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Announced

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Novo Holdings completed the investment in AgNext Technologies.

Synopsis

Novo Holdings, a holding and investment company, completed the investment in AgNext Technologies, a breakthrough agricultural and food technology company. Financial terms were not disclosed. "This investment presents an exciting opportunity for Novo Holdings to collaborate with AgNext's management team in markets with unmet needs, prioritising both organic and inorganic growth in the food and agritech space in the near and long term. With an innovative technology offering, AgNext is poised to capture opportunities to grow its business across various sectors and regions. Further, the company's focus on unique and customised solutions aligns well with our vision of supporting transformative technologies in the bioindustrial and planetary health sector," Amit Kakar, Novo Managing Partner.

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