The firm, co-founded by partners including three former Queensland University of Technology start-up program managers, is seeking up to A$50 million for its first VC fund.
AAM’s flagship Diversified Agriculture Fund is seeking more capital to deploy into its northern Australia cattle assets and to expand its softwood timber businesses.
Non-bank lender Thera Capital Management has secured two-thirds of its commitments from outside Australia, gaining traction among investors thanks to ag’s defensive characteristics and ESG themes.
Pollination founding partner Martijn Wilder says the ANZ investment ‘validates the business model’ and will turbocharge the firm’s next stage of growth.
The Sydney-headquartered fund manager has secured commitments from the Clean Energy Finance Corporation and the SDG Kempen Farmland Fund for its Transforming Farming Platform.