Bezos family office among group injecting $30m into mayo alternative
Elio Leoni Sceti, co-founder of lead investor The Craftory, says the investment into NotCo reflects a strategy designed to harness a 'seismic shift' in the relationship between brands and consumers over the past five years.
Grains VC fund aims to foster Australian agtech ecosystem
Sydney-based Artesian Venture Partners has launched its A$50m GrainInnovate VC fund with backing from the Grains Research and Development Corporation
Hancock expects to re-open timber and farmland fund in 2019
The $706m Hancock Timberland and Farmland Fund has backed a number of acquisitions, say portfolio managers.
Blue Sky to raise new ag fund, renegotiate loan terms with Oaktree
The Brisbane-based asset manager is in discussions with Oaktree Capital Management over its lending covenants, although MD Kim Morison said investors should have ‘no concerns’.
Rabo Ventures Fund eyes expansion after €80m infusion
Managing partner Harrie Vollaard says rather than establish offices in innovation hubs, Rabobank will partner with funds already active in seed and Series A stage companies in key fintech and agtech markets.
Stafford launches A$150m Australia-focused farmland fund
Stafford made its first farm acquisitions in the country in December, using a separate account, head of agriculture and food Jos Boeren told us.
Open Prairie closes RBIC fund on $80m
Principal Leland Strom says the firm spoke with more than 100 organizations in its effort to expand participation in the USDA’s Rural Business Investment Company program.
Urban farming firm iFarm Project secures $1m seed funding
Head of Europe Yury Fedorov says the company was one of the first to use LED lighting on a commercial scale, touting its farms as up to 95% more efficient than conventional ones.
Alantra acquires majority stake in Frías Nutrición
The seventh investment from the €450m Alantra Private Equity Fund III will enable the health-food firm to expand internationally and develop its product base.
Proterra to launch Asia-focused $800m agribusiness fund
The fund will follow the firm’s last two food funds, capitalizing on rising demand for quality food in emerging markets.
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