Chris Janiec
Chief executive Ryan Lefers says an $18.5m bridge round of convertible-note financing in April helped the KAUST spin-out prepare a Q4 launch for an equity round for its saltwater-based farming systems.
Ukraine’s removal from global markets has driven food and ag to the top of public agendas, raising questions on which foreign investors are welcome and where.
Vehicles backed by GCC countries and Singapore have been the main drivers of a doubling of SWF participation in food and ag deals over the past five years, says IE University’s Javier Capapé.
University of Illinois professor Bruce Sherrick says trade, policy and inflation trends have created the most dynamic environment for farmland since the early years of last decade.
CEO Ejnar Knudsen says the California pepper specialist is well positioned to bring produce from expanding greenhouse and controlled-environment production into existing sales channels.
Senior analyst David Magana says strong export markets and new cultivars are helping draw investors who have long focused on almonds and walnuts into pistachios.
The New York-headquartered firm has secured at least two commitments for a follow-up to the $1.45bn Fund V, to focus on an agribusiness sector it says has outpaced all others since 2006.
AC Fund3 will target low to mid-teens net IRR through a focus on fresh citrus in the US, Australia and Spain that builds upon the firm’s previous experience in permanent crops.
The French energy giant plans to develop carbon credits from reforestation, agroforestry and conservation as part of a national ‘Green Gabon’ initiative as it tries to offset its own emissions.
Efforts to route some Ukrainian agricultural exports through Romania’s port of Constanta could transform the country’s role in global ag markets.