The World Bank’s IFC Invests $50M in BTG Pactual’s Latin American Reforestation Strategy
By Gerelyn Terzo, Global AgInvesting Media In its maiden engagement with an institutional timberland investment manager, the International Finance Corporation (IFC), a World Bank Group division, has committed $50 million to jumpstart BTG Pactual's Timberland Investment Group (TIG) Latin American reforestation strategy. The announcement was
Read moreMission-Driven Grounded Capital Makes Back-to-Back Equity Investments This Summer
By Gerelyn Terzo, Global AgInvesting Media This summer, Grounded Capital, a San Francisco-based SEC-registered investment advisor, has made back-to-back investments to support sustainable food production in the United States. These included a $22.5 million investment into Lotus Foods coupled with a new equity investment into the Straus Fam
Read moreJBS-Owned Huon Aquaculture Earmarks A$110 M for Land-Based Salmon Production
By Gerelyn Terzo, Global AgInvesting Media Australia-based Atlantic salmon producer Huon Aquaculture, which is 100 percent backed by Brazilian food giant JBS, has committed to invest A$110 million (US$71.8 million) to bolster land-based salmon production at its Whale Point site in southern Tasmania. Huon, Australia's No. 2 salmon producer
Read moreFarmland LP Secures Trio of California Almond Ranch Acquisitions Including Water Rights
By Gerelyn Terzo, Global AgInvesting Media Farmland LP, a California-based investment firm dedicated to transforming conventional farmland into sustainable organic farms, has announced the acquisition of three properties in Northern California’s Sacramento Delta across 2,625 acres for a combined price tag of $35.6 million. The farms, all
Read morePE Firm Manna Tree Takes Majority Stake in Organic, Grass-Fed Beef Company Verde Farms
By Gerelyn Terzo, Global AgInvesting Media Manna Tree Partners, a global private equity firm based in Vail, Colorado, and focused on nutrition, has taken a controlling interest in Verde Farms, a Woburn, Massachusetts, company that produces 100 percent grass-fed and pasture-raised beef. As a follow on to a minority $15 million stake taken i
Read moreAustralia’s Regal Partners Takes Minority Stake in Water Rights Manager Argyle Group
By Gerelyn Terzo, Global AgInvesting Media Consolidation is afoot in Australia's water entitlement market. In its second acquisition in a matter of weeks, ASX-listed Regal Partners has announced it will take a 40 percent stake in Argyle Group, which invests in a diverse portfolio of water entitlements, combining two of the country's bigges
Read moreVCs Flock to Agtech Startup Farmblox in $2.5M Oversubscribed Seed Round
By Gerelyn Terzo, Global AgInvesting Media Agtech startups have proven to be the rainmakers in the current dealmaking environment, including Boston-based Farmblox. The company is behind a farm automation system and just raised $2.5 million in a seed round to bring AI and automation to North American farms. Farmblox connects equipment and i
Read moreLAWD Oversees Sale of Queensland’s Flagship Moorabinda Beef Production Property
By Gerelyn Terzo, Global AgInvesting Media LAWD, a national Australian real estate firm that specializes in the agriculture industry, is overseeing the sale of Moorabinda, one translation of which is "foot of the hill" and which it describes as the "jewel in the crown of Queensland's finest beef production region". The property, which is c
Read moreGrowUp Secures £38 Million From Generate Capital for Vertically Farmed Leafy Green Production
By Gerelyn Terzo, Global AgInvesting Media GrowUp, a London-based vertical farm startup, has secured a £38 million (US$49.1 million) investment from Generate Capital, a San Francisco-headquartered sustainable infrastructure platform, to produce locally grown, pesticide-free greens. GrowUp will direct the proceeds, which represent Generate
Read moreJapan’s SMTB Builds on Local Trend to Back Aussie’s Laguna Bay Fund 2
By Gerelyn Terzo, Global AgInvesting Media Building on a trend set in motion by the Development Bank of Japan (DBJ), Sumitomo Mitsui Trust Bank (SMTB) has committed to invest in Laguna Bay Fund 2, overseen by Brisbane, Australia-based Laguna Bay Group. Tokyo's SMTB has signed on as an impact equity investor as part of a broader strategy in
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