Orbem Closes on EUR30M Series A for AI-Powered Scanning Technology
by Lynda Kiernan-Stone, Global AgInvesting Media German deep-tech company Orbem has closed on a EUR 30 million Series A led by venture investor 83North to advance the company’s AI-driven MRI technology. The round also included new investor La Famiglia and existing investors The Venture Collective, Possible Ventures, Dr. Rüdiger Schmidt,
Read moreBlueNalu Closes $33.5M Series B, Expands Strategic Partnerships Across APAC Region
By Lynda Kiernan-Stone, Global AgInvesting Media San Diego-based cellular seafood company BlueNalu has reportedly closed on a $33.5 million Series B round backed by new and existing investors, according to Agronomics, a venture capital firm that has invested, in aggregate, $8 million across BlueNalu’s Seed, Series A, and pre-Series B rou
Read moreTreetoscope Closes on $7M Seed Round for North American Expansion
By Lynda Kiernan-Stone, Global AgInvesting Media The precision irrigation market has been in an extended period of growth since 2010, and it doesn’t appear to be losing any steam. Valued at $2.24 billion in 2022, the industry is forecast to experience a CAGR of 14.84 percent to reach a value of $4.47 billion by 2027, according to BIS Res
Read moreSolum Partners Backs North American Berry Plant Propagator Nourse Farms
By Lynda Kiernan-Stone, Global AgInvesting Media Boston-based Solum Partners has made an undisclosed investment in North American berry plant propagator Nourse Farms, creating a partnership that will position the company to better accelerate its growth and modernize its propagation footprint. In business for more than 90 years, wh
Read moreUniSuper, PPF and APG Acquire 170,000 Ha. Hardwood Forestry Asset from New Forests-Managed Fund
By Lynda Kiernan-Stone, Global AgInvesting Media Australian superannuation fund UniSuper, UK-based Pension Protection Fund (PPF), and APG Asset Management N.V (APG), on behalf of its Dutch pension fund client ABP, have acquired Forico - a 170,000-hectare hardwood forestry plantation in Tasmania, from a fund managed by New Forests.
Read moreCropX Technologies’ Series C has a New Investor
By Lynda Kiernan-Stone, Global AgInvesting Media Back in April 2023, GAI News shared the close of CropX Technologies' $30 million Series C, led by Aliaxis SA, a global leader enabling access to water and energy through innovative fluid management systems, and including Edaphon, Finistere Ventures, NTT Finance Corporation, OurCrowd, Reinke
Read morePeru’s Viru Group Acquires Superior Foods International
By Lynda Kiernan-Stone, Global AgInvesting Media Major Peruvian agro and food companies are on the move! Only days ago, we shared that Peruvian international fishing and processing group Oceano Seafood had acquired Sea Fresh USA, one of the largest suppliers of premium, wild-caught squid in the U.S., for an undisclosed amount, representing
Read moreRobots Among Us – Bonsai Robotics Closes $13.5M Seed Round
By Lynda Kiernan-Stone, Global AgInvesting Media The rise of robots in agricultural production represents a promising trend that addresses an array of challenges faced by the farming industry: labor shortages, the need for increased efficiency and sustainability, threats to farm laborer welfare due to severe conditions such as extreme heat
Read moreBiodel Ag Closes Series A to Advance Novel Regenerative Ag Solutions
By Lynda Kiernan-Stone, Global AgInvesting Media On November 15, 2021, the world population surpassed 8 billion on its way to breaching 10 billion by 2050. Connected with the expectation is the need to produce more food than has been produced in the past 10,000 years combined (staggering!). To accomplish this, it would require a 7
Read moreOceano Seafood Acquires Leading Global Wild-Caught Squid Company, Sea Fresh USA
By Lynda Kiernan-Stone, Global AgInvesting Media Lima, Peru-based international fishing and processing group Oceano Seafood has acquired Sea Fresh USA, one of the largest suppliers of premium, wild-caught squid in the U.S., for an undisclosed amount, representing not only Oceano’s expansionary goals, but its first acquisition in the U.S.
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