By Lynda Kiernan, Global AgInvesting Media Kitu Life, the name behind the popular better-for-you cold brew and creamer brand Super Coffee, has raised $25 million through a funding round led by Skyview Capital, achieving a valuation of $200 million. Additional investors that participated in the round include Acronym Venture Capital; Echo Capital Group; Baron Davis, […]
By Lynda Kiernan, Global AgInvesting Media Perfect Day, a producer of animal-free, lab-created dairy proteins, announced it has raised a new $160 million tranche of funding led by Canada Pension Plan Investment Board’s (CPP Investments’) Thematic Investing group. This funding expands the company’s original $140 million Series C announced in December 2019 to $300 million, […]
By Lynda Kiernan, Global AgInvesting Media In business for only three years, Bulgaria-based Nasekomo is already scaling up its business that transforms agro organic waste streams into alternative protein for animal and fish feed, and sustainable organic fertilizer through the use of black soldier flies. In support of its proprietary robotized insect rearing technology, Nasekomo […]
By Lynda Kiernan, Global AgInvesting Media FMC Corporation announced the launch of its new capital venture arm FMC Ventures to target strategic investments in innovative startups and early-stage companies developing and applying emerging agricultural technologies. FMC Corporation is an ag sciences company providing cutting-edge solutions to the world’s farmers via its diverse portfolio of crop […]
By Lynda Kiernan, Global AgInvesting Media In February 2019 Israeli startup Tastewise announced the launch of its AI-powered intelligence platform designed to predict rapidly changing food trends and consumer tastes. Historically, restaurants would change their menu every few years, and new food product launches would be tied to focus groups and questionnaires that would lack […]
By Lynda Kiernan, Global AgInvesting Media New Zealand veteran horticulturalists Ross and Sharon Kirk have created Deep Creek Fruits NZ – a new platform under which is being consolidated two cherry orchard projects (Mt. Pisa and Lindis River) underway in Central Otago, New Zealand. Both projects are to be managed by leading New Zealand horticultural […]
By Lynda Kiernan, Global AgInvesting Media China Food Tech Hub – a new consortium model organized by Bits x Bites to foster cooperation between startups and global leaders – continues to grow with the addition of three high-profile members: Nestle, Ajinomoto, and Italian pasta giant Barilla’s Blu1877, a hybrid venture capital fund and innovation hub. […]
By Lynda Kiernan, Global AgInvesting Media After filing for bankruptcy in the early days of January, Borden Dairy Co., one of the largest and oldest dairy companies in the U.S., has been acquired by Capitol Peak Partners, who will assume majority ownership, and KKR, an existing lender to Borden, which will assume a minority position […]
By Lynda Kiernan, Global AgInvesting Media Lawn care giant Scotts Miracle-Gro announced it is launching a $50 million venture capital fund to invest in controlled environment agtech innovations, plant genetics, natural and organic fertilizer and control alternatives, and sustainable products and packaging. Named 1868 Ventures, the fund will be managed by Touchdown Ventures in partnership […]
By Lynda Kiernan, Global AgInvesting Media The Agri-Business Capital Fund (ABC Fund) has provided financing to the tune of approximately US$900,000 to Dragon Farming Ltd, a soy milling and aggregation company in Ghana. The ABC Fund was launched at the International Fund for Agricultural Development (IFAD) annual Governing Council in Rome in February 2019 as […]
By Lynda Kiernan, Global AgInvesting Media U.S. agbiotech startup and global crop nutrition company Boost Biomes has raised $5 million through a Series A round of funding, and has announced the establishment of a joint development agreement with lead investor Yara International. As lead investor, Yara committed $3 million to the round, which also included […]
By Lynda Kiernan, Global AgInvesting Media Australian early stage agtech investor Tenacious Ventures has made its first investment by co-leading an $8 million Series A for Goterra, a waste management startup that uses maggots in robot-automated systems to convert food waste into fertilizer and animal feed. Grok Ventures, the investment fund of Atlassian billionaire Mike […]
