Corporate information
Overview
The Acumen Resilient Agriculture Fund (ARAF) is a $58 million impact fund and the world’s first equity fund designed to build the climate resilience of smallholder farmers. Although smallholder farmers produce a third of the world’s food, climate change is threatening their lives and livelihoods with devastating impacts. ARAF supports smallholder farmers in Africa by investing in early and early-growth stage agribusinesses that enable them to anticipate, weather, and bounce-back from climate events, resulting in increased yields and incomes. These agribusinesses are backed by passionate founders committed to building profitable and scalable enterprises that prioritize the needs of smallholder farmers. ARAF is sponsored by Acumen, anchored by the Green Climate Fund, and supported by FMO, the Soros Economic Development Fund, PROPARCO, the Children’s Investment Fund Foundation, Global Social Impact, IKEA Foundation, and others. It is managed by Acumen Capital Partners, a wholly owned subsidiary of Acumen.
Fund terms
Funding rounds
Fund Closing USD 58,000,000
USD 58,000,000
Investor | Profile | Country | Notes | |
---|---|---|---|---|
Acumen Fund Inc | Initial investment. | |||
Children’s Investment Fund Foundation | Initial investment. | |||
Dutch Entrepreneurial Development Bank (FMO) | Initial investment. | |||
Global Social Impact | Initial investment. | |||
Green Climate Fund | Initial investment. | |||
IKEA Foundation | Initial investment. | |||
Proparco Agence Française de Développement (PROPARCO) | Initial investment. | |||
Soros Economic Development Fund | Initial investment. |