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              <div class="section-caption-text" style="position:relative;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>2026 is off to a great start in the Serra portfolios. With an improving macroeconomic environment and healthier M&amp;A outlook, we are optimistic about the months ahead. While the last few years have been challenging for the venture category, we believe that the tide is turning. We are looking forward to the opportunities that this year will bring. Thanks for being along for the ride! Please enjoy the latest news snapshot.</strong></p></div>
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              <div class="section-caption-text" style="position:relative;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>Throughout the last few years, Serra has had an opportunity to bring on interns to assist not only the team at Serra, but to demonstrate our commitment to student development, especially at the University of Illinois. Rory Simon, Serra’s most recent intern, just received recognition as an Outstanding Senior Consultant of the Fall 2025 semester at </strong><a href="https://www.linkedin.com/company/illinois-business-consulting/" target="_self" rel="nofollow noopener noreferrer" style="color:#fefdfc !important;"><strong>Illinois Business Consulting</strong></a><strong>. </strong></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>“Leading teams through ambiguous problems and high-stakes deliverables has been one of the most rewarding experiences of my time at the University of Illinois,” commented Rory.  “I've learned that the best consulting work happens when you empower smart people, trust their expertise, and create space for creative problem-solving.”</strong></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>Rory plans to join the Chicago BMO office in the Fall of 2026. Congratulations Rory!</strong></p></div>
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              <div class="section-caption-text" style="position:relative;"><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-top:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>One of Serra’s investments in the Serra Ag &amp; Food Tech Fund II is Volur, the Norwegian company that is using an AI platform to help meat processors optimize sorting, scheduling, and planning. Their CEO, Anna Turvoll, recently published an interesting article on how the company is making the meat industry more “green.” Read below an excerpt from “The Paradox of Profit: How AI is Making Meat Processing Greener by Making it Richer” by Anna Turvoll.</strong></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><em><strong>The meat processing industry has long operated on the principles of volume and efficiency. It’s a centuries-old business defined by tight profit margins, complex logistics, and the constant challenge of minimizing waste. In this high-steaks ;-) environment, where every decision impacts the bottom line, it’s easy to assume that the path to innovation is gradual and incremental. However, a quiet revolution is underway, driven not by new machinery on the factory floor, but by artificial intelligence in the planning office. This technological shift proves the most profitable decision can also be the most sustainable one, leading to outcomes that benefit not just company profits, but the planet as well. This article explores the most impactful and counter-intuitive results of this transformation, drawing on data from Völur's AI platform. The findings reveal a new paradigm where operational precision unlocks hidden value, enhances sustainability, and redefines what’s possible in one of the world's most foundational industries.</strong></em></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><em><strong>You Can Boost Sustainability by Optimizing for Profit</strong></em></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><em><strong>The idea that profitability and environmental sustainability are competing goals is a long-held assumption. In meat processing, however, AI is proving the opposite is true. By using AI to optimize for the maximum value of every single carcass, processors can meet market demand more efficiently, which has a direct and significant positive impact on their environmental footprint. The data reveals a powerful connection: this reduction translates directly into substantial environmental savings, with an absolute reduction of 25,000 tonnes of CO₂ and a 5–10% lower CO₂ per tonne produced. To put the absolute savings in perspective, the impact is: Like cutting the emissions of 10,000 transatlantic flights. This outcome challenges conventional thinking, demonstrating that the smartest financial decision—extracting the maximum value from existing resources—is also one of the most effective strategies for sustainability.</strong></em></p><p class="" style="font-size:.9375em;line-height:1.618em;margin:0 0 1.25em 0;font-weight:normal;margin-bottom:0;font-family:'DejaVu Sans Condensed', 'Liberation Sans', 'Nimbus Sans L', 'Helvetica Neue', Helvetica, Arial, sans-serif;color:#fff;"><strong>Follow</strong> <a href="https://www.linkedin.com/pulse/paradox-profit-how-ai-making-meat-processing-greener-anna-w2hbe/?trackingId=sgNBK8tYQqG4D6jy%2ByERMw%3D%3D" rel="nofollow" style="color:#fefdfc !important;"><strong>here</strong></a><strong> to read the remainder of this article.</strong></p></div>
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