By Lynda Kiernan-Stone, Global AgInvesting Media NatureSweet, the largest vertically integrated agricultural company in North America, announced the expansion of its portfolio with a new greenhouse facility that has begun planting and growing produce in Bonita, Arizona. It was only five months ago that Blue Road Capital, an independent investment firm focused on vertically integrated food […]
By Lynda Kiernan-Stone, Global AgInvesting Media As arable land suitable for agricultural production is in finite supply, FOTONIQ views greenhouses as the future of agriculture. And as high-tech greenhouse production continues to gain ground, the company sees the need for greater sustainability and efficiency to help growers increase production. The intersection of greenhouse production of […]
By Lynda Kiernan-Stone, Global AgInvesting Media Syngenta Group Ventures has led a $38 million Series D for ProducePay, recognized as one of Fast Company’s Most Innovative Companies and the World Economic Forum’s newest Unicorn Innovators for its work transforming and strengthening fresh produce supply chains. Joining Syngenta Group Ventures in this round were new investor […]
By Lynda Kiernan-Stone, Global AgInvesting Media Let’s dig into this one. Temasek has partnered with Singapore-based investment manager Seviora Capital, part of Seviora Group, an independent asset management group with $52 billion in AUM, that itself is wholly owned by Temasek. Through this partnership they will jointly invest in late venture and early growth stage […]
By S2G Ventures This is the first installment of a series looking back on our report, “Trends Shaping the Future of Food in 2023.” 2023 was a tough year for startups. It was the warmest year on record, and emissions from fossil fuels hit a new high. Geopolitical turmoil, inflation, rising interest rates, hesitant corporate […]
By Lynda Kiernan-Stone, Global AgInvesting Media Rest Super (Rest), one of Australia’s largest profit-to-member superannuation funds with 1.9 million members and more than A$80 billion (US$52.3 billion) in global AUM, has made its first alternative asset class impact investment in Cibus Fund II. Advised by London-based Cibus Capital, the Cibus funds’ strategy specializes in making […]
By Lynda Kiernan-Stone, Global AgInvesting Media More food tech news out of Europe. Dutch agrifood tech impact investor Future Food Fund II (FFF II) announced its final close at €40 million (US$43.11 million) with the support of aligned entrepreneurs and other high-profile backers such as the European Investment Fund (EIF) – which committed €20 million […]
By Lynda Kiernan-Stone, Global AgInvesting Media With the goal of increasing accessibility to the sustainable timberland asset class, Atlanta-based Southview Timberland Investments announced it is accepting investors for the first time since its launch, opening to a broader pool of accredited investors, family offices, and select institutions. The company is founded by John Brenard, a […]
By Lynda Kiernan-Stone, Global AgInvesting Media CBRE Agribusiness’s Angus Bills, Matt Childs, and John Harrison are managing the sale of the 635-hectare Yarrum Agriculture Almond Aggregation, representing a significant early-stage opportunity for potential buyers. Only twenty years ago, Australia’s almond industry totaled 5,000 hectares. Today, acreage has surged to 45,000 planted hectares – mostly concentrated […]
By Lynda Kiernan-Stone, Global AgInvesting Media After a year-long review process, Elanco Animal Health announced it has agreed to sell its aqua business to Merck Animal Health for approximately $1.3 billion in cash. Generating about $175 million in revenue and an approximate $92 million in adjusted EBITDA, the business includes products aligned with both warm […]
By Lynda Kiernan-Stone, Global AgInvesting Media Chocolate is almost universally loved. But the cocoa industry has been long-beset with challenging issues – economic, environmental, and social – including climate change, deforestation, child labor issues, and smallholder producers earning barely the price of a candy bar per day. In 2022, consumers spent EUR$180 billion (US$190.5 billion) […]
Lynda Kiernan-Stone, Global AgInvesting Media After six years being owned by The Carlyle Group, Accolade Wines, a global premium wine and spirits company and the second largest wine company in Australia, announced it has agreed to a recapitalization plan that will result in a change of control of the company. Under the terms of the […]
