A leading food and beverage company, Agthia Group has announced the launch of Agthia Ventures, a corporate venture capital (CVC) fund.
The fund is designed to expand its innovation capabilities and create mutual value with start-ups as the company continues to drive profitable growth in both new and existing markets.
Funded by Agthia and its parent company ADQ, Agthia Ventures will be managed together with Touchdown Ventures, a global leader in establishing and operating bespoke CVC programmes for blue-chip corporates, with over 100 completed venture investments to date.
Agthia Ventures will build on the UAE group’s four decades of experience, thus creating a programme to help the best and brightest entrepreneurs in food and related industries scale their operations and accelerate their product development and market adoption, through access to Agthia’s extensive industry knowledge, diverse distribution networks, technological infrastructure, research, development and marketing capabilities, and established customer relationships.
Utilising Touchdown’s extensive network of startups, venture capital relationships, incubators, and accelerators, Agthia Ventures is well-placed to identify attractive early-stage, seed, and growth investment opportunities, within relevant and target geographies.
The fund is stage-agnostic and will invest primarily in companies with clear product-market fit that are demonstrating revenue growth.
Investments will focus on brands, categories, and solutions across Agthia’s portfolio that are both complementary and adjacent to its business model, for example in snacks and beverages, value chain technology, and ingredient technology.
