By Lynda Kiernan-Stone, Global AgInvesting Media Two Japanese giants, Mitsubishi Corporation (MC) and Maruha Nichiro, announced their agreement to establish ATLAND Corporation (ATLAND) – a joint venture that will specialize in the land-based production of salmon. In the planning stage since March 2021, this project will be centered in Nyuzen, in the Toyama Prefecture, beginning […]
By Lynda Kiernan-Stone, Global AgInvesting Media Following an announcement last year by Royal DSM that it planned to divest its materials division to re-focus its energies on the production of sustainable food and health products, the Dutch specialty chemical ingredients leader is merging with Swiss peer Firmenich to create DSM-Firmenich in a deal that values […]
By Lynda Kiernan-Stone, Global AgInvesting Media Boston-based biotech giant Ginkgo Bioworks and Elanco, which acquired Bayer’s Animal Health business for $7.6 billion in August 2019, have partnered to launch BiomEdit, a microbiome innovation company with the goal of discovering, developing, and launching new probiotics, bioactive molecules, engineered microbial medicines, and microbial monitoring services for animal […]
By Lynda Kiernan-Stone, Global AgInvesting Media It remains true that vertical farming is not yet at the point of replacing traditional agriculture. However, the technology continues to mature, the funding rounds continue to grow, and the facilities continue to scale, allowing vertical farming to forge relationships that give it meaningful inroads into commercial channels. This […]
By Lynda Kiernan, Global AgInvesting Media The meat alternative space is increasingly crowded, and a company’s gotta do what a company’s gotta do to differentiate, gain consumer loyalty, and secure market share with an eye toward the future of the industry. Cell cultivated meat was considered science fiction only a few years ago. Today, there […]
By Lynda Kiernan, Global AgInvesting Media As AeroFarms’ co-founder and CEO David Rosenberg noted that the business is at an inflection point, the leading vertical farming company is merging with Special Purpose Acquisition Company (SPAC) Spring Valley Acquisition to list on the Nasdaq with expectations of an approximate value of $1.2 billion. Moving forward, the new, […]
By Lynda Kiernan, Global AgInvesting Media Singapore’s sovereign wealth fund Temasek and the investment arm of Bayer, Leaps by Bayer, have partnered to create Unfold, a new venture that will focus on the development of new vegetable varieties that will play a role in enhancing the quality, sustainability, and efficiency of vertical farming. Unfold will address […]
By Lynda Kiernan, Global AgInvesting Media As AppHarvest prepares to open the world’s largest indoor farm in Morehead, Kentucky, the high-tech, climate-controlled greenhouse developer has made a series of significant announcements. These announcements are being made as the company prepares to unveil its 2.76-million square foot controlled environment agriculture facility, which will in time create […]
By Lynda Kiernan ZeaKal, a California-based plant genetics innovator, has made two major announcements: that it has closed a Series C oversubscribed at $15 million, and the addition of former DuPont Pioneer (now Corteva Agriscience) president Paul Schickler to its leadership team. The total $15 million Series C, which was facilitated by ZeaKal’s lead investor […]
By Lynda Kiernan Lewis & Clark Ventures has led $2.6 million in equity financing, with participation from Flyover Capital and Central Illinois Angels, for Aker Technologies. “We are delighted to welcome investors who recognize the innovation gap in an increasingly variable climate environment and the potential of our technology across the industry,” said Orlando Saez, […]
