By Lynda Kiernan-Stone, Global AgInvesting Media Columbia Fruit Packers (CFP) and Frosty Packing announced the merging of their respective businesses upon an unspecified strategic investment led by the sustainable investment business arm of Goldman Sachs Asset Management (GSAM). The newly consolidated company, which will be known as Columbia Fruit Packers LLC and will continue to […]
By Lynda Kiernan-Stone, Global AgInvesting Media Alternative protein pioneer Micro Meat and Orbital Assembly (OA), a developer of space-centric business parks with variable gravity capabilities, have signed a memorandum of understanding to co-develop systems to produce cultivated meat in space. Did you know it costs as much as $10,000 per pound to transport meat into […]
By Lynda Kiernan-Stone, Global AgInvesting Media Tech-driven vertical farming company Elevate Farms raised in excess of C$26 million (US$19 million) in capital – consisting of equity and secured project finance – through a series of global investments anchored by long-time investor Brightspark Capital. Based in Toronto, Canada, Elevate Farms’ novel business model uses hydroponics and […]
By Lynda Kiernan-Stone, Global AgInvesting Media International private equity platform Bregal Investments announced a majority investment in, and strategic partnership with, PUR Projet (PUR), a nature-based solutions project developer with a focus on agroforestry and regenerative agriculture in the coffee, cocoa, and other global supply chains. Last year, Bregal was key in driving the development […]
By Lynda Kiernan-Stone, Global AgInvesting Media Earlybird Venture Capital has led the world’s largest Series A round for a cultivated meat company to-date, heading up $48 million in new funding for Paris-based startup Gourmey. Joining Earlybird in the oversubscribed round was a new syndicate of investors including Amsterdam-based Keen Venture Partners and Instacart CEO Fidji […]
By Lynda Kiernan-Stone, Global AgInvesting Media Identifying as “part investors, part entrepreneurs”, BridgeLane is an alternative investment company established in 2009 in Sydney, Australia, by Markus Kahlbetzer. Under its focus on long-term agricultural projects, and a mandate to bring innovation to more traditional industries and transform underperforming farmland into high-yielding assets, BridgeLane has built significant rural […]
By Lynda Kiernan-Stone, Global AgInvesting Media Leading Spanish investment and asset management company Azora Group (Azora) has acquired a 33 percent stake in Iberian Smart Financial Agro (ISFA), an ag project management company focused on the development of high-density almond farms under the Sustainable Efficient System (SES) cultivation system. Based in Vitoria, Spain, ISFA scouts […]
By Lynda Kiernan-Stone, Global AgInvesting Media Early stage food tech investor and accelerator Big Idea Ventures (BIV) has revealed its latest cohort of 17 early-stage startups chosen to participate in its bi-annual new protein accelerator program. With accelerators in New York, Singapore, and now Paris, and headed by managing general partner Andrew Ive, Big Idea […]
By Lynda Kiernan-Stone, Global AgInvesting Media Global alternative investment manager Investcorp has acquired a majority stake in Sunrise Produce, a leading wholesale produce distributor based in Southern California, for an undisclosed amount. For Investcorp, this deal provides strong exposure to a high-potential segment of the food supply chain. The U.S. fruit and vegetable market, which […]
By Lynda Kiernan-Stone, Global AgInvesting Media Massachusetts-based, mission-driven seed breeding technology company Inari announced it closed on another $124 million in Series E funding, successfully completing its latest fundraise and bringing cumulative capital commitments to the company to $475 million. This round reflects strong support for the company from new investor Canada Pension Plan Investment Board […]
By Lynda Kiernan-Stone, Global AgInvesting Media Hybrid autonomy and tele-assist service platform Agtonomy has successfully closed on a Seed III round, bringing total funding to-date for the startup to $13.5 million. Co-leading the round were Cavallo Ventures, the venture arm of Wilbur-Ellis, and Mirae Asset Venture Investment, the venture unit of South Korea-based Mirae Asset […]
By Lynda Kiernan-Stone, Global AgInvesting Media French independent agri-food and agro-industry investor Unigrains has acquired a minority stake in Huilerie Cauvin (Cauvin), a French family-owned oil mill specializing in the production, packaging, and distribution of premium vegetable oils. Undertaken at the behest of the company’s family shareholders, this transaction is happening at a point when […]
