Alexandria Venture Investments Recognized as One of the Top Five Most Active U.S. Investors in Agrifoodtech for Second Consecutive Year
Alexandria has been at the vanguard and heart of the agrifoodtech ecosystem since 2000, investing in and providing its sophisticated infrastructure to highly innovative companies that are developing groundbreaking technologies to meaningfully improve human health and nutrition and tackle climate change
PASADENA, Calif., March 31, 2022 /PRNewswire/ -- Alexandria Venture Investments, the strategic venture capital platform of Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT and the first, longest-tenured and pioneering owner, operator and developer uniquely focused on collaborative life science, agtech and technology campuses in AAA innovation cluster locations, today announced that it was recognized by AgFunder in its "2022 AgriFoodTech Investment Report" as one of the top five most active U.S. investors in agrifoodtech by number of companies in which it invested (2021) for the second consecutive year. This significant recognition demonstrates Alexandria's leadership in venture activity that supports the next generation of companies in agrifoodtech. These impactful companies are accelerating and scaling technological innovation and broader transformations in the agrifoodtech sector, which are critical for the long-term health, accessibility, sustainability and resilience of the global food supply. Since 2000, Alexandria has diligently invested in and provided state-of-the-art infrastructure for innovative agrifoodtech companies advancing novel approaches with vast potential to address challenges related to sustainability, agriculture, food and nutrition.
"Food and agriculture are fundamental to society and humanity, intrinsically linked to our health, well-being and security. In addition to having to meet the food requirements of a rapidly growing population in more nutritious and responsible ways, our food system is facing serious threats from climate change, infectious diseases and geopolitics, which has made more urgent the need to dramatically accelerate the pace of innovation in the agrifoodtech sector," said Blake Stevens, PhD, vice president of Science & Technology at Alexandria Real Estate Equities, Inc. and Alexandria Venture Investments. "Our investment thesis remains 'go long on ag' because it is imperative to provide investment capital to disruptive companies solving these pressing and difficult challenges. Venture capital investment in the agrifoodtech sector continues to surge, with
Alexandria Venture Investments' key agrifoodtech investment areas, which span the production-distribution-consumption continuum, include crop protection, gene editing, artificial intelligence, carbon sequestration, food waste mitigation, alternative proteins, the microbiome and indoor agriculture. As part of Alexandria's continued strategic investment in trailblazing companies transforming the ways we produce, deliver and eat food, the company has deepened its focus on the food technology area in 2022. Some of the company's most noteworthy recent investments in this area include its participation in the financings of Atomo, Mori and Umaro Foods, each of which is leveraging its own technology platform to create more sustainable food and supply chains and reduce the food and agricultural systems' carbon footprint.
Alexandria Real Estate Equities, Inc. (NYSE: ARE), an S&P 500® urban office REIT, is the first, longest-tenured and pioneering owner, operator and developer uniquely focused on collaborative life science, agtech and technology campuses in AAA innovation cluster locations, with a total market capitalization of
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, without limitation, statements regarding the likelihood of continued investment activity by the Alexandria Venture Investments platform and the potential impacts of such investments on Alexandria's business, the companies in which it invests, the current and future development and effectiveness of agrifoodtech and the impact of such agrifoodtech on climate change and nutrition. These forward-looking statements are based on the Company's present intent, beliefs or expectations, but forward-looking statements are not guaranteed to occur and may not occur. Actual results may differ materially from those contained in or implied by the Company's forward-looking statements as a result of a variety of factors, including, without limitation, the risks and uncertainties detailed in its filings with the Securities and Exchange Commission. All forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update this information. For more discussion relating to risks and uncertainties that could cause actual results to differ materially from those anticipated in the Company's forward-looking statements, and risks and uncertainties to the Company's business in general, please refer to the Company's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and any subsequently filed quarterly reports on Form 10-Q.
CONTACT: Sara Kabakoff, Vice President – Communications, (626) 788‑5578, skabakoff@are.com
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SOURCE Alexandria Real Estate Equities, Inc.
