Deal Tracking

  • Cool Planet Raises $19.3M in Series A

    Biocarbon product developer Cool Planet announced it has raised $19.3 million in a Series A led by Agustin Coppel and North Bridge Venture Partners. Founded in 2009 in Colorado, Cool Planet began as a biofuel producer but is now developing and commercializing Cool Terra, an Engineered Biocarbon™ product that delivers a platform of solutio

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  • Conagra Brands Acquires Meat and Seed Snack Producer

    Conagra Brands announced it has agreed to acquire Thanasi Foods, a protein-based snack manufacturer, and maker of Duke’s® meat snacks and BIGS Seeds, for an undisclosed amount. Duke’s® product line includes Duke's Smoked Shorty® Sausages and Duke's Steak & Brisket Strips – all made in small-batch hardwood smoked pairings of hi

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  • Monsanto Growth Ventures Leads Series A for Agtech Startup, FarmLead

    Monsanto Growth Ventures (MGV) had led a $6.5 million Series A for Ottawa, Canada-based agtech startup, FarmLead. Others in the round include Avrio Ventures, the MaRS Innovation Accelerator Fund, and Serra Ventures. Founded in 2013, FarmLead has established an online cash grain marketplace, where through its platform, grain buyers and selle

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  • AgDevCo and CDC Invest $11.5M in Malawian Farming Group

    UK-based, sub-Saharan-focused social impact investor AgDevCo and the UK’s development finance institution, CDC, announced an investment of US$11.5 million in Jacoma Estates – a Malawian farming company specializing in the production of macadamia nuts, chilies, and paprika. “Malawi is a high-quality macadamia nut producer. With invest

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  • EBRD Finances $100M for Louis Dreyfus Regional Expansion

    The European Bank for Reconstruction and Development (EBRD) has agreed to provide $100 million to back the regional expansion of global agricultural commodity trader and processor, Louis Dreyfus Company. The facility will be earmarked to fund Louis Dreyfus’ capital needs in eight markets: Bulgaria, Egypt, Kazakhstan, Poland, Romania, Taji

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  • Irish Biotech Startup Raises Second Round to Scale-Up Insect Protein

    Hexafly, an Irish biotech startup founded by three 26-year-old university friends – Alvan Hunt, John Lynam, and Patrick McGarvey - has secured a second round of funding totaling €1 million (US$1.07 million) to scale up their insect farming operation. In the beginning After two years of trials, the trio developed a scalable method of

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  • Carolina AgTech Accelerator Pours $10M Into Crop Fungicide Startup

    The Research Triangle Park, N.C.-based AgTech Accelerator has revealed agtech startup Boragen as its maiden investment. Boragen develops a fungicide that targets fungi to bolster crop yields, all while using a sustainable farming approach. The AgTech Accelerator and its investors are backing the startup with a $10 million Series A investment.

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  • JBS Acquires Plumrose USA for $230M

    Brazilian global meat giant JBS announced that JBS USA has agreed to acquire Plumrose USA from its parent company, Danish Crown A/S for $230 million. The deal for the bacon, ham, and deli meat manufacturer includes five prepared foods facilities spread across Indiana, Iowa, Mississippi, and Vermont, and two distribution centers in Indiana a

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  • Origin Announces Two Deals with a Combined Value Exceeding $40M

    Irish agri-services group Origin Enterprises announced it has agreed to two acquisitions with a combined value exceeding US$40 million within a week’s time, just as the company also reported improved earnings for the first six months to the end of January 2017. Fertilizer The first acquisition agreement sealed by Origin was for UK-base

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  • Israel’s LR Group, RDIF Co-Invest $100M in Russian Dairy Farming, Processing

    Russia’s sovereign wealth fund – the Russian Direct Investment Fund (RDIF) - and Israeli international development investment company, LR Group, have agreed to co-invest $100 million in dairy farming and processing in Russia. Under the proposed agreement, which the RDIF states is ready for signing, the $100 million investment represents

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