Grosvenor Food & AgTech

What Grosvenor Food & AgTech does

Grosvenor Food & AgTech is the food and agriculture technology investment arm of Grosvenor Group Limited, a private, family-owned international organization controlled by the Grosvenor family for approximately 350 years. Operating as a division of Grosvenor Group (formerly traded under the Wheatsheaf Group name and rebranded in the 2020s), the entity invests in innovative businesses working across the food system value chain, with the stated objective of helping portfolio companies scale operations, achieve profitability, and raise follow-on capital. The customer base is B2B and consists of the portfolio companies themselves rather than downstream consumers of food products.

The disclosed portfolio spans four public reference companies: Every (precision fermentation for animal-free protein), Ostara (sustainable fertilizer manufacturing, with a Missouri facility that increased production capacity tenfold), Oxbury (an agricultural bank providing financial services to the farming sector), and AeroFarms (indoor vertical farming growing microgreens with no soil, no pesticides, and 95% less water, whose Virginia facility reached profitability). Technology differentiation is concentrated in resource efficiency, sustainable production at scale, and novel bio-based inputs — areas that map onto Grosvenor Food & AgTech's dual thesis of returns and impact within the food system.

Economically, the division is a direct-investment vehicle funded by Grosvenor Group rather than external limited partners. Portfolio value grew from £391m in FY2023 to £469.6m in FY2024 (a 20% increase) before declining 34% to £307.9m in FY2025 amid a sector-wide reset driven by economic pressure, tighter funding, and investor caution, particularly in North America. In FY2024 the division committed £48.5m of fresh capital to portfolio companies. Go-to-market is sales-led via direct investment relationships managed from London and Chester, with no public pricing, management fees, or fund structure disclosed.

Name

Grosvenor Food & AgTech

Legal name

Grosvenor Food & AgTech (operating as part of Grosvenor Group Limited)

Website

http://www.grosvenor.com/food-agtech

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Grosvenor Food & AgTech is the food and agriculture technology investment arm of the family-owned Grosvenor Group, deploying patient capital into innovative businesses across the food system value chain, including precision fermentation, sustainable fertilizer, agricultural banking, and indoor vertical farming.

Ownership category

akta.pro rank

Product category

Food & AgTech Venture Capital

akta.pro primary industry

Sustainable Agriculture & Food Systems Funds (FSANAJAE)

akta.pro secondary industry

Agriculture & Food / AgTech Growth Equity (FSANACAM)

Keywords

• Food technology investments
• Agriculture technology venture capital
• Agtech portfolio management
• Food system innovation funding
• Sustainable agriculture investing

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Investment Portfolio Returns: Grosvenor Food & AgTech generates returns through its investment portfolio of innovative food and agriculture technology companies. The portfolio value increased to £469.6m in FY2024 from £391m in FY2023, with £48.5m of fresh capital committed in FY2024 to help businesses accelerate growth.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Grosvenor Food & AgTech is an investment division that deploys growth capital into innovative food and agriculture technology companies across the food system value chain. The division helps portfolio companies scale their operations, achieve profitability, and raise new funds for investment, with a portfolio spanning precision fermentation, sustainable fertiliser production, indoor vertical farming, and agricultural banking.

Product overview

Grosvenor Food & AgTech is an investment division (formerly known as Wheatsheaf Group) that manages a portfolio of innovative food and agriculture technology companies. The portfolio includes: Every (precision fermentation), Ostara (sustainable fertiliser production), Oxbury (agricultural banking), and AeroFarms (indoor vertical farming). These portfolio companies operate independently while being unified under Grosvenor Food & AgTech's investment strategy focused on scalable technologies that address food system challenges.

Differentiator

Problem solved

Functional benefit

Products and services

• Grosvenor Food & AgTech Investment Division (formerly Wheatsheaf Group) Investment division of Grosvenor Group that deploys growth capital into innovative food and agriculture technology companies, helping portfolio companies scale operations, achieve profitability, and raise new funds for investment. Targets scalable, sustainable technologies that deliver both financial returns and environmental impact across the food system value chain.
• Every

Quantifiable outcome

• Portfolio value increased by 20% from £391m (FY2023) to £469.6m (FY2024)
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Atlantic Salmon TrustcoreStrategic or Co-development Partner · 1 January 2024Partnership with Atlantic Salmon Trust to deliver Project Laxford, a landscape-scale ecosystem restoration project at Reay Forest Estate focused on restoring wild Atlantic salmon and sea trout populations in the River Laxford catchment in Scotland.
• Westminster City CouncilcoreStrategic or Co-development PartnerPartnership to implement Westminster's first Listed Building Consent Order (LBCO) at Eaton Square in Belgravia, simplifying the retrofit process for residents and enabling energy efficiency improvements at scale across 118 listed buildings.
• London Wildlife TrustminorStrategic or Co-development PartnerPartnership with London Wildlife Trust to deliver environmental programmes from an education centre at Grosvenor Square, as part of Grosvenor's investment into creating an extraordinary urban wildlife garden in the heart of the West End.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Finistere Ventures: Finistere Ventures is an AgTech-focused venture capital firm with investments across crop science, digital agriculture, and alternative proteins. Directly comparable as a dedicated AgTech investor with similar portfolio breadth and stage focus.
• Anterra Capital: Anterra Capital is a specialist Food & AgTech venture capital firm investing from seed to growth across the global food value chain. Closely comparable to Grosvenor Food & AgTech given its dedicated focus on transforming the food system through technology investment.
• S2G Ventures: S2G Ventures is a venture and growth investment firm focused on food and agriculture technology, backing companies across the food system value chain. Highly comparable to Grosvenor Food & AgTech in mandate, stage focus, and emphasis on both financial returns and sustainability impact.
• Blue Horizon: Blue Horizon is a venture capital firm investing across the food and agriculture value chain with a focus on sustainable and healthy food systems. Directly comparable as a thesis-driven Food & AgTech investor.
• Pontifax AgTech: Pontifax AgTech is a venture capital firm dedicated to food and agriculture technology, backing companies that improve the efficiency, sustainability, and yield of the food system. Directly comparable in mission and sector focus.
• Cultivian Sandbox Ventures: Cultivian Sandbox is a venture capital fund focused on AgTech and adjacent food technologies, investing from seed through growth stages. Comparable as a specialist AgTech investor with similar deal scope and stage mix.
• Astanor Ventures: Astanor Ventures is an impact-focused venture capital firm investing in AgriFoodTech companies that regenerate ecosystems and reshape food systems. Comparable to Grosvenor Food & AgTech in its blend of financial and impact returns across the food value chain.

Broad incumbents

• ADM Ventures: ADM Ventures is the corporate venture arm of Archer Daniels Midland, a global food and nutrition major, investing in food-tech and AgTech start-ups. Comparable as a strategic investor in the same themes but operating as part of a much larger publicly-listed food conglomerate.
• Cargill Ventures: Cargill is one of the world's largest agricultural and food companies with venture and growth investment activity in food and AgTech. Comparable as a corporate strategic investor in the same vertical, though orders of magnitude larger and more diversified.
• Rabo Frontier Ventures: Rabo Frontier Ventures is the venture arm of Rabobank, a major global food and agriculture bank. Comparable as a strategic investor in AgTech, though backed by a much larger incumbent bank with broader capabilities than Grosvenor's family-office fund.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/grosvenor
• Instagraminstagram.com/thisisgrosvenor

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments57 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grosvenor Food & AgTech