Investee Mad Capital, a financing company that provides capital “that invigorates the imagination [of farmers], liberates them from the industrial shackles of debt obligations and enables the transition to regenerative organic agriculture,” recently launched the $50mm Perennial Fund II (PFII) with stellar cornerstone investors such as the Rockefeller Foundation, Builders Vision, the Schmidt Family Foundation, and others, bringing $16mm total to the fund. Perennial Fund II is actively deploying this onto regenerative organic farms across the US, and to date, Mad Capital has financed over 100,097 acres of land, with 18,425 transitioning to organic.
The need to scale up regenerative organic farming is at an all-time high, starkly contrasted against the backdrop of the industry’s extractive and harmful agricultural practices. Current farming and land use practices neglect to harness nature’s innate wisdom to promote sustainable, healthy biodiversity, making funds like PFII so critical to combating climate change in a sustainable, holistic way. With only 1% of agricultural land in the United States being certified organic, widespread misinformation and lack of education about organic farming make those interested in transitioning to organic more difficult, as traditional lenders perceive the move as higher risk. Still, as unconventional capital partners like Mad Capital step in to fill this access gap, the data being captured will help disprove misconceptions about investing in regenerative farming and encourage others to join the movement.
To learn more about everything Mad Capital and its sister organization, Mad Agriculture, are doing to “catalyze a revolution in agriculture at the global scale,” visit www.madcapital.org or watch the video below.