ArcTern Ventures Closes Fund III Oversubscribed at $335M for Global Decarbonization
By Lynda Kiernan-Stone, Global AgInvesting Media Toronto-based venture capital ArcTern announced it has surpassed its target of $300 million, and closed its third fund oversubscribed with $335 million in capital commitments including new investments from flagship limited partners TD Bank Group, Allianz, Church Pension Group, OPTrust, Credi
Read moreIngredion Partners with Better Juice to Fast-Track Sugar Reduction Solution
By Lynda Kiernan-Stone, Global AgInvesting Media Ingredion Ventures, the venture investment arm of specialty food and beverage ingredients leader Ingredion, is leading the Series A funding round for Better Juice to fast-track the penetration of its breakthrough sugar reduction solution in the U.S. market. Joining Ingredion in this
Read morefarm-ng Closes $10M Series A to Scale Affordable Robotic, AI Solutions
By Lynda Kiernan-Stone, Global AgInvesting Media Robotics and AI startup farm-ng announced it has closed on a $10 million Series A led by Acre Venture Partners and including Xplorer Capital, Hawk Tower, and ten other institutional and individual investors, to advance and scale affordable and adaptable robotic and AI solutions for small to
Read moreSerra Ventures, Grondex International Launch Serra-Grondex Ag & Food Tech Fund II
By Lynda Kiernan-Stone, Global AgInvesting Media Illinois-based Serra Ventures announced it has partnered with leading Netherlands-based regenerative farming asset management company Grondex International to launch the Serra-Grondex Ag & Food Tech Fund II. This partnership represents a collaboration between two teams with more
Read morePerfect Day Raises $90M in Pre-Series E Funding, Makes Leadership Changes
By Lynda Kiernan-Stone, Global AgInvesting Media Founded in 2014 by bioengineers Ryan Pandya and Perumal Gandhi, Perfect Day has a mission to reimagine food production for a more sustainable future by producing animal-free proteins through fermentation that are nutritionally identical to proteins derived from animals. Over the past 10 y
Read moreIndigo Ag Announces Former Tyson CEO Dean Banks as New CEO, Closes on Nearly $270M
By Lynda Kiernan-Stone, Global AgInvesting Media Bioplatform innovation company Flagship Pioneering and sustainable ag leader Indigo Ag have made multiple announcements - one of them an expansion to a very impressive funding round. But we’ll get to that in a minute. First, Dean Banks, the former president and CEO of Tyson Foods
Read moreInsight: AgTech & FoodTech Predictions for 2024
By Adam Bergman, Managing Director | CitiClean Energy Transition Group | Global Head of AgTech At the start of 2023, there were hopes that the challenging investment environment experienced throughout 2022 would improve and the financial markets would rebound. However, despite a few positives, like an improved IPO market and the Dow Jones
Read moreFarming Robotics Company Burro Closes $24M Series B
By Lynda Kiernan-Stone, Global AgInvesting Media Farmers – especially those growing labor-intensive specialty crops such as grapes, berries, and nursery crops – are facing ever greater challenges throughout their production cycles. It is these farmers in particular, who are widely un-mechanized and employ 88 percent of the crop w
Read moreGeoSalmo Lands EUR13.4M for Icelandic Salmon Farm
By Lynda Kiernan-Stone, Global AgInvesting Media Norwegian, Swedish, Icelandic, and Dutch investors are backing Icelandic company GeoSalmo with €13.4 million (US$14.65 million) to fund the company’s building of a state-of-the-art hybrid, flow-through salmon farm in Ölfus, near Þorlákshöfn, one of the largest fresh fish export hubs
Read moreUniFHAS Closes on Seed Funding to Advance Bacteriophage Technology for Ag and Food
By Lynda Kiernan-Stone, Global AgInvesting Media Before we can even begin to discuss the funding, I think it would be helpful to first answer the question, what are bacteriophages? Coming from the root word “phagein” meaning “to eat”, bacteriophages are, in short, viruses that infect and replicate only in bacteria. Found n
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