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AgroSpheres Brings Total Series B Funding to $25M

photo credit: AgroSpheres By Lynda Kiernan-Stone, Global AgInvesting Media Founded in 2016 by COO Payam Pourtaheri and CTO Ameer Shakeel, AgroSpheres’ mission is to dramatically improve the delivery of pesticides, making them more effective, cheaper, and more environmentally-friendly. Working to transform agriculture through reliable and affordable biological solutions, AgroSpheres’ biomanufacturing platform has unlocked cost-effective production […]

AMERRA Capital Management Divests Bluefin Tuna Rancher Baja Aqua-Farms

By Lynda Kiernan-Stone, Global AgInvesting Media An investor consortium comprising Continental Grain Company (Conti), publicly listed, Mexican food and beverage-focused holding company Organización Cultiba SAB de CV (Cultiba), and private equity firms Equity Group Investments (EGI) and Castle Harlan, have made an investment in Baja Aqua-Farms, a leading vertically integrated Bluefin tuna rancher in Baja […]

Protein Industries Canada Backs Three Companies Partnering to Advance Plant-Based Salmon

By Lynda Kiernan-Stone, Global AgInvesting Media Protein Industries Canada is one of five Global Innovation Clusters that since 2018 has invested or co-invested nearly CAD$500 million (US$368.50 million) in innovations relating to plant-based foods, feed, and ingredients.  In February 2023, the initiative received an additional CAD$150 million (US$110.55 million) in funding and as its first […]

INVL Baltic Sea Growth Fund Acquires Galinta Group

By Lynda Kiernan-Stone, Global AgInvesting Media Here’s something we don’t speak of often – buckwheat. Did you know that buckwheat is not a form of wheat?  And is, in fact, not a grain, or even a grass, but a type of seed (called a “groat” – simply meaning a hulled seed) harvested from plants that are […]

AIMCo and New Agriculture Agree to Acquire 2.9M Ha. Kimberly Cattle Portfolio

By Lynda Kiernan-Stone, Global AgInvesting Media Alberta Investment Management Corporation (AIMCo) and its investment partner New Agriculture have agreed to acquire the 2.9 million-hectares (7.2 million-acre) Kimberley Cattle Portfolio that was placed on the market earlier this fall through a listing managed by LAWD. Financial details of the transaction are not being disclosed at this […]

Hancock Agriculture Boosts Wagyu Business With Split Rock Dairy Acquisition

By Lynda Kiernan-Stone, Global AgInvesting Media In May 2023, Hancock Agriculture acquired Moolan Downs and Ottley Station from Packhorse Pastoral for approximately A$80 million (US$52 million), as part of a wider restructuring of the group’s portfolio and focus as it looks to expand its Wagyu beef operations. Hancock Agriculture explained that its east coast Wagyu […]

TômTex Lifts Seed Funding to $4.15M for Shrimp and Mushroom-Based Biomaterials

By Lynda Kiernan-Stone, Global AgInvesting Media Basing its name on tôm, the Vietnamese word for shrimp, Brooklyn, New York-based TômTex is working to simultaneously address the issues surrounding waste in both the food and textile industries with one sustainable, affordable solution.  Founder Uyen Tran, a trained designer born and raised in Danang, Vietnam, one of […]

Joint Venture Affiance Limited to Transform Tobacco Farms in Malawi into Large-Scale Stevia Farm

By Lynda Kiernan-Stone, Global AgInvesting Media Affiance Limited, a joint venture formed between Press Agriculture Limited – a company owned by Press Trust Limited –  and the MGT Trust Australia, has reportedly secured significant funding to transform existing tobacco farms in southern Malawi into the country’s largest Stevia farm.  Vast in scale, the project involves […]

Japan’s Mitsui Invests in Egyptian Integrated Poultry Business Wadi Poultry

By Lynda Kiernan-Stone, Global AgInvesting Media Japan’s Mitsui & Co. Ltd. (Mitsui) has agreed to invest in Wadi Poultry, an Egyptian integrated poultry business encompassing the production of breeding chickens, the production and processing of broilers, the manufacturing of processed foods, the sale and distribution of these products, and the procurement of feed grain.  Wadi […]

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