By Lynda Kiernan, Global AgInvesting Media Data science company Climax Foods has raised $7.5 million in Seed funding to use AI to raise the efficiency of plant-based food production. This oversubscribed round was backed by At One Ventures, which was founded by GoogleX co-founder Tom Chi, Manta Ray Ventures, S2G Ventures, Valor Siren Ventures, Prelude […]
By Lynda Kiernan, Global AgInvesting Media Solar Foods has raised another €15 million (US$17.66 million), to close its Series A at a total €18.5 million (US$21.8 million). This round, which was led by Finnish food producer Fazer Group, and included Bridford Investments Limited, Agronomics Limited, Lifeline Ventures and CPT Capital, represents the largest food tech […]
By Lynda Kiernan, Global AgInvesting Media For the second time within weeks Gladstone Land announced a major farmland deal – sharing that it has acquired 2,515 gross acres of farmland in Fresno County, California for approximately $31.8 million. Less than 10 days earlier, Gladstone announced a deal on the opposite coast when it acquired 939 […]
By Michelle Pelletier Marshall, Global AgInvesting Media By all counts, Jacqueline Heard has the capabilities, experience, and knowledge to drive substantial change and innovation in the ag sector. Heard, who is CEO of Enko Chem and a venture partner at Anterra Capital, has put her PhD in biology from Boston College and MBA from MIT […]
photo credit: Saga Robotics By Lynda Kiernan, Global AgInvesting Media Few in agriculture can say that COVID-19 is good for business. Agriculture robotics however is an outlier. Despite employing 1.1 billion people worldwide, agriculture has been challenged with labor shortages in recent years – something that has only been compounded by the current pandemic, which […]
By Lynda Kiernan, Global AgInvesting Media Australia’s Gunn Agri Partners, an agricultural asset management company operated by co-founders Bill Gunn, Alan Hoppe, Daniel Hough and Bradley Wheaton, targets investment strategies that are supported by strong economic fundamentals, such as increasing demand for beef, grains, oilseeds, and almonds, that are attractive due to the potential to […]
By Lynda Kiernan, Global AgInvesting Media A three-year old partnership between Australia’s Michael Gordon and well-known sheep breeders Will and George Grimwade has acquired the iconic Terrica sheep aggregation for an estimated A$14 million (US$9.5 million). “We are seeking to build a balanced portfolio in terms of climatic diversity and spreading risk between sheep and […]
By Michelle Pelletier Marshall, Global AgInvesting Media In their frequent travels around the world to implement agricultural projects, Tyler and Amy Bruch were met with a resounding theme: that it was very difficult for landowners to find new tenants outside of traditional methods. To that, they answered with creating LandRenter to provide an online solution […]
By Lynda Kiernan, Global AgInvesting Media Brazil’s SP Ventures has raised $17.2 million, announcing a first close for its $50 million Latin America-focused ag and food tech fund. With high-profile backers Syngenta Ventures and BASF, along with high-net-worth investors and an unnamed Seattle-based fund of funds, the fund plans to make early stage Seed and […]
By Lynda Kiernan, Global AgInvesting Media Gladstone Land’s latest deal brings the investor into a new U.S. region for the company with the announcement of the acquisition of 939 gross acres of farmland in Maryland’s Eastern Shore and Delaware for approximately $7.4 million. The land will be used to grow vegetables and sod, and in connection with […]
By Michelle Pelletier Marshall, Global AgInvesting Media There’s no arguing the fact that the discussion of trade is key right now in agriculture. With the replacement of NAFTA with the United States-Mexico-Canada Agreement (USMCA), which just went into effect last month, and the microscopic lens on the details of the Phase 1 trade agreement between […]
By Mark Peart, CEO, DIT Technologies As we closed off Direct Injection Technologies (DIT) accounts for the 2020 audit, I paused to read the latest email updates on agtech. I noted the excitement, the forecasts, the ‘product’ and often the lack of matching producer demand and thought back to when I ‘zero-started’ DIT. I reflected […]
