Divert Gains $1B in Backing to Decarbonize North America’s Food Value Chain
By Lynda Kiernan-Stone, Global AgInvesting Media Founded in 2007, Divert is a Massachusetts-based impact tech company on a mission to Protect the Value of Food™. Through the creation of advanced technologies and sustainable infrastructure, Divert drives positive social and environmental change through its end-to-end solutio
Read moreRegenerative Food Leader Wide Open Agriculture Secures A$12M with National Australia Bank
By Lynda Kiernan-Stone, Global AgInvesting Media Wide Open Agriculture (WOA), Australia’s leading ASX-listed regenerative food and agriculture company, announced it has secured up to A$12 million (US$8 million) in debt facilities with National Australia Bank (NAB) to support the company’s growth in manufacturing plant-based beverages.&
Read moreWNWN Food Labs Closes on $5.6M Series A for Cocoa-Free Chocolate
By Lynda Kiernan-Stone, Global AgInvesting Media Let’s face it, the relationships we have with our most beloved foods can be complex. Climate change, rising costs, ethics issues associated with production and processing, and health issues plague many of our go-to favorites like chocolate, for example. And in some cases, the challenges ev
Read moreFuture Fields Closes on $11.2M Seed Funding to Turn Fruit Flies into Bioreactors
By Lynda Kiernan-Stone, Global AgInvesting Media The cross-industry need for bioreactor capacity is massive, and not being met. When examining just one engaged industry - the production of cultivated edible protein - Future Fields explained that 10 billion liters of bioreactor capacity will be needed by 2030, when currently there exists on
Read moreWSIB Allocates $400M Across Two Farmland Funds
By Lynda Kiernan-Stone, Global AgInvesting Media Washington State Investment Board (WSIB) has allocated a total of $400 million into a separate account with UBS Farmland Investors and a Homestead Capital USA Farmland Fund IV. The capital was dedicated to the Olympic Sun separate account that was launched with a cornerstone investm
Read morePlenty, Realty Income Form $1B Strategic Alliance for Vertical Farm Development
By Lynda Kiernan-Stone, Global AgInvesting Media Leading vertical farming pioneer Plenty and Realty Income, a REIT-structured real estate investor, announced their strategic alliance to provide up to $1 billion in support of the development of Plenty’s indoor vertical farms. "We are pleased to announce this strategic relationship with
Read moreExponent Acquires IFF’s Flavor Specialty Ingredients Business for $220M
By Lynda Kiernan-Stone, Global AgInvesting Media UK-based private equity firm Exponent has entered into an agreement to acquire IFF’s Flavor Specialty Ingredients (FSI) business in an all-cash deal for $220 million. IFF’s FSI is a leading producer of specialty base aromas with a wide range exceeding 1,000 aroma chemicals and natural
Read moreCibus Fund II Acquires Alba Trees
By Lynda Kiernan-Stone, Global AgInvesting Media Sustainable ag and food investor Cibus Fund II has acquired Alba Trees Limited, a sustainable forestry nursery founded in 1988, for an undisclosed sum. Based in East Lothian, Scotland, Alba Trees is pioneering the supply of cell-grown trees for the forestry sector. Since its foundin
Read moreElo Life Systems Closed a $24.5M Series A for Molecular Farmed Monk Fruit Sweeteners
By Lynda Kiernan-Stone, Global AgInvesting Media Elo Life Systems was spun out of biotech company Precision BioSciences in late 2021. At the time, Michael Amoroso, CEO of Precision BioSciences, commented, “Elo is now a separate food and agriculture business, with independent financial resources and focused core capabilities to s
Read moreMission Produce, Criterion Africa Partners, ZZ2 Boerdery Form JV to Expand Avocado Production to 1,000 He
By Lynda Kiernan-Stone, Global AgInvesting Media Mission Produce, a vertically integrated, global leader in the avocado business, has partnered with Criterion Africa Partners (CAP), a private equity firm developing assets in the forestry value chain in Sub-Saharan Africa, and ZZ2 Boerdery (ZZ2), one of South Africa’s largest farming comp
Read more
