Benson Hill, a 39 North food tech company unlocking the natural genetic diversity of plants with its cutting-edge food innovation engine to create healthier, great-tasting and sustainable food and ingredient options, has been chosen as the first investment of a three-year, $125 million co-investment partnership to advance climate solutions, formed by Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures (S2G).
Through the co-investment partnership, CDPQ, a global investment group, and S2G, a leading multi-stage investment firm, are investing behind innovative companies developing concrete sustainability and climate-friendly solutions in the food and agriculture sector. CDPQ and S2G participated in Benson Hill’s recently announced $150 million Series D funding round, which also included other strategic and environmental, social and governance (ESG) focused investors.
“Benson Hill’s mission, focused on improving the sustainability and efficiency of the global agriculture and food supply chain, is aligned with CDPQ’s conviction that performance and progress go hand in hand,” said Mario Therrien, Head of Investment Funds and External Management at CDPQ. “As a company with deep technology expertise across the food and agriculture value chain, Benson Hill is well equipped to deliver more sustainable options to consumers while helping reduce the agri-food industry’s carbon footprint. We are delighted to support its growth while delivering returns for our clients.” READ MORE