Bain Acquires Valeo Foods From CapVest in Deal Exceeding €1.7B
By Lynda Kiernan, Global AgInvesting Media Bain Capital Private Equity (Bain) has outbid a cast of rivals to acquire pan European food company Valeo Foods Group from CapVest in a deal exceeding €1.7 billion (US$2 billion). Headquartered in Dublin, Ireland, since its founding in 2010, and led by CEO Seamus Kearney, Valeo is a leading
Read moreBackstage Capital Partners with FarmTogether To Widen Access to Diverse Farmland Investment
By Lynda Kiernan, Global AgInvesting Media FarmTogether, a tech-driven, online investment marketplace that enables individuals to invest in U.S. farmland, announced its partnership with Backstage Capital, an investment firm focused on backing startups founded by people of color, women, and members of the LGBTQ community. Through this t
Read moreUK Billionaire Tom Morris Buys 5,000 Acres of Farmland From Church of England in £50M Deal
By Lynda Kiernan, Global AgInvesting Media The Halsall Estate Ltd, a company established this January by Tom Morris, the founder and CEO of UK-based retail chain Home Bargains, has acquired nearly 5,000 acres of farmland in Halsall, West Lancashire from the Church of England in a deal valued at £50 million (US$70 million). Morris foun
Read morePrecision AI Raises $20M to Automate Crop Protection Using Intelligent Drones
By Lynda Kiernan, Global AgInvesting Media Computer vision and robotics company Precision AI has raised $20 million in Seed equity and grant funding co-led by At One Ventures (founded by GoogleX co-founder Tom Chi) and the Industrial Innovation Venture Fund of BDC Capital. Also participating in the round were Fulcrum Global Capital,
Read moreButterfly Acquires Majority Stake in Leading U.S. Producer of Organic, Free-Range, Pasture-Raised Eggs
By Lynda Kiernan, Global AgInvesting Media Los Angeles-based private equity investor Butterfly takes a “seed to fork” approach when building out its portfolio of agriculture, aquaculture, food and beverage, food distribution, and food service investments. Its latest investment within this framework gained Butterfly a majority stake i
Read moreRipeLocker Locks down $5M Series B to Extend Post-Harvest Life of Perishable Foods by Weeks or Even Months
By Lynda Kiernan, Global AgInvesting Media Imagine the ability to keep organic blueberries in perfect condition for eight weeks after harvest, or being able to keep hops fresh for an additional six weeks until they are used. This is the exact achievement that RipeLocker is bringing to food production supply chains. In support of this wor
Read moreCargill Invests in Plant-Based Ingredient Innovator Bflike Through A JV With Blue Ocean Xlerator NV
By Lynda Kiernan, Global AgInvesting Media For a global animal protein giant, Cargill has been pivoting to grab a share of the plant-based and alternative foods markets. In 2017 the company entered into a strategic partnership with Delacon - the pioneering global leader in plant-based feed additives. The year 2018 opened with the compa
Read moreWasatch Invests $100M in SPAC Bespoke Capital Acquisition and Vintage Wine Estates
By Lynda Kiernan, Global AgInvesting Media Wasatch is investing $100 million in Bespoke Capital Acquisition Corp (BCAC), a special purpose acquisition corporation (SPAC) soon to be acquiring Vintage Wine Estates (VWE) - one of the fastest growing U.S. wine producers with wineries throughout Napa, Sonoma, California’s Central Coast, Oregon
Read moreEcovative Raises $60M Series D to Scale Up Mycelium Applications
By Lynda Kiernan, Global AgInvesting Media Ecovative employs modern technology to unlock the natural potential of mycelium (the vegetative root structure of fungi that look like fine white filaments, and contain the same polymer as crab shells) to create next-generation materials stemming from mushrooms. Now having mastered the science
Read moreTemasek, Bits x Bites, CITIC Lead $30M Series C for Drone Company EAVision
By Lynda Kiernan, Global AgInvesting Media Singapore’s Temasek, Chinese agrifood tech VC Bits x Bites, and CITIC have led a $30 million Series C for Chinese agricultural drone technology company EAVision Technologies. Also participating in the round were a range of global investors, including Germany-based BASF, U.S.-based Continental
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