Anterra raises $100m for Fund III as AI appetite in agriculture defies investment downturn

Anterra Capital has secured the first $100 million for its third fund, targeting $200 million to invest in AI-driven innovation in food and agriculture, despite a broader decline in agrifood funding. The firm sees a pivotal opportunity as AI enables productivity gains and faster R&D in a sector long limited by manual processes, with early investments including platforms for food distribution and animal health. Anterra’s approach focuses on scalable, science-led companies that integrate with existing infrastructure, attracting support from institutional investors and operators managing over 13 million acres. The move highlights a growing conviction that AI is a bright spot in an otherwise subdued market.