AppHarvest Closes $28M Series B, Welcomes Martha Stewart, J.D. Vance, and Impossible Foods’ David Lee to Board
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 contro
Read moreStray Dog Capital Leads Funding Rounds for Two Plant-Based Startups
By Lynda Kiernan, Global AgInvesting Media Stray Dog Capital, a venture capital investor focused on emerging plant-based brands, has led separate funding rounds for two plant-based food startups. These two new additions join Stray Dog’s portfolio of more than 30 investments including Kite Hill, Beyond Meat, Miyoko’s, and Good Catch.
Read moreElo Life Systems Forges Strategic Partnership With Dole to Save the Cavendish Banana
By Lynda Kiernan, Global AgInvesting Media The world loves bananas. However, the banana as we know it is threatened with extinction by Fusarium TR4 - a soil-borne, pathogenic fungus that is decimating banana plantations on a global scale. First identified in the 1990s in Taiwan, and after years of battling the fungus across the Eastern Hem
Read moreFarmers Business Network Raises $250M Series F to Fuel Farmer-to-Farmer Tech Platform
By Lynda Kiernan, Global AgInvesting Media Farmers Business Network (FBN), the pioneering direct-to-farm and farmer-to-farmer tech platform, announced it has closed on a $250 million Series F led by funds and accounts managed by BlackRock. Existing investors who took part in this round include DBL Partners, Temasek, funds and accounts
Read moreRoyal DSM, Avril Group Launch JV to Produce Non-GMO Canola Protein for the Plant-Based Global Market
By Lynda Kiernan, Global AgInvesting Media Royal DSM of the Netherlands has partnered with Avril Group, France’s fourth largest agro-industrial group, to launch Olatein, a new joint venture to produce canola proteins for the global plant-based market. This venture is in direct response to growing global demand. As the global popul
Read moreBell Food Group Increases Stake in Mosa Meat by US$5.9M
By Lynda Kiernan, Global AgInvesting Media Bell Food Group has increased its investment in Dutch cellular meat startup Mosa Meat, the company name behind the development of the first cultivated hamburger in 2013, by contributing EUR 5 million (US$ 5.9 million) to Mosa Meat’s next funding round. This investment follows a EUR 2 million
Read moreRiverside Adds GSB & Associates to Flavors Platform as Bolt-On to National Flavors
By Lynda Kiernan, Global AgInvesting Media The Riverside Company’s latest addition to its Riverside Flavor Platform is GSB & Associates (GSB) - a flavor house specializing in bespoke flavor development. Founded in 1988, The Riverside Company is a global private equity firm focusing on investing in growing businesses valued at up to
Read moreGeltor Raises $91.3M to Biodesign Sustainable Animal-Free Proteins
Cover photo courtesy of Geltor. By Lynda Kiernan, Global AgInvesting Media British protein investor CPT Capital has led an impressive $91.3 million Series B round for Geltor, a biodesigner of animal-free, sustainable cultured proteins. Taiwan-based WTT Investment Ltd. was also a significant contributor to the round, which also include
Read moreWith $15M Seed & Roe Rebrands to Upward Farms, Plans HQ for Brooklyn, NY
By Lynda Kiernan, Global AgInvesting Media Previously known as Edenworks and then Seed & Roe, the newly rebranded aquaponic company Upward Farms announced it has raised $15 million in new funding led by Prime Movers Lab, and is constructing a new headquarter farm in Brooklyn, New York. This funding brings total funding to-date for
Read moreRaptor Ag Secures $27.3M in Funding to Advance Hazelnut Orchard Development
By Lynda Kiernan, Global AgInvesting Media Oklahoma-based Raptor Ag announced the successful raising of $27.3 million in funding to further support the company as it reaches its goal of becoming the largest operator of hazelnut orchards in North America by the spring of 2021. This capital was raised through multiple channels. The compa
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