Rabo Investments Corporate Venturing has invested USD 11 million in TRACT to enhance sustainability measurement and traceability in food and agriculture supply chains, demonstrating a strong commitment to fostering responsible agricultural practices.
Information on the Target
TRACT is an innovative company focused on enhancing sustainability measurement and traceability within the food and agriculture supply chains. Recently, it successfully raised USD 11 million in capital, facilitated by investment from Rabo Investments Corporate Venturing alongside The Working Capital Fund and key existing shareholders including LDC, ADM, Olam, and Cargill. This funding is pivotal for TRACT, enabling it to streamline its operations while contributing to environmental sustainability in agricultural practices.
Under the leadership of CEO Allison Kopf, TRACT aims to enhance the efficiency of agricultural supply chains by implementing robust sustainability metrics and methodologies. The alignment of the company with prominent industry players underscores its significance in fostering sustainable practices within the sector.
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Industry Overview in the Target’s Specific Country
The food and agriculture sector is increasingly recognizing the importance of sustainability, particularly in the United States, where environmental concerns are paramount. With g
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Rabo Investments Corporate Venturing
invested in
TRACT
in 2023
in a Corporate VC deal
Disclosed details
Transaction Size: $11M