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magna cum laude in Economics from Harvard, a master’s degree in Management from Oxford, and a J.D. Koh chairs the Global Adaptation & Resilience Investment Working Group (GARI) and is on the board of NYSERDA and the advisory committee of the NY Green Bank. government’s $20 billion development finance institution. The Adaptation SME Accelerator Program (ASAP) aims to enhance the availability and uptake of climate adaptation solutions by. Koh also served as Head of Investment Funds & Chief Investment Strategist at OPIC (now the US Development Finance Corporation), U.S. Koh held senior investment roles at Siguler Guff, R3 Capital Partners, and The Carlyle Group.
#Lightsmith group series#
Prior to founding Lightsmith in 2016, Mr. NY-based PE Lightsmith Group led a USD60m round for Solinftec, a Brazil- and US-based farm analytics and operations management platform, with follow-on from Unbox Capital and Circularis Partners.Unbox Capital led a USD40m Series B in February 2020 Agfunder and TPG invested previously. Koh has over 20 years of experience in private equity and sustainable investment. Lightsmith is investing a global growth equity fund into companies with technologies and solutions that can help manage the impacts of climate change in areas like agricultural analytics, supply chain analytics, catastrophe risk modeling and weather analytics, digital mapping and geospatial information, resilient food systems, and water harvesting and management. Additional undisclosed investors are also participating in the round.The Lightsmith Group is the first private equity firm to focus on investing in resilience to climate change. Existing investor Unbox Capital also participated in the round. Investors have said changes in how people think about food and advances in technologies-like sensors and wifi-have led to more money flowing into the agtech sector.įounded in 2007, Solinftec had raised nearly $87 million before this latest round. Investing in market-leading, scalable growth-stage businesses, whose technologies, products and services help to assess and manage the effects of climate change. The biggest round this year to date was raised by South San Francisco, California-based vertical farming startup Plenty-which closed a $400 million Series E.
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Thus far this year, investment is at nearly $1.6 billion-less than last year’s pace, but overall another strong performance.
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However, in 2020 funding jumped and in 2021 it hit nearly $5.7 billion. Sustainable private equity firm Lightsmith Group announced the final close of Lightsmith Climate Resilience Partners SCSp RAIF the first private equity fund of its kind focused on climate resilience and adaptation with 186 million in capital.
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Until 2020, the sector had never reached the $2 billion investment threshold in any year, according to Crunchbase data. By Lynda Kiernan-Stone, Global AgInvesting Media. The company will use the new infusion of cash to further expand in both North America and South America.Īgtech has become a darling sector among investors after seemingly being an afterthought for years. The system allows customers to schedule and plan their farming operations and to make adjustments.
#Lightsmith group software#
The company uses sensors and AI-powered software to provide customers with real-time, in-field data on crops, equipment, weather conditions and more. We specialize in crafting unique tools to light your event, and offer you looks you would be hard pressed to find elsewhere. We offer custom lighting and scenic design elements for private events. Solinftec’s digital farm operating system helps manage more than 27 million acres in Brazil, the US and across Latin America. LightSmiths provides boutique wedding and event lighting services to the greater Seattle, WA area. The company-with dual headquarters in both São Paulo, Brazil and West Lafayette, Indiana-raised a $60 million growth round led by the Lightsmith Group. 07814293 Our EventsĪfter a record year of funding in 2021, Solinftec is the latest agtech startup to lock down a sizable round this year. Our goal is to promote diversity and inclusion, with particular effort to phase out all-male speaker panels to ensure balanced representation and promotion of women in technology and business.įor more information about Rethink, visit Įmail: Registered in England & Wales No. We are committed to providing the world-leading platforms for knowledge-sharing, debate and networking for business leaders, featuring the leading experts and gamechangers from across the global ecosystem. Through our global network of industry advisors, we produce highly-focused, topical summits which gather all the right people together in one room to share ideas, find solutions and identify new business opportunities. Rethink summits are created by experts in the agri-food, water, and waste tech industries to address the issues most crucial to investors and developers in these sectors.