Indigo Ag Announces Former Tyson CEO Dean Banks as New CEO, Closes on Nearly $270M
By Lynda Kiernan-Stone, Global AgInvesting Media Bioplatform innovation company Flagship Pioneering and sustainable ag leader Indigo Ag have made multiple announcements - one of them an expansion to a very impressive funding round. But we’ll get to that in a minute. First, Dean Banks, the former president and CEO of Tyson Foods
Read moreCenturia Agriculture Fund Grows to $351M AUM With $21.5M P’Petual Holdings Acquisition
By Lynda Kiernan-Stone, Global AgInvesting Media Australian fund manager Centuria Capital Group has acquired 12 hectares of protected glasshouse and greenhouse cropping assets in South Australia through its open-ended, unlisted Centuria Agriculture Fund (CAF) for A$21.5 million (US$14.38 million). The assets, which are operated by South
Read moreFarming Robotics Company Burro Closes $24M Series B
By Lynda Kiernan-Stone, Global AgInvesting Media Farmers – especially those growing labor-intensive specialty crops such as grapes, berries, and nursery crops – are facing ever greater challenges throughout their production cycles. It is these farmers in particular, who are widely un-mechanized and employ 88 percent of the crop w
Read moreSurexport Expands Berry Production in Northern Europe With Jong Fruit Majority Stake
By Lynda Kiernan-Stone, Global AgInvesting Media Consumer demand for fresh berries is strong due to the combination of their health benefits, appealing taste, versatility, and their alignment with current dietary and culinary trends. And as consumers increasingly seek both convenience and nutrition in their food choices, fresh berries cont
Read moreGeoSalmo Lands EUR13.4M for Icelandic Salmon Farm
By Lynda Kiernan-Stone, Global AgInvesting Media Norwegian, Swedish, Icelandic, and Dutch investors are backing Icelandic company GeoSalmo with €13.4 million (US$14.65 million) to fund the company’s building of a state-of-the-art hybrid, flow-through salmon farm in Ölfus, near Þorlákshöfn, one of the largest fresh fish export hubs
Read moreUniFHAS Closes on Seed Funding to Advance Bacteriophage Technology for Ag and Food
By Lynda Kiernan-Stone, Global AgInvesting Media Before we can even begin to discuss the funding, I think it would be helpful to first answer the question, what are bacteriophages? Coming from the root word “phagein” meaning “to eat”, bacteriophages are, in short, viruses that infect and replicate only in bacteria. Found n
Read morePlatinum Equity Acquires Largest USDA-Certified Organic Dairy Brand in the World
By Lynda Kiernan-Stone, Global AgInvesting Media Platinum Equity announced it has signed a definitive agreement to acquire Horizon Organics, the largest USDA-certified organic dairy brand in the world and a pioneer in the dairy sector, from Danone for an undisclosed amount. The deal also includes Wallaby, a popular Australian-inspired
Read moreM&G Investments Makes $75M Investment in Biobest
By Lynda Kiernan-Stone, Global AgInvesting Media Biobest is on quite a run. Directly on the heels of closing on €120 million ($126.8 million) and announcing its acquisition of Brazilian biologicals leader Biotrop in September 2023, the pollination and integrated biologicals leader announced it has now gained another $75 million investmen
Read moreCal-Maine Foods Acquires Shuttered Tyson Assets
By Lynda Kiernan-Stone, Global AgInvesting Media Cal-Maine Foods, the largest producer and distributor of fresh shell eggs in the U.S., announced it has agreed to acquire shuttered assets belonging to Tyson Foods consisting of a broiler processing plant, hatchery, and feed mill located in Dexter, Missouri. Once the transaction is closed
Read moreNewLeaf Symbiotics Closes $45M Series D
By Lynda Kiernan-Stone, Global AgInvesting Media Agricultural biotech leader NewLeaf Symbiotics (NewLeaf) has closed a fully funded $45 million Series D led by new investor Gullspång Re:food, with participation from Otter Capital Partners LP, S2G Ventures, Leaps by Bayer and other unnamed backers. NewLeaf is a pioneer and global
Read more