Entomo Closes on C$3.7M to Advance Cricket Protein
By Lynda Kiernan, Global AgInvesting Media Canadian alternative insect protein startup Entomo announced it has closed on C$3.7 million (US$2.89 million) in funding secured from undisclosed Canadian and Asian investors. As the global population continues its climb toward 9.5 billion by 2050, global meat production has tripled over the l
Read moreAustralia’s Langenhovens Acquire Larrizona Station for A$17M With Backing From Giovanni Ravazzotti
By Lynda Kiernan, Global AgInvesting Media Pierre and Luciana Langenhoven have acquired more than 1.1 million hectares (2.7 million acres) of cattle land since 2018, at a cost of more than A$150 million (US$116 million). The pair’s latest addition to their growing portfolio, which they acquired with financial backing from Giovanni Rav
Read moreOspraie Returns to Back Digital Ag Company IN10T
By Lynda Kiernan, Global AgInvesting Media Ospraie Ag Science has returned to back St. Louis-based digital ag company IN10T (Intent) to fund the expansion of the startup’s ability to provide innovative on-farm solutions, through its technology, commercialization, and trials. Founded in 2016 by Randy Barker and Kevin Heikes, IN10T is
Read moreBain Capital, Cinven Acquire Specialty Ingredients Unit From Lonza for $4.67B
By Lynda Kiernan, Global AgInvesting Media Bain Capital and London-based international private equity investor Cinven have agreed to acquire Lonza Specialty Ingredients in a deal that values the business at CHF4.2 billion (US$4.67 billion). Founded in 1897 in the Swiss Alps, Lonza is a global leader in the biotech, nutrition, and pharm
Read morePontifax AgTech Leads $90M Series B to Apply CRISPR Technology to The Development of Better Fruits and Vegetables
By Lynda Kiernan, Global AgInvesting Media Pontifax Global Food and Agriculture Technology Fund (Pontifax AgTech) has led a $90 million Series B for Pairwise, a foodtech pioneer using CRISPR technology to develop better fruits and vegetables. Joining Pontifax AgTech in this round was existing investors Deerfield Management Company, and
Read moreVintage Wine Estates Goes Public Via SPAC Merger with Bespoke Capital
By Lynda Kiernan, Global AgInvesting Media The loss in tourism dollars due to the pandemic has hit California’s winemakers particularly hard. Some have turned to solutions such as virtual tours and tastings, and some have chosen another course. Vintage Wine Estates (VWE), a rapidly-growing company with 12 estates in Napa, Sonoma, Cali
Read moreStryve Foods Merges With SPAC Andina Acquisitions, Goes Public at $170M
photo credit: Stryve Foods By Lynda Kiernan, Global AgInvesting Media Stryve Foods, an upward startup making biltong, announced it has merged its business with special purpose acquisition company (SPAC) Andina Acquisitions Corporation III to form a new, publicly listed company renamed Stryve Foods Inc., which will trade on the NASDAQ und
Read morePrimewest More Than Triples Funding Target for Farmland Trust to $350M
By Lynda Kiernan, Global AgInvesting Media Australian listed property fund manager Primewest has more than tripled its funding target for its newly launched Primewest Agricultural Trust No 1 to A$350 million (US$268 million), and stated it may list the fund, but did not specify a timeframe for such action. The move follows the launch o
Read moreClara Foods Secures $8M Venture Loan Facility to Bring Chicken-Free Eggs to Market
By Lynda Kiernan, Global AgInvesting Media Animal-free protein developer Clara Foods has secured an $8 million venture loan facility from Horizon Technology Finance Corporation, a specialty financier that provides capital as secured loans to venture capital-backed companies in the life sciences, technology, healthcare information and servic
Read moreTevel Raises $20M Series B For Flying Fruit Picking Robots
photo credit: Kubota By Lynda Kiernan, Global AgInvesting Media Tel-Aviv-based Tevel Aerobotics Technologies has raised $20 million through a Series B backed by Asian equipment giants Kubota and Forbon, and including Maverick Ventures Israel, OurCrowd, and AgFunder, as well as Ziv Aviram, co-founder of self-driving car startup Mobileye.Â
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