By Lynda Kiernan-Stone, Global AgInvesting Media CRISPR QC, a startup working to empower the scientists, researchers, and doctors working to advance genetic engineering, announced it has closed on $1.6 million in Seed funding led by Serra Ventures. Concurrently, the company has appointed George Bonaros to its Board of Directors to drive commercial growth of its […]
photo credit: No Meat Factory By Lynda Kiernan-Stone, Global AgInvesting Media Alternative, plant-based protein company No Meat Factory announced the close of a $42 million Series B led by new investor Tengelmann Growth Partners. Existing investor Emil Capital Partners (ECP), who initially invested in the company upon its launch in 2019, also participated in this […]
By Lynda Kiernan-Stone, Global AgInvesting Media Cibus, a precision agricultural gene editing leader, and Calyxt, a plant-based synthetic biology company, announced a definitive agreement to merge their businesses through an all-stock transaction. The resulting company will combine two pioneers in agriculture-focused gene editing, establishing an industry leader with one of the most sophisticated facilities for […]
photo credit: RE:OCEAN By Lynda Kiernan-Stone, Global AgInvesting Media The European Investment Bank (EIB) has made a venture debt investment of SEK 530 million (US$50.85 million) in RE:OCEAN, a company developing Sweden’s first inland, large-scale fish farm in Säffle, Värmland. Currently, Sweden imports nearly all of the salmon consumed in the country. Between 2017-2020, imports […]
By Lynda Kiernan-Stone, Global AgInvesting Media Samurai Incubate Africa, Future Africa, and Consonance Investment Managers have led a $2.7 million Seed round, with participation from Stephen Pagliuca, chairman of Bain Capital, and Justin Kan of Twitch, for Releaf, a Nigerian agtech startup developing proprietary hardware and software solutions to advance the country’s oil palm sector. […]
By Lynda Kiernan-Stone, Global AgInvesting Media I just learned something really interesting. The human brain has us convinced that when we enjoy a food or beverage it’s due to what we are tasting. But in reality, only 25 percent of that joy is related to taste, the other 75 percent of that experience is due […]
By Lynda Kiernan-Stone, Global AgInvesting Media Sustainable food tech innovator Benson Hill is streamlining its business, having announced its agreement to divest its Fresh business unit in a two-part deal for an aggregate sale price of $21 million. Founded in 2012, Benson Hill leverages Cloud Biology®, or the combination of data science, machine learning, AI […]
By Lynda Kiernan-Stone, Global AgInvesting Media Precision fermentation is really not a new technology. For decades it has been used for very specific applications, such as the production of insulin. However, barriers having to do with the costs associated with development of the technology and production have bottlenecked growth – until recently. In 1978, Arthur […]
By Lynda Kiernan-Stone, Global AgInvesting Media Sound Agriculture, a developer of nature-based biochemical solutions that enable agriculture to adapt faster to climate change while producing healthier, more sustainable foods, announced the close of a $75 million Series D led by new investors BMO Impact Investment Fund and Chan Zuckerburg Initiative. Also participating in this round, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Eion offers farmers a scientifically backed, permanent, cost-effective, scaleable, and nature-based solution for carbon removal – the use of pulverized minerals to absorb carbon from ambient air. Called CarbonLock™, Eion’s technology is what the company calls a “shovel-ready climate-smart solution for U.S. agriculture and its farmers” – a business […]
