About Rabo Frontier Ventures
Rabo Frontier Ventures is a venture capital firm founded in 2018. It is primarily based out of Utrecht, Netherlands. As of Jun 2022, Rabo Frontier Ventures has invested in 19 companies. It primarily invests in Seed round in Netherlands based startups. Its investments are spread across a wide range of sectors from FinTech to Food and Agriculture Tech and Enterprise Applications. Most recently it participated in the $***** Series B round of BioLumic Overall, Rabo Frontier Ventures portfolio has seen 1 unicorn and 4 acquisitions including key companies like Tide, Ageras and Trussle. A lot of funds co-invest with Rabo Frontier Ventures, with names like SBI Investment sharing a substantial percentage of its portfolio. Rabo Frontier Ventures has team of 5 people.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Seed & 2 more
Portfolio Unicorns
Portfolio Soonicorns
Rabo Frontier Ventures' List of Top Investments
Rabo Frontier Ventures has a portfolio of 19 companies, one of which is a Unicorn. Their most notable investments are in Candis and Trussle.Their portfolio spans across Netherlands, United Kingdom, United States and 5 more locations. They have invested in FinTech, Food and Agriculture Tech, Enterprise Applications and 6 other sectors, across stages such as Series B, Seed and 2 more. Here is the list of top investments by Rabo Frontier Ventures:
1. Tide
Digital business banking platform. It provides entrepreneurs, freelancers, and small companies with a digital business account and a suite of financial tools. It enables users to manage payments, issue invoices, track expenses, and access bookkeeping and tax filing features designed to support compliance with local regulations such as Making Tax Digital. It also offers additional services including business loans, payroll tools, card readers, savings accounts, and company registration support, aiming to simplify day-to-day financial operations and reduce administrative overhead for small businesses.
Key facts about Tide
- Founded Year: 2015
- Location: London (United Kingdom)
- Annual Revenue: £100M - £500M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $181M
- Employee Count: 3,308 as on May 31, 2026
- Investors: Apax, TriplePoint Capital and 43 Others
- Latest Funding Round: Series C, Sep 22, 2025, $*****
- Highlight: Editors' Pick
2. Agrostar
AgriTech company empowering Indian farmers with technology, data, and expert guidance. It builds a connected ecosystem that empowers farmers through technology and expert guidance. The company provides farm advisory services, agri inputs, omnichannel access, and market linkages. It offers a platform that bridges every step of the agricultural value chain, making farming more efficient, profitable, and sustainable. The company provides real-time, personalized, and scientific advisory at scale, powered by technology. It also offers a portfolio of high-quality sustainable farm inputs, enabling farmers to increase their yields and income. The company connects Indian farmers to global retail chains, helping them improve their livelihood. It is a B2B and B2C company with a social impact.
Key facts about Agrostar
- Founded Year: 2013
- Location: Pune (India)
- Annual Revenue: ₹500 - ₹1,000 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $186M
- Employee Count: 1,456 as on Jun 30, 2025
- Investors: Accel, Evolvence India and 29 Others
- Latest Funding Round: Series E, Jul 30, 2025, $*****
- Highlight: Editors' Pick
3. KOMGO
Blockchain-based loan management solutions for trade finance. It offers solutions such as Konsole for authenticated messaging, Market for processing transactional data, Check for onboarding, trakk for keeping track of invoices, contracts, guarantees, warranties, and more. It provides a risk-based trading environment.
Key facts about KOMGO
- Founded Year: 2018
- Location: Geneva (Switzerland)
- Stage: Series C
- Total Funding till date: $28.9M
- Employee Count: 103 as on May 31, 2026
- Investors: Societe Generale, ING Ventures and 8 Others
- Latest Funding Round: Series C, Sep 04, 2023, $*****
- Highlight: Editors' Pick
4. Ageras
Provider of financial management tools for small businesses and freelancers. It offers expense tracking, invoicing, and tax filing solutions. The platform provides automated expense categorization, payment tracking, and invoice management. It also offers support from experts for bookkeeping and value-added tax.
Key facts about Ageras
- Founded Year: 2012
- Location: Philadelphia (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $233M
- Employee Count: 51 - 200 as on Jul 01, 2024
- Investors: Canadian Imperial Bank of Commerce, Luxor Capital Group and 10 Others
- Latest Funding Round: Series D, Apr 30, 2024, $*****
- Highlight: Acquired
5. BioLumic
Programming plant growth, vigour, and yields with UV light technology. The company delivers ultraviolet light to seeds and seedlings, triggering biological mechanisms that enhance plant characteristics. This world-first technology is clean, green, and GM-free, offering a sustainable approach to agriculture. The company focuses on photobiology, engineering, and data science to maximize the power of UV light for crop enhancement. They aim to increase yields sustainably, working with plant scientists, agronomists, and engineers to develop innovative solutions for row crops, dairy, and forage applications. The company's technology represents a breakthrough in agricultural science, offering a novel method for improving plant traits and promoting sustainable farming practices. This is a B2B, AgTech company with a social impact.
Key facts about BioLumic
- Founded Year: 2012
- Location: Palmerston North (New Zealand)
- Stage: Series B
- Total Funding till date: $26.4M
- Employee Count: 36 as on May 31, 2026
- Investors: Rabo Investments, Virtu and 19 Others
- Latest Funding Round: Series B, Mar 08, 2024, $*****
- Highlight: Editors' Pick
Rabo Frontier Ventures' Year-on-Year Investment Trends
Rabo Frontier Ventures has invested in 19 companies over the last 8 years, with an average of 0 new investment annually in the last 5 years. Its most recent first time investment was in BioLumic and most recent follow-on round was in Agrostar.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 1 | 2 |
2021 | 1 | 2 | 3 |
2020 | 3 | 0 | 3 |
2019 | 3 | 0 | 3 |
2018 | 5 | 0 | 5 |
Rabo Frontier Ventures' Investments by Stage
Rabo Frontier Ventures has made 5 investments in Series B stage with an average round size of $19.9M, 4 investments in Seed stage, 2 investments in Series A stage with an average round size of $5M and 2 investments in Series C stage with an average round size of $20.4M.Stage of entry | No. of Investments |
|---|---|
Series B | 5 |
Seed | 4 |
Series A | 2 |
Series C | 2 |
Note: We have considered here, only first round of investments
Rabo Frontier Ventures' Investments by Sector
Rabo Frontier Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Food and Agriculture Tech, Consumer and Financial Services. Notably, it has invested in 17 Tech companies, 16 Enterprise (B2B) companies, 11 Software companies and at least 6 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 8 |
FinTech | 8 |
Food and Agriculture Tech | 5 |
Consumer | 4 |
Financial Services | 3 |
Others | 7 |
Note: We have considered here, only first round of investments
Rabo Frontier Ventures' Investments by Geography
Rabo Frontier Ventures has made most investments in Netherlands (3), followed by United Kingdom where it has made 3 investments.Country | No. of Investments |
|---|---|
Netherlands | 3 |
United Kingdom | 3 |
United States | 3 |
Germany | 1 |
India | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Rabo Frontier Ventures' recent investments
Rabo Frontier Ventures has not made any investment in 2026 so far.Here are the most recent investments by Rabo Frontier Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 21, 2022 | New Zealand | Series B | 1279 | [+12] | |
May 13, 2022 | India | Series E | 3493 | [+9] | |
Oct 07, 2021 | India | Series D | 5765 | [+11] | |
Jul 07, 2021 | United States | Series A | 5247 | [+2] | |
Mar 09, 2021 | United Kingdom | Series A | 4454 | [+4] |
Unicorns in Rabo Frontier Ventures' Portfolio
Rabo Frontier Ventures has 1 unicorn in its portfolio - Tide. The most recent unicorn in their portfolio is Tide which became a unicorn in 2025, 5 years after Rabo Frontier Ventures first invested in it.Here is a list of unicorns in Rabo Frontier Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
83 | Digital business banking platform | 2015 | London | Series C | {wrygpw |
Acquired companies in Rabo Frontier Ventures' Portfolio
4 companies from Rabo Frontier Ventures' portfolio have been acquired. The most recent acquisition was Payconiq in Apr 2023 by EPI for $*****.Here are Rabo Frontier Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 25, 2023 | - | - | 6366 | |
Jul 12, 2021 | Jan 20, 2020 | Series C | 9963 | |
Dec 04, 2018 | - | - | 7329 | |
Mar 15, 2017 | Jun 26, 2020 | Series B | 9491 |
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Team profile of Rabo Frontier Ventures
Rabo Frontier Ventures has a team of 5 members located in Netherlands. Rabo Frontier Ventures' team does not sit on the board of any company as of now.Co-investors of Rabo Frontier Ventures
Over the past 8 years, 133 investors have co-invested in Rabo Frontier Ventures's portfolio companies. This includes funds and angels.
- Invested before Rabo Frontier Ventures: Speedinvest, LocalGlobe and 60 others have invested in rounds before Rabo Frontier Ventures. There are 3 companies where Speedinvest has invested before Rabo Frontier Ventures and 2 companies where LocalGlobe has invested before Rabo Frontier Ventures.
- Top Co-investors of Rabo Frontier Ventures: 25 investors entered a company along with Rabo Frontier Ventures. These include investors like SBI Investment (1 company).
- Invested after Rabo Frontier Ventures: A total of 46 investors have invested in Rabo Frontier Ventures's portfolio after their investments. Top Investors include IFC (2 companies), Apax (1 company) and SBI (1 company).
Recent News related to Rabo Frontier Ventures
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ArkeaBio: $26.5 Million Raised To Develop Vaccine For Reducing Livestock Methane EmissionsPulse 2.0•May 14, 2024•The51, Overview, Rabo Frontier Ventures, AgriZero and 6 others
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Saga Robotics Raises $11.5M to Expand AI-Powered Farming Robotsigrownews.com•Jan 31, 2024•Saga Robotics, MP Pensjon, Blystad, Rabo Investments and 6 others
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Ageras secures €35m for acquisitionsFinextra•Aug 11, 2022•Ageras, Canadian Imperial Bank of Commerce, Ageras Group, Investcorp and 2 others
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BioLumic Raises $13.5M in Series B FinancingFinSMEs•Jun 27, 2022•BioLumic, Finistere Ventures, Icehouse Ventures, Rabo Frontier Ventures and 10 others
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HPE Growth adds two to investment teamPrivate Equity Wire•Apr 19, 2022•HPE Growth, JPMorgan Chase, Rabo Frontier Ventures
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AgroStar Raises $70M In Its Series D Funding RoundRabo Frontier Ventures•Dec 07, 2021•Agrostar, Evolvence, Schroders Capital, Hero Corp and 9 others
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Peaks raises €5 million on Rabobank exitFinextra•Sep 14, 2021•Peaks, Haerlem, Rithmeester Park, Rabo Frontier Ventures
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Fintech SurePay, a Rabobank Spin Off, Secures €12.2M via Round led by Connected CapitalCrowdfund Insider•Sep 05, 2021•Connected Capital, Iris Capital, Rabo Frontier Ventures, and 1 other
