By Lynda Kiernan, Global AgInvesting Media China’s largest food company COFCO is positioning to merge its international trading arm, COFCO International, with a number of domestic Chinese businesses, creating a behemoth agricultural trader prior to an IPO (likely to occur in Shanghai) of the new entity. State-owned COFCO owns a 60 percent stake in COFCO […]
By Lynda Kiernan, Global AgInvesting Media Mumbai-based early stage impact investor Ankur Capital announced a close on an intermediate round of funding for their Fund II at 330 crore (US$49.6 million). Ankur announced a first close on Fund II in January 2020 at 240 crore (US$36 million). As a pioneer in India’s agtech investment space, […]
By Lynda Kiernan, Global AgInvesting Media Amid a recent uptick in high-profile Australian holdings being put on the market, this may be the biggest. Macquarie Bank has decided to sell Lawson Grains – a 105,000-hectare (260,000-acre) corporate grain and oilseed farming venture with properties across New South Wales and Western Australia. The marketing campaign, which […]
By Stephen Johnston, Director, Veripath Partners Introduction: Canada represents a farmland market of over 150 million acres with approximately 80 percent of that land in just three western provinces – Alberta, Manitoba, and Saskatchewan. Canada also has very large regional variations in prices, even for row-crop farmland. In addition, farmland is a provincial jurisdiction, and as […]
By Lynda Kiernan, Global AgInvesting Media The aptly named produce company Oishii (meaning ‘delicious’ in Japanese) announced that it has raised $50 million through a Series A round led by SPARX Group’s Mirai Creation Fund II – a fund created by Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, and SPARX. Additional existing investors in the […]
By Lynda Kiernan, Global AgInvesting Media Tianma Bearing Group (TBG), the investment vehicle of Chinese billionaire Xingfa Ma, has listed the Balfour Downs and Wandaya Stations – a combined large scale breeding and finishing operation in the East Pilbara region of Western Australia. Ma expects to fetch between $32 – $40 million for the adjoining […]
By Lynda Kiernan, Global AgInvesting Media Fondo Italiano d’Investimento (Fondo Italiano) is preparing to launch a new “Agritech & Food” thematic fund with a funding target in place of EUR 700 million. Launched in 2010 through the Italian Ministry of Economy and Finance with the goal of promoting growth in the country’s economy through closed-ended […]
photo credit – Infarm By Lynda Kiernan, Global AgInvesting Media It wasn’t that long ago that Berlin-based urban farming company Infarm announced its first close of its series C at $170 million, with expectations that the round will exceed $200 million. Now, approximately six months later, the company shared that it has raised an additional […]
By Lynda Kiernan, Global AgInvesting Media Early stage food tech investor and accelerator Big Idea Ventures has announced developments that will strengthen its presence in both the EU and in the U.S. The EU In 2019 Big Idea launched its New Protein Fund – a fund with a goal to raise $50 million to make […]
By Lynda Kiernan, Global AgInvesting Media Gladstone Land has expanded its holdings in the U.S. Mid-Atlantic region with the announcement of its acquisition of 228 acres of farmland located in Dorchester County, Maryland, for $1.6 million. In association with this deal, Gladstone has expanded its partnership with a current tenant, who is a large sod […]
By Lynda Kiernan, Global AgInvesting Media Boston-based Green City Growers (GCG) began in 2008 with a mission to create a more environmentally sustainable urban food system that can produce more nutrient-dense foods by providing homeowners with the infrastructure, tools, and education to grow their own produce employing organic, regenerative, and pesticide-free production practices. As a […]
By Lynda Kiernan, Global AgInvesting Media Hancock Agriculture, the second largest producer of beef in Australia, and its joint venture partner S. Kidman and Co. have appointed Elders to market a portfolio of seven of its Northern Australia beef production assets. Included in the sale will be approximately 108,500 head of cattle, plus progeny, along […]
