SEEDS Capital names Trendlines a co-investment partner
Editor’s note: In December 2018, we announced our intention to launch a Singapore-based innovation center focused on developing agrifood technologies and our plans to raise a $40 million venture fund to support the new investment activity. Read the announcement (PDF).
Singapore government investment arm SEEDS Capital announces partnership investment plan for agrifood tech companies
Trendlines among seven selected co-investors
Our new Singapore fund has been appointed one of the partners under the Startup SG Equity scheme, which is administered by SEEDS Capital. In September 2018, SEEDS Capital issued a call for proposals for potential partners to co-invest in the agrifood tech field. Read the full announcement (PDF).
Together, the new Trendlines fund and SEEDS Capital intend to invest in agrifood technology companies. Trendlines looks forward to co-investing with SEEDS Capital and considers the pipeline of deals that will originate from Trendlines’ new agrifood innovation center as a rich source of deal flow for investment.
This collaboration leverages Trendlines’ experience and proven track record in identifying, incubating, and grooming agrifood technology companies while working closely with SEEDS Capital to provide growth capital and support to assist young, high-potential start-ups.
Trendlines Chairman and CEO Steve Rhodes