PeakBridge buys Dutch and French agri-foodtech companies

The purchases of Rival Foods and Standing Ovation are the first investments from Growth II Fund.

  • PeakBridge is a global impact fund manager specialising in agri-foodtech
  • It is the fund’s first deployment of the first €100 million secured from investors
  • PeakBridge was joined by Roquette Ventures in the investments

PeakBridge, a member of the Edmond de Rothschild Private Equity partnership, has invested in Rival Foods and Standing Ovation. The investments are the first deployment of the first approximately €100 million secured from investors for the Growth II Fund. PeakBridge was joined by France’s Roquette Ventures in both investments.

Rival Foods is an Amersfoort, Netherlands-based technology company, spun-off from Wageningen University. It provides solutions to improve the quality of vegetable proteins’ taste and texture.

Standing Ovation is a Paris-based company that develops animal- and lactose-free cheese and dairy products.

“Solutions and technologies that explore alternatives to animal-based protein without compromising on taste, texture, nutrition and climate impact are becoming increasingly significant,” said Nadav Berger, general partner and co-founder of PeakBridge.

PeakBridge Growth II completed its first closing in partnership with Edmond de Rothschild Private Equity at around half of its target fund size four months after its launch.

“This fundraising success confirms our conviction that the agri-foodtech asset class has significant growth potential and demonstrates investor interest in this theme,” said Johnny El Hachem, CEO of Edmond de Rothschild Private Equity. “As a conviction-driven investment house, we believe that technologies that address the dislocation of global food chains by bringing more resilience and security to shocks such as tariffs, pandemics and wars are here to stay.”

Edmond de Rothschild Private Equity is based in Paris and has €3.6 billion in assets under management. It invests across the technology sector with a particular focus in agri-foodtech.

PeakBridge is a global impact fund manager specialising in the agri-foodtech sector and is based in Valletta, Malta.