By Gerelyn Terzo, Global AgInvesting Media Building on a trend set in motion by the Development Bank of Japan (DBJ), Sumitomo Mitsui Trust Bank (SMTB) has committed to invest in Laguna Bay Fund 2, overseen by Brisbane, Australia-based Laguna Bay Group. Tokyo’s SMTB has signed on as an impact equity investor as part of a […]
By Gerelyn Terzo, Global AgInvesting Media San Francisco-based farming startup Plenty Unlimited has formed a joint venture with Mawarid Holding Investment, an Alpha Dhabi Holding subsidiary, in the UAE for fresh strawberry production using its vertical farming technology. The companies have committed to investing a total of $680 million over the next half decade to […]
By Gerelyn Terzo, Global AgInvesting Media The Development Bank of Japan (DBJ) has announced an investment into the Seviora Future of Food and Farming (T3F) Feeder Fund LP, the first of its kind for Asia-based investment manager Seviora Capital, an indirect wholly owned subsidiary of Temasek Holdings. The strategy, which was originally launched in early […]
By Gerelyn Terzo, Global AgInvesting Media One agtech startup has just moved closer to its vision of improving the lives of coconut growers around the world. Permia Sensing, a London-based company whose agriculture and monitoring solutions detect Red Palm Weevil (RPW) larvae growing in coconut palm trees, has raised £150,000 (US$195,041) from the British Design […]
By Gerelyn Terzo, Global AgInvesting Media Cultivation Capital, a St. Louis-based venture capital firm, is feeling optimistic about market conditions for agtech deals. According to a U.S. SEC filing, the firm has introduced the Cultivation Capital AgTech Fund IV for a total offering amount of $20 million, with a minimum allocation from outside investors of […]
By Gerelyn Terzo, Global AgInvesting Media Iceland-based Laxey, a sustainable operator of land-based fish farms in Vestmannaeyjar, also known as the Westman Islands, has successfully completed an EUR 6 million equity private placement to finance the construction of phase two of its head-on gutted (HOG) land-based salmon production facility. The project is designed to meet […]
By Gerelyn Terzo, Global AgInvesting Media Montreal-based Fiera Comox Partners, an affiliate of Fiera Capital Corporation with $3.3 billion-plus in assets under management, has entered into a joint venture with Ngāi Tahu Holdings for the development of a forestry estate on the West Coast of New Zealand, South Island. According to the terms of the […]
By Gerelyn Terzo, Global AgInvesting Media In what Bonifiche Ferraresi (BF) has dubbed “the most important Italian agro-industrial project on the Southern shore of the Mediterranean,” the nation of Algeria and BF have partnered for a $455 million agriculture initiative. The deal, which is designed to strengthen food security in the North African country through […]
By Gerelyn Terzo, Global AgInvesting Media Estonia-based eAgronom, an agtech company specializing in climate technology, has attracted EUR 10 million to its coffers in a Series A2 equity round led by Swedbank AB. Of the total investment, eAgronom netted EUR 4.2 million from a booster round that took place last year, which has since been […]
By Lynda Kiernan-Stone, Global AgInvesting Media Indicative of decarbonization’s role in tackling climate change, HutanBio announced it has expanded its Seed funding to £3 million (US$3.84 million) with additional funding committed by UK Innovation and Science Seed Fund (UKI2S). This development follows the company’s announcement in February of this year that Clean Growth Fund, a […]
By Lynda Kiernan-Stone, Global AgInvesting Media Canadian investment firm Tall Grass Ventures (TGV) announced the oversubscribed final close of its inaugural fund – Tall Grass Fund I – at CAD$32 million. While there are myriad advancements on the horizon, the agricultural sector demands urgent attention due to the intensifying impacts of climate change, increasing food […]
By Lynda Kiernan-Stone, Global AgInvesting Media Cal-Maine Foods, the largest producer and distributor of fresh shell eggs in the U.S., is continuing to expand its national footprint with the acquisition of ISE America for approximately $110 million in cash. Eggs are one of the most commonly used animal proteins. Global egg production has almost doubled […]
