Supernova Invest and Crédit Agricole have launched a €100 million innovation capital fund to support agri-agro tech in France and Europe, addressing critical sustainability and competitive challenges in the sector.

Information on the Target

Supernova Invest, in collaboration with the Crédit Agricole Group, has launched a specialized innovation capital fund focusing on agri-agro tech. The fund has successfully completed its first closing at €60 million, with a target size of €100 million. This initiative aims to garner support from third-party investors, including industrialists and institutional investors, to bolster French and European agrifood technology leaders.

This fund represents a combined vision to accelerate the transition of French agri-agro sectors. Supernova Invest brings its extensive investment experience in the agri-agro tech space, while Crédit Agricole leverages its close connection to the farming community, representing more than 80% of farmers in France. Together, they aim to foster the most promising start-ups crucial for advancing the competitiveness and sustainability of the agri-food industry across various spatial levels - local, national, and European.

Industry Overview in France

The agri-agro tech sector in France is burgeoning with innovation and investment, marking its position as one of the leading European countries in this domain. A diverse range of technologies forms the foundation of agri-agro tech