Acumen’s ARAF II secures $90m in capital commitments
Swedfund’s $12m commitment forms part of the financing for the follow-on agriculture fund.
Acumen announced $90 million in additional capital commitments for its agriculture investment platform on 16 July 2026. Investor disclosures identify the follow-on vehicle as Acumen Resilient Agriculture Fund II.
Backers include Green Climate Fund, FMO, Proparco, Swedfund, BIO and FASA, alongside an unnamed family office. Swedfund disclosed a $12 million commitment on 27 July.
The fund supports food and agriculture businesses that help African smallholder farmers adapt to climate change, extending investment into North Africa.
Use of funds
Invest in climate-resilient African agribusinesses