Mandala Capital is planning the final close of its 10-year Indian Agribusiness private equity fund in November this year.
Arcadia Biosciences, a California-based biotechnology company, will use the proceeds to accelerate product developments. Existing investors committed extra capital during the Series D round.
In 2013 some $7.2 billion of private capital was committed to African agriculture projects through Grow Africa, the partnership programme established by the World Economic Forum, NEPAD and the African Union to accelerate the transformation of African agriculture. This is twice the amount in 2012.
The US pension fund is targeting a 5 percent allocation to timberland over the next five to six years. It recently increased a mandate with Forest Investment Associates.
The US buy-and-lease investment manager has bought a 318 acre farm in South Minnesota and hired an investment analyst, taking the permanent team up to four.
The venture capital fund's investment represents the first institutional round of fundraising for AbCelex, which is working on a replacement to antibiotics for meat animals.
The land will be managed by the same team that handles similar land in the same part of Victoria, Australia for AgCAP, investment manager of the Sustainable Agriculture Fund.
Omnivore Partners, the Indian venture capital firm focusing on agtech, has invested into Mitra, a machinery company. The firm's Fund I is now 50 percent deployed.
The US firm's buyout and credit arms have together issued a second lien loan to the Greek yoghurt-maker.
The venture capital and private equity firms invested $7.5m each into BioConsortia, a technology company that has developed a system to improve crop productivity.