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The California start-up’s product launch will be led by its fall armyworm pheromone, which has spread from the Americas to Asia and Africa.
Anthony Sepich says Pipeline Foods is now in the phase of executing the mid-to-long term initiatives that will 'move the needle ... in terms of profitability.'
Partner and co-founder of fund manager Goldcrest Farm Trust Advisors Edward Hargroves said the fund has already begun deploying capital.
Three out of the four ABCD agricultural companies have made strategic investments to take advantage of the alternative protein boom. When will institutional investors catch on?
The company has invested around $325m in plant protein ventures over the last two years, with JV partner PURIS and now Cargill’s Ohio facility the chief beneficiaries of the investments.
The Ferment Fund will exclusively support companies that have been spun out from Ginkgo and will benefit from full access to the company’s platform for cell programming.
The country will remain a net exporter of cereal grains, but the proportion of grains being exported is forecast to fall from 60% down to 53% as domestic demand growth outpaces supply.
Chief scientist Yaakov Nahmias says the start-up’s methodology means it only takes 14 days to produce cultured chicken or beef, whether it is producing 1kg or 1 tonne of meat.
The publicly traded REIT said the acquisition is in line with its strategy of buying or converting farmland from conventional to organic farms
The firm’s investment commits it to a partnership that will see it provide joint funding for Specialty New Fruit Licensing’s activities and ongoing expansion