Otter, Open Prairie, RockPort and Pangaea are among the VC firms backing the company focused on plant bacteria beneficial for growth.
The Agricultural Development Fund is funded by US and European governments and will seek private capital at a later stage.
Wheatsheaf Investments, a subsidiary of Grosvenor, the UK family office, has invested $5 million into Enterra Feed, a Canadian animal feed producer.
The European Union is committing €4m to the newly-launched SmartAgri Food accelerator.
The Beijing Australia Agricultural Resource Cooperative Development Fund will invest across agricultural industries.
The agdata sector attracted investments worth $28m last week, according to online data platform i3.
The bank's private equity arm recently invested $35m into a Middle Eastern chicken producer.
Investing alongside two co-investors, the Australia and New Zealand forestry investment manager has created a new business called Forico to manage the 175,000 hectares of forestry plantations.
The US pension fund approved the commitment to the US-based ACM Permanent Crops fund, at its latest board meeting
The World Bank and the Global Environment Facility have invested $508m in the Philippines Rural Development Fund.