Pontifax Exits Precision Ag Company Blue River Through $305M Deal with John...
The Pontifax Global Food and Agriculture Technology Fund announced its highly successful first exit through the sale of portfolio company Blue River Technology to John Deere in a deal valued at $305...
View ArticleNestle USA Enters Plant-Based Segment with Acquisition of Sweet Earth
In response to shifting consumer trends, Nestlé, the largest food company in the world, has secured a significant presence in the plant-based food sector through the acquisition of Sweet Earth – a...
View ArticleInnovative Financing Vehicle to Transform Ag Across Africa
The Bill and Melinda Gates Foundation, The Rockefeller Foundation, and the U.S. Agency for International Development (USAID) have joined forces to launch the US$280 million Partnership for Inclusive...
View ArticleIsraeli Insect Protein Startup Chosen for IKEA’s Inaugural Accelerator
Flying SpArk, an Israel-based producer of insect protein for human consumption derived from the Mediterranean fruit fly, has been selected as one of 10 startups for IKEA’s inaugural accelerator, IKEA...
View ArticleGladstone Land Acquires Organic Permanent Crop Farm for $9.5M
Real Estate Investment Trust (REIT) Gladstone Land is amidst an undeniable acquisitive streak, announcing the company’s acquisition of a 746-acre organic permanent crop farm in Walla Walla, Washington,...
View ArticleAustralia’s Norman Farming Selling $100M Aggregations
Australia’s Norman Farming is selling its Kalanga and Mobandilla aggregations in southern Queensland with expectations that sale proceeds will exceed $100 million. Located in the Border Rivers region,...
View ArticlePershing Square Exiting Nomad Foods Via $470M Offering
Pershing Square Capital Management, the hedge fund headed by billionaire investor William Ackman, announced it plans to exit Nomad Foods – the frozen food maker of Bird’s Eye branded foods and Iglo...
View ArticleBunge Expands Value-Added Edible Oils Business with $946B Acquisition
Bunge Ltd. announced it has agreed to acquire a 70 percent majority stake in IOI Loders Croklaan (Loders) – a manufacturer of palm and tropical oil products – from IOI Corporation Berhad (IOI) for $946...
View ArticleUnigrains Makes First Investment from Iberian Capital Fund
Agribusiness-focused investor Unigrains has made its first investment through its €20 million (US$24 million) Iberian Capital Fund, advised by MCH Private Equity. Unigrains manages approximately $1...
View ArticleSparkLabs Launching Australia’s Second Agtech Accelerator
SparkLabs Group, one of the top accelerator groups in Asia, announced it is partnering with the New South Wales Department of Primary Industries to launch SparkLabs Cultiv8, a $10 million agtech...
View ArticleBayer, Ginkgo Bioworks Partner in New Agtech Company; Announce $100M Series A
Bayer and Boston-based bioagtech company, Ginkgo Bioworks, announced their partnership to create a new agtech company that will focus on the potential within beneficial biological-based microbes to...
View ArticleUpdate: Food Tech Company MycoTechnology Raises $34.9M
Updated to include revealed investors, final closing amount, and company plans Colorado-based food tech startup MycoTechnology has raised a $35 million Series B, co-led by S2G, Bunge Ventures, and...
View ArticleCITIC, Beijing Capital Acquire World’s Top Breeder of Peking Ducks
China’s CITIC Agri Fund Management and Beijing Capital Agribusiness Co. have acquired UK-based Cherry Valley Farms (CVF), the world’s top breeder and supplier of Pekin ducks, from Malaysia-based Navis...
View ArticleNestlé Diversifies Further into High End Speciality Coffee in $425M Deal
Nestlé continues to diversify its business portfolio having agreed to acquire a 68 percent stake in specialty California-based coffee roaster and retail giant, Blue Bottle Coffee for approximately $425...
View ArticleMandala Capital Invests $25M in Keventer Agro
Singapore-based Mandala Capital has invested Rs 160-170 cr (US$25 million) in exchange for a 15 percent stake in Keventer Agro – a major presence in the food processing, dairy, and beverage sectors in...
View ArticleDouxMatok Announces $8.1M in Funding to Commercial Sugar Reduction Technology
Israel-based DouxMatok, a developer of flavor delivery technologies, announced the successful raising of $8.1 million led by Israel’s largest venture capital fund, Pitango, and including existing...
View ArticlePipeline Foods Expands Organic and Non-GMO Supply Chain; Acquires Canadian...
GAI News first reported on the birth of Pipeline Foods in February of this year, when AMERRA Capital Management and Pipeline Opportunity Partners announced their partnership to launch the company,...
View ArticleS2G Ventures Announced $180M Close on Fund II; Expands Team
Multi-stage food and agriculture-focused venture firm S2G Ventures announced a $180 million close on its second fund, and the addition of Aaron Rudberg to the team in the role of managing director and...
View ArticleHollywood Director James Cameron Launches Verdient Foods
Hollywood director James Cameron and his wife, Suzy Amis Cameron, announced the formation and launch of Verdient Foods – the largest organic pea protein facility in North America. Cameron declined to...
View ArticleAgrible Raises $9.7M, Partners with AB InBev
Predictive analytics agtech startup Agrible has raised $9.7 million toward a $15.7 million Series B, and has announced a new global partnership with Anheuser-Busch InBev (AB InBev). The $6 million...
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