Fund Watch

  • Phatisa Targets US$300M for Phatisa Food Fund II

    Phatisa, a sector-focused African private equity firm with the mission of feeding and housing the continent, announced it is targeting US$300 million for Phatisa Food Fund II (PFF)– a successor to the firm’s African Agriculture Fund (AAF) which closed in 2013 at US$246 million. The new 10-year PFF, which will focus on investment opportu

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  • SproutX Announces Close on Agtech Fund at $10M

    Australian agtech startup accelerator and co-working innovator, SproutX, announced a first close on its SproutX Venture Capital Fund at A$10 million. The backing for the fund, which is managed by Artesian Venture Partners, is being committed by Artesian and from the superannuation fund Hostplus. This funding will back SproutX’s 2017 accel

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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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  • Bonnefield Launches New Open-Ended Farmland Fund; Announces First Close

    Toronto-based Bonnefield Financial has announced the formation of Bonnefield Canadian Farmland Evergreen LP – a new open-ended farmland fund designed for Canadian investors. The new fund was created through the integration of assets of two of Bonnefield’s established closed-ended farmland funds – LP I, which was created in 2010, and L

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  • Fonterra Launches New Incubator

    Leading global dairy co-operative and top dairy exporter in the world, New Zealand-based Fonterra, is joining the list of some of the world’s largest food and beverage players, announcing the formation and launch of Fonterra Ventures Co-Lab – an open incubator platform dedicated to fostering partnerships with innovative and disruptive entr

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  • AccelFoods Expands Second Fund by $15M

    Disruptive food and beverage accelerator fund AccelFoods announced it has expanded its second fund by $15 million to $35 million, and has added new investments. AccelFoods was originally founded by Jordan Gaspar and Lauren Jupiter through a $4 million fund which closed in January 2014. This was followed by a  debut of the firm’s second $

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  • Top Hedge Fund in Africa Launching Food-Focused PE Fund

    South Africa-based Pole Star Management Ltd. – the top-rated hedge fund in Africa/the Middle East over the past five years - announced it is launching a food-focused private equity fund that will capitalize on food demand through investments in agriculture on the continent. The firm is targeting 1.5 billion rand (US$115 million) for the f

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  • Hosen Capital Fund III Closed Oversubscribed at $440M

    Beijing Hosen Investment Management LLP (Hosen Capital) announced the oversubscribed closing of its third fund, Hosen Fund III, at a total corpus of $440 million after being open for eight months. Founded in 2010 and headquartered in Beijing, and with additional offices in Chengdu, Shanghai, and Guangzhou, Hosen Capital was spun out of New

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  • New Fund Launched to Back Aquaculture Feed Technologies

    Aquaculture investor, David Tze, has announced the launch of the Tze Venture Search Fund for Aquaculture Technology – a new fund dedicated to backing and growing aquaculture feed innovations in the aquafeed ingredients sub-category. Tze announced the launch of the fund, which is aiming to acquire a single aquaculture technology to operate

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  • First-Ever Sustainable Seafood Investment Holding Company Launched

    Zoma Capital, the family investment office of Ben and Lucy Ana Walton, and Encourage Capital announced that the two have partnered to launch Pescador Holdings, the first-of-its-kind sustainable seafood investment holding company. The launch of the fund, which will be seeded with an initial commitment of $10 million from Zoma Capital,  is t

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