Unigrains Backs French Apple Leader Innatis to Pursue Strategic Growth
By Lynda Kiernan, Global AgInvesting Media French independent ag and food investor Unigrains has made an undisclosed investment in Innatis, France’s second largest name in the apple industry, with the goal of partnering with the company to achieve its strategic growth objectives, including the acquisition of major French fruit producer Do
Read moreMarubeni Backs Japanese Plant-Based Meat Startup DAIZ, Plans U.S. Launch
photo credit: Marubeni By Lynda Kiernan, Global AgInvesting Media At the same time that plant-based foods have been dominating the consumer food trends narrative, Marubeni has grown to be an international presence in the grain trading space. Global protein consumption is expected to climb at a compounded annual growth rate (CAGR) of
Read moreGladstone Land Rolls From 2020 to 2021 With Two Major Farmland Deals
By Lynda Kiernan, Global AgInvesting Media In mid-December Gladstone Land announced that it had increased its secured note purchase facility with Federal Agricultural Mortgage Corporation (Farmer Mac) from $125 million to $225 million. At the time, company president and CEO David Gladstone said, “We believe this upsized facility will
Read moreGladstone Expands Note with Farmer Mac by $100M, Acquires California Vegetable Farm Raising AUM to Over $1B
By Lynda Kiernan, Global AgInvesting Media Through one of its wholly-owned subsidiaries, real estate investment trust (REIT) Gladstone Land has expanded its secured note purchase facility with Federal Agricultural Mortgage Corporation (Farmer Mac) by $100 million. Under the terms of the agreement the secured note was extended from $125
Read moreBoost Biomes Extends its Series A by $2M With New Investor
By Lynda Kiernan, Global AgInvesting Media U.S. agbiotech startup and global crop nutrition company Boost Biomes announced that Japanese investor Universal Materials Incubator (UMI) has extended the company’s Series A round with an additional $2 million commitment. The equity round, which was led by Yara International and included ex
Read moreAbu Dhabi Invests $143M to Build Fish, Vegetable, Fruit, Cattle, and Poultry Farms
By Lynda Kiernan, Global AgInvesting Media The food crisis of 2007 brought food security to the forefront for the United Arab Emirates. In response, a Food Security Committee and the Food Security Centre - Abu Dhabi were created, and investments were deployed into overseas ventures to ensure steady imports. COVID-19, however, added a n
Read moreCapital One Makes First Impact Investment in Food Waste Mitigator Goodr
By Lynda Kiernan, Global AgInvesting Media Capital One has made its first impact investment through Capital One Ventures, the financial services’ venture arm, in Goodr, a food waste specialist that believes in order to remedy the food waste problem in America, it’s the supply chain ecosystem that must be fixed. Goodr is working to
Read moreManna Tree Returns to Lead $87M Series D for Gotham Greens’ Mission of Decentralization
By Lynda Kiernan, Global AgInvesting Media Following a year in which Gotham Greens doubled its revenue and doubled its capacity, the company announced the raising of $87 million in capital that includes its recent Series D led by existing investor Manna Tree. The funding was also backed by The Silverman Group and additional existing investo
Read moreEXEO Capital’s Agri-Vie Fund II Backs Leading Kenyan Dairy and Chocolate Company
By Lynda Kiernan, Global AgInvesting Media EXEO Capital was launched in March 2016 through a 50/50 joint venture between the founders of the South African private equity fund, Agri-Vie, and pan-African asset manager, STANLIB, as an entity through which to manage private equity vehicles formed to invest in strategically selected sectors.
Read moreBrief: Major Carrot Producer Grimmway Farms Acquired by Teays River Investments
By Lynda Kiernan, Global AgInvesting Media Indiana-based Teays River Investments has agreed to acquire family-owned Grimmway Farms - the self-proclaimed largest carrot producer in the world - for an undisclosed sum. Headquartered in Bakersfield, California, and founded in the 1960s by Rod and Bob Grimm, Grimmway is the force behind the
Read more