ClimateAi Raises Oversubscribed Series A, Launches Climate Platform
By Lynda Kiernan-Stone, Global AgInvesting Media Some of the top investors in the agtech space have backed an oversubscribed $12 million Series A for ClimateAi - a pioneer in applying AI to climate risk modeling. Led by Radical Ventures, the round also included Finistere Ventures and Robert Downey Jr.’s FootPrint Coalition Ventures.
Read moreBrief: BTG Pactual Acquires Two Timber Funds From Rayonier Subsidiary for $35.9M
By Lynda Kiernan-Stone, Global AgInvesting Media This week is big for timber deals in the Pacific Northwest. BTG Pactual Timber Investment Group (TIG) has acquired the management of two timber funds, (Fund III and Fund IV), with a co-investment interest in both vehicles from Olympic Resource Management (ORM), a subsidiary of Rayonier
Read moreInvestment Manager New Forests Acquires 156,000 Ac. of U.S. Forest
By Lynda Kiernan-Stone, Global AgInvesting Media Global investment manager New Forests has acquired 156,000 acres of forest land in the Hilt-Siskiyou Forest - a mixed conifer forest along the border of California and Oregon - from Fruit Growers Supply Company (FGS), alongside an institutional investor client. FGS has a long history in
Read moreTELUS Agriculture and Rabobank Acquire Conservis
By Lynda Kiernan-Stone, Global AgInvesting Media TELUS Agriculture and Rabobank have announced their acquisition of Conservis - a leading independent provider of digital farm management services that integrates disparate farm technologies into one streamlined interface for better farm management. Through Conservis, farmers and institut
Read moreNature’s Fynd Raises $350M Series C
photo credit: Nature's Fynd By Lynda Kiernan-Stone, Global AgInvesting Media From its beginnings in volcanic springs in Yellowstone National Park to your plate - Nature’s Fynd announced it has raised a $350 million Series C to bring its fungi-derived protein called “Fy” to market. This round, which brings the company’s total
Read moreTate & Lyle Sells Majority of Corn-Based Sweeteners Business at Enterprise Value of $1.7B
By Lynda Kiernan-Stone, Global AgInvesting Media Tate & Lyle has announced its agreement to sell a majority stake in its Primary Products division - a production unit that makes corn-based sweeteners, industrial starches, and acidulants in North America and Brazil - to KPS Capital Partners. The deal will result in two new standalon
Read morePivot Bio Raises $430M Series D to Replace Synthetic Fertilizer Using Microbes
By Lynda Kiernan-Stone, Global AgInvesting Media Temasek and DCVC have led a massive $430 million Series D for Pivot Bio, a company revolutionizing nitrogen usage in agricultural production. This round brings total funding for the company to more than $600 million, and is a return for Temasek, which co-led a $100 million Series C for t
Read morePaine Schwartz Partners Acquires Organic, Cold-Pressed Beverage Company Suja Life
photo credit: Suja Life By Lynda Kiernan, Global AgInvesting Media Paine Schwartz Partners has acquired California-based Suja Life, a leader in organic, cold-pressed beverages, including juices, kombucha, and vinegar beverages, from Gold Sachs Asset Management and co-investors for an unspecified amount. Suja sold a 30 percent stake
Read moreOpen Prairie Leads $22M Funding for Proprietary Upcycled Food Ingredient Tech
By Lynda Kiernan-Stone, Global AgInvesting Media Open Prairie has led a $22 million initial close on a Series C for Comet Bio, a tech-driven manufacturer of unique, healthy, sustainable ingredients using its proprietary upcycling technology. Other investors joining the round include Louis Dreyfus Company (LDC), BDC Capital, and existin
Read moreSycamore Partners Acquires Ste. Michelle Wine Estates Through $1.2B Cash Deal
By Lynda Kiernan-Stone, Global AgInvesting Media Sycamore Partners Management, a New York-based private equity firm focused on retail and consumer investments, has acquired Ste. Michelle Wine Estates (SMWE) - the largest winery in the Pacific Northwest, and third-largest premium winery in the U.S. - for $1.2 billion in cash, from tobacco
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