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Agrovision announces largest equity financing to date

Technology-enabled superfruit platform Agrovision, known for its premium berries sold under The Fruitist and Big Skye brands, today announced a growth capital investment led by Los Angeles-based Aliment Capital, a global investment firm investing across the food value chain, health and nutrition, and the supply chain. With a focus on key strategic initiatives, Aliment will provide additional capital and expertise to help take Agrovision to its next level of growth.

The investment will fund Agrovision's continued global expansion, distribution, product development and technology, as the Company continues scaling its differentiated year-round product offering. Agrovision leverages its unique global footprint of optimal micro-climates, access to proprietary premium genetics, advanced data analytics and vertical integration, to deliver berries with a superior eating experience. As the ultimate healthy snack, its Fruitist and Big Skye brands are positioned to take growing share of the healthy snacking market, with premium berries alone expected to reach $10 billion by 2030.

Aliment Capital invests in commercially established businesses with proven technologies as part of a broader commitment to improve productivity, efficiency, and sustainability in the food and agriculture supply chain, as well as nutrition and health. Food and Agriculture is the world's second-fastest growing industrial sector, now estimated as a $13 trillion market, feeding the planet and employing nearly 40% of the world's population.

"We are excited to close this partnership with a leading growth capital investor in our industry, a testament to our strategic vision and the opportunity we have to inspire consumers to live healthier lifestyles," said Agrovision Co-Founder, CEO and Executive Chairman Steve Magami. "Agrovision is fully committed to reliably advancing the highest quality superfruits to consumers for healthier snacking 365 days a year, as we continue to build on our legacy of operational excellence in sustainable agriculture."

For more information:
Agrovision
2121 Avenue of the Stars, Suite 2570
Los Angeles, CA 90067
Tel.: +1 424 777 1770

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