MULTIVAC invests in BayWa Venture to form AgriFoodTech venture alliance

MULTIVAC, BayWa, and Bindewald and Gutting Mühlengruppe are jointly investing around EUR 20 million in AgriFoodTech start-ups through the newly renamed AgriFoodTech Venture GmbH. MULTIVAC and Bindewald and Gutting each take an equal stake via a capital increase of nearly EUR 10 million, while BayWa remains majority shareholder with 51%.

“The mission of the newly renamed AgriFoodTech Venture GmbH is to promote innovative solutions for sustainable food production.”taylorwessing.com

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• taylorwessing.comAgriFoodTech Venture Alliance: Taylor Wessing advises MULTIVAC on its investment in BayWa VentureDr. Stefan Horn, LL.B. Salary Partner Hamburg Read MoreFeb 23, 2024

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