By Lynda Kiernan-Stone, Global AgInvesting Media Baby eels (called elvers) are the most valuable species on the fish market, often fetching more than $2,000 per pound at the dock – more than 10 times the value of lobster. One factor driving these prices is the overfishing of freshwater eels, endangering wild populations. In Europe, the […]
By Lynda Kiernan-Stone, Global AgInvesting Media Advanced U.S. indoor agricultural grower Local Bounti announced it has secured $23.3 million in funding through a PIPE (private investment in public equity) agreement with existing investors Fidelity Management & Research Company, BNP Paribas, additional unnamed existing backers, and management. This agreement follows a year after the company closed […]
photo credit: AgroSpheres By Lynda Kiernan-Stone, Global AgInvesting Media Founded in 2016 by COO Payam Pourtaheri and CTO Ameer Shakeel, AgroSpheres’ mission is to dramatically improve the delivery of pesticides, making them more effective, cheaper, and more environmentally-friendly. But, the company recognizes that biologicals are currently faced with three key bottlenecks: cost, performance, and stability. […]
By Lynda Kiernan-Stone, Global AgInvesting Media Soil is a living ecosystem; home to billions of microorganisms that all factor into our ability to achieve the highest potential in crop production. However, despite its critical role, we still know far less about soil than we do about the crops it grows. Further complicating the relationship and […]
By Lynda Kiernan-Stone, Global AgInvesting Media Just like the evidence of rising atmospheric CO2 levels first reported in the 1950s, there is now increasing evidence that synthetic nitrogen is correlated to the degradation of farm soils. And as food demand increases, so does the use of synthetic nitrogen, degrading more soils and intensifying the threat […]
By Lynda Kiernan-Stone, Global AgInvesting Media Agtech startup AgriWebb understands that there’s a distinct difference between record keeping, and being a data-driven livestock business. On its path to becoming the number one livestock business management tool available, the startup announced an expansion to its Series B funding round, having secured an additional AUD$10 million (US$6.7 […]
By Lynda Kiernan-Stone, Global AgInvesting Media Soli Organic, the only soil-based indoor farming company in the U.S. growing USDA certified organic produce, has closed on nearly $125 million in Series D funding led by global investment group CDPQ. Leading European investment firm Movendo Capital B.V. also joined the round, which included follow-on investments from existing […]
By Lynda Kiernan-Stone, Global AgInvesting Media Alternative protein pioneer Micro Meat and Orbital Assembly (OA), a developer of space-centric business parks with variable gravity capabilities, have signed a memorandum of understanding to co-develop systems to produce cultivated meat in space. Did you know it costs as much as $10,000 per pound to transport meat into […]
By Lynda Kiernan-Stone, Global AgInvesting Media Tech-driven vertical farming company Elevate Farms raised in excess of C$26 million (US$19 million) in capital – consisting of equity and secured project finance – through a series of global investments anchored by long-time investor Brightspark Capital. Based in Toronto, Canada, Elevate Farms’ novel business model uses hydroponics and […]
By Lynda Kiernan-Stone, Global AgInvesting Media Earlybird Venture Capital has led the world’s largest Series A round for a cultivated meat company to-date, heading up $48 million in new funding for Paris-based startup Gourmey. Joining Earlybird in the oversubscribed round was a new syndicate of investors including Amsterdam-based Keen Venture Partners and Instacart CEO Fidji […]
