Chris Janiec
IKOS Advanced is developing an agricultural digitization platform that marks the first investment from Impact Bridge’s IB Sustainable AgriFood Fund.
The manager, which has some $7bn in AUM, is now under the sole control of co-founder Adam Waglay.
Joe Hughes says Homer has earned the trust of California water agencies facing new realities under implementation of the state’s Sustainable Groundwater Management Act.
Westerra Capital co-founder Scott Porter says a retreat by generalist banks and demand for specialization has created space for a middle-market food and agriculture investment bank.
Remsoft’s acquisition of Inflor is the third since the enterprise software specialists made their first investment into the company early last year.
Frank Austin says the firm is pursuing a $500m regenerative and organic permanent crop strategy designed to deliver double-digit returns without relying on organic price premiums.
HGS chief executive Mike Steffeck says microbials are the ‘newest but the least understood’ area of biological inputs and are in high demand from retailers and farmers.
With one fund already closed and the other just beginning its raise, the two strategies hint at how far market conditions have shifted since the start of the decade.
The $289m close marks the end of a challenging journey and the beginning of an integrated play that spans production processing and end markets.
Managing partner John Haugen says strategic investors are pursuing strong returns and a look at what is happening at the cutting edge of the food industry.