Yesterday, as a panel of veteran investors at Global AgInvesting’s AgTech Week discussed the opportunity for venture capital in agriculture and food, yet another CPG giant announced its entrance into the venture capital (VC) field. Kellogg’s new VC arm will focus on food and related technology firms, ranging from natural foods to packaging and marketing efforts. […]
A new agtech accelerator was launched today at Global AgInvesting’s AgTech Week through the partnership of agtech venture capital firm, Finistere Ventures, Cloud Break Advisors and an alliance of industry leaders that includes Bayer, DuPont and leading Israeli venture capital firm Our Crowd. Radicle, named as such because of its unique approach, is a $15 […]
Impact investor, Lok Capital, has announced its first close on Rs 300 cr (US$40.5 million) for its third India-focused fund, Lok Fund III, bringing its total capital under management over $125 million, reports the Economic Times. Launched last year, Fund III has a target corpus of Rs 700 cr (US$105 million) which it plans to […]
U.S.-based fund manager, Pecora Capital announced it is raising a $2 billion fund to invest in infrastructure projects in agriculture, transportation, and telecommunications in Nigeria, reports Business Day Online. The fund, which will be based in the Cayman Islands, will be raised over the next 18 months and will target investors from the U.S., Asia, and Europe. Plummeting […]
Australian fund manager, Laguna Bay has had its first close of A$280 million ($208 million) from North American investors toward a targeted A$1 billion corpus for its Australian and New Zealand Agricultural Fund. The fund has established a ten-year timeframe with a minimum investment requirement of $10 million, and has eliminated the possibility of investors […]
Rabobank Equity Advisors’ India Agri Business Fund II has invested Rs 100 cr (US$15 million) for an undisclosed minority stake in Indian agro-chemical company, Parijat Industries, reports The Economic Times. This is the second investment announced by Fund II since the beginning of June, when it made its first investment of Rs 100 cr (US$15 […]
Iowa State University announced it has established Ag Startup Engine, a new accelerator that will identify and fund highly promising agricultural startups, reports the Pork Network. Launched from the Iowa State University Research Park, Ag Startup Engine will be a private-sector entity while remaining a part of the wider Iowa State program, the Agricultural Entrepreneurship Initiative […]
Old Mutual Investment Group, Africa’s largest manager of real assets, announced it has increased its stake in the African agriculture investment group, UFF African Agri Investments, to 49%. As a leading specialist in agricultural investments in Africa, UFF African Agri Investments has served as a long-standing advisor to Old Mutual Investment Group through its Futuregrowth […]
Canadian venture capital firm, Avrio Capital announced it has deployed C$15 million across three investments through its third institutional late stage venture fund, Avrio Ventures Limited Partnership III. The investments include commitments made to: Intelia Technologies Inc – a company that designs, manufactures and distributes environmental control systems and provides data analysis services for horticulture […]
By Lynda Kiernan VilCap Investments, the Washington DC-based investment arm of Village Capital, announced it has reached a final close on its latest venture fund, oversubscribed at $17.7 million in commitments from 29 investors including Jean and Steve Case, Jim Sorenson, Bob Pattillo, Mitch Kapor and Freada Kapor Klein. The fund, which surpassed its original target […]
