Ginkgo 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
Read moreNextWorld Evergreen Invests $45M in Global Açaí Leader Sambazon
Photo credit: Sambazon By Lynda Kiernan, Global AgInvesting Media Based in San Clemente, California, and with operations in Brazil, Sambazon is a global leader in açaí-based foods and beverages. Açai is a high-antioxidant fruit that grows atop palm trees in the Amazon Rainforest, leading to Sambazon being an acronym for “Sustainab
Read moreEat Just’s GOOD Meat Division Raises $170M in Funding to Scale Up Production
By Lynda Kiernan, Global AgInvesting Media Founded in 2011 with a mission to build a healthier, safer, and more sustainable food system, Eat Just has applied cutting-edge technology to create JUST Egg – the fastest-growing plant-based egg brand in America, and GOOD Meat – the world’s first-to-market cellular lab-grown meat. This wo
Read moreMemphis Meats Rebrands As Upside Foods With Investment From Whole Foods Founder John Mackey
By Lynda Kiernan, Global AgInvesting Media The meat alternative space is increasingly crowded, and a company’s gotta do what a company’s gotta do to differentiate, gain consumer loyalty, and secure market share with an eye toward the future of the industry. Cell cultivated meat was considered science fiction only a few years ago. To
Read morePSP-Backed Australian Food & Fibre Acquires Australian Cotton Producer Auscott
By Lynda Kiernan, Global AgInvesting Media Australian Food & Fibre (AFF) has acquired 100 percent of Auscott, the biggest integrated cotton business in Australia including farmland, ginning infrastructure, warehouses, and marketing operations for an undisclosed amount from U.S.-based owner J.G. Boswell Company. Although the financia
Read morePendulum Capital Is Cornerstone For $3.7M Capital Raising by Alterra for Avocado Project
By Lynda Kiernan, Global AgInvesting Media Australian agricultural land and water asset investor, developer, and manager Alterra Limited has announced a capital raising of up to another A$3.7 million (US$2.86 million) in funding through a deal in which a company associated with Pendulum Capital, led by Peter Fogarty and Greg Harvey, will ac
Read moreInari Raises $208M Series D to Unlock The Full Potential of Seeds
By Lynda Kiernan, Global AgInvesting Media Massachusetts-based mission-driven seed breeding technology company Inari has raised $208 million in capital through a Series D co-led by its founder Flagship Pioneering, bringing total funding to-date for the company to $352 million. This latest round also saw participation by a number of exi
Read moreUK’s CDC Makes One Of Its Largest Debt Investments Ever; Commits $100M To ETG Group
By Lynda Kiernan, Global AgInvesting Media The British impact investor and development finance company CDC Group has made one of its largest corporate debt investments in its history - committing $100 million to ETG Group in support of farmers across Africa and Asia. This investment is not only one of the largest in CDC history, but it
Read moreGinkgo Bioworks Going Public at $15B Valuation Through… You Guessed It, a SPAC Merger
By Lynda Kiernan, Global AgInvesting Media If the deals of 2021 had a theme, it would be SPAC mergers. The latest name in agtech to go public via such a deal is Boston-based biotech giant Ginkgo Bioworks (Ginkgo), which has announced it is merging with publicly traded special purpose acquisition company Soaring Eagle Acquisition Corp. T
Read moreFood Innovation Company Benson Hill To Go Public Through $2B SPAC Merger Deal
By Lynda Kiernan, Global AgInvesting Media Sustainable food tech innovator Benson Hill is going public at a valuation of $2 billion through a merger with special purpose acquisition company Star Peak Corp II. Upon closing of the deal, the combined company, which will be listed on the New York Stock Exchange, will operate under the name Bens
Read more
