photo credit: RE:OCEAN By Lynda Kiernan-Stone, Global AgInvesting Media The European Investment Bank (EIB) has made a venture debt investment of SEK 530 million (US$50.85 million) in RE:OCEAN, a company developing Sweden’s first inland, large-scale fish farm in Säffle, Värmland. Currently, Sweden imports nearly all of the salmon consumed in the country. Between 2017-2020, imports […]
By Lynda Kiernan-Stone, Global AgInvesting Media UK-based specialist alternative investment management group Gresham House announced the launch of the Irish Strategic Forestry Fund – a major new fund for Irish and international investors to drive afforestation across Ireland. Seeded with an initial cornerstone investment from Ireland Strategic Investment Fund (ISIF) of €25 million (US$26.84 million), […]
By Lynda Kiernan-Stone, Global AgInvesting Media Samurai Incubate Africa, Future Africa, and Consonance Investment Managers have led a $2.7 million Seed round, with participation from Stephen Pagliuca, chairman of Bain Capital, and Justin Kan of Twitch, for Releaf, a Nigerian agtech startup developing proprietary hardware and software solutions to advance the country’s oil palm sector. […]
By Lynda Kiernan-Stone, Global AgInvesting Media Colliers Agribusiness is beginning 2023 on a high note, having been appointed by partners Brett Blundy and Jane and Scotty Armstrong as the agents to exclusively market Northern Australia’s most developed cattle property, Beetaloo Aggregation. Located in the Northwestern end of the Barkly Tablelands near Elliot, NT, Beetaloo Aggregation […]
By Lynda Kiernan-Stone, Global AgInvesting Media Food and consumer industry-focused private equity firm PAI Partners has entered into an agreement with IFF to acquire its Savory Solutions Group through a deal valuing the business at approximately $900 million. Focusing primarily on ingredients for prepared foods and foodservice, the IFF Savory Solutions Group includes several business […]
By Lynda Kiernan-Stone, Global AgInvesting Media I just learned something really interesting. The human brain has us convinced that when we enjoy a food or beverage it’s due to what we are tasting. But in reality, only 25 percent of that joy is related to taste, the other 75 percent of that experience is due […]
By Lynda Kiernan-Stone, Global AgInvesting Media While still in its relatively early stages, the emergence and growth in demand for plant-based foods continues to grow. Increasing consumer awareness about protein content in their diets, paired with a desire to limit animal-based proteins due to personal health and animal welfare concerns, has led to a surge […]
By Lynda Kiernan-Stone, Global AgInvesting Media Sustainable food tech innovator Benson Hill is streamlining its business, having announced its agreement to divest its Fresh business unit in a two-part deal for an aggregate sale price of $21 million. Founded in 2012, Benson Hill leverages Cloud Biology®, or the combination of data science, machine learning, AI […]
By Lynda Kiernan-Stone, Global AgInvesting Media Precision fermentation is really not a new technology. For decades it has been used for very specific applications, such as the production of insulin. However, barriers having to do with the costs associated with development of the technology and production have bottlenecked growth – until recently. In 1978, Arthur […]
By Lynda Kiernan-Stone, Global AgInvesting Media BNP Paribas Asset Management (BNPP AM), the investment arm of leading European banking group BNP Paribas, announced the acquisition of a majority stake in natural resource investment specialist International Woodland Company (IWC). Established in 1991 and headquartered in Copenhagen, Denmark, IWC Group is a leader in natural resource investment […]
By Lynda Kiernan-Stone, Global AgInvesting Media Japan’s Asahi Group Holdings has launched Asahi Group Beverages & Innovation, an investment management company headquartered in San Francisco, California, for the establishment of a startup investment fund, Asahi Group Beverages & Innovation Fund. Beginning in January 2023, the fund will seek to make minority investments in U.S. startups […]
By Lynda Kiernan-Stone, Global AgInvesting Media Sound Agriculture, a developer of nature-based biochemical solutions that enable agriculture to adapt faster to climate change while producing healthier, more sustainable foods, announced the close of a $75 million Series D led by new investors BMO Impact Investment Fund and Chan Zuckerburg Initiative. Also participating in this round, […]
