Nigeria’s First Plant-Based Company Raises Angel Investment from California, UK Investors
*photo credit VeggieVictory By Lynda Kiernan, Global AgInvesting Media VeggieVictory, the first vegan company in Nigeria, has raised an undisclosed round of Angel funding from Ryan Bethencourt, founder and CEO of California-based Wild Foods, and Anant Joshi, founder of UK-based Plant CEO. Bethencourt, who has previously invested in
Read moreRoot AI Closes on $7.2M to Deploy Produce Harvesting Robot
By Lynda Kiernan, Global AgInvesting Media Boston-based robotic agtech startup Root AI announced the successful raising of $7.2 million in Seed funding, bringing the company’s total funding to-date to $9.5 million. The oversubscribed round was backed by both new and existing investors including Rob May, general partner, PJC; Josh Kop
Read moreImpossible Foods Raises Another $200M, Total Funding Approaches $1.5B
By Lynda Kiernan, Global AgInvesting Media Impossible Foods announced it has closed on another $200 million in funding through a Series G led by new investor Coatue. Existing investors Mirae Asset Global Investments and Temasek also contributed to the rounds, as did additional new investor XN. This round, which brings total funding
Read morePowerPollen Raises $13M Series B for Pollination on Demand Technology
By Lynda Kiernan, Global AgInvesting Media Iowa-based PowerPollen announced it has closed on $13 million raised through a Series B that included new investor Ag Ventures Alliance, and a cohort of return investors that included Iowa Corn Growers Association. For such a critical part of crop success, pollination can be seriously ineffici
Read moreRural Funds Management Acquires 5,409 He. of Sugar Cane Farmland for A$81M; Plans Macadamia Conversion
By Lynda Kiernan, Global AgInvesting Media Rural Funds Management (RFM), manager for the ASX-listed Rural Funds Group (RFF), an owner of a diversified portfolio of high-quality Australian agricultural assets valued at approximately A$900 million (US$648.5 million), announced it has agreed to acquire 5,409 hectares (13, 366 acres) of sugar c
Read moreTemasek, Bayer Partner to Launch New Vertical Farming Venture With $30M in Initial Funding
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 farmi
Read moreBrief: Harvest Agriculture Acquires Dryland Cropping and Grazing Operation Yaloak Estate for A$60M
By Lynda Kiernan, Global AgInvesting Media Harvest Agriculture, an Australia-based wholly-owned subsidiary of Guangxi Investment Co. Ltd, has acquired the 5,071-hectare Yaloak Estate for A$60 million (US$43 million) - approximately A$10 million (US$7 million) more than what the property was expected to fetch. The estate had been owned
Read moreCoffee Made Without Beans is Gaining Traction as Atomo Raises $9M
By Lynda Kiernan, Global AgInvesting Media Foodtech startup Atomo Coffee announced it has raised another $9 million in Seed funding to bring bean-less, molecular coffee to market. This additional round brings total Seed funding for the company to $11.6 million. With this capital raised from S2G Ventures, AgFunder, Bessemer Venture Partn
Read moreEquilibrium Makes First Investment Outside U.S., Partners with Finka on CEA Expansion in Mexico
By Lynda Kiernan, Global AgInvesting Media Equilibrium Capital Group, an asset manager focused on sustainable and impact-driven real asset agricultural and agricultural distributed infrastructure, announced its first investment outside the U.S. Finka, an owner of advanced greenhouses based in Queretaro, Mexico, that pioneered the origina
Read moreIsraeli Startup Beewise Raises $10M to Automate Beehive Management and Save Pollinators
By Lynda Kiernan, Global AgInvesting Media Isareli smart beehive developer Beewise Technologies Ltd. has raised $10 million through a round led by Fortissimo Investment Fund. Also participating in the round were Micheal Eisenberg, the co-founder of the VC firm Aleph, lool Ventures, Atooro Fund, and ARC Impact. Bees are our critical partn
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