Red Sea Farms Raises $10M To Grow Crops With Salt Water
By Lynda Kiernan-Stone, Global AgInvesting Media Saudi Arabian agtech startup Red Sea Farms announced it has raised $10 million from a collective of leading Saudi and UAE investors to advance its one-of-a-kind technology for the commercial farming of crops using primarily salt water. This investment reflects one of the largest agtech i
Read moreIsraeli Startup Arugga Raises $4M Pre-Series A Funding for Robotic Indoor Pollinator
By Lynda Kiernan-Stone, Global AgInvesting Media From apples to almonds to alfalfa grown for cattle feed, every year crops valued at $20 billion depend on bees, which also produce $150 million in honey every year, for survival. It’s widely known that bees have been having a hard time of it for decades. There has been a widely tracked
Read moreGladstone Acquires Blueberry Orchard, Packing and Shipping Facility in New Jersey
By Lynda Kiernan-Stone, Global AgInvesting Media Gladstone Land continues to expand its holdings in the Mid-Atlantic region of the U.S., announcing its acquisition of 116 gross acres of farmland, including 100 acres of blueberry bushes along with a fresh packing and shipping facility in Hammonton, New Jersey, for approximately $2.2 million.
Read moreJapan’s SBI Group Commits $2M to Sri Lanka Watawala Dairy Farm
By Lynda Kiernan, Global AgInvesting Media SBI Ven Holdings, the overseas private equity firm of Japan’s SBI Holdings, has committed a $2 million in exchange for a 11 percent stake in investment in Watawala Dairy Farm, one of the leading agribusiness companies in Sri Lanka. Begun as a pilot project called Lonach Farm in March 2016 wi
Read moreKula Bio Secures $10M in Seed Funding For Next-Gen Biofertilizer
By Lynda Kiernan, Global AgInvesting Media Ninety percent of the fertilizer used today - a significant contributor to global greenhouse gas emissions - remains synthetic. Not only harmful to the atmosphere, these synthetic fertilizers also have detrimental effects on local water supplies and environments. However, “Consumer concerns o
Read moreBowery Raises $300M Series C – The Largest Private Fundraise To-Date For Indoor Farming
By Lynda Kiernan, Global AgInvesting Media High-tech, indoor, vertical farming startup Bowery Farming has raised the largest private funding round to-date in the indoor farming category - a $300 million Series C led by Fidelity Management & Research Company LLC that brings total funding to-date for the company to $472 million, and gives
Read moreTerviva Raises $54M to Commercialize Sustainable Pongamia Oil, Protein, Partners With Danone
By Lynda Kiernan, Global AgInvesting Media California-based agriculture and food company Terviva announced it has raised $54 million in funding to develop and commercialize new-to-market sustainable culinary oil and plant protein from the pongamia tree. Before the close of this quarter, the company expects to raise an additional $24 million
Read moreIbex Investors Leads $11M in Funding for Groundwork BioAg to Advance Bio Agriculture
By Lynda Kiernan, Global AgInvesting Media There are multiple types of “good” fungi that establish relationships with plants that are mutually beneficial - these relationships are called mycorrhizae, and the microorganisms are called mycorrhizal fungi. However, over time these naturally occurring and beneficial microbes have been destro
Read moreDanone Finalizes Sale of Nearly $2B Stake in China Mengniu Dairy
By Lynda Kiernan, Global AgInvesting Media Food and beverage giant Danone SA has finalized the sale of its 9.8 percent stake in China Mengniu Dairy Co., a leading Chinese manufacturer and distributor of dairy products, in a deal valued at $1.98 billion based on Mengniu Dairy’s market capitalization of approximately 166 billion Hong Kong d
Read moreGinkgo Bioworks to Acquire Fungal Tech Platform, Dutch DNA
By Lynda Kiernan, Global AgInvesting Media Boston-based biotech giant Ginkgo Bioworks (Ginkgo) has agreed to acquire Dutch DNA Biotech B.V., a proprietary tech platform focused on the development of fungal strains and fermentation processes for the production of proteins and organic acids. It was only a matter of weeks ago that GAI New
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