FA Bio Closes on £5.3M to Discover Microbes for Game-Changing Bioproducts
By Lynda Kiernan-Stone, Global AgInvesting Media British biotech company FA Bio announced it has closed on £5.3 million (US$6.68 million) to continue its work discovering superior microbes for bioproducts that will improve soil health, increase crop yields, protect biodiversity, and replace chemical inputs to reduce greenhouse gas emissio
Read moreBlue Road-Backed NatureSweet Expands Portfolio With New Growing Location in Arizona
By Lynda Kiernan-Stone, Global AgInvesting Media NatureSweet, the largest vertically integrated agricultural company in North America, announced the expansion of its portfolio with a new greenhouse facility that has begun planting and growing produce in Bonita, Arizona. It was only five months ago that Blue Road Capital, an indep
Read moreFOTONIQ Closes on Investment Round to Make Greenhouses More Efficient
By Lynda Kiernan-Stone, Global AgInvesting Media As arable land suitable for agricultural production is in finite supply, FOTONIQ views greenhouses as the future of agriculture. And as high-tech greenhouse production continues to gain ground, the company sees the need for greater sustainability and efficiency to help growers increase produ
Read moreSyngenta Group Ventures Leads $38M Series D to Improve Global Fresh Produce Supply Chain
By Lynda Kiernan-Stone, Global AgInvesting Media Syngenta Group Ventures has led a $38 million Series D for ProducePay, recognized as one of Fast Company’s Most Innovative Companies and the World Economic Forum’s newest Unicorn Innovators for its work transforming and strengthening fresh produce supply chains. Joining Syngenta Gro
Read moreTemasek, Norinchukin Bank Back Seviora Holdings’ T3F Strategy
By Lynda Kiernan-Stone, Global AgInvesting Media Let’s dig into this one. Temasek has partnered with Singapore-based investment manager Seviora Capital, part of Seviora Group, an independent asset management group with $52 billion in AUM, that itself is wholly owned by Temasek. Through this partnership they will jointly invest i
Read moreRest Super Makes its First Alternative Impact Investment in Cibus Fund II
By Lynda Kiernan-Stone, Global AgInvesting Media Rest Super (Rest), one of Australia’s largest profit-to-member superannuation funds with 1.9 million members and more than A$80 billion (US$52.3 billion) in global AUM, has made its first alternative asset class impact investment in Cibus Fund II. Advised by London-based Cibus Cap
Read moreBrief: CBRE Managing Sale of Yarrum Almond Aggregation With Expectations of $22M
By Lynda Kiernan-Stone, Global AgInvesting Media CBRE Agribusiness’s Angus Bills, Matt Childs, and John Harrison are managing the sale of the 635-hectare Yarrum Agriculture Almond Aggregation, representing a significant early-stage opportunity for potential buyers. Only twenty years ago, Australia’s almond industry totaled 5,000 hec
Read moreElanco Sells Aqua Business to Merck in $1.3B Deal
By Lynda Kiernan-Stone, Global AgInvesting Media After a year-long review process, Elanco Animal Health announced it has agreed to sell its aqua business to Merck Animal Health for approximately $1.3 billion in cash. Generating about $175 million in revenue and an approximate $92 million in adjusted EBITDA, the business includes product
Read morePlanet A Foods Raises $15.4M Series A for Cocoa-Free Chocolate
By Lynda Kiernan-Stone, Global AgInvesting Media Chocolate is almost universally loved. But the cocoa industry has been long-beset with challenging issues – economic, environmental, and social – including climate change, deforestation, child labor issues, and smallholder producers earning barely the price of a candy bar per day. In
Read moreBain-Led Investor Consortium Takes Control of Accolade Wines
Lynda Kiernan-Stone, Global AgInvesting Media After six years being owned by The Carlyle Group, Accolade Wines, a global premium wine and spirits company and the second largest wine company in Australia, announced it has agreed to a recapitalization plan that will result in a change of control of the company. Under the terms of th
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