Carl E. Lee, the former president and CEO of Snyder’s-Lance Inc. – the leading snack company behind Pop Secret, Snyder’s of Hanover, and Cape Cod Chips, has partnered with Adam Peck, Scott Lurie, and Eric Lenzen to launch Arbel Growth Partners – a new fund dedicated to backing emerging natural and organic food brands. Lee […]
An investment fund started by the government of New South Wales in Australia has taken an A$3.3 million stake in Stone Axe Pastoral, a Wagyu beef agribusiness. The company’s goal is to breed the largest full-blood Wagyu cattle herd outside of Japan. The GO NSW Equity Fund was created to provide support for expansion to […]
Commerce infrastructure and IoT-focused venture capital firm Activant Capital Group has announced the final closing of its second fund, Activant Ventures II, with $129 million in committed capital, which represents a 70 percent increase over its first fund. Ventures II has already made four investments totaling $50 million to date. The fund has a 15-year lock-up, which the firm […]
Mumbai-based ag and food tech-focused venture capital firm Omnivore Partners has reached the first close of its second fund, raising $46 million out of a targeted $75 million. Reported investors include the Small Industries Development Bank of India (SIDBI), RBL Bank, Sorenson Impact Foundation, The Rockefeller Foundation, Dutch Good Growth Fund (DGGF), Ceniarth, and German […]
Hatch, the first aquaculture-focused accelerator in the world, has been launched in Bergen, Norway, by Dr. Carsten Krome of Alimentos Ventures. Although there exists the Dutch, pure-play sustainable aquaculture investment fund Aqua-Spark, and the Tze Venture Search Fund for Aquaculture Technology – a new fund dedicated to backing and growing aquaculture feed innovations in the […]
David Barber, co-owner of New York state-based Blue Hill Farm and Stone Barns restaurant, and advisor to S2G Ventures and Acre Investments has launched Almanac Investments, a $30 million venture capital vehicle to invest in agriculture and hospitality technologies, cutting-edge CPG companies, and experiential retail endeavors. The firm plans to make early-stage investments in the […]
French asset manager Amundi is launching a €150m (US$180M) private debt fund backed by luxury Italian agri-food products such as Parma ham and Parmesan cheese. The fund is targeting between 10 and 20 investments averaging 10 million Euro each, according to Private Debt Investor. Under the structure of the fund, the firm will invest in […]
The African Development Bank (AfDB) has approved a $10 million investment in the Phatisa Food Fund 2 (PFF2) to forward the mission of boosting agriculture and nutrition across Africa. Phatisa announced the launch of the 10-year PFF2 earlier this year. The second generation fund was established with an initial commitment of $75 million from the […]
Impact investor ECOTIERRA announced the launch of the Canopy Sustainable Land Management Fund (Canopy SLF) – a vehicle designed to back the development of ag and forestry projects in Latin America that will improve land management, triple small farmers’ incomes, protect forests, and lower carbon emissions by 20 million tons while generating significant return for […]
Canada’s largest farmland property and investment manager, Bonnefield Financial, announced a second closing of $70 million for its Bonnefield Canadian Farmland LP IV. This commitment, which comes from a top Canadian pension fund, nearly doubles the total capital for the fund at $130 million. The initial $60 million closing for LP IV occurred in July of […]
