Laguna Bay Agricultural Fund I Sells First Asset, Banongill Station, for A$80M to Local Consortium
By Lynda Kiernan, Global AgInvesting Media It was in 2016, after Laguna Bay Agricultural Fund I closed at $280 million that the fund acquired its first asset - Banongill Station, a cropping and livestock asset in Victoria’s Western District - from former VFL footballer Stewart Gull and his wife Sue in an off-market deal for an undisclose
Read moreFinistere Leads $10.2M Series B for TeleSense to Digitize Post-Harvest Grain Supply Chain
By Lynda Kiernan, Global AgInvesting Media Finistere has returned to lead a $10.2 million Series B for TeleSense, an IoT pioneer using AI to modernize grain supply chains, improve food safety, and develop advanced grain storage solutions. Additional participants in the round include a mix of new investors and global leaders - Fulcrum G
Read moreVerde Farms Closes Series A with New Funding, Welcomes Johnsonville CEO Nick Meriggioli to Board
By Lynda Kiernan, Global AgInvesting Media Verde Farms, a leading provider of 100 percent grass-fed, organic, and pasture-raised beef, has secured new funding from minority investors Johnsonville Holdings and NHL player Alex Biega to bring total funding to-date to $25 million. The company also announced the addition of Nick Meriggioli,
Read moreStartup v2food Closes Largest Funding Round in Aussie Plant-Based Meat Sector
By Lynda Kiernan, Global AgInvesting Media Less than one year after closing an impressive A$35 million (US$24 million) Series A, Aussie vegan meat brand v2food has closed on more significant funding. New investors ABC World Asia Altitude Partners, China Renaissance, Esenagro, Novel Investments, and Temasek have joined founding investme
Read moreBrightFarms Locks Down $100M Series E For U.S. Expansion
By Lynda Kiernan, Global AgInvesting Media Next-generation hydroponic greenhouse farming company BrightFarms announced it has secured more than $100 million in debt and new equity capital through a Series E round led by Cox Enterprises. This round now makes Cox a majority owner in BrightFarms, and brings back Catalyst Investors, which ma
Read moreWoolworths Foots $2.9M Series A for Health and Wellness Platform Spoon Guru
By Lynda Kiernan, Global AgInvesting Media W23, the venture capital arm of Australian retailer Woolworths, is the sole investor in an A$4 million (US$2.9 million) Series A for London-based, AI-driven health and wellness platform Spoon Guru. Co-founded by Markus Stripf, Tim Allen, and Simon O’Regan in 2015, Spoon Guru uses machine lea
Read moreFollowing $200M Founders Round, LIVEKINDLY Raises Another $135M
By Lynda Kiernan, Global AgInvesting Media LIVEKINDLY is a multi-brand plant-based food platform launched in March of this year with $200 million in founders’ funding committed by a consortium of founders, entrepreneurs, and global industry leaders, and a mission to transform the global food system. Only seven months later, the LIVEK
Read moreRemaining 50 Pct Stake in Green Plains Cattle Co. Sold to Investor Group Including AGR, StepStone for $80M
By Lynda Kiernan, Global AgInvesting Media Green Plains Inc. announced it has sold its remaining 50 percent stake in Green Plains Cattle Co. (GPCC) to an investor group that includes AGR Partners and StepStone Group, among others, for $80 million. It was in September 2019 that Green Plains Inc., AGR Partners TGAM Agribusiness Fund Hold
Read morePlenty Partners with Driscoll’s For Year-Round, Indoor Production of Strawberries
By Lynda Kiernan, Global AgInvesting Media Leading vertical farming pioneer Plenty and top fresh berry producer and brand Driscoll’s have announced a joint development agreement to grow Driscoll’s proprietary strawberries year-round in Plenty’s vertical indoor farms. It is also being reported that as part of the deal Driscoll’s
Read moreŸnsect Extends Series C to $372M, Plans World’s First Carbon-Negative and Largest Vertical Farm
By Lynda Kiernan, Global AgInvesting Media Although still far from being mainstream in Western cultures, the numerous benefits of sourcing protein from insects – namely, high conversion rates, the need for less processing compared to plant protein, and being more palatable compared to algae – paired with the EU Commission’s approval o
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