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.

TRS Louisiana creates $100m AgIS separate account

AgIS founder and president Jeff Conrad told a conference audience last month that US pensions are increasingly viewing farmland as a permanent fixture of their asset mix.

Hosen Capital to launch $700m agribusiness fund

The private equity investment manager aims to capitalize on demand for higher-value food in China and other emerging economies.

Iowa PE firm closes second fund on $113m

Midwest Growth Partners founding partner tells Agri Investor the fund will target midstream and consumer-facing opportunities overlooked by larger investors.

EU unleashes private investment in African agriculture with €200m ABC fund

Brussels will inject €45m as well as attract private and impact investors.

Ag tech start-up SeeTree secures $15m funding

The firm will focus on developing artificial intelligence and drone technology to monitor citrus tree orchards health and productivity in California and Brazil.

ADM Capital Europe raises $452m for Cibus Fund, co-investments

The manager has closed the vehicle on $322m, garnering an additional $130m for co-investments.

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