Dairy Alternative Company Oatly Secures $200M Led by Blackstone, Sets Valuation at $2B
By Lynda Kiernan, Global AgInvesting Media Swedish sustainable, oat-based dairy alternative company Oatly has secured $200 million in funding led by Blackstone Growth, and including a roster of high-profile investors - Oprah Winfrey, Natalie Portman, Howard Schultz, the former chairman and CEO of Starbucks, Rabo Corporate Investments, Roc N
Read moreBillionaire Andrew Forrest Acquires Two Iconic Cattle Stations in Western Australia for A$30M
By Lynda Kiernan, Global AgInvesting Media From a field of 14 bidders, billionaire Andrew Forrest came out on top, acquiring the Quanbun Downs and Jubilee Downs cattle stations near Fitzroy Crossing in Western Australia in a deal exceeding A$30 million (US$20.9 million). The stations had been owned for more than 40 years by a partnersh
Read moreGrowers Edge Closes $40M Series B to Advance Fintech Solutions for the Ag Industry
By Lynda Kiernan, Global AgInvesting Media Iowa-based Growers Edge Financial announced the close of a $40 million Series B led by S2G Ventures, Cox Enterprises, and Skyline Global Partners, and including Finistere and new investor Bunge Ventures, giving the company the capital backing to accelerate the development and market penetration of
Read moreBetter-For-You Cold Brew Brand Super Coffee Raises $25M and Achieves $200M Valuation
By Lynda Kiernan, Global AgInvesting Media Kitu Life, the name behind the popular better-for-you cold brew and creamer brand Super Coffee, has raised $25 million through a funding round led by Skyview Capital, achieving a valuation of $200 million. Additional investors that participated in the round include Acronym Venture Capital; Ech
Read morePerfect Day Raises Another $160M Led by CPP Investments, Extends Series C to $300M
By Lynda Kiernan, Global AgInvesting Media Perfect Day, a producer of animal-free, lab-created dairy proteins, announced it has raised a new $160 million tranche of funding led by Canada Pension Plan Investment Board’s (CPP Investments’) Thematic Investing group. This funding expands the company’s original $140 million Series C a
Read moreNasekomo Secures Largest Early-Stage Agtech Funding in Emerging Europe
By Lynda Kiernan, Global AgInvesting Media In business for only three years, Bulgaria-based Nasekomo is already scaling up its business that transforms agro organic waste streams into alternative protein for animal and fish feed, and sustainable organic fertilizer through the use of black soldier flies. In support of its proprietary ro
Read moreFMC Announces Launch of FMC Ventures, First Investment in Trace Genomics
By Lynda Kiernan, Global AgInvesting Media FMC Corporation announced the launch of its new capital venture arm FMC Ventures to target strategic investments in innovative startups and early-stage companies developing and applying emerging agricultural technologies. FMC Corporation is an ag sciences company providing cutting-edge solutio
Read moreDeep Creek Fruits Created to Consolidate Two NZ Cherry Orchard Projects to be Managed by Hortinvest
By Lynda Kiernan, Global AgInvesting Media New Zealand veteran horticulturalists Ross and Sharon Kirk have created Deep Creek Fruits NZ - a new platform under which is being consolidated two cherry orchard projects (Mt. Pisa and Lindis River) underway in Central Otago, New Zealand. Both projects are to be managed by leading New Zealand hort
Read moreCapitol Peak Partners, KKR, Acquire Borden Dairy in $340M Deal
By Lynda Kiernan, Global AgInvesting Media After filing for bankruptcy in the early days of January, Borden Dairy Co., one of the largest and oldest dairy companies in the U.S., has been acquired by Capitol Peak Partners, who will assume majority ownership, and KKR, an existing lender to Borden, which will assume a minority position in the
Read moreABC Fund Backs Ghana’s Dragon Farming to Scale Operations
By Lynda Kiernan, Global AgInvesting Media The Agri-Business Capital Fund (ABC Fund) has provided financing to the tune of approximately US$900,000 to Dragon Farming Ltd, a soy milling and aggregation company in Ghana. The ABC Fund was launched at the International Fund for Agricultural Development (IFAD) annual Governing Council in Rom
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