By GAI News Staff Consumers are shifting their market demands and dedicating their spending to better-for-you, value added products that offer a high level of transparency and natural ingredients. In response, the largest food companies that find it challenging to accomplish rapid market response are establishing venture capital arms – such as General Mills’ 301 Inc. […]
By GAI News Staff SABMiller and Coca-Cola have reached an agreement with the government of South Africa that will clear antitrust concerns regarding a merger of the two company’s bottling businesses that involves the creation of a $27 million ag development fund according to Bloomberg. Struck in November 2014, the pending merger entails the combining […]
U.S. Secretary of Agriculture, Tom Vilsack announced the launch of the Open Prairie Rural Opportunities Fund. The $100 million private capital fund will focus on investments in small, rural American food and agricultural businesses that are well positioned for growth along the value chain. This fund will be the fourth Rural Business Investment Company (RBIC) […]
Bengaluru and Seattle-based Unitus Seed Fund is launching a second India-focused venture capital fund with a corpus of $50 million to invest in startups focused on creating high impact in the fields of agriculture, education, fintech, and healthcare, according to the Times of India. Led by partners Dave Richards, Will Poole, Srikrishna Ramamoorthy, Ravi Venkatensan, […]
Anheuser-Busch is joining the ranks of General Mills, Campbell’s, and Coca Cola who are aiming to profit from disruption and innovation within their sector through the launch of the joint accelerator, Techstars Connection in partnership with Boulder-based Techstars, according to Inc. The new venture, which will be fully funded by AB InBev’s venture arm, ZX […]
Bayer has partnered with Israeli innovation accelerator, Trendlines, to establish the Bayer Trendlines Ag Innovation Fund. Under the five-year partnership agreement, Bayer will invest $10 million in the fund which will be managed by Trendlines. The agricultural industry is under pressure on numerous fronts. Climate change, increasing weed resistance, and pest-related challenges are intensifying, while […]
Launched three years ago by siblings, Joelle and Benji Faulkner, Canadian private equity firm, Area One Farms creates joint venture partnerships with farming operations looking to expand, but that do not want to take on large amounts of bank debt. Focusing on operations that are looking to scale up significantly and rapidly, Area One targets […]
By Lynda Kiernan Finistere Ventures is in Australia seeking capital from Australian family offices, institutional investors, and high net worth individuals for its $150M Finistere Ventures II Fund prior to a final close expected in June. As the firm searches out investment opportunities within Australia’s emerging agtech sector, which has been making particular strides in […]
MAI Capital announced it has launched MAI Dragon Egg Fund I – a new $20 million Australian venture capital fund designed to help tech startups gain access to China’s massive market. Launched by ICD Property’s Michael Mai, the Dragon Egg Fund, which he claims is the first of its type to focus on China, will target […]
TerraVia (formerly Solazyme) is partnering with private equity firm, VMG Partners in the new investment venture, TerraBrands. Combining VMG’s expertise in brand building and investment capital with TerraVia’s algae-based food and ingredient platform, TerraBrands was created to bring algae-based food and ingredients into the mainstream food sector. The investment vehicle will invest in or acquire […]
