American Robotics Raises Initial Seed Round
Boston, Massachusetts-based American Robotics announced it has raised $1.1 million through an initial seed round led by angel investors and including Brain Robotics Capital LLC – a fund that backs...
View ArticleStarGreen Capital to Invest $100M in Cannabis Supply Chain
U.S.-based investment firm StarGreen Capital announced its plans to invest $100 million within the next year in California’s legal medical and recreational cannabis supply chain. The firm plans to...
View ArticleCAVU Leads $19M Series B for Lifestyle-Based Food Company, Bulletproof 360
CAVU Venture Partners has led a Series B exceeding $19 million for Bulletproof 360 – a maker of high-performance foods and beverages. The company’s Bulletproof Coffee which mixes single-origin...
View ArticleJM Smucker Acquires Wesson Oil for $285M
Conagra Brands announced it has agreed to sell the iconic Wesson Oil brand to JM Smucker Company in an all-cash deal valued at $285 million. Under the terms of the deal, Conagra will continue to...
View ArticleSynlait Acquires The New Zealand Dairy Company in $56.5M Deal
Synlait, a large-scale dairy processor and producer of a range of dairy products including infant and adult nutritional formulas, functional food ingredients, and specialty products, announced it has...
View ArticleMitsui & Co. Acquires Top Seeds
Top Seeds 2010 has been officially acquired by Japanese trading house Mitsui & Co. as of May 1, 2017. Moving forward, the company will conduct business under the name, Top Seeds International....
View ArticleBIGR Leads $17M Series B for Cold Brew Coffee Leader
Austin-based High Brew Coffee – maker of natural, low-calorie, ready-to-drink, cold brew coffee beverages – announced it has successfully closed on a $17 million Series B led by Boulder Investment...
View ArticleConagra Approaches Pinnacle Foods for Takeover
Conagra Brands has approached packaged food giant, Pinnacle Foods Inc. with intent to initiate a takeover, sources have revealed to Reuters. If a deal between the two companies comes to pass, it might...
View ArticleNew $50 Million Investment Fund Targets Women-led African Agribusinesses
London-based Victus Global Capital and Bermuda-based Altree Capital are joining forces to launch a US$50 million investment fund that will target investments in women-led African agribusinesses. Led by...
View ArticleGladstone Land Makes Second Acquisition of 2017
Gladstone Land has announced that it has acquired four farms in southwest Arizona totaling 3,253 gross acres with 3,032 irrigated, of which a portion is certified organic for a total consideration of...
View ArticleAcquisition Expands Cargill’s Protein Business into Colombia
Cargill announced it has acquired Pollos El Bucanero SA – one of the leading chicken producers and meat processors in Colombia – for an undisclosed amount. This deal represents Cargill’s first foray...
View ArticleSwander Pace Relinquishes Kicking Horse Coffee to Italy’s Lavazza
Italian coffee giant Lavazza announced it has acquired an 80 percent stake in Kicking Horse Coffee, Canada’s top producer of organic and fair trade coffee, from private equity firm Swander Pace in a...
View ArticleBioMar Acquires Ecuadorian Shrimp Feed Company for US$121M
Denmark’s BioMar Group has acquired a 70 percent stake in South American shrimp feed company Alimentsa for DDK800 million (US$$121 million). The current owners will remain with the company as minority...
View ArticleMellinger’s Minutes: AgTech Trends – Asia
AgTech trends – I’ve been traveling the last two weeks meeting with agricultural stakeholders. Japanese agtech firms are proliferating to meet the demographic and productivity challenges of farming in...
View ArticleGladstone Land Makes First Acquisition in the Carolinas
Public real estate investment trust (REIT) Gladstone Land has acquired two contiguous organic farms totaling 310 acres in North Carolina for approximately $2.2 million – marking its second land deal...
View ArticleJBS Sells Mercosur Beef Operations to Minerva for $300M
Brazilian meatpacker JBS SA announced that it has signed an agreement to sell its beef operations in Argentina, Paraguay, and Uruguay to Pul Argentina SA, Frigomerc SA and Pulsa SA – two entities...
View ArticlePE Firms Turning Eye Toward Oats
Investing in oat-based food startups and companies is becoming a savvy strategic move for private equity. Not only are oats ranked seventh in global cereal production and span both the human food and...
View ArticleACAP Leads $12M Series B for Mission-Driven Seafood Company
Fishpeople Seafood, a Portland, Oregon-based company driven by the dual goals of providing sustainable and traceable seafood, announced that is has closed a $12 million Series B led by Advantage...
View ArticleThree Innovations Driving the Second Agtech Boom
By Michael Helmstetter, CEO, TechAccel The only constant is change. Yet, for decades now, the agriculture industry has been defying this principle by pursuing a course of unsustainable consolidation....
View ArticleHarvard Management Restructuring, Negotiating Sale of NZ Dairy Assets for $70M
Harvard University’s $36 billion endowment fund system is in the process of reorganizing its $4 billion natural resources portfolio according to the Wall Street Journal. The decision comes after...
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