Fund vehicle
Acumen Resilient Agriculture Fund II (ARAF II)
Acumen Resilient Agriculture Fund II (ARAF II) is an adaptation-focused blended-finance venture capital fund designed to enhance the climate resilience of smallholder farmers across Africa. As the successor to the original ARAF I, the fund invests in innovative, tech-enabled agribusinesses that provide "bundled solutions"—such as climate-resilient inputs, digital marketplaces, and financial services—to help farmers anticipate and recover from climate-related shocks. The fund is structured to demonstrate the commercial viability of climate adaptation in agriculture, targeting early- and early-growth-stage companies. By combining equity investments with a dedicated grant-funded Technical Assistance Facility (TAF), ARAF II aims to improve agricultural productivity, food security, and farmer livelihoods in underserved regions.
- Manager
- Acumen Capital Partners LLC, Acumen Inc.
- Vintage
- 2024
- Strategy
- Venture Capital
- Target size
- $132m
- Size
- $64.5m
- Status
- Closed
Disclosed limited partners
Sources
- Partner Researchers, accessed 14 November 2026