By Lynda Kiernan, Global AgInvesting Media Apeel Sciences has raised $250 in new capital through a round led by GIC. Additional participants include Viking Global Investors, Upfront Ventures, Tao Capital Partners, and Rock Creek Group, along with Oprah Winfrey and Katy Perry, who are both minority, non-participatory investors in support of the company’s mission to reduce […]
By Kendell Lang, Fusion Farms Two years ago, Dr. Jonathan Foley, a climate and environmental scientist from the University of Minnesota, published an article titled No, Vertical Farms Won’t Feed the World, which was followed by the tagline: “While they are well-intentioned, new indoor “farms” won’t help feed the world or reduce the environmental impacts […]
By Julie Deering, Women in Agribusiness Media It must have been fate because all that the 20-year-old Jeff VanPevenage wanted to do was trade wheat. While finishing his senior year of college at Washington State University, VanPevenage started with Columbia Grain International (CGI), LLC. Shortly thereafter, he transferred to Great Falls, Montana, where he spent […]
By Lynda Kiernan Te Puke, New Zealand-based Seeka Limited – the largest grower of kiwifruit in the country – announced it has agreed to sell three of its Australian kiwi orchards with a total land area of approximately 199 hectares (491.74 acres), for A$26.5 million (US$17.4 million). The deal to divest the Austral, Lakes, and […]
By Lynda Kiernan, Global AgInvesting Media Sound Agriculture, a developer of sustainable crop solutions that “unleash the natural power of plants”, announced it has raised $22 million through a Series C led by Chicago-based S2G Ventures. Additional existing investor participants include Cultivian Sandbox, Fall Line Capital, Cavallo Ventures, and Syngenta Ventures. Under the terms of the […]
By Lynda Kiernan A new entity led by representatives of U.S.-based Artemis Growth Partners has acquired Bridge Farm Group, the UK’s leading producer of herbs, produce, flowers, and plants, and one of the world’s largest horticultural companies, through a deal valued at $105 million. This M&A transaction reflects the largest sponsor-driven European deal in history […]
By Lynda Kiernan Maybe it’s the lack of fresh air, but I admit, I was confused for a hot minute – so I decided to get my ducks in a row and write one article about recent capital rounds raised by Cubiq Foods and CubicFarms. Cubiq Foods Spanish foodtech startup Cubiq Foods announced it has […]
By Lynda Kiernan, Global AgInvesting Media As World Bee Day is May 20, ApisProtect, an Irish agtech startup working to save the world’s bee population, announced it has joined the Microsoft for Startup program, forging a strategic partnership that will allow ApisProtect to use Microsoft technologies to scale its business over the course of the coming […]
By Lynda Kiernan Farm Credit Canada (FCC) has partnered with Calgary-based venture capital firm Forage Capital Inc. to launch a new $100 million (US$72 million) venture capital fund designed to support proven, viable companies facing unexpected challenges due to incidents such as the COVID-19 pandemic. FCC is the leading Canadian lender to the agriculture and […]
By Lynda Kiernan Less than three months after announcing a $1.8 million investment led by Brightspark Ventures, tech-based vertical farming company Elevate Farms announced that it has secured a $10 million investment from North Star Agriculture Corp. to bring Elevate’s proprietary vertical farming tech to the Yukon and other isolated northern territories of Canada. This […]
By Lynda Kiernan India’s Intello Labs announced it has raised $5.9 million through a Series A led by new investor Saama Capital. Other participating new investors include Singapore-based agtech accelerator GROW, and U.S.-based SVG Ventures THRIVE, along with returning investors Omnivore Partners, and Nexus Venture Partners. This funding follows a $2 million Seed round raised […]
By Adam Bergman, Managing Director, EcoTech Capital For most new technologies, including those in the food & ag sectors, one of the hardest things to do is move from early adoption to mass market consumption. However, COVID-19 is providing an unexpected boost to the plant-based protein sector. With several meat processing facilities idled or running well below […]
