Photo credit: ProteinDistillery By Lynda Kiernan-Stone, Global AgInvesting Media Berlin-based impact food tech venture fund Green Generation Fund has led a Seed round exceeding €15 million (US$16.39 million) for ProteinDistillery, a food tech company looking to redefine protein ingredients by leveraging the powers of nature and cutting-edge technology. Joining Green Generation Fund was the Startup […]
By Lynda Kiernan-Stone, Global AgInvesting Media Global fresh fruit leader Unifrutti has had a big start to 2024. At the end of January the company announced it had agreed to acquire Verfrut, a prominent grower and exporter of fresh produce with a presence in Chile and Peru. Now, the company is continuing its expansion strategy, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Southwest Airlines is investing $30 million into a partnership with LanzaJet, a top sustainable fuels technology company and sustainable fuels producer, for the development of a sustainable aviation fuel (SAF) production facility and to advance the operations of SAFFiRE Renewables, a corn stover-to-ethanol tech company in which Southwest is invested. […]
By Michelle Pelletier Marshall, Global AgInvesting Media You’ve joined GAI News on the “Three Questions With…” journey before. Today, we expand beyond agtech in our coverage to showcase the movers and shakers in ag investing. As with our first “Three Questions With…” we will provide a quick peek inside some of the sectors’ most creative […]
By Lynda Kiernan-Stone, Global AgInvesting Media Leading food, feed, and fiber agribusiness Olam Agri has completed the acquisition of Avisen SARL (Avisen), the second largest poultry feed supplier in Senegal, for US$24.8 million, through a deal funded by a combination of existing cash and debt facilities. Olam Agri was one of the operating groups formed […]
By Lynda Kiernan-Stone, Global AgInvesting As the company evolves from the R&D stage to market entry, Swiss food tech startup Cultivated Bioscience announced it has closed on $5 million in Seed funding to boost the development of its yeast-derived cream in collaboration with the food industry, and to position the company for a U.S. market […]
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 […]
