Investors hoping to sow farming advances (Ag Tech Fund)
A Boston investment group plans to raise $200 million to put into young companies involved in areas ranging from seed engineering to fertilizer and soil nanotechnology.
Peak Ridge Capital will run its AgTech Fund LP out of its Madison office, said Jason Smith, Madison-based president of Peak Ridge Capital.
The fund had an initial closing last week for an undisclosed amount and hopes to raise a $200 million by its final closing in 2009, Smith said.