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Do you want to know more about Kale Growth or the opportunities to invest in Kale United? We bring you updates on our portfolio companies in the agrifoodtech space.

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The challenge

As one of the world’s largest industries and a major contributor to greenhouse gas emissions, the food system offers the highest CO2 reduction potential per dollar invested, positioning it as the most impactful sector for climate action. Investments in alternative proteins have 11 times the impact of those in electric vehicles, as shown in the graph below.

A shortage in funding

Despite this potential, since 2021, resilient agrifoodtech scale-ups have encountered a funding gap, with the World Bank noting that annual investments must increase by 18 times to halve agrifood emissions by 2030. 

CO₂ Impact per Invested dollar

Alternative proteins
4.4
Cement
1.5
Iron and steel
1.3
Chemicals
1
Buidlings
0.6
Light road transport
0.4
Shipping
0.4
Power
0.3
Aviation
0.2
Heady road transport
0.1
Source: Boston consulting group

The opportunity

Global sales of alternative proteins has increased over the last years, and along with it the value of agrifoodtech startups. The global alternative protein market is anticipated to grow at a CAGR of 12.2% from 2023 to 2033, reaching a market value of $35.9 billion by 2033​.

Many agrifoodtech companies are now at the stage where they have refined their research and development and have started putting their products and solutions on this immensely growing market.

Our commitment

We only invest in companies with a high impact on the reduction of the global carbon footprint. The solutions already exist, but to make a viable difference to the future of food, we need to invest in the scale and efficiency of the sector. Industrial innovation will allow plant-based foods to compete with traditional products on taste, price and convenience, driving wider adoption and making a lasting impact.