JERUSALEM (Reuters) – Israel’s Copia Agricultural and Food Technology Fund said on Tuesday it had raised $27 million in funding from institutional and private investors and companies in Israel, Europe, Asia, Africa and the United States.
Copia is a fund that invests in technologies that address challenges related to food and agriculture, including improving food safety and security, reducing environmental degradation caused by modern agriculture, and facilitating adaptation to climate change.
The company said it has a portfolio of 13 technologies, seven of which are integrated with industrial partners.
Ohad Zuckerman, Managing Partner at Copia, said: “Humanity’s relationship with food faces serious challenges and we must act towards greater sustainability. Technological innovation can help alleviate these challenges. academic institutions are a key source of innovation.”
(Reporting by Stephen Scheer; Editing by Tovah Cohen)