Kate Farms Closes on $75M Series C for Plant-Based Nutritional Healthcare
By Lynda Kiernan-Stone, Global AgInvesting Media Although there is admittedly still much we don’t know about the connection and interaction between our genes and the foods we eat, personalized nutrition, and by proxy, functional foods and beverages, have been noted as being some of the key drivers in the evolution of the food industry.
Read moreSte. Michelle Expands Pacific NW Portfolio, Acquires Leading Oregon Winery
By Lynda Kiernan-Stone, Global AgInvesting Media Ste. Michelle Wine Estates, the largest winery in the Pacific Northwest and third largest premium winery in the U.S., has made its first major acquisition since being acquired last year by private equity house Sycamore Partners Management for $1.2 billion in cash. Ste. Michelle dominates
Read moreIncofin Leads $40M in European Capital Commitments for First Farmer-Led Company in India
By Lynda Kiernan-Stone, Global AgInvesting Media India is a top global producer of many agricultural products, ranking second in fruit and vegetable production only to China, producing 102.48 metric tons of fruit and 200.45 metric tons of vegetables according to the Ministry of Commerce & Industry, Government of India. It also is a yo
Read moreVeripath Acquires 1,600 Acres in Alberta; Portfolio Reaches 95K Acres
By Lynda Kiernan-Stone, Global AgInvesting Media Calgary-based Veripath Farmland Partners’ (Veripath) R fund has made its second acquisition in as many months, acquiring an additional 1,600 acres of farmland in Alberta to bring total acres under management to 95,000. Launched in mid-2020 amid a global pandemic, Veripath has rapidly g
Read morePuna Bio Raises $3.7M to Repair and Restore Soil Health Using Extremophiles
By Lynda Kiernan-Stone, Global AgInvesting Media For 20 years Puna Bio’s team has studied and made discoveries in the Puna de Atacama of the Andes - the highest altitude desert at 4,500 meters (14,764 feet) above sea level. The highest and driest desert on Earth, “La Puna” receives only one-fifth the rainfall of Death Valley, and is h
Read moreSugar Refiner Sucro Closes on $225M Credit Facility Led by Rabobank
By Lynda Kiernan-Stone, Global AgInvesting Media A total of eight lending participants committed to backing an oversubscribed $225 million revolving credit facility led by Rabobank as the sole Lead Arranger, sole Bookrunner, and Administrative Agent for North American integrated sugar refiner Sucro Can Sourcing. Initially launched at $
Read moreGotham Greens Raises $310M in New Capital, Acquires Major East Coast Grower
By Lynda Kiernan-Stone, Global AgInvesting Media New investors BMO Impact Investment Fund (IIF), a sustainability-focused investment fund of the Bank of Montreal (BMO), has stepped up along with Ares Management funds to lead a $310 million Series E for indoor farming pioneer Gotham Greens. This round, which was also backed by new investo
Read moreWalhallow Aggregation Back on the Market After A$250M Deal Falls Through
By Lynda Kiernan-Stone, Global AgInvesting Media News broke in early August that billionaire Brett Blundy had agreed to sell the Walhallow aggregation in the Northern Territory to a Sydney-based asset manager in a record-smashing deal for A$250 million (US$172.36 million). At the time, it was noted that if the deal, which is being ma
Read moreLa Maison Younan Acquires Third Vineyard in Bordeaux
By Lynda Kiernan-Stone, Global AgInvesting Media La Maison Younan, a subsidiary of Younan Company, a global private equity firm specializing in the acquisition and management of a range of assets and companies in the luxury consumer space, has acquired its third vineyard in the renown Grand Cru region of Saint-Émilion, Bordeaux, France, fo
Read moreConti Ventures Leads $35M Series B for PatternAg’s Metagenomics Platform
By Lynda Kiernan-Stone, Global AgInvesting Media Conti Ventures has led a $35 million Series B for PatternAg Inc. in support of the company’s breakthrough metagenomics platform. Conti was joined by Bidra Innovations and existing investors The Production Board, Valor Capital Group, Founders Find, iSelect, LAUNCH, and Ospraie Ag Sciences.
Read more