By Lynda Kiernan, Global AgInvesting Media Just days after GAI News shared that Harvard’s $41.9 billion endowment is spinning off its natural resources portfolio and team to launch Solum Partners – an independent management firm – the endowment is now selling its Western Rosella Farming portfolio in New South Wales with expectations of fetching A$120 […]
By Lynda Kiernan, Global AgInvesting Media Pontifax AgTech Management announced the final close of its second fund – Pontifax Global Food and Agriculture Technology Fund II (Fund II) at $302 million. These capital commitments led Fund II to surpass its hard cap of $300 million to close oversubscribed, bringing Pontifax AgTech’s current AUM to $465 […]
By Lynda Kiernan, Global AgInvesting Media Harvard University’s $41.9 billion endowment is spinning off its natural resources portfolio and team to launch Solum Partners, an independent management firm focused on investment opportunities in the global agriculture and food industries. The company will target large-scale, efficient ag production assets that present potential for vertical integration into […]
By Lynda Kiernan, Global AgInvesting Media The Darlington Point Aggregation, an irrigated horticulture and row crop operation located in the Riverina region of New South Wales, has been placed on the market with expectations that it will fetch between A$50 million (US$35.6 million) and A$60 million US$42.8 million). Agrinova Pty Ltd. has appointed Peter Ryan […]
By Lynda Kiernan, Global AgInvesting Media In a major boost to its sustainability initiatives and goals, Syngenta Group announced it has agreed to acquire leading global biologicals company Valagro for an undisclosed sum. From its beginnings 40 years ago in a remote area of Italy, Valagro has grown to become a global multinational company with […]
By Lynda Kiernan, Global AgInvesting Media Once a topic for science fiction, the possibility of creating lab-generated meat on a commercial scale is becoming more and more plausible, while the environmental and social benefits of such a system are catching the attention of both consumers and high-profile investors. Reflecting this, the Good Food Institute found […]
By Lynda Kiernan, Global AgInvesting Media ASX-listed almond giant Select Harvests announced the completion of an institutional placement with a take-up rate of nearly 99 percent, raising the company A$81.7 million (US$58.4 million) – A$40.2 million (US$28.7 million) under the Placement, and another A$41.5 million (US$29.6 million) under the Institutional Entitlement Offer. A second fully underwritten […]
By Lynda Kiernan, Global AgInvesting Media SHIFT Invest announced it has raised another EUR23 million in the second close of its impact fund SHIFT III. This capital not only brings the fund to EUR 70 million – twice the size of its predecessor – but also makes it the largest early stage VC fund in […]
By Lynda Kiernan, Global AgInvesting Media Reminiscent of a deal only a month ago, Gladstone Land announced that it has acquired 801 acres of farmland in Fresno County, California, of which 757 acres are planted in pistachio trees, for approximately $31.8 million. It was only on September 8 that GAI News shared that Gladstone acquired 2,515 […]
By Shannon Bergstrom, Recycle Track Systems Food waste is an economic, environmental, and social disaster. In the United States alone, nearly 40 million tons of food is thrown out every year, which equates to around 40 percent of all produce in the U.S. food supply. Much of this waste is created at the consumer and […]
By Lynda Kiernan, Global AgInvesting Media Mauritius-based Loinette Capital has acquired Hortanzia – a Tanzanian farming company based near Arusha that produces coffee, chives, baby corn, French beans, and mint – the bulk of which are grown for export markets. Founded in 2008, Loinette Capital is a specialist asset-based finance and insurance brokerage provider that […]
photo credit: Shiok By Lynda Kiernan, Global AgInvesting Media Sustainable aquaculture and related tech investor Aqua-Spark has made its first investment in cell cultured seafood, leading $12.6 million in Series A funding for Singapore-based cultured shrimp startup Shiok Meats. Joining Aqua-Spark in this round was an extensive list of investors including Enterprise Singapore’s SEEDS Capital, […]
