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Agronomics

USGBAUFINLDEILSGCNOtherClimateBio/PharmaDeep TechOther

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Investment thesis

Agronomics is the leading London AIM-listed venture capital firm focused exclusively on cellular agriculture and clean food technologies. The firm seeks to secure minority stakes in companies owning defensible intellectual property that offer new ways of producing food and materials — with a focus on products historically derived from animals — spanning cultivated meat, precision fermentation, alternative proteins, and biomanufacturing. As stated in its own materials: 'These technologies are driving a major disruption in agriculture, offering solutions to improve sustainability, as well as addressing human health, animal welfare and environmental damage. This disruption will decouple supply chains from the environment and animals and improve food security for the world's expanding population.' Agronomics invests from Pre-Seed to Series C, deploying balance-sheet capital into a concentrated portfolio of over 20 companies globally, and provides shareholders with a single publicly traded vehicle (ticker: ANIC) to access this otherwise difficult-to-reach sector.

Notable quotes

During the period, the Agronomics portfolio has continued to show significant technological and commercial progress, with many of our more mature assets achieving some of the largest financing rounds in the sector. Collectively, the portfolio has raised close to US$400 million over the last 18 months. The progress we have achieved during a challenging period for much of the cultivated proteins industry pays testament to the quality of our portfolio and our ability to identify the future category leaders within the industry.

Jim Mellon · Agronomics Unaudited Interim Results, RNS, 14 March 2025 · 2025-03-14

The further expansion of Agronomics' capital is validation of its role in the thematic play of the New Agrarian Revolution. I am proud to be the largest subscriber to this round and look forward to great returns from the team at Agronomics.

Jim Mellon · Green Queen Media, Agronomics US$13.2M equity round announcement · 2021-12-01

ANIC is the only UK-listed vehicle targeting cellular agriculture, thus offering investors a rare opportunity to gain exposure to this exciting and rapidly expanding, but difficult to access, sector.

Jim Mellon · Edison Group Research — 'A Unique Offering in a Rapidly Developing Sector' · 2023-01-01

Recent investments

CompanyRoundSizeDate
Liberation LabsSeries A / Convertible Notes$51m2025-01-30
All GSeries A Extension2026-01-15
SuperMeatSeries A2025-11-24
BlueNaluSeries B2025-12-29
FormoSeries B$61m2024-09-01
GalySeries B$33m2024-07-01
Onego BioSeries A2024-06-01
MeatlySeries A2024-01-01
Solar FoodsSeries B$9m2022-11-01
MeatableGrant / Innovation Credit2024-10-01

Frequent co-investors

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