Cultivated Bioscience Gains $5M for Yeast-Derived Cream
By Lynda Kiernan-Stone, Global AgInvesting As the company evolves from the R&D stage to market entry, Swiss food tech startup Cultivated Bioscience announced it has closed on $5 million in Seed funding to boost the development of its yeast-derived cream in collaboration with the food industry, and to position the company for a U.S. ma
Read moreNew Forests Deploys Final Investment for its A$866M ANZFF 3
By Lynda Kiernan-Stone, Global AgInvesting Media Within weeks of nature-based real asset and natural capital strategies manager New Forests making its first investment through its Tropical Asia Forest Fund 2 (TAFF2), New Forests has now made its final capital investment for its A$866 Australia New Zealand Forest Fund 3 (ANZFF3). Marking
Read moreDole Sells Majority of California Produce Grower to Arable Capital in $120M Deal
By Lynda Kiernan-Stone, Global AgInvesting Media Dole announced it has agreed to sell its 65 percent majority stake in Progressive Produce to PFT Holdings, the parent company of Pacific Trellis Fruit, and a portfolio company of Arable Capital Partners, in a $120 million deal. “We are pleased to announce the sale of our equity in
Read moreAgriloops Closes on EUR13M for Commercial Scale Aquaponics Farm
By Lynda Kiernan-Stone, Global AgInvesting Media After patenting their saltwater aquaponics technology and successfully operating a pilot farm, pioneering French sustainable aquaculture company Agriloops announced a second capital increase supplemented by debt and grants, for a total of EUR 13 million. This new round included participat
Read moreMitsui & Co., Suzano Partner to Explore New Biomaterial Alternatives From Eucalyptus
By Lynda Kiernan-Stone, Global AgInvesting Media Japanese global trading and investment company Mitsui & Co. and Brazil-based Suzano S.A., the world’s largest paper and pulp producer, have forged a non-exclusive Joint Collaboration Agreement focused on exploring the manufacture and sale of next-generation biomaterials and derivatives
Read moreTwo NT Cattle Stations with Approved Carbon Projects for Sale
By Lynda Kiernan-Stone, Global AgInvesting Media The sale of Maryfield Station and Limbunya Station - two institutional scale, Northern Territory cattle operations - is being managed by LAWD with expectations of drawing in buyers seeking out assets able to generate significant carbon credits. Owned by Sam Mitchell from Sydney-base
Read moreOishii to Drive Growth of Vertically Farmed Strawberries With $134M Series B
Photo credit: Oishii By Lynda Kiernan-Stone, Global AgInvesting Media The aptly named vertical farming leader Oishii (meaning "delicious" in Japanese) announced the successful closing of a $134 million Series B led by Japanese telecommunications company NTT, bringing total funding to-date to $189 million. "While many in the industry
Read moreHippo Harvest Secures $21M Series B for First-of-Its-Kind Modular Greenhouse Design
By Lynda Kiernan-Stone, Global AgInvesting Media Controlled environment agriculture (CEA) startup Hippo Harvest announced it has secured $21 million in Series B funding led by Standard Investments and including Congruent Ventures, Amazon's Climate Pledge Fund, Hawthorne Food Ventures, and Energy Impact Partners to advance its first-of-its-
Read moreSimple Planet Closes on Oversubscribed $6M Pre-Series A Funding
Photo credit: Simple Planet By Lynda Kiernan-Stone, Global AgInvesting Media Biotech startup Simple Planet has closed on an oversubscribed $6 million pre-Series A round to fund its development of functional future food ingredients through its cell culture platform. Global protein consumption is expected to climb at a compounded
Read moreConsortium Including Driscoll’s Completes Takeover of Costa Group
By Lynda Kiernan-Stone, Global AgInvesting Media Driscoll’s, a global market leader of fresh blueberries, strawberries, raspberries, and blackberries, announced as a critical strategic partner in the deal, that the purchase of Costa Group - Australia’s leading grower, packer, and marketer of fresh fruit and vegetables - has been comple
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