Binyamin Ali
Paris-based PAI is targeting €7bn for its eighth vehicle, which counts food and consumer among its four principle areas of investment.
The round overtakes Future Meat’s $347m 2021 Series B as the biggest yet from the cultured meat industry and comes at a time of increasing momentum and interest.
US farmers closed out 2021 in a healthy debt position but more borrowing, drought conditions and higher interest rates could put pressure on income this year.
The state passed a motion in March allowing cell-cultured meat producers to conduct tasting sessions, but sales of cultivated meat and dairy products are still prohibited in the EU.
The firm has linked 100% of its carry to hitting impact goals and will invest in sustainable companies across the food value chain in the OECD.
The WEF found that while most farmers surveyed want to make on-farm sustainability changes, they are held back by lack of access to reliable information.
The firm intends to transition the whole farm to organic certified production and will use regenerative practices such as planting cover crops between tree rows.
The company’s JUST egg product is sold in bottles in liquid form and can be used to make a variety of dishes such as scramble, omelette and baked goods.
Bare agricultural land prices in England and Wales rose from £6,926 per acre in Q1 2021 to £7,875 in Q1 2022 – the highest 12-month price increase since 2014.
The asset class had a positive 2021 as tailwinds gave the industry momentum for attracting investors.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: