Pure Harvest Acquires RedSea’s CEA Facility in Saudi Arabia
By Lynda Kiernan-Stone, Global AgInvesting Media UAE-based sustainable, tech-driven agribusiness Pure Harvest Smart Farms (Pure Harvest) and climate smart tech developer RedSea have signed a Letter of Intent (LOI) for Pure Harvest to acquire RedSea’s existing six-hectare controlled environment agriculture (CEA) production facility in Sau
Read moreAfrican Agriculture Becomes First Pure-Play U.S.-Listed Ag Company Operating in Africa
photo credit: African Agriculture By Lynda Kiernan-Stone, Global AgInvesting Media African Agriculture focuses on harnessing the vast agricultural potential in Africa to secure food and protein for the coming century. The continent is home to 60 percent of the world’s remaining arable land, and the company’s mission is to leverage i
Read moreWeyerhaeuser Executes Two Deals with Forest Investment Associates
By Lynda Kiernan-Stone, Global AgInvesting Media Started in 1900, Weyerhaeuser Company is a real estate investment trust (REIT) and one of the largest private owners of timberland in the world, controlling about 11 million acres in the U.S. and managing additional timber assets under long-term licenses in Canada. It also is one of the larg
Read moreAgroSpheres Brings Total Series B Funding to $25M
photo credit: AgroSpheres By Lynda Kiernan-Stone, Global AgInvesting Media Founded in 2016 by COO Payam Pourtaheri and CTO Ameer Shakeel, AgroSpheres’ mission is to dramatically improve the delivery of pesticides, making them more effective, cheaper, and more environmentally-friendly. Working to transform agriculture through reliab
Read moreAMERRA Capital Management Divests Bluefin Tuna Rancher Baja Aqua-Farms
By Lynda Kiernan-Stone, Global AgInvesting Media An investor consortium comprising Continental Grain Company (Conti), publicly listed, Mexican food and beverage-focused holding company Organización Cultiba SAB de CV (Cultiba), and private equity firms Equity Group Investments (EGI) and Castle Harlan, have made an investment in Baja Aqua-F
Read moreProtein 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
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