Finland, Sept. 10 -- The European Investment Fund (EIF) is committing up to €30 million to a Finnish venture capital fund that promotes early-stage agrifood technology companies. The EIF backing for the Finnish fund - called Nordic Foodtech VC (NFT.VC Fund II) - will bolster research in more sustainable and resilient food production system.Helsinki-based Nordic Foodtech VC has a target size of €80 million and plans to invest in around 30 companies mainly in Northern Europe. It will also pursue opportunities elsewhere in Europe.The fund reached a first closing of €40 million in April 2025 and the pledge by the EIF, which is part of the European Investment Bank (EIB) Group, will help attract more private investors and takes ...