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

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

    January 22, 2018

    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

    January 19, 2018

    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

    January 18, 2018

    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

    January 18, 2018

    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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  • Indoor Farming Powerhouse Plenty Planning for 300 Farms in China

    January 17, 2018

    San Francisco-based indoor vertical farming startup Plenty is taking the initial steps toward its planned expansion into China and Japan. The company is currently adding to its team on the ground in China, and is scouting out locations and distributors in Beijing, Shanghai, and Shenzhen for up to 300 of its vertical indoor farms across the

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  • Expert Commentary: A Decade in the Farmland Asset Class Evolution

    January 17, 2018

    By Jeff Conrad, Managing Principal and President, AgIS Capital LLC Institutional investment in farmland grew significantly over the last decade. This growth started in the more developed U.S. market and spread to emerging markets around the world. During this time, the NCREIF Farmland Index, a recognized property index for U.S. farmland, ex

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  • AquaBounty Technologies Announces $12M IPO to Fund Expansion

    January 16, 2018

    AquaBounty Technologies announced it has issued an underwritten public offering with the goal of raising $12 million. Founded in Maynard, Massachusetts, about 20 years ago, and with a second location in Fortune, Prince Edward Island, AquaBounty is a biotechnology company that aims to raise sustainability in the aquaculture industry, and m

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

    January 16, 2018

    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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  • Expert Commentary: Emerging From Crisis, Reflections on Brazilian Markets

    January 12, 2018

    Brazil has proven to truly be a global agricultural powerhouse; emerging as one of the world’s leading agricultural producers and sought-after trading partners. However, recent years of political uncertainty and financial instability have negatively affected the country’s ag sector both domestically and in international markets. But as

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  • Homestead Capital Makes High-Profile Strategic Double Hire

    January 11, 2018

    Homestead Capital, a U.S.-based private equity farmland investment and operating firm, has announced two high-profile strategic additions to their leadership team. Patrick Trainor has been named Homestead’s new Vice President and Head of Acquisitions, and Kyle Jacobs has been appointed as Vice President of Due Diligence. Prior to thi

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