By Lynda Kiernan Crescendo Venture Partners announced the launch of a new early-stage venture capital fund with the goal of raising up to $100 million to invest in Israeli software startups. The fund has already had its first close, and anticipates a final close within the first half of 2020. In partnership with the $3 billion, […]
By Lynda Kiernan Not to be confused with Microsoft’s venture fund M12, self-labeled “venture engine built by and for entrepreneurs”, M13 announced it has closed its Fund II oversubscribed at $175 million. One of the LPs for Fund II is Sir Richard Branson, founder of Virgin Group, according to NOSH, however, no further investors were […]
By Lynda Kiernan At its second annual Ferment meeting, Boston-based biotech giant Ginkgo Bioworks announced the launch of Ferment Consortium, a $350 million private investment vehicle supported by capital commitments from existing Ginkgo investors including Viking Global Investors, General Atlantic, and Cascade Investment, through which Ginkgo can finance potentially transformative spinout companies. Founded in 2008, […]
By Lynda Kiernan Seattle-based venture capital firm Venture Capital announced it has raised $100 million for its fifth fund. The capital will be deployed across the high-growth, but underserved, Cascadia region of Washington State, Oregon, and Western Canada to fund innovation through initial rounds in B2B startups engaged in Agtech, Fintech, and Mediatech. Backing the […]
By Lynda Kiernan The Vermont Pension Investment Committee, Montpelier, has made capital commitments to two agriculture funds, allocating $100 million to the Nuveen Global Farmland Fund, and up to another $25 million to Pontifax Global Food and Agriculture Technology Fund II. As a long-term investor, with commitments that have lasted 20 years or more, Nuveen […]
By Lynda Kiernan Israel and Singapore-based Trendlines Group has secured up to $22 million in conditional capital for its newly launched Singapore-based Trendlines Agrifood Pte Ltd (Fund). The fund will be managed by Trendlines via its wholly-owned subsidiary, Trendlines Agrifood Innovation Centre Pte Ltd. As a vehicle born of an investor and innovation commercialization company, […]
By Lynda Kiernan In a ceremony held in Kiryat Shemona, Israel, a consortium consisting of global agrifood investor Finistere, venture investor OurCrowd, Israel’s largest food manufacturer, Tnuva, and leading Israeli beverage company Tempo Beverages officially launched activity for their NIS 1 billion (US$280 million) “Fresh Start” FoodTech Incubator. The consortium is a very well-rounded collective […]
By Lynda Kiernan Midwest private equity investor Cultivation Capital announced it has raised $74 million from a total of 89 limited partners to-date for its third fund, the Cultivation Capital Tech Fund III. This funding brings Fund III extremely close to its original goal of $75 million, however, Cultivation is open to continue fundraising for […]
By Lynda Kiernan Rabobank and India-based impact investor Caspian have teamed up once again in support of startups in India’s agricultural sector. Together, the pair are launching the Rabo-Caspian Agtech Financing Fund, a three-year fund with an initial corpus of Rs 15 cr (US$2.25 million) to provide customized debt solutions to data-driven agtech startups that will […]
by Lynda Kiernan BDC Capital, the investment arm of Canada’s only entrepreneur-focused bank, BDC, announced it is launching the $250 million Industrial Innovation Venture Fund. The aim of the fund is to invest in tech entrepreneurs and startups that have the potential to disrupt Canada’s core industries including agriculture and food, advanced manufacturing, and resource […]
