Ceres Partners, Sprott to Launch New North American Farmland Investment Fund
Ceres Partners has joined with Sprott, a Toronto-based alternative asset manager, to launch the Ceres-Sprott Institutional Farmland Fund. Through the vehicle, the partners are looking to provide...
View ArticleHancock Prospecting Acquires Willeroo Station, Names New Head of Ag Division
Gina Rinehart’s Hancock Prospecting has confirmed the acquisition of the 171,000-hectare Willeroo Station in the Northern Territory of Australia for an undisclosed sum. Located about 100 kilometers...
View ArticlePontifax AgTech Announces $105M Close for Food and Ag Tech Fund
Pontifax AgTech Management announced the successful close of its first fund – Pontifax Global Food and Agriculture Technology Fund – at $105 million. Founded in Santa Monica, California, in 2014,...
View ArticleSelect Harvests Rejects UAE Takeover Bid, Raising A$65M Via Share Sale
Australian almond grower Select Harvests has rejected a takeover bid of A$430.6 million (US$334 million) presented by the United Arab Emirates sovereign wealth fund, Mubadala Investment Company. The...
View ArticleCAVU Partners Invests $10M in Organic Chickpea Snack Startup
Chickpeas appear to be the recent golden child of the better-for-you snack category. HIPPEAS, a producer of certified organic extruded chickpea puff snacks, announced it has secured a $10 million...
View ArticleGoldman Sachs Makes Sweet US$30M Investment in South Korean Bakery...
Goldman Sach’s Asian private equity arm has invested US$30 million in exchange for a minority 20 percent holding in South Korea-based Sun-in, a producer and distributor of ingredients supplying...
View ArticleBASF Acquires Majority of Bayer Seed and Herbicide Business in $7B Deal
As part of its planned acquisition of Monsanto, Bayer has agreed to divest significant portions of its seed and non-selective herbicide business to BASF in a US$7B all-cash deal. This deal marks the...
View ArticleKellogg Spends $600M to Acquire Better-for-You Protein Bar Maker
Kellogg Company continues to rail against flagging sales and shifts in consumer demand by spending large amounts of capital to diversify its business interests into categories that align with...
View ArticleEBRD Acquires 13 Percent Stake in Romanian Agribusiness
The European Bank for Reconstruction and Development (EBRD) announced it has acquired a 13 percent stake in Agricover Holding – a Romanian agribusiness owned by Iranian investor Jabbar Kanani for RON...
View ArticleVerlinvest Leads $6M Series C for Veeba Foods
Leading Indian condiments company Veeba Foods has successfully raised a $6 million Series C led by Verlinvest, the investment holding company of Anheuser-Busch InBev’s founders. The round also included...
View ArticleEx-Tesla Exec Joins Vertical Farming Startup Plenty
Kurt Kelty, the former director of battery technology for Tesla, has joined vertical farming startup Plenty Inc. as the senior vice president of operations and market development. After being with...
View ArticleWith BFG Backing, Caulipower Grows U.S. Retail Presence
Boulder Food Group (BFG) has invested $2 million in Seed funding in Caulipower – maker of a frozen cauliflower-based pizza crust that is not only gluten-free, but more nutritious than typical...
View ArticleLeonardo DiCaprio Invests in Plant-Based Meat Producer Beyond Meat
Plant-based meat alternative producer Beyond Meat announced the addition of Leonardo DiCaprio as an investor in the company and as an advocate. DiCaprio joins an impressive list of existing investors...
View ArticleUpdate: MycoTechnology Closes Series B Oversubscribed at $42M
Colorado-based mushroom-focused food tech startup MycoTechnology announced that it has officially closed its Series B round of funding oversubscribed at $42 million. In mid-September the company...
View ArticleJapanese Ag Drone Company Nileworks Raises US$7M
Nileworks, a Japanese agtech company focused on the development of hyper-precise agricultural spray drones, announced the successful raising of 800 million yen (approximately US$7 million). Involved...
View ArticleAgDevCo Invests $3M in Rwandan Poultry Company
UK-based social impact and sub-Saharan-focused investor AgDevCo announced it has invested $3 million in Rwandan poultry company Uzima Chicken Ltd. Uzima is an early stage poultry operation that was...
View ArticleCapagro Innovation Finalizes Second Funding Round; Doubles in Size
Capagro Innovation, the first French fund dedicated to investing in agriculture, food, agronomy, and nutrition, announced a second and final close for its Capagro Innovation Fund. The fund raised...
View ArticleWinnow Raises US$7.4M Round to Scale Up its Fight of Commercial Food Waste
UK-based Winnow Solutions, a tech developer of smart solutions that help commercial kitchens reduce food waste, announced it has secured its latest US$7.4 million growth capital round led by...
View ArticleExclusive: Spotlight on AgIS and Reflections of an Asset Class Pioneer – Jeff...
It was recently reported that the Virginia Retirement System (VRS) has engaged Boston-based private equity firm AgIS to manage a $150 million farmland separate account. The entire account will be...
View ArticleBonnefield Canadian Farmland LP IV Holds Second Close – Nearly Doubles in Size
Canada’s largest farmland property and investment manager, Bonnefield Financial, announced a second closing of $70 million for its Bonnefield Canadian Farmland LP IV. This commitment, which comes from...
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