Ceres Partners

Ceres Partners is a specialist investment manager based in South Bend, Indiana, founded in 2007. The firm focuses exclusively on the food and agriculture sectors, managing two distinct investment vehicles. Ceres Farms concentrates on investing in farmland, while the Ceres Food & Agriculture Opportunity Fund targets growth equity investments in early to growth-stage companies within the same industry. As a Registered Investment Adviser (RIA), Ceres Partners is dedicated to fostering innovation and development in food and agriculture through its tailored investment strategies.

Richard Bodio Jr.

Managing Director, Private Equity

Andrew Howell

Director, Private Equity

Nathan Kaehler

Director, Acquisitions and Renewable Energy

Finley Merrill

Vice President, Private Equity

Hunt Stookey

Director of Research and Investment Strategy

3 past transactions

iUNU

Series B in 2022
IUNU, Inc. is an agricultural technology company based in Seattle, Washington, that specializes in developing an AI-driven computer vision platform for greenhouse management. Founded in 2013, IUNU offers a comprehensive SaaS-based solution known as LUNA, which monitors crop growth and provides growers with actionable insights to enhance production management. The platform connects plants, facilities, and personnel through a unified interface, enabling farmers to efficiently manage crop cycles and identify potential issues before they impact yield. By promoting accountability in growing practices, IUNU empowers clients to optimize their operations and improve overall productivity in commercial greenhouse environments.

Tortuga AgTech

Series A in 2021
Tortuga AgTech focuses on enhancing agricultural practices through innovative technology, primarily by using robots to perform labor-intensive tasks such as harvesting, packing, and trimming. The company aims to empower growers to produce unique, nutritious food while promoting environmental sustainability. By integrating advanced digital horticulture systems that utilize robotics, automation, and precision data analytics, Tortuga AgTech enables farmers to adopt more efficient growing methods that improve yields and reduce manual labor requirements. This approach not only helps growers compete with large-scale agriculture but also fosters the creation of full-time local technical jobs. Ultimately, Tortuga AgTech is dedicated to delivering fresher and healthier produce to communities, thereby contributing to a healthier society and a thriving ecosystem.
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