Protein Industries Canada Backs Three Companies Partnering to Advance Plant-Based Salmon
By Lynda Kiernan-Stone, Global AgInvesting Media Protein Industries Canada is one of five Global Innovation Clusters that since 2018 has invested or co-invested nearly CAD$500 million (US$368.50 million) in innovations relating to plant-based foods, feed, and ingredients. In February 2023, the initiative received an additional CAD$150
Read moreINVL Baltic Sea Growth Fund Acquires Galinta Group
By Lynda Kiernan-Stone, Global AgInvesting Media Here’s something we don’t speak of often - buckwheat. Did you know that buckwheat is not a form of wheat? And is, in fact, not a grain, or even a grass, but a type of seed (called a “groat” - simply meaning a hulled seed) harvested from plants that are related to rhubarb? I didn
Read moreAIMCo and New Agriculture Agree to Acquire 2.9M Ha. Kimberly Cattle Portfolio
By Lynda Kiernan-Stone, Global AgInvesting Media Alberta Investment Management Corporation (AIMCo) and its investment partner New Agriculture have agreed to acquire the 2.9 million-hectares (7.2 million-acre) Kimberley Cattle Portfolio that was placed on the market earlier this fall through a listing managed by LAWD. Financial details of t
Read moreHancock Agriculture Boosts Wagyu Business With Split Rock Dairy Acquisition
By Lynda Kiernan-Stone, Global AgInvesting Media In May 2023, Hancock Agriculture acquired Moolan Downs and Ottley Station from Packhorse Pastoral for approximately A$80 million (US$52 million), as part of a wider restructuring of the group’s portfolio and focus as it looks to expand its Wagyu beef operations. Hancock Agriculture expl
Read moreTômTex Lifts Seed Funding to $4.15M for Shrimp and Mushroom-Based Biomaterials
By Lynda Kiernan-Stone, Global AgInvesting Media Basing its name on tôm, the Vietnamese word for shrimp, Brooklyn, New York-based TômTex is working to simultaneously address the issues surrounding waste in both the food and textile industries with one sustainable, affordable solution. Founder Uyen Tran, a trained designer born a
Read moreAqua-Spark Leads $1.7M Funding for Aquarech, Kenya’s First Fish Farming Platform
photo credit: Aquarech By Lynda Kiernan-Stone, Global AgInvesting Media By 2050 the population of the Sub-Saharan region is expected to double from 1 to 2 billion people. This explosive increase will lead to fish demand that dwarfs what we see today – with forecasts of demand increasing from 10 million metric tons per year today to be
Read moreJapan’s Mitsui Invests in Egyptian Integrated Poultry Business Wadi Poultry
By Lynda Kiernan-Stone, Global AgInvesting Media Japan’s Mitsui & Co. Ltd. (Mitsui) has agreed to invest in Wadi Poultry, an Egyptian integrated poultry business encompassing the production of breeding chickens, the production and processing of broilers, the manufacturing of processed foods, the sale and distribution of these product
Read moreThe Duckhorn Portfolio Agrees to Acquire Chardonnay Producer Sonoma-Cutrer in $400M Deal
By Lynda Kiernan-Stone, Global AgInvesting Media M&A in the U.S. luxury wine market is having a moment - activity that is reflective of expectations for the global sector. From a value of $229.4 billion in 2021, global luxury wines and spirits are forecasted to grow at a CAGR of 6.2 percent from 2022 - 2031 to land at a value of $414.8
Read moreSolar Foods Raises €8M in a Series B Financing
photo credit: Solar Foods By Lynda Kiernan-Stone, Global AgInvesting Media Using renewable energy and air-captured carbon dioxide (CO2) in a complete and continuous mode, Solar Foods makes Solein®, an entirely novel type of nutrient-rich, single-cell protein that has the potential to revolutionize food production as it’s not reliant
Read moreAigen Gets $12M to Scale Solar-Powered Robotic Fleet
photo credit: Aigen By Lynda Kiernan-Stone, Global AgInvesting Media Leaning into their backgrounds in farming, electric vehicles, robotics, and impact investing, Rich Wurden and Kenny Lee founded Aigen in 2020 with the goals of connecting farmers to breakthrough technologies, decarbonizing agriculture, and improving the health of both
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