Major Land-Based Salmon Farming Projects Announced in France, S. Korea
By Lynda Kiernan, Global AgInvesting Media Since 1980, global consumption of salmon has more than tripled as demand for protein also climbed. And as wild stocks grow more depleted, salmon farming is stepping in to bridge the gap between market demand and production, with expectations that the market volume will grow at a CAGR of 3.9 perce
Read moreLactalis Acquires Natural Cheese Business from Kraft Heinz for $3.2B
By Lynda Kiernan, Global AgInvesting Media A U.S. affiliate of Groupe Lactalis has entered into an agreement to acquire the U.S. Natural, Grated, Cultured, and Specialty cheese business from Kraft Heinz for $3.2 billion. Under the agreed-upon terms, the brands involved in the deal include Breakstone’s, Knudsen, Polly-O, Athenos, Hoff
Read moreCDPQ, S2G Ventures Partner on $125M to Invest in Sustainable, Climate-Friendly Food and Ag
By Lynda Kiernan, Global AgInvesting Media Global institutional investor Caisse de dépôt et placement du Québec (CDPQ) and S2G Ventures, a multi-stage investor specializing in food, agriculture, oceans, and seafood opportunities, have announced a co-investment partnership. Through this agreement the pair will invest up to $125 million
Read moreU.S. Investor Acquires Canadian Canola Streaming Company Input Capital for $97.5M
By Lynda Kiernan, Global AgInvesting Media Bridgeway National, a Washington D.C.-based investor, has acquired Canadian canola streaming company Input Capital for approximately $97.5 million, or $1.75 per share. GAI News first reported on Input Capital in 2013. At the time the company had ten canola streaming contracts, and had just tak
Read moreCultivian Sandbox Leads $2M Seed Round for Food and Ag Data Infrastructure Company, Leaf
By Lynda Kiernan, Global AgInvesting Media Cultivian Sandbox Ventures has led a $2 million Seed round for Leaf, a food and agriculture data infrastructure company looking to overcome the challenges that are limiting the scalability of digital ag solutions. Existing Leaf investor Radicle Growth and SP Ventures also participated in this
Read moreBulletproof 360 Raises Another $13M for Highly Functional Foods and Beverages
By Lynda Kiernan, Global AgInvesting Media Innovative developer of functional foods and beverages, Bulletproof 360, announced it has raised another $13 million in capital to advance its line of functional, mind-body nutrition products. This round was led by Beliv, Rocana Ventures, existing investor Trinity Ventures, and CAVU Venture Pa
Read moreNasekomo, Groupe Grimaud Partner on JV, Fly Genetics
By Lynda Kiernan, Global AgInvesting Media Bulgaria-based Nasekomo has partnered with France’s Groupe Grimaud to launch Fly Genetics - a joint venture aiming to be the leading European supplier of improved black soldier flies to the insect-based bioconversion industry. In business for only three years, Nasekomo is creating an environme
Read moreInfarm Has $170M First Close on Series C Expected to Exceed $200M
Photo credit: Infarm By Lynda Kiernan, Global AgInvesting Media Berlin-based urban farming startup Infarm has had a first close at $170 million for a Series C round of funding that is expected to exceed $200 million. This funding, which lifts Infarm’s total capital raised to-date through a mix of equity and debt financing, to more
Read moreCreadev Returns to Lead $13.7M Series A for Hungry Harvest
photo credit - Hungry Harvest By Lynda Kiernan, Global AgInvesting Media Paris-based private equity firm Creadev has returned to lead an oversubscribed $13.7 million Series A for Hungry Harvest, a company focused on making an impact on the food space by reducing food waste and ending hunger. Both existing and new investors rounded o
Read moreIron Ox Raises $20M Series B to Build Robotic Greenhouses
photo credit: Iron Ox By Lynda Kiernan, Global AgInvesting Media Robotics and AI-driven farming startup Iron Ox announced it has closed on a $20 million Series B that was led by various family offices and Pathbreaker Ventures, which led Iron Ox’ Pre-Seed round four years ago. The round, which brings total funding to-date to $45 mil
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