Lever VC Announces Final Close on Fund I at $80M; Plans Fund II For Early 2022
photo credit: Lever VC By Lynda Kiernan-Stone, Global AgInvesting Media Headquartered in Hong Kong, early-stage alternative protein investor Lever VC has connections with some of the top global names in the category, with partners Lawrence Chu and Nick Cooney being early investors in Beyond Meat, Kite Hill, Impossible Foods, Aleph Farms,
Read moreDBJ Invests in TIR Forestry Fund II
By Lynda Kiernan-Stone, Global AgInvesting Media Financial investors in Japan admittedly don’t have much exposure to forestry investments. However, the Development Bank of Japan (DBJ) is looking to foster a shift, beginning with its investment in the TIR Europe Forestry Fund II. With an executive leadership team averaging more than 2
Read moreAgricorp International Raises $17.5M to Become Largest Spice Export Startup in Africa
By Lynda Kiernan-Stone, Global AgInvesting Media With uses that span not only the food sector, but also the health and beauty and pharmaceutical industries as well, the global spice market is a multibillion dollar industry. In 2019 the global spice market was valued at $13.77 billion, according to grandviewresearch.com, which estimates
Read moreBlue Horizon, Novalis Lead Oversubscribed $116M Series D for AgBiome
By Lynda Kiernan-Stone, Global AgInvesting Media "The impact of synthetic pesticides on the environment and human health is in the spotlight like never before, with customers and lawmakers alike demanding alternatives," said Przemek Obloj, managing partner, Blue Horizon. A shrinking base of arable farmland, tight supply of traditional ag
Read moreVeripath Farmland Partners Acquires 10,500 Acres of Farmland in Alberta
By Lynda Kiernan-Stone, Global AgInvesting Media Since its formal launch in mid-2020, Calgary-based Veripath Farmland Partners (Veripath) has rapidly grown, today reaching approximately $170 million AUM. The latest addition to its portfolio came in the form of the recent acquisition of 10,500 contiguous acres of farmland in Alberta, Canada,
Read moreLouis Dreyfus Completes Sale of 45 Pct Stake to Abu Dhabi Sovereign Wealth Fund ADQ
By Lynda Kiernan-Stone, Global AgInvesting Media It’s official. Louis Dreyfus Company (LDC) has completed the sale of a 45 percent stake in the closely held company to Abu Dhabi’s largest holding company ADQ, marking the first time LDC has opened itself up to a non-family stakeholder in its 170-year history. Financial details of t
Read moreFoodtech Company Plantible Raises $21.5M Series A to Redefine Plant-Based Proteins
By Lynda Kiernan-Stone, Global AgInvesting Media Launched in 2018 by co-founders Tony Martens and Maurits van de Ven, Plantible is developing what it calls the “next generation of plant-based food ingredients” by processing the aquatic plant lemna, or what is more commonly known as duckweed. A significant risk associated with our exi
Read moreNew Forests and AIMCo Acquire Lawson Grains From Macquarie for $600M
By Lynda Kiernan-Stone, Global AgInvesting Media Canadian institutional investor AIMCo and global forestry investment manager New Forests have a history of partnering on sustainable forestry and carbon market investments in Australia, New Zealand, and the U.S. that reaches back for more than 10 years. Their latest co-investment, however,
Read morePromised Land Closes On $50M, Acquires North Carolina Farmland for $29M
By Lynda Kiernan-Stone, Global AgInvesting Media If I’m not mistaken, Promised Land Opportunity Zone Farms I LLC is a new name to GAI News, even if its property manager is not. Created as a Qualified Opportunity Zone Business as described by the Tax Cuts and Jobs Act of 2017, Promised Land was founded by Chicago-based investment mana
Read moreFortissimo Leads $30M Series B For Fieldin
By Lynda Kiernan-Stone, Global AgInvesting Media Fieldin has come a long way since it raised $4 million in 2018. The startup is now serving five of the 10 largest farms in California, and facilitating more than 20 percent of the world’s total almond production. In support of continuing this growth, Fortissimo Capital has led a $30 mil
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