Aanika Biosciences Closes $12M Series A For Food Tracing Technology
By Lynda Kiernan-Stone, Global AgInvesting Media Co-founded only in 2018, biotech startup Aanika Biosciences announced it has closed on a $12 million Series A to create a safer food supply through more advanced food tracing technology. This round was led by Jon Cholak of Adit Ventures, and includes Draper Associates and SOSV. Aanik
Read moreLaguna Bay’s Woorndoo Aggregation Acquired by Two Farming Families For Approximately A$70M
photo credit: LAWD By Lynda Kiernan-Stone, Global AgInvesting Media In early October Global AgInvesting News shared that LAWD and Elders had been called upon by Laguna Bay Pastoral Company, an Australian full-service institutional investment management firm specializing in the agri sector, to manage the sale of the Woorndoo aggregation
Read morePaine Schwartz, Co-Investors Acquire 50 Pct Stake in Hendrix Genetics
By Lynda Kiernan-Stone, Global AgInvesting Media Building on its long history of partnering with founder or family-owned companies, Paine Schwartz Food Chain Fund V (Fund V) has entered into an agreement to acquire a 50 percent stake in Hendrix Genetics, along with its affiliated co-investors. In connection with the transaction, inves
Read moreNuritas Raises $45M to Scale Plant and Food-Sourced Peptide Platform
By Lynda Kiernan-Stone, Global AgInvesting Media I’m going to share something here. I’m not proud of it, but when I first read about this fundraising my first thought was “That’s fantastic! What’s a peptide?” So off I went to educate myself. Very briefly, peptides are similar to proteins. They are short chains of two or more
Read moreBrief: Gladstone Land Acquires Oregon Farmland for $2.4M
By Lynda Kiernan-Stone, Global AgInvesting Media Gladstone Land has announced its sixth deal since the beginning of August - this time, a $2.4 million deal in the Pacific Northwest. The REIT’s latest acquisition is 165 gross acres of farmland located near Milton-Freewater, Oregon, on which the company plans to plant a vineyard. And as
Read moreMirae Leads $500M Funding Round For Impossible Foods
By Lynda Kiernan-Stone, Global AgInvesting Media Mirae Asset Management has led a $500 million funding round for Impossible Foods, bringing total funding raised by the company since its launch in 2011 to nearly $2 billion. This round follows an incredible 2020 for the company, during which it raised $500 million in March (also led by
Read moreNew Culture Closes on $25M Series A in Support of Animal-Free Cheese
By Lynda Kiernan-Stone, Global AgInvesting Media While many startups claiming to make animal-free cheeses use starches, soy, or nuts to mimic the texture and characteristics of traditional cheese, New Culture is pioneering a new method of combining traditional cheesemaking methods with fermentation and food science to create the first anima
Read moreMilltrust Agricultural Investments Acquired by Future Planet Capital
By Lynda Kiernan-Stone, Global AgInvesting Media Future Planet Capital, a global impact and innovation investment group, has acquired Milltrust Agricultural Investments through a transaction that also included the acquisition of financial consulting firm RT Capital. Under the mandate of “Sustainable Prosperity”, Milltrust Internat
Read moreCVC Capital Partners Fund VIII Acquires Unilever’s Global Tea Business For US$5B
By Lynda Kiernan-Stone, Global AgInvesting Media CVC Capital Partners Fund VIII has agreed to acquire Unilever’s global tea business, ekaterra, for €4.5 billion (US$5.04 billion) through a cash-free, debt-free deal. With a network of 25 offices throughout Europe, Asia, and the U.S., and $125 billion in AUM, CVC stands as a leadin
Read moreJBS Enters Cultivated Protein With Acquisition of BioTech Foods And $100M Investment
By Lynda Kiernan-Stone, Global AgInvesting Media JBS, the largest protein company in the world, has entered the cultivated protein space and has agreed to acquire Spain-based BioTech Foods. Along with the acquisition, the company unveiled plans to build a new plant for BioTech Foods in Spain to scale up production, along with its plans
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