SEDCO Capital's agribusiness private equity fund will soon make its first investment into non-land assets. It is targeting $150m by the end of the year.
Google Ventures led the $15m Series B round into Farmer Business Network, which was founded by an ex-Google employee. Kleiner Perkins Caulfield & Byers joined the round.
The fund manager is expecting to announce a first close on $300m this month ahead of a second closing on $500m in June.
Australian Dairy Farms Group, the first ASX-listed dairy company, has launched a A$16m share placement to pay for the purchase of three dairy farms which will double its production capacity.
Arvegenix, the St Louis-based developer of pennycress oilseed, closed a $2.5m Series A round with investors including BioGenerator, Missouri Technology Corporation, and Monsanto's venture arm.
China rice farmer
The association's global survey revealed that about 50% of LPs want to build their agribusines exposure in each emerging market region.
The Brazilian investment bank's Gerrity Lansing talks about investor quality, pipelines, Brazil's advantages and what's next for BTG Pactual.
Cibus Global has a platform for advanced non-transgenic breeding of plants.
The Indian agribusiness private equity fund manager is set to launch Fund II in the coming weeks after Fund I invested in Godavari Biorefineries this week.
Brazilian investment bank BTG Pactual closed its first timberland fund on $860m after exceeding its $750 million target.
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