Unifrutti Strengthens Fruit Platform with Bomarea and AvoAmerica Peru Acquisitions
March 12, 2024
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, a
Read moreSouthwest Airlines Invests $30M in LanzaJet to Produce SAF from Ag Residues
March 12, 2024
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 s
Read moreThree Questions With… Rob Appleby, Founder and CIO, Cibus Capital LLP
March 11, 2024
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
Read moreOlam Agri Acquires Second Largest Poultry Feed Supplier in Senegal for $24.8M
March 7, 2024
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 ope
Read moreCultivated Bioscience Gains $5M for Yeast-Derived Cream
March 7, 2024
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. ma
Read moreNew Forests Deploys Final Investment for its A$866M ANZFF 3
March 7, 2024
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
Read moreChipotle Doubles Size of VC Fund Cultivate Next to $100M
March 6, 2024
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 investme
Read moreDole Sells Majority of California Produce Grower to Arable Capital in $120M Deal
March 5, 2024
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 in
Read moreAgriloops Closes on EUR13M for Commercial Scale Aquaponics Farm
March 5, 2024
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 participat
Read moreRadicle Growth Launches The Radicle Corn Value Challenge Sponsored by US Corn Farmers
March 4, 2024
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
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