Cibus Capital raises USD 600m to invest in the sustainable food and agriculture transition

4 March 2024, LONDON UK – Cibus Capital LLP (‘Cibus’), the specialist investment advisory firm focused on sustainable food and agriculture, is pleased to announce the successful close of its second mid-market private equity fund, Cibus Fund II (‘CF II’) with over USD 510 million in commitments, and its second venture fund, Cibus Enterprise Fund II (‘CE II’) with over USD 135 million in commitments.

The fundraise attracted investment from a diversified investor base consisting of returning and new participants. Investors in the two funds include Los Angeles County Employee Retirement Association (‘LACERA’) and Retail Employees Superannuation Trust (‘Rest’), one of Australia’s largest profit-to-member superannuation funds, amongst other major institutional investors.

“Rest expects our investment in Cibus Fund II to deliver long-term value for our members while growing our exposure to companies at the forefront of sustainable agriculture practices. It also brings us closer to our target of achieving a one per cent allocation to impact investments across our total portfolio by 2026,” said Rest’s Head of Responsible Investment & Sustainability, Leilani Weier.

CE II invests in late-stage venture through innovative companies driving technologies with the potential to disrupt food production or processing, increasing resource efficiency and sustainability. The Fund has already made ten investments across sectors, including robotics, precision chemistry for crop protection, and natural capital.

Rob Appleby, Founder and CIO of Cibus Capital comments: “Farmers and landowners have taken centre stage in the debate about food security and environmental conservation. This coincides with a clearer view of the risks and opportunities faced by investors and stakeholders alike in food production. We thank our original supporters and those looking at Cibus for the first time, for the support they have provided us as we direct capital to those companies contributing to carbon reduction, increasing biodiversity and making compelling financial returns.

Alastair Cooper, Head of Venture of Cibus Capital comments: “Agri-Food Technology provides the potential for unprecedented positive change across resource efficiency, GHG emissions, biodiversity, food security, human health and animal welfare. We are excited about the possibilities to come, deploying capital to innovative companies supporting the technological revolution much needed in our food system.”



About Cibus Capital LLP

Cibus Capital LLP is the London-based investment advisor to the Cibus funds. The Cibus funds partner with food and agriculture companies that provide investors with a risk-adjusted return on capital and a sustainable competitive advantage. Cibus has raised over USD 1bn to invest in two strategies: mid-market growth/buyout investments in food production and processing businesses and late-stage agrifood technology companies. For more information visit

For more information, please contact:
Montfort Communications
+44(0)7752 329 851

 Legal References and Disclaimer:

References herein to  “Cibus Fund II” are references to Cibus Fund II LP; “Cibus Enterprise Fund II” refers to Cibus Enterprise Fund II LP, which are both managed by Cibus Investments II Limited and advised by Cibus Capital LLP.  References to “Cibus” are to Cibus Capital LLP.  None of Cibus or Cibus Investments Limited make any representation as to the accuracy, reliability or completeness of this Press Release. This release does not constitute an offer to subscribe for interests in the Cibus funds or any other actual or prospective fund advised by Cibus Capital LLP.