AG

AgFunder

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Researched and published by the startup.ph editorial team from public sources — not a self-submitted profile.

AgFunder

VC Fund 📍 United States, North America

About AgFunder

AgFunder is a global venture capital firm founded in 2013 by Rob Leclerc and Michael Dean, headquartered in San Francisco with a second office in Singapore covering Asia dealflow. The firm was built specifically around agrifoodtech — investing in deeptech aimed at bottlenecks in food, agriculture, and human and planetary health — and reports roughly US$300 million in assets under management across a portfolio of 100+ companies spanning four continents. It also runs AgFunderNews, an industry publication it founded to build awareness of the agrifoodtech investment category.

AgFunder's portfolio spans robotics and farm automation, alternative proteins, climate and carbon-focused agtech, and biotech, with companies such as Bear Flag Robotics, Juicy Marbles, and DeHaat among its more recognized names. Its own portfolio page lists one clearly Philippine-focused company, Kita (described on AgFunder's site as "digitizing agrifood supply chains in the Philippines") — a genuine, if singular, Philippine connection within an otherwise globally distributed book.

Investment Thesis

AgFunder backs founders applying deeptech — AI, biology, robotics, and materials science — to structural problems in food, agriculture, and climate, typically from seed through growth stage. Its stated mandate is explicitly global and sector-first rather than geography-first: the firm looks for agrifoodtech opportunities wherever they arise, with a Singapore-based team specifically tasked with sourcing Asian dealflow. Its one identified Philippine investment, Kita, fits squarely within this sector thesis (agricultural supply-chain digitization) rather than reflecting any dedicated Philippine or Southeast Asian strategy.

Portfolio Companies

Bear Flag Robotics, Juicy Marbles, DeHaat, Aigen, Brightseed, Klim, Kita (Philippines)