Blue Horizon Ventures announces final close of its first flagship fund

Blue Horizon Ventures, a sustainable food system focused venture capital fund, announced the final close of its first flagship fund Blue Horizon Ventures I, well beyond its initial target size at €183 million.

More than 100 investors subscribed to the fund, which supports and promotes a positive global impact on the environment and human health, and focuses on investments into alternative proteins, synthetic biology, cultivated food (cellular agriculture), smart packaging and food waste.

The mission of the fund, besides financial performance and market rate returns, is to generate value for investors by supporting and promoting a positive global impact on the environment, human health and animal welfare with a main focus on investments into alternative proteins, synthetic biology, cultivated food (cellular agriculture), smart packaging and food waste.

The fund attracted Limited Partners (LPs) around the world, ranging from private investors to corporates and institutional investors. Renowned investors include the European Investment Fund EIF, Wire Group’s Private Markets Funds, and Givaudan.

Michael Kleindl, Founder and Managing Partner of Blue Horizon Ventures, said: "The global capital, accelerated by the global COVID-19 pandemic is moving towards impact at great speed. This allows more and more entrepreneurs to start their ventures in the food sector."

"We are delighted to have reached the final close for our first flagship fund. The overwhelming interest and final fund size combined with our pace and quality of portfolio building reflect the enormous potential of our investment thesis: Financial performance paired with an attractive risk return profile and tangible impact.”

The expertise of Blue Horizon Ventures is based on a diverse team with a multidisciplinary skill set, consisting of bioscientists, food engineers, nutrition and retail experts as well as finance and venture capital specialists.

It has developed partnerships with many like-minded, mission aligned co-investors and hubs of innovation such as relevant incubators, accelerators and universities. In less than 18 months it has already made 16 investments and committed circa EUR 80 million in capital into global innovation.

Find out more here.