IDeA Agro Fund Closes at EUR110M, Partners with Agrintesa to Develop Kiwi Project
By Lynda Kiernan, Global AgInvesting Media IDeA Agro Fund, the first private equity fund in Italy focusing on investment opportunities in agricultural businesses, has announced its final close at EUR110 million (US$133.5 million). Since its launch in 2018, and working with advisory company Ettore Fieramosca, IDeA Agro has deployed capita
Read moreBlueNalu Raises $60M Series A for U.S. Market Launch of Cell-Based Seafood
Photo credit: BlueNalu By Lynda Kiernan, Global AgInvesting Media San Diego-based cellular seafood startup BlueNalu has raised the largest funding round to-date in the global cellular seafood space, closing on a $60 million Series A led by Rage Capital. The round (which included a wide range of existing and new investors) also liste
Read moreIndian E-Commerce Agribusiness DeHaat Raises $30M Led by Prosus Ventures
By Lynda Kiernan, Global AgInvesting Media Gurugram and Patna, India-based online end-to-end agribusiness services platform DeHaat, announced it has closed on $30 million in funding led by Prosus Ventures. The round also saw participation from RTP Global and existing investors Omnivore Partners, Sequoia India, the Dutch development bank FMO
Read morePE Investor Alantra Acquires Majority Stake in One of the Largest Berry Producers in Europe
By Lynda Kiernan, Global AgInvesting Media Private equity investor Alantra has acquired a majority stake in Surexport, one of the largest independent berry producers in Europe, through Alantra Private Equity III, which closed at EUR450 million (US$547 million) in 2018. Founded in 1994 in Huelva, Spain, Surexport is a leading fully-integr
Read moreVow Food, Maker of Exotic Lab Cultured Meats, Raises $6M in Seed Funding
photo credit: Square Peg Capital By Lynda Kiernan, Global AgInvesting Media If you could try alpaca, or water buffalo without the guilt of slaughtering wild animals, or any of the ethical questions that would normally come to mind, would you? Only four animals account for nearly all the meat humans eat (representing only 0.02 percent
Read moreFlavor Companies Still Big Ticket Deals: McCormick Acquires FONA for $710M
By Lynda Kiernan, Global AgInvesting Media The global flavors segment has seen its fair share of consolidation and dynamic activity within the past few years, resulting in a string of big money deals. Global players have been positioning themselves to expand beyond commodities and up the production chain in order to gain a foothold in
Read moreGro Intelligence Raises $85M to Address Climate Risk and Food Security
By Lynda Kiernan, Global AgInvesting Media Founded in Nairobi, Kenya, and with offices in both Nairobi and New York, Gro Intelligence announced it has raised $85 million through a Series B co-led by Intel Capital, Africa Internet Ventures (a strategic partnership between TPG Growth and EchoVC), and the family offices of Ronald Lauder and Er
Read moreCropIn Raises $20M in Series C Led by ABC World Asia
By Lynda Kiernan, Global AgInvesting Media ABC World Asia, a private equity fund with a dedicated focus on evidence-based impact investing in Asia launched by Temasek in May 2019, has led a $20 million Series C for global AI and data-driven agtech company CropIn. The round, which brings total funding for the company to-date to $33.1 mi
Read moreRegenerative Ag Startup reNature Closes First Seed Round
By Lynda Kiernan, Global AgInvesting Media reNature, a startup that develops and scales regenerative farming and agroforestry projects, has closed on its first Seed round, adding four private impact investors that join existing investors DOEN Foundation and Meraki Impact. “We joined reNature in 2019 convinced of the enormous impact i
Read moreRemilk Raises $11.3M to Advance Animal-Free Dairy Fermentation Technology
By Lynda Kiernan, Global AgInvesting Media The evolution and introduction of non-dairy alternatives onto the global market has been rapid and highly disruptive to the category. However, with the application of new technologies, what began with plant-based formulation and ideations has expanded to include products that are identical to dai
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