AgFunder SPV X Raises $362,176 In Agtech-Focused Private Offering
The San Francisco-based venture capital vehicle drew nine accredited investors into a pooled fund targeting the agriculture technology sector.
May 18, 2026
AgFunder SPV X, LP, a Delaware limited partnership formed in 2025, has completed a private offering of pooled investment fund interests, raising approximately $362,176 from nine accredited investors. The offering, which commenced with a first sale on April 8, 2026, was conducted under Rule 506(b) of Regulation D and Section 3(c)(1) of the Investment Company Act.
The vehicle is managed by AgFunder GP SPV I, LLC, which serves as the general partner and is based at 595 Pacific Avenue in San Francisco. Kirk Carson signed the notice as an authorized signatory.
A Targeted Agrifood Tech Vehicle
AgFunder is a well-known venture capital platform focused on agrifood technology, operating at the intersection of agriculture, food systems, and technology innovation. The SPV X designation suggests this is the tenth in a series of special purpose vehicles the firm has used to make targeted investments in the sector.
The offering was made exclusively to accredited investors, with no minimum investment threshold disclosed. No sales commissions or finders fees were paid in connection with the raise, and none of the gross proceeds were designated for payments to executive officers, directors, or promoters. Solicitation was conducted across all fifty states.
Fully Subscribed at Closing
The total offering amount matched the total amount sold at $362,176, indicating the raise was fully subscribed with no remaining capacity. The relatively modest size of the raise is consistent with an SPV structure designed to pool capital for a single investment or a small number of targeted positions, rather than a broadly diversified fund.
AgFunder’s Place in the Agrifood Ecosystem
AgFunder has established itself as one of the more active venture investors in agrifood technology, backing companies across precision agriculture, alternative proteins, supply chain technology, and farm management software. The firm also publishes widely cited annual reports on investment trends in the agrifood tech sector.
The offering did not involve a business combination transaction, and the issuer indicated it does not intend for the offering to last more than one year.
