Deal Tracking

  • 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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  • Ingredion Launches Incubator, Makes Leadership Changes

    Global ingredient solutions business, Ingredion, announced it has launched Ingredion for Emerging Business, a U.S.-based incubator platform designed to drive growth for emerging food and beverage startups. Headquartered in Illinois, Ingredion uses grains, fruits, vegetables, and other plant feedstocks to make value-added ingredients, sweet

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  • Amundi Launching US$180M Italian Agri-Food Debt Fund

    French asset manager Amundi is launching a €150m (US$180M) private debt fund backed by luxury Italian agri-food products such as Parma ham and Parmesan cheese. The fund is targeting between 10 and 20 investments averaging 10 million Euro each, according to Private Debt Investor. Under the structure of the fund, the firm will invest in pri

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  • After Divesting SAF Portfolio, AgCAP’s Focus for 2018 – Dairy

    In March 2017 AgCAP, the fund manager of Australia’s Sustainable Agriculture Fund (SAF), decided to divest the portfolio when after seven years as cornerstone investors – a collection of Australian superannuation funds including AustralianSuper – made the decision to exit the fund. The collective move placed AgCAP in the position of l

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  • Phatisa Secures $10M for Phatisa Food Fund 2

    The African Development Bank (AfDB) has approved a $10 million investment in the Phatisa Food Fund 2 (PFF2) to forward the mission of boosting agriculture and nutrition across Africa. Phatisa announced the launch of the 10-year PFF2 earlier this year. The second generation fund was established with an initial commitment of $75 million from

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  • ECOTIERRA Launches $50M Sustainable Ag and Forestry Land Fund

    Impact investor ECOTIERRA announced the launch of the Canopy Sustainable Land Management Fund (Canopy SLF) - a vehicle designed to back the development of ag and forestry projects in Latin America that will improve land management, triple small farmers’ incomes, protect forests, and lower carbon emissions by 20 million tons while generating

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  • Barilla Launches Food-Focused Venture Fund, Innovation Hub

    Italian pasta brand giant Barilla has launched Blu1877, a new hybrid venture capital fund and innovation hub designed to foster the growth of food-based startups focused on categories that are related to, or tangential to Barilla’s business. Much like Kellogg’s eighteen94 venture fund, which was named in reference to the year the compa

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  • Aqua-Spark Broadens Investment Scope with Two Aqua-Tech Investments

    Dutch, pure-play sustainable aquaculture investment fund Aqua-Spark has made two investments that broaden its reach into technologies that have the potential to reduce the use of antibiotics in animal protein production, and to advance fish breeding methodology. Anti-resistance The first investment is in Proteon - a Polish agbiotech com

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  • Omnivore Partners Aiming for January 2018 Close of $90M Fund

    India-based agtech firm Omnivore Partners is expecting to see a close of half of its $90 million fund in November, and to see a final close by January of next year. Co-founded by Mark Kahn and Jinesh Shah in 2010, Omnivore Partners now has offices in Mumbai, New Delhi, and Bengaluru and focuses on venture capital investments spanning Seed

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  • Bonnefield Canadian Farmland LP IV Holds Second Close – Nearly Doubles in Size

    Canada’s largest farmland property and investment manager, Bonnefield Financial, announced a second closing of $70 million for its Bonnefield Canadian Farmland LP IV. This commitment, which comes from a top Canadian pension fund, nearly doubles the total capital for the fund at $130 million. The initial $60 million closing for LP IV occu

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