By Lynda Kiernan-Stone, Global AgInvesting Media Massachusetts-based, mission-driven seed breeding technology company Inari announced it closed on another $124 million in Series E funding, successfully completing its latest fundraise and bringing cumulative capital commitments to the company to $475 million. This round reflects strong support for the company from new investor Canada Pension Plan Investment Board […]
By Lynda Kiernan-Stone, Global AgInvesting Media Hybrid autonomy and tele-assist service platform Agtonomy has successfully closed on a Seed III round, bringing total funding to-date for the startup to $13.5 million. Co-leading the round were Cavallo Ventures, the venture arm of Wilbur-Ellis, and Mirae Asset Venture Investment, the venture unit of South Korea-based Mirae Asset […]
By Lynda Kiernan, Global AgInvesting Media German cannabis company Sanity Group announced it has raised $37.6 million in Series B funding representing the largest investment round in the EU sector to-date. Led by British American Tobacco (BAT), the round was also joined by existing Sanity Group investors including Redalpine and Snoop Dogg’s Casa Verde Capital, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Paris-based insect protein leader Innovafeed has closed on a $250M Series D, bringing total capital raised by the company to-date to $450 million. Led by Qatar Investment Authority (QIA), the round also included agribusiness giants Archer Daniels Midland (ADM) and Cargill, both of which have strategic partnerships in place […]
By Lynda Kiernan-Stone, Global AgInvesting Media Next-gen biotechnology startup Prolific Machines has emerged from stealth announcing multiple “massively oversubscribed” funding rounds totaling $42 million. Pre-Seed funding had been previously committed by Po Bronson, managing director, IndieBio and general partner, SOSV, who incubated the startup from IndieBio while they de-risked the early science. “Prolific was a […]
By Lynda Kiernan-Stone, Global AgInvesting Media Although there is admittedly still much we don’t know about the connection and interaction between our genes and the foods we eat, personalized nutrition, and by proxy, functional foods and beverages, have been noted as being some of the key drivers in the evolution of the food industry. Perhaps […]
By Lynda Kiernan-Stone, Global AgInvesting Media India is a top global producer of many agricultural products, ranking second in fruit and vegetable production only to China, producing 102.48 metric tons of fruit and 200.45 metric tons of vegetables according to the Ministry of Commerce & Industry, Government of India. It also is a young, high-energy […]
By Lynda Kiernan-Stone, Global AgInvesting Media For 20 years Puna Bio’s team has studied and made discoveries in the Puna de Atacama of the Andes – the highest altitude desert at 4,500 meters (14,764 feet) above sea level. The highest and driest desert on Earth, “La Puna” receives only one-fifth the rainfall of Death Valley, […]
By Lynda Kiernan-Stone, Global AgInvesting Media New investors BMO Impact Investment Fund (IIF), a sustainability-focused investment fund of the Bank of Montreal (BMO), has stepped up along with Ares Management funds to lead a $310 million Series E for indoor farming pioneer Gotham Greens. This round, which was also backed by new investors Commonfund, RockCreek, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Conti Ventures has led a $35 million Series B for PatternAg Inc. in support of the company’s breakthrough metagenomics platform. Conti was joined by Bidra Innovations and existing investors The Production Board, Valor Capital Group, Founders Find, iSelect, LAUNCH, and Ospraie Ag Sciences. Just as genomics is rapidly being […]
