By Lynda Kiernan-Stone, Global AgInvesting Media Within weeks of nature-based real asset and natural capital strategies manager New Forests making its first investment through its Tropical Asia Forest Fund 2 (TAFF2), New Forests has now made its final capital investment for its A$866 Australia New Zealand Forest Fund 3 (ANZFF3). Marking its final deployment, New […]
By Lynda Kiernan-Stone, Global AgInvesting Media Cultivate Next, the $50 million venture capital fund of Chipotle Mexican Grill, is now a $100 million venture fund after Chipotle announced it doubled its capital commitment to mark the fund’s two-year anniversary. Originally launched in 2022, Cultivate Next makes early-stage investments in strategically aligned startups with the potential […]
By Lynda Kiernan-Stone, Global AgInvesting Media Dole announced it has agreed to sell its 65 percent majority stake in Progressive Produce to PFT Holdings, the parent company of Pacific Trellis Fruit, and a portfolio company of Arable Capital Partners, in a $120 million deal. “We are pleased to announce the sale of our equity interest […]
By Lynda Kiernan-Stone, Global AgInvesting Media After patenting their saltwater aquaponics technology and successfully operating a pilot farm, pioneering French sustainable aquaculture company Agriloops announced a second capital increase supplemented by debt and grants, for a total of EUR 13 million. This new round included participation from a new banking consortium and various return investors […]
By Lynda Kiernan-Stone, Global AgInvesting Media Company-building platform and early stage investor in ag and food technologies, Radicle Growth, has a history of forging partnerships and launching platforms that create challenges designed to identify and grow startups advancing technologies that drive the evolution of our food systems. Its latest announcement is for the launch of […]
By Lynda Kiernan-Stone, Global AgInvesting Media Specialist Investment advisory firm Cibus Capital announced the successful close of Cibus Fund II (CF II) – its second mid-market private equity fund – with over US$510 million in capital commitments, and Cibus Enterprise Fund II (CE II) – its second venture fund – with more than $135 million […]
By Lynda Kiernan-Stone, Global AgInvesting Media Japanese global trading and investment company Mitsui & Co. and Brazil-based Suzano S.A., the world’s largest paper and pulp producer, have forged a non-exclusive Joint Collaboration Agreement focused on exploring the manufacture and sale of next-generation biomaterials and derivatives, such as biofuels. A foundation for the venture is Suzano’s […]
By Lynda Kiernan-Stone, Global AgInvesting Media MEAG, the asset manager of Munich Re Group with current AUM of approximately €340 billion (US$367 billion), announced a first close for its MEAG Sustainable Forestry Equity Fund at $207 million committed by German insurers and the pension scheme of an unspecified DAX-listed company group. Munich Re Group has […]
By Lynda Kiernan-Stone, Global AgInvesting Media The sale of Maryfield Station and Limbunya Station – two institutional scale, Northern Territory cattle operations – is being managed by LAWD with expectations of drawing in buyers seeking out assets able to generate significant carbon credits. Owned by Sam Mitchell from Sydney-based Wealthcheck, both grazing and finishing properties […]
By S2G Ventures This is the third and final installment of a series looking back on S2G Venture’s report, Trends Shaping the Future of Food in 2023. Read Part 1 of this series, Reflections on 2023 AgTech Trends, and Part 2, “Reflections on 2023 Food and Agriculture Supply Chain Trends.” In March of 2023, we […]
Photo credit: Oishii By Lynda Kiernan-Stone, Global AgInvesting Media The aptly named vertical farming leader Oishii (meaning “delicious” in Japanese) announced the successful closing of a $134 million Series B led by Japanese telecommunications company NTT, bringing total funding to-date to $189 million. “While many in the industry prioritize short crop cycles and unrelenting expansion, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Controlled environment agriculture (CEA) startup Hippo Harvest announced it has secured $21 million in Series B funding led by Standard Investments and including Congruent Ventures, Amazon’s Climate Pledge Fund, Hawthorne Food Ventures, and Energy Impact Partners to advance its first-of-its-kind modular greenhouse design platform. The intersection of greenhouse production […]
