Lewis & Clark Ventures and Prelude Ventures co-led the funding round.
The investment was made from 8 Miles’ first fund, Fund I A, which closed in August 2013 on roughly $200 million, sources confirmed to Agri Investor.
Intercontinental Potash Corp. operates a mine in New Mexico that produces polyhalite, an organic multi-nutrient fertilizer.
The impact investing firm has purchased an $8m stake in agricultural logistics and financing provider Sohan Lal, with plans to help the Indian company expand its loans offerings to smallholder farmers.
RFID provides a means to track the supply of meat, from calf to consumer, in one computerized database, and it has gained popularity among investors amid growing concerns regarding traceability.
Marcello Tumedei, chief executive officer with Suba, said the partnership will merge Gallatin’s “innovative research and development initiatives in peas and beans with Suba’s European large seed vegetable production platform.
Under AMERRA’s management, Norway-based Biomega will collaborate with Alkymar, another Norwegian company, to produce high-grade proteins from raw salmon byproducts.
The deal values the UK-based functional snacks and supplement company at $87.5 million and suggests a future focus on branding efforts.
Moody’s expects Carlyle’s management of Arctic Glacier to lead to bolt-on acquisitions and a reduction of leverage.
The investment in Illinois-based Edward Don and Company marks the first foodservice supply investment for Vestar, which traditionally focuses on consumer packaged goods.