By Lynda Kiernan, Global AgInvesting Media Just about a month after Winnipeg-based agricultural data management platform Farmers Edge launched a long-term partnership with Google Cloud, the company announced it has completed its IPO on the Toronto Stock Exchange raising C$125 million (about US$100 million) in the process. Launched in 2005, Farmers Edge has employed a […]
By Lynda Kiernan, Global AgInvesting Media ROC Private Equity has been making bold moves as it builds out an impressive and diversified portfolio of Australian ag holdings. In December 2020, the Sydney-based alternative asset investment manager fully acquired Emerald Grain from Sumitomo, adding the grain interest to its portfolio that already includes Australian Oyster Coast, […]
By Lynda Kiernan, Global AgInvesting Media Walter Global Asset Management (Walter GAM) has partnered with the management team of Bonnefield Financial to acquire a majority stake in Bonnefield, the leading farmland investor in Canada. Walter GAM was launched in 2018 as part of Walter Financial, the investment unit of the Walter Group, which has been […]
photo credit – GoodLeaf Farms By Lynda Kiernan, Global AgInvesting Media With the intention of driving innovation in Canada’s food systems, McCain Foods has made an investment in excess of $65 million in TruLeaf Sustainable Agriculture and its wholly owned subsidiary GoodLeaf Farms, the largest commercial vertical farming operation in the country. This investment now […]
By Lynda Kiernan, Global AgInvesting Media One month after AppHarvest merged with SPAC Novus Capital, went public on the Nasdaq under the symbol APPH, and gained a valuation of $1 billion, AppHarvest has now announced that it has acquired its flagship CEA facility in Morehead, Kentucky, from Equilibrium Capital for $125 million. AppHarvest’s tech-driven indoor […]
By Lynda Kiernan, Global AgInvesting Media Prairie Horizon Agri-Energy has agreed to sell its assets to Iowa-based agribusiness and private equity investor Summit Agriculture Group (Summit Ag) for an as-of-yet undisclosed amount. Located in Phillipsburg, Kansas, Prairie Horizon is a producer of ethanol, distillers grains, and corn oil with output of more than 40 million […]
By Lynda Kiernan, Global AgInvesting Media Did you know that the vast majority of the blue dye used today to color the jeans we wear no longer comes from indigo plants, but is synthetic and made through petroleum-based processes that rely on toxic chemicals? I didn’t, either. Stony Creek Colors has been working since […]
By agri benchmark As Amazon has disrupted retail business, there is discussion about options for agricultural input manufacturers to sell directly to growers. A recent study conducted by agri benchmark Cash Crop identifies important potentials but also significant challenges. Local retailers and cooperatives have dominated the market for supplying crop inputs to farmers in most parts […]
By Joseph Byrum In these uncertain times, tangible investments provide comfort to the risk averse. Unlike buying shares in a company enjoying a spike in publicity, or taking up more complex instruments like derivatives, land is something you can see, touch, and smell. Real holdings don’t just exist on a computer screen — they can […]
By Matthew Kruse, CEO, Genesis Investimentos Brazil’s agricultural economy has been on a rampage the last several years. Strong exports and a weakening currency have made Brazilian grain some of the cheapest in the world. Brazil exports over two-thirds of its production, with China being the number one buyer. This has led Brazil to produce […]
By Lynda Kiernan, Global AgInvesting Media Contour Venture Partners has led a $6 million round of funding for HowGood, an SaaS data platform that is the largest sustainability database offering ingredient-level sustainability insights for CPG, restaurants, and retailers. Danone Manifesto Ventures, FirstMark Capital, and Trailhead Capital also participated in the round, along with additional unnamed […]
By Lynda Kiernan, Global AgInvesting Media Dole is set to merge with Dublin-based Total Produce, the leading fresh produce company in the EU, resulting in a combined entity that will be the largest fresh produce company in the world. Once established, the new company, which will be under the Dole Plc name, will have an […]
