Wellness Giant Otsuka Acquires Plant-Based Food Producer for $325M
Global healthcare and wellness group Otsuka Pharmaceuticals has agreed to acquire Canadian plant-based food innovator and producer, Daiya Foods, for an impressive C$405M (US$325.5 million.) Otsuka...
View ArticleSouth Africa’s TerraSan Group to Acquire Pelagic Business; Expand in Aquaculture
South African-based pelagic, aquaculture, and natural foods business, TerraSan is soon to close on the acquisition of canned fish company Saldanha Group and is investing in a strategic expansion in the...
View ArticleCanadian PE Firm Acquires Riverside Lobster, Creates US$140M Giant
Montreal-based Champlain Financial has acquired Riverside Lobster International for an undisclosed amount. Moving forward the firm plans to merge the company with its existing portfolio company...
View ArticleWamda Capital Leads $10.3M Series A for Kenya’s Twiga Foods
Wamda Capital has led a $10.3 million Series A for Kenya-based Twiga Foods – a disruptor of the food and ag supply chain that was launched with the goal of resolving the fragmentation in the produce...
View ArticleTemasek Leads $75M Round for Impossible Foods’ Plant-Based Burgers
Redwood City, California-based Impossible Foods announced it has raised $75 million in a round led by Singapore’s sovereign wealth fund, Temasek, and including Open Philanthropy Project, Bill Gates,...
View ArticleVMG Closes Fund IV at $550M
VMG Partners has closed their fourth fund – VMG Partners Fund IV – at $550 million, with another $150 million available through a flex-up vehicle. The capital will be allocated for investments in...
View ArticleKAI to Develop Another 3,086 Ha for Annual, Permanent Crops
China’s Kimberly Agricultural Investment (KAI), the backer behind the Western Australian Ord Irrigation Scheme, has submitted plans to Australia’s Environmental Protection Authority (EPA) for the...
View ArticleTerraVia Declares Bankruptcy, Corbion Makes $20M ‘Stalking Horse’ Bid
TerraVia, a pioneering producer and developer of algae-based ingredients, has filed for bankruptcy under Chapter 11, and has agreed to a buyout by Corbion, a Dutch ingredients and bio-based product...
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Agriculture in Panama – The Investment Landscape and Opportunities
by Michael DeSa, CEO/Founder, AGD Consulting Panama is one of the fastest growing economies in Latin America. Foreign investments in Panama amount to nearly 9 percent of the country’s GDP, which is the...
View ArticleMexichem Takes 80 Percent Stake in Israeli Irrigation firm Netafim
In a deal valued at approximately $1.5B, Mexican industrial group Mexichem has agreed to buy an 80 percent stake in Israeli irrigation firm Netafim. Mexichem is acquiring the majority stake currently...
View ArticleCrop Pro Insurance Closes $8 Million Series A
Des Moines, Iowa-based Crop Pro Insurance has announced the close of an $8 million Series A round of financing co-led by top agriculture investors Finistere Ventures and Seed 2 Growth Ventures (S2G)....
View ArticlePublic-Private Partnership Looks to Grow Ag Processing Sector in Kentucky
The Department of Agriculture in the U.S. state of Kentucky is engaging with public and private partners to grow its processor, manufacturer, and other agribusinesses sector. Agriculture is a US$46B...
View ArticleGladstone Land Acquires Vegetable Farm in Florida for $9.7 Million
Gladstone Land Corporation announced that it has acquired a 1,910-acre farm in Okeechobee, Florida, for $9.7 million. Upon acquisition, Gladstone Land entered into a 6-year lease agreement with...
View ArticleRabobank Releases Report on Sugar Consumption Trends
Rabobank has released a report chronicling changing global attitudes towards sugar. The report, Sweetness and Lite: How Vulnerable is Global Sugar Consumption to Food & Beverage Trends? is...
View ArticleUkraine Turns to Internet to Boost Agribusiness
With the help of the U.S. Agency for International Development (USAID), the Ukrainian Agrarian Policy and Food Ministry will be launching a web portal to connect players all along the ag value chain in...
View ArticleThe Next Step in Controlled-Environment Agriculture Automation
Indoor farmers will have new options for automation after Agrilyst, which provides farm management and automation software for indoor farms, and controls hardware and software for hydroponic and...
View ArticleDupont Acquires Farm Management Software Granular
Various outlets are reporting that Dupont Pioneer has acquired farm management software platform startup Granular. Terms have not been officially disclosed, however AgFunder is reporting a value of...
View ArticleU.S. Frozen Food Giant Makes Significant Investment in Shrimp Farming
U.S. frozen food giant Schwan’s Company has made a significant undisclosed investment in Ralco-backed trū Shrimp Systems. Through the investment, the companies have formed a strategic partnership...
View ArticleHarvest Returns is Launching New Ag Investment Platform
Fort Worth, Texas-based fintech company Harvest Returns has announced the launch of a new agriculture investment platform. Founded in 2016 by military veterans, Chris Rawley and Austin Maness, Harvest...
View ArticleIndian Supply Chain Management Startup Raises $1.5M Seed Round
Indian agtech farm-to-business (F2B) startup Crofarm raised a Rs 10 cr (US$1.5 million) seed round that included U.S.-based Factor[e] Ventures, Mukul Singhal and Rohit Jain, former principals at SAIF...
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