By Lynda Kiernan-Stone, Global AgInvesting Media reNature, a startup that develops and scales regenerative farming and agroforestry projects, announced it has secured backing through Avocet Holdings. The entirety of the equity capital being invested is provided by James Atkins – an active investor who gains control stakes and works side-by-side with management teams. Launched with […]
By Lynda Kiernan-Stone, Global AgInvesting Media On behalf of the Australian government, the Clean Energy Finance Fund (CEFC) has committed a cornerstone investment of A$50 million, (US$37.6 million) alongside another A$50 million (US$37.6 million) investment made by the ag impact investor, Kempen SDG Farmland Fund, in the Transforming Farming Platform – a newly launched sustainable […]
By Lynda Kiernan, Global AgInvesting Media Nearly two years after selling its organic soy and corn business to Pipeline Foods for $66.5 million, SunOpta continues to slim down with the sale of Tradin – its global ingredients business – to commodities trader Amsterdam Commodities (Acomo) in a deal worth $390 million. Based in Canada, SunOpta […]
By Lynda Kiernan, Global AgInvesting Media Less than one year after closing an impressive A$35 million (US$24 million) Series A, Aussie vegan meat brand v2food has closed on more significant funding. New investors ABC World Asia Altitude Partners, China Renaissance, Esenagro, Novel Investments, and Temasek have joined founding investment partner Main Sequence Ventures in a […]
By Lynda Kiernan, Global AgInvesting Media Rural Funds Management (RFM), manager for the ASX-listed Rural Funds Group (RFF), an owner of a diversified portfolio of high-quality Australian agricultural assets, announced it has agreed to sell its Mooral almond orchard in New South Wales for A$98 million (US$70.3 million). The buyer remains unidentified, however RFM stated […]
By Lynda Kiernan, Global AgInvesting Media The A$250 million (US$175 million) Victorian Business Growth Fund (VBGF) has made its first landmark investment in Flavorite, the largest hydroponic grower of tomatoes in the state of Victoria. Launched in June 2020 and managed by Sydney-based Roc Partners, VBGF is backed by a A$200 million (US$140 million) capital commitment […]
photo credit: Alterra By Lynda Kiernan Alterra Limited, an agricultural investor, developer, and manager focused on “land use change”, announced the launch of its first large-scale avocado project, based in Pemberton, in Western Australia. After de-merging its carbon-conscious business last year, Alterra’s strategy moving forward is to develop underutilized or undervalued farmland with reliable water […]
By Lynda Kiernan Canada’s Public Sector Pension Investment Board (PSP Investments) has entered into an agreement to acquire 89,095 megaliters of permanent water rights from Olam Orchards Australia (OOA), a wholly owned subsidiary of Olam International, for A$490 million (US$332.5 million). In a separate deal, PSP Investments also agreed to acquire 12,000 hectares of almond […]
By Lynda Kiernan Tyson Foods has made two investments – one on each side of the protein aisle. Through its corporate venture subsidiary, Tyson Ventures, the company has made an undisclosed pre-Series A investment in New Wave Foods, a maker of plant-based shellfish and shrimp alternative products. “We’re excited about this investment in the fast-growing […]
Aussie agricultural investment company Tiverton Agriculture has partnered with the Nature Conservancy to acquire two cattle stations along the Murrumbidgee River in New South Wales through a record breaking deal. The Juanbung and Boyong cattle stations, which total 33,000 hectares of prime grazing land and include the Great Cumbung Swamp wetlands, have been acquired from […]
