Midwest Growth Partners closes $170M fund to invest in U.S. food and agtech companies

 

Midwest Growth Partners has closed a $170M fund to invest in U.S. food and agtech companies.  The firm aims to invest anywhere from $500,000 to $20M. Midwest Growth Partners invests in profitable food and agtech companies that are mainly based in the U.S. The firm aims to deploy the fund across 10-15 investments during the next five years. Its portfolio companies have a combined revenue of $1B and employ over 3,000 people. So far, the firm has invested $140M in almost 30 different companies. Midwest Growth Partners is based in Iowa and has an additional office in Nebraska.