COPIA Agro and Food Technologies Fund have made an announcement of generating USD 27 million from family offices, private investors, institutional investors and companies in Europe, Asia, USA, and Africa.
Copia is the company which invests on technologies that take care of important global complications related to food and agriculture.
The motive behind the investment is to better the availability of food globally and to strengthen security and safety.
Adam Ben-Dror, Head of Alternatives at Altshuler Shaham, a leading Israeli Investment House with NIS multi-billion under management, and a lead investor in Copia stated, "Altshuler Shaham believes in the Agri-Food sector and our investment in Copia opens an opportunity to capitalize on the strong know-how and IP developed in Israel. The fund's unique business model, strong capabilities of its team, and their excellent track-records in developing ideas into viable products make us confident that their passion and market knowledge will lead COPIA to great success.”
Copia’s Managing Partner said that their hands-on management is helping in effectively changing technologies into marketable solutions. The company’s distinct model is aiding to develop high return potential.
Ohad Zuckerman, Copia’s Managing Partner said that human relationships with concern to food have a lot of challenges that needs to be attended. For further sustainability, some actions need to be taken. The team formed by the company is strong enough and its technologies are far more promising.