MassPRIM's Real Estate and Timberland Committee recommended that Danish timberland investment manager International Woodland Company will be paid a total of $400,000 over three years.
Capital from Google Ventures, Tellus Partners and others will support Abundant Robotics’ efforts to bring its robotic apple harvester to market within about two years.
The amount represents a $100 million increase in the bank’s normal lending volume for the targeted industries: agri-food, ocean technology, information and communication technology, and tourism.
The purchase of a stake in Cutler, California-based Wawona Packing Company marks the sixth investment from the $893m Fund IV.
Participation in the $7.5m Series A round for Tel Aviv-based software provider Taranis follows the firm's recent hire of two Israel based venture partners.
The $50m investment marks the debut agri investment and second investment overall from The Rise Find, TPG Growth’s $2bn global impact fund.
Cargill is exiting the cattle feeding business to free up additional working capital to grow its North America protein business.
“CPPIB annually updates progress on strategy, including the repositioning of any program,” a company spokesperson told Agri Investor.
When Stafford began managing the fund in June 2014, it set out with the mission to dispose of non-yielding, higher-risk assets.
Mainland’s founding shareholders will retain a significant shareholding in the business and senior management will remain in their present positions.