Cargill Closes $200M in Debt Financing for Indoor Ag Company Local Bounti
By Lynda Kiernan-Stone, Global AgInvesting Media Montana-based indoor ag company Local Bounti has closed on a previously announced $200 million debt financing facility with Cargill, which is also a recent investor in the company, according to a press release. Playing the roles of both an investor and a lender to the company demonstrate
Read moreHNRG Acquires Two Eucalyptus Plantations in Mato Grosso do Sul
By Lynda Kiernan-Stone, Global AgInvesting Media Hancock Natural Resource Group (HNRG), a company of Manulife Investment Management, has made its second Brazilian timberland deal for the year so far (third for its timberland and agriculture team in South America), stating that the expansion of its timberland portfolio in Brazil is a strateg
Read moreCanada’s Semios Acquires Australia’s Agworld to Form Global Agtech Giant
By Lynda Kiernan-Stone, Global AgInvesting Media Leading Canadian permanent crop precision farming platform Semios announced it has acquired Agworld, an Australian data-driven farm management platform resulting in one of the largest independent agtech solution providers in the world. Founded in Vancouver in 2010, Semios offers real-tim
Read moreGladstone is Rollin’ – Closing On Another Two Deals Within a Week
By Lynda Kiernan-Stone, Global AgInvesting Media Not even ten days before writing this, Gladstone Land announced it had closed on a $42.3 million deal for farmland, blueberry plantings, and improvements situated in Kern County, California, and Yamhill County, Oregon. Within a week’s time following this deal, the company announced anoth
Read moreBiome Makers Raises $15M Series B For Soil Biology Analysis
By Lynda Kiernan-Stone, Global AgInvesting Media Think of it as 23 & Me, but for soil. That’s what Biome Makers is achieving through its patented technology integrating DNA sequencing and ecological computing technologies to better understand the soil microbiome. In support of this important work, Prosus Ventures has led a $15 mi
Read moreLewis & Clark Leads $10M in Growth Funding For Beta Hatch
photo credit: Beta Hatch By Lynda Kiernan-Stone, Global AgInvesting Media Seattle, Washington-based Beta Hatch, a startup focused on the commercialization of the sustainable production of insects as a protein source in animal feed, has secured another $10 million in growth capital led by Lewis & Clark Agrifood, and including existing
Read moreHewitt Cattle Australia Acquires Tubbo Station for More Than A$40M
By Lynda Kiernan-Stone, Global AgInvesting Media Hewitt Cattle Australia, a joint partner of Canadian pension fund – Public Sector Pension Investment Board (PSP Investments) - has acquired the historic Tubbo Station in the Riverina region of New South Wales for an amount that was described by listing agent Col Medway as “above the A$40
Read moreApeel Secures Another $250M in Funding, Reaches $2B Valuation
By Lynda Kiernan-Stone, Global AgInvesting Media It wasn’t that long ago that Apeel had raised $250 million in capital, bringing the company’s valuation north of $1 billion, and giving it unicorn status. Little more than a year later, the company has secured another $250 million in Series E capital commitments led by returning inves
Read moreSolum Partners Acquires Majority Stake in Monte Vista Farming Company
By Lynda Kiernan-Stone, Global AgInvesting Media Solum Partners has made its second investment since its spin-out from Harvard Management in October 2020 - acquiring a majority position in Monte Vista Farming Company, a California-based almond huller, sheller, and processor. Solum Partners began at the height of the pandemic, in Octo
Read moreCropX Acquires EU Crop Optimization Platform Dacom Farm Intelligence
By Lynda Kiernan-Stone, Global AgInvesting Media Following its acquisitions of Nebraska-based CropMetrics and New Zealand-based ReGen last year, CropX has announced its acquisition of Netherland-based crop optimization platform Dacom Farm Intelligence. “This is our third acquisition since the beginning of 2020 as we continue to execu
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