Edmond De Rothschild Private Equity and Peakbridge have announced a new agri-foodtech investment partnership.

The companies say the joint venture will seek to impact key areas of ingredient innovation, alternative protein technologies, novel farming systems, digitalization and nutrition & health.

The private equity investment platform of Edmond de Rothschild Group and PeakBridge will combine complementary activities to accelerate the growth of Peakbridge’s investment platform. Their goal will be to support ari-foodtech startups in their growth stages and will initially target €250 million in AUM.

General Partner of PeakBridge, Erich Sieber, said: “We are grateful for this vote of confidence from Edmond de Rothschild, enabling us to further our efforts in investing and supporting the rapidly growing infrastructure that is needed to advance FoodTech innovation. We will work in close collaboration together with Edmond de Rothschild to discover, invest and nurture top growth stage entrepreneurs and technologies that will impact the future of our food systems.”

CEO of the Edmond de Rothschild Private Equity, Johnny El Hachem, added: “This partnership, with a professional Agri-FoodTech fund manager whose strategy and positioning are close to our DNA, demonstrates our desire to constantly improve our offering and further our impact in critical industries such as food and agriculture. We have strong confidence that together with PeakBridge we can create a long-lasting impact on systematic social and environmental challenges globally.