AAM Raising A$60M in Capital on Path Toward A$500M in AUM
By Lynda Kiernan-Stone, Global AgInvesting Media Australia’s AAM Investment Group (AAMIG) launched its fourth fund, the AAM Diversified Agriculture Fund (ADAF), at the end of 2019 with an initial goal of raising A$60 million. After the turn of that year, AAMIG stated it intended to undertake further fundraising to support the acquisition
Read moreReFED and Closed Loop Partners Launch $100M Funding Platform to Scale Food Waste Solutions
By Lynda Kiernan-Stone, Global AgInvesting Media At a time when one in seven Americans is food insecure, 52 million tons of food ends up in a landfill, not counting another 10 million tons of food that is left in fields discarded or unharvested each year. One-third of the food produced in the U.S. is never consumed, and food accounts f
Read moreSynthesis Capital Raises World’s Largest Dedicated Foodtech VC Fund
By Lynda Kiernan-Stone, Global AgInvesting Media Synthesis Capital already has more than $300 million in-pocket to invest in the next wave of innovative food tech startups and alternative protein platforms, making this new vehicle the largest fund ever raised in its class. Synthesis Capital Fund I is oversubscribed, anchored by private
Read moreAnterra Capital Closes Second Fund Oversubscribed at More Than $260M
By Lynda Kiernan-Stone, Global AgInvesting Media With a mission to invest and partner with innovators affecting real transformation on the world’s food ecosystem through biotech and digital technologies across food, agriculture, and animal health, Anterra is an international food and agriculture specialist venture capital firm that brings
Read morePE Impact Fund Launched by AXA, Unilever, Tikehau to Accelerate Regenerative Ag Transition
By Lynda Kiernan-Stone, Global AgInvesting Media Three diverse partners: global insurance and asset management company AXA, worldwide CPG company Unilever, and global alternative asset management group Tikehau Capital have signed a memorandum of understanding (MOU) outlining their plans to create an impact fund dedicated to accelerating an
Read moreADM Capital’s Cibus Fund II Invests in Vegetable Seedling Company Withcott Seedlings
By Lynda Kiernan-Stone, Global AgInvesting Media London-based ADM Capital Europe has acquired a majority stake in Withcott Seedlings, a major Australian vegetable seedling business, through its Cibus Fund II. The off-market transaction was initiated by Withcott Seedlings founders and shareholders who appointed Colliers Agribusiness to
Read morePackhorse Acquires Moolan Downs, Opens Next Fundraise Targeting $62M
By Lynda Kiernan-Stone, Global AgInvesting Media It’s been little more than a year since Packhorse Pastoral Company (PPCA) launched with an initial funding target of $300 million to deploy across four-to-six agricultural properties. These assets will operate mostly under a service delivery model and non-ownership of cattle - meaning, th
Read more301 INC Commits $15M to Two Funds Dedicated to Closing the VC Gap for Women and Women of Color
By Lynda Kiernan-Stone, Global AgInvesting Media 301 INC, the venture arm of General Mills, is committing a combined $15 million to two early-stage venture capital funds dedicated to supporting food enterprises led by women of color as part of General Mills’ dedication to promoting racial and gender equality through economic opportunity.
Read morePSP Investments Merges BFB and Daybreak Cropping, Warakirri to Exit Daybreak
By Lynda Kiernan-Stone, Global AgInvesting Media The Public Sector Pension Investment Board (PSP Investments) has moved to consolidate two of its majority-owned Australian broadacre cropping businesses, bringing together BFB and Daybreak Cropping to create one of the leading cereal growing operations in the country. With 41 farms acros
Read moreTwo Investment Veterans Launch Food and Bev-Focused Jove Island Capital
By Lynda Kiernan-Stone, Global AgInvesting Media A new private equity firm, Jove Island Capital, is joining the rolls with a focus on branded consumer products, particularly opportunities in the food and beverage space. This new strategy is being launched in Jupiter, Florida, by two investment industry veterans: Marc Pinto, former po
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