CPC Begins Divestments with Sale of Nockatunga Station
The long-awaited divestment process of Consolidated Pastoral Company (CPC) has begun. The Australian agribusiness announced the sale of Nockatunga Station, a bullock fattening operation located in...
View ArticleOverstock’s Medici Ventures Invests in Blockchain Tech for Wine Supply Chain
Overstock.com’s blockchain accelerator and investment platform Medici Ventures has made a strategic investment in VinX, a blockchain technology designed to reduce fraud and to ensure prevenance within...
View ArticleThe Andersons to Acquire Lansing Trade Group in $305M Deal
U.S.-based agribusiness giant The Andersons announced it has agreed to acquire all shares not already owned in Lansing Trade Group, LLC in a cash and stock deal valued at $305 million. By its nature,...
View ArticleDPI Acquires Majority Stake in Moroccan Irrigation Business CMGP for $100M
Pan African private equity firm Development Partners International (DPI) has closed the largest private equity deal in Morocco so far this year – announcing it has acquired a majority stake in Moroccan...
View ArticleS2G Ventures, Bunge Ventures Lead $10M Round for Edible DNA Food Traceability...
S2G Ventures and Bunge Ventures, the venture capital arm of Bunge Limited, have led a $10 million equity financing round for SafeTraces, Inc. Also participating in the round were UL Ventures and Spero...
View ArticleRoquette, Fortissimo Invest $4M in Seed Breeding Company Equinom; Roquette...
French plant-based protein pioneer Roquette, and current shareholder Fortissimo Capital have jointly invested $4 million in Equinom, an Israeli seed breeding company. Roquette and Equinom also have...
View ArticlePinnacle Investment Launches New Affiliate to Manage Assets of Blue Sky’s...
Pinnacle Investment plans to launch Alterum Investment Management, a new affiliate tasked with managing the assets of the Blue Sky Alternative Access Fund. Only one day after Blue Sky’s CFO Michael...
View ArticleCal-Maine Acquires Texas Egg Farming Operation
Cal-Maine Foods announced it has agreed to acquire Featherland Egg Farms including its total assets related to commercial egg production, processing, distribution, and sales, for an undisclosed amount....
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Gunn Agri Acquires the 484,000-Hectare Abingdon Downs
Farm and asset management company Gunn Agri announced it has finalized the acquisition of Abingdon Downs, a 484,000-hectare breeding property in Queensland, from the Keough Cattle Company, for an...
View ArticleAnterra Leads $14M Series B for Agtech Company ProducePay
Anterra Capital has led a $14 million Series B for Los Angeles-based agricultural fintech company ProducePay. Additional participants in the round include Rabo Frontier Ventures, Coventure, Social...
View ArticleBrief: Barclays Launches Agtech Team
UK-based global consumer and wholesale bank, Barclays announced the formation of a new, dedicated agtech team that will focus on facilitating connections between UK agtech startups and farmers with the...
View ArticleGeneral Mills’ 301 INC Leads $40M Round for Plant-Based Dairy Alternative...
301 INC and CAVU Venture Partners have come together again to invest $40 million in Kite Hill, a pioneering innovator and creator of plant-based dairy alternative foods. The capital round, which was...
View ArticleADM, Bunge, Cargill, and Louis Dreyfus Partner to Bring Tech to the Grain...
ADM, Bunge, Cargill, and Louis Dreyfus, the four global behemoth agribusinesses known as the A-B-C-D’s, announced they are partnering to pursue ways to use technology to digitize and standardize the...
View ArticleSouth African State Pension Fund, Pelo Agricultural Ventures, Acquire...
South Africa’s Public Investment Corporation (PIC), the manager of pension funds for South Africa’s government employees, and Pelo Agricultural Ventures have acquired a majority stake in Karan Beef Pty...
View ArticleEuropean Impact Investment Fund Moringa Invests $5M in Ghanaian Agribusiness...
European impact investment fund Moringa SCA SICAR (Moringa) has invested US$5 million in B-BOVID, a farming and palm oil processing company in Ghana that is aiming to transform agribusiness in Ghana...
View ArticleMaersk Invests in Boston-Based Spoiler Alert to Mitigate Food Waste
Boston-based Spoiler Alert, a tech platform that aids large-scale food manufacturers and wholesale distributors manage and control unsold inventory, announced it has secured a strategic investment from...
View ArticleAqua-Spark Invests in Echo-Sounder Technology Company CageEye
Dutch sustainable aquaculture investment fund Aqua-Spark announced its investment in CageEye, an agtech software and hardware developer working to improve efficiency in feeding practices for the salmon...
View ArticleNBA All-Star Kevin Durant Invests in Food Waste Mitigation Startup, Imperfect...
NBA All-Star Kevin Durant has made an undisclosed investment in Imperfect Produce, a startup working to mitigate food waste by generating and fostering a market for cosmetically imperfect fruit and...
View ArticleHillhouse Capital, VMG Partners to Co-Invest $100M in Food and Beverage Startups
Asia-based investment firm Hillhouse Capital, and San Francisco-based VMG Partners have further expanded their relationship by agreeing to co-invest $100 million in high-potential food and beverage...
View ArticleFood Safety Tech Company Clear Labs Closes on $21M B2 Round
Food safety and analytics platform Clear Labs announced it has closed on $21 million through a Series B2 led by Menlo Ventures and including Wing VC, Dentsu Ventures, Felicis, Khosla, and multiple food...
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