Abu Dhabi Invests US$41M Across Three Agtech Companies to Advance Innovation on Land, Sea, And in Space
By Lynda Kiernan, Global AgInvesting Media The Abu Dhabi Investment Office (ADIO) announced an investment of AED152 million (US$41 million) across three companies advancing agtech innovation across “land, sea, and space”. These three companies: Pure Harvest Smart Farms (Pure Harvest), FreshToHome, and Nanoracks, will receive financ
Read moreMIRA Makes Cash Bid of A$300M For Aussie REIT Vitalharvest
By Lynda Kiernan, Global AgInvesting Media Global alternative asset manager Macquarie Infrastructure and Real Assets (MIRA) announced that one of its managed agricultural funds has proffered a cash offer of A$300 million for Australian REIT Vitalharvest Freehold Trust (VTF). This offer comes less than six months after property fund manag
Read moreUnifrutti Acquires Italy’s Leading Producer of Blood Oranges with Capital From The Carlyle Group
By Lynda Kiernan, Global AgInvesting Media The Carlyle Group has invested an incremental €35 million (US$41.4 million) in Unifrutti - one of the largest and leading fresh fruit producers in the world. This investment was made with capital from Carlyle’s $2.4 billion Credit Opportunities Fund, and was structured as an add-on to bond
Read moreADM Ventures Invests in Seventure’s Health For Life Capital Fund II
By Lynda Kiernan, Global AgInvesting Media Archer Daniel Midlands’ venture capital arm ADM Ventures has made a capital commitment to Seventure’s Health For Life Capital (HFLC) Fund II. Based in Paris, HFLC is a leading VC fund and the first European investment vehicle to fund the “microbiome revolution”, according to its website, in
Read moreBits x Bites Has $30M First Close on New $70M Fund, Makes First Investment
By Lynda Kiernan, Global AgInvesting Media Bits x Bites, the first agrifood tech-focused VC focused on the Chinese market announced that it has completed its first $30 million close for its new $70 million fund - the leading and only fund of its kind investing in transformative technologies with the potential to create a more sustainable an
Read moreBenson Hill Secures $150M Series D to Advance Tech, Deliver on First Ultra-High Protein Soybean Varieties
By Lynda Kiernan, Global AgInvesting Media Crop biotech and food innovation company Benson Hill has raised $150 million through a Series D co-led by Wheatsheaf and GV. The company’s business model and global potential to improve health and well-being attracted a diverse range of new and existing investors to this round, including Argon
Read moreConsolidated Pastoral Company Sells to Britain’s Guy Hands for at Least $500M
By Lynda Kiernan, Global AgInvesting Media Held by UK private equity firm, Terra Firma, rumors about the sale of the CPC portfolio have circulated since November of 2014, but the divestment process did not begin in earnest until 2018 with the sale of Nockatunga Station, a bullock fattening operation located in southwest Queensland. Terra
Read moreApeel Secures $30M in New Funding to Create Participatory, Inclusive Food Systems
By Lynda Kiernan, Global AgInvesting Media Apeel Sciences has raised another $30 million in new funding from the International Finance Corporation (IFC), Temasek, and Astanor Ventures. Together with the $250 in capital the company raised in May of this year, this round brings total funding for the company for just the past six-mont
Read moreGladstone Announces Second Deal in a Month; Makes First Acquisition in South Carolina
By Lynda Kiernan, Global AgInvesting Media Gladstone Land continues its recent acquisition streak, disclosing its second deal within the month. The REIT announced it has acquired 597 gross acres of farmland and farm-related facilities spread across three farms in Bamberg and Orangeburg Counties, South Carolina, for $3.8 million. This i
Read moreSoftBank Leads $140M Series D for Plenty
By Lynda Kiernan, Global AgInvesting Media SoftBank Vision Fund I has returned to lead a $140 million Series D for vertical farming leader Plenty. Top fresh berry producer and brand Driscoll’s, who recently entered into a joint development agreement to have Plenty grow Driscoll’s proprietary strawberries, also participated in the roun
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