Agribusiness venture capital firm IN Partners LLC has announced the successful initial close of its inaugural $27.8 million MidPoint Food & Ag Fund.
The fund will focus its investments in bio-based products and processes, human wellness, food safety, animal health, environmental technologies and production technologies.
With the advent of the MidPoint fund, Indianapolis is now one of only a handful of cities in North America with professional venture capital dedicated to innovations in food and agriculture, and provides yet another demonstration of Indiana’s national stature as one of the top life sciences regions.
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