Future Positive Capital

Future Positive Capital has raised $57.1 million for its new fund. The initial target was $55 million. The backers include Bpifrance, Draper Esprit, the European Investment Fund and Isomer Capital. The Paris and London-based firm "backs companies that use advances in artificial intelligence, synthetic biology, genetics, and other deep technologies to solve the world's most pressing challenges such as sustainably feeding the world’s growing population, combating climate change and serving the ageing population."

Future Positive Capital has raised $57.1 million toward a $112 million initial venture-capital fund, according to a filing with the SEC.

Meatable, a cell-based meat startup, has secured $3.5 million in funding. BlueYard Capital led the round with participation from Atlantic Food Labs and Future Positive Capital.

Insect-breeding company Ynsect has secured $15.2 million in Series B funding. Future Positive Capital, Quadia SA and Bpifrance Ecotechnologies led the round with participation from return backers Emertec, Demeter, Vis Vires New Protein Capital and Business Angels. Alantra advised Ynsect on the transaction.

Cowboy, an electric bike designer, has raised $80 million in Series C funding.