Profile
Corporate information
Also known as
ARAF
Registration country
Fund terms
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.
Funding
Funding rounds
Fund Closing USD 58,000,000
Investor | Profile | Country | Notes | |
---|---|---|---|---|
Acumen Fund Inc | United States | Initial investment. Round participant. | ||
Children’s Investment Fund Foundation | Initial investment. Round participant. | |||
Dutch Entrepreneurial Development Bank | Netherlands | Initial investment. Round participant. | ||
Global Social Impact | Initial investment. Round participant. | |||
Green Climate Fund | Initial investment. Round participant. | |||
IKEA Foundation | Initial investment. Round participant. | |||
Proparco Agence Française de Développement | France | Initial investment. Round participant. | ||
Soros Economic Development Fund | United States | Initial investment. Round participant. |