Deal Tracking

  • 301 INC Leads $17M Series B for Plant-Based and Ultra-Fresh Food Producer

    Urban Remedy, a maker of plant-based and ultra-fresh organic and non-GMO ready-to-eat meals, snacks, and fresh juices, has raised a $17 million Series B led by 301 INC, the venture capital unit of General Mills. At the same time, Urban Remedy announced that John Foraker, the CEO of baby food maker Once Upon a Farm and former CEO of Annie’

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  • Pinnacle Acquires World’s Largest Cattle Feeding Operation for $200M

    New York-based Pinnacle Asset Management, a leading commodities and natural resources investment firm, has acquired U.S.-based Five Rivers Cattle Feeding, the largest cattle feeding operation in the world, from JBS USA for $200 million. Under the terms of the deal, Pinnacle has partnered with two other firms - Arcadia Asset Management LLC,

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  • SkySquirrel Raises $3M, Merges with VineView

    SkySquirrel, a Halifax, Canada-based permanent crop-focused drone company, announced it has raised $3 million in follow-on funding backed by Innovacorp, an existing investor in the company, and an unnamed private investor from Ontario, Canada. The company also has announced its merger with Napa Valley, California-based VineView Inc. to create

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  • Cargill Strengthens Position in Plant-Based Protein with Joint Venture

    Cargill has made an undisclosed investment in PURIS, the largest pea protein producer in North America, and the two companies have created a joint venture to accelerate the production of plant-based food. This is the latest move by Cargill reflecting its increasing focus toward the emerging plant protein market. Throughout 2016 and 2017, C

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  • Quadrant PE Acquires Iconic Australian Confectionery Company in $200M Deal

    Sydney, Australia-based Quadrant Private Equity has acquired Darrell Lea, an iconic Australian confectionery company from the Quinn family, for A$200 million (US$159 million). Best known for its soft licorice and Rocklea Road chocolate products, Darrell Lea has been in business since 1927. However, the company ran into a rough period of ti

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  • Gladstone Land Files for $150M Public Offering

    Real Estate Investment Trust (REIT) Gladstone Land announced it has filed a prospectus supplement with the U.S. Securities and Exchange Commission (SEC) for a continuous public offering of six million shares of its Series B Cumulative Redeemable Preferred Stock at an offering price of $25 per share. The filing allows for up to $150 million in

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  • FieldIn Raises $4M to Advance the Management of Pesticide Usage

    Israeli agtech startup FieldIn announced that it has successfully raised $4 million to advance its technology to monitor and control pesticide usage. The fundraising was co-led by Gal Ventures and Germin8 Ventures, and included existing investor Terra Ventures as well as international angel investors and the Israel Innovation Authority - t

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  • Cibus Fund Acquires 1,000-Plus Acre Australian Almond Orchard

    London-based ADM Capital Europe LLP has made its first acquisition of an Australian asset through its Cibus Fund, acquiring a 1,000-plus acre fully mature almond orchard in the district of Sunraysia in the state of Victoria through a deal backed by Rabobank. This investment is the third for the Cibus Fund, which has raised $150 million to

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  • Sonoma Brands Closes $60M Fund, Shifting From Incubation to Growth Equity

    Sonoma Brands announced the closing of their second fund at $60 million, along with a shift in mission from incubation to making outside growth equity investments in exchange for minority stakes in innovative companies. Initially launched in January 2016, Sonoma Brands has been the vision of Jon Sebastiani - former managing partner of Wine

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  • Pacifico Aquaculture Acquired by California PE Firm

    Los Angeles-based private equity firm Butterfly announced it has acquired Pacifico Aquaculture, an ocean-based aquaculture operation with a focus on sustainability, for an undisclosed amount. Founded in 2010 in Baja California Sur, Pacifico is the world’s leading and only producer of ocean-raised striped bass. The operation produces betw

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