Dole to Merge With Ireland’s Total Produce to Create Global Powerhouse
By Lynda Kiernan, Global AgInvesting Media Dole is set to merge with Dublin-based Total Produce, the leading fresh produce company in the EU, resulting in a combined entity that will be the largest fresh produce company in the world. Once established, the new company, which will be under the Dole Plc name, will have an EU headquarters
Read moreTPG ART, Pontifax AgTech Co-Lead $103M Series C for Anuvia Plant Nutrients
By Lynda Kiernan, Global AgInvesting Media The last time GAI shared news from Anuvia, it was when TPG ART led a $23 million funding round for the company in November 2016. Now, TPG ART returns with Pontifax Global Food and Agriculture Technology Fund (Pontifax AgTech) to co-lead a sizable $103 million Series C for Anuvia Plant Nutrient
Read moreEquilibrium Capital Sells Oregon Dairy Manure RNG Project
By Lynda Kiernan, Global AgInvesting Media Equilibrium Capital announced the successful sale of its Boardman, Oregon-based renewable natural gas facility to Resilient Infrastructure Group, a water infrastructure platform owned by private markets firm Partners Group. Developed by Equilibrium in partnership with Threemile Canyon Farms, the
Read moreArable Capital Partners Adds Pacific Trellis Fruit to Fresh Fruit Holdings
By Lynda Kiernan, Global AgInvesting Media Food and ag investor Arable Capital Partners announced it has made a strategic investment backing Pacific Trellis Fruit / Dulcinea - one of the U.S.’ top year-round growers, importers, and marketers of premium fresh fruit including melons, table grapes, citrus, cherries, stone fruit, among othe
Read moreNew Age Meats Extends Seed Funding for Hybrid Cultivated Meat
By Lynda Kiernan, Global AgInvesting Media California-based New Age Meats (NAM), the first company to release a cellular pork sausage, has extended its post-Seed funding from August 2020 by an additional $2 million, to bring total funding to-date for the startup to $7 million. Follow-on investments were secured from ffVC, SOSV, and Inn
Read moreFinDev Canada Commits US$12M to West African Sustainable Timber Operator Miro Forestry
By Lynda Kiernan, Global AgInvesting Media FinDev Canada, a dedicated institution financing the private sector in developing countries to combat poverty through three pillars: job creation, women’s empowerment, and climate change mitigation, has committed $12 million to Miro Forestry Development - a sustainable forestry and timber operato
Read moreEquilibrium Leads $90M in Funding to Drive East Coast Expansion for Little Leaf Farms
photo credit: Little Leaf Farms By Lynda Kiernan, Global AgInvesting Media Equilibrium Capital has led $90 million in debt and equity financing for Massachusetts-based greenhouse operator Little Leaf Farms. Joining Equilibrium was Copperline Capital, Pilot House Associates, and founding investor Bill Helman. Bank of America, which
Read moreSALIC, Minerva Deepen Partnership, Lay Groundwork for Joint Venture in Australia
By Lynda Kiernan, Global AgInvesting Media Saudi Arabia’s state-owned Saudi Agricultural Livestock Investment Company (SALIC) has deepened its partnership with Brazilian livestock company Minerva Foods in a deal that will see an expansion for both companies in Australia. SALIC originally agreed to acquire a 20 percent stake in Minerv
Read moreInsect Farmer Protix Closes on US$18.6M, Gains New Investor
By Lynda Kiernan, Global AgInvesting Media Protix, a Dutch startup breeding larvae from Black Soldier Flies (BSF) for sustainable animal feed production, announced it has closed on €15.5 million (US$18.6 million) in new funding. Participating in the round was Invest-NL, a new investor for the company, that committed €7.5 million (US
Read morePhatisa Food Fund 2 Closes at $143M With $82M Commitment From Five Investors
By Lynda Kiernan, Global AgInvesting Media Phatisa has closed its Food Fund 2 at $143 million with capital commitments from a collective of five DFIs (Development Finance Institution) and impact investors, totaling $82 million. The consortium consists of: - CDC Group - $30 million - Norfund - $20 million - Finnfund - $15 milli
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