Cibus, Calyxt Announce Merger Creating Leading Precision Gene Editing and Trait Licensing Co.
By Lynda Kiernan-Stone, Global AgInvesting Media Cibus, a precision agricultural gene editing leader, and Calyxt, a plant-based synthetic biology company, announced a definitive agreement to merge their businesses through an all-stock transaction. The resulting company will combine two pioneers in agriculture-focused gene editing,
Read moreAthlete Investment Platform Patricof Co. Makes Initial Investment in Farmland
By Lynda Kiernan-Stone, Global AgInvesting Media New York-headquartered Patricof Co. was launched in 2018 as a proprietary and unique strategy able to leverage the privileged access to private deals afforded elite professional athletes. Through its advisory services, Patricof Co. helps its athlete clientele develop the knowledge base,
Read moreIMG Citrus Acquires 1,000 Ac. Farmland, Cold Storage in Florida
By Lynda Kiernan-Stone, Global AgInvesting Media Doubling down on its commitment to Florida citrus, integrated fresh citrus company IMG Citrus, a subsidiary of IMG Enterprises, has acquired the assets of J&J Fresh Produce including 1,000 acres of farmland in the Delta Farms water district and a new 185,000 square-foot cold storage and p
Read moreEIB Invests US$50M to Develop RE:OCEAN’s Land-Based Ocean
photo credit: RE:OCEAN By Lynda Kiernan-Stone, Global AgInvesting Media The European Investment Bank (EIB) has made a venture debt investment of SEK 530 million (US$50.85 million) in RE:OCEAN, a company developing Sweden’s first inland, large-scale fish farm in Säffle, Värmland. Currently, Sweden imports nearly all of the salmon c
Read moreReleaf Secures $4.2M to Bring Tech Solutions to Nigeria’s Oil Palm Sector
By Lynda Kiernan-Stone, Global AgInvesting Media Samurai Incubate Africa, Future Africa, and Consonance Investment Managers have led a $2.7 million Seed round, with participation from Stephen Pagliuca, chairman of Bain Capital, and Justin Kan of Twitch, for Releaf, a Nigerian agtech startup developing proprietary hardware and software solut
Read moreNT-Based Beetaloo Aggregation For Sale with Expectations of at Least A$300M
By Lynda Kiernan-Stone, Global AgInvesting Media Colliers Agribusiness is beginning 2023 on a high note, having been appointed by partners Brett Blundy and Jane and Scotty Armstrong as the agents to exclusively market Northern Australia’s most developed cattle property, Beetaloo Aggregation. Located in the Northwestern end of the Barkl
Read morePAI Partners Acquires IFF’s Savory Solutions Group in $900M Deal
By Lynda Kiernan-Stone, Global AgInvesting Media Food and consumer industry-focused private equity firm PAI Partners has entered into an agreement with IFF to acquire its Savory Solutions Group through a deal valuing the business at approximately $900 million. Focusing primarily on ingredients for prepared foods and foodservice, the IF
Read moreEvodiaBio Scores $6.4M to Create Aromas for Foods and Beverages Using Fermentation
By Lynda Kiernan-Stone, Global AgInvesting Media I just learned something really interesting. The human brain has us convinced that when we enjoy a food or beverage it’s due to what we are tasting. But in reality, only 25 percent of that joy is related to taste, the other 75 percent of that experience is due to smell. Thus, there exi
Read moreBenson Hill Agrees to Sell Fresh Business Unit for $21M
By Lynda Kiernan-Stone, Global AgInvesting Media Sustainable food tech innovator Benson Hill is streamlining its business, having announced its agreement to divest its Fresh business unit in a two-part deal for an aggregate sale price of $21 million. Founded in 2012, Benson Hill leverages Cloud Biology®, or the combination of data sci
Read moreLiberation Labs Closes on Impressive $20M in Seed Funding
By Lynda Kiernan-Stone, Global AgInvesting Media Precision fermentation is really not a new technology. For decades it has been used for very specific applications, such as the production of insulin. However, barriers having to do with the costs associated with development of the technology and production have bottlenecked growth - until re
Read more
