By Gerelyn Terzo, Global AgInvesting Media UK pension giant Nest — in a move to add diversification to its funds — has selected Campbell Global for a high-profile timberland investment mandate. Campbell Global, a J.P. Morgan company, was enlisted to provide the pension scheme with a global portfolio of direct investments focused on core traditional […]
By Gerelyn Terzo, Global AgInvesting Media Family-owned ag and food giant Cargill has teamed up with Australia’s Goanna Ag for a pilot project aiming to bolster irrigation efficiency on cotton fields in the Mississippi Delta. Through the collaboration, the companies will bring cutting-edge technology designed to overhaul the way growers water their fields with a […]
By Gerelyn Terzo, Global AgInvesting Media Seattle-based agtech startup Terrantic, which is digitizing the ag supply chain, has secured $3.5 million in a seed round that was oversubscribed. Led by Supply Change Capital, the round extended other backers including York IE and Vitalize VC as well as Array Ventures, the latter of which is an […]
By Gerelyn Terzo, Global AgInvesting Media Plonts, an Oakland, California-based startup that develops plant-based cheeses, has launched its maiden product on the heels of a $12 million seed round. Led by climate-tech VC firm Lowercarbon Capital, the round also extended to other participants, including Peter Rahal’s Litani Ventures, Accelr8, Pillar and Ponderosa Ventures as well […]
By Gerelyn Terzo, Global AgInvesting Media After doling out $A13.4 million (US$8.8 million) for New England cattle farm Dyamberin in 2018, Australia’s Rural Funds Management has listed the institutional grade property for sale. Situated in the Wongwibinda district of New South Wales, inherent with grass-fed weight gains, ample rainfall and a temperate climate, Dyamberin boasts […]
By Gerelyn Terzo, Global AgInvesting Media The Alberta Investment Management Corporation (AIMCo), which invests on behalf of Canadian pension funds, endowments and government funds, has received the early green light from creditors to control the Yeeda Pastoral Company, a debt-ridden premium cattle producer in Western Australia’s Kimberley region, per an ABC News report. Yeeda Pastoral […]
By Gerelyn Terzo, Global AgInvesting Media U.K.-based agtech PheroSyn, an early-stage startup specializing in the development of insect pheromones for crop protection, has received a capital injection from Canadian VC firm Tall Grass Ventures to advance its sustainable pest management solutions. While the the size of the investment is being held close to the vest, […]
By Gerelyn Terzo, Global AgInvesting Media After securing €5 million (US$5.4 million) in seed capital in early July, Dornbirn, Vorarlberg, Austria-based Tree.ly, a startup dedicated to protecting European forests, is well capitalized for its carbon offset projects. Participants in the round included PortfoLion Capital Partners, aws Gründungsfonds, SymbiaVC and tyrolean business angel (tba) network, the […]
By Gerelyn Terzo, Global AgInvesting Media Los Angeles-based Agrovision, a tech-powered superfruit platform, has closed a $100 million equity round to finance its next growth phase. With berry consumption on the rise, Agrovision scored a $1 billion-plus valuation. Founded in 2012, Agrovision welcomed returning investor Ailment Capital to the round alongside Steve Kaplan, co-founder of […]
By Gerelyn Terzo, Global AgInvesting Media The Helios Climate, Energy Access, and Resilience (CLEAR) Fund, overseen by African-focused PE firm Helios Investment Partners, has reached its first close after securing $200 million in anchor investments across multiple companies and governments. British International Investment (BII), the UK’s development finance institution, committed $20 million to the fund, […]
By Gerelyn Terzo, Global AgInvesting Media In its maiden engagement with an institutional timberland investment manager, the International Finance Corporation (IFC), a World Bank Group division, has committed $50 million to jumpstart BTG Pactual’s Timberland Investment Group (TIG) Latin American reforestation strategy. The announcement was made at a signing ceremony in São Paulo, Brazil, where […]
By Gerelyn Terzo, Global AgInvesting Media This summer, Grounded Capital, a San Francisco-based SEC-registered investment advisor, has made back-to-back investments to support sustainable food production in the United States. These included a $22.5 million investment into Lotus Foods coupled with a new equity investment into the Straus Family Creamery in June and July, respectively. Grounded […]
