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Pegasus Agri-tech, one of the largest hydroponic farm owners and operators in the MENA region, is to build a facility in Florida.
New FMO director Suzanne Gaboury says the bank has already invested over €70m in the sector this year.
The REIT has also added a 70-acre strawberry farm in Florida to its portfolio.
IFC global industries director Alzbeta Klein talks to Agri Investor about the IFC’s global reach, its Africa strategy, and how it manages risk in emerging economies.
The raise, joined by DBL Partners and Kleiner Perkins Caulfield & Byers, brings funding for the data sharing and inputs procurement company to $48m.
The agri-focused investment firm has already contracted A$38m in water entitlements for an ASX-listed company.
Bunge has acquired two of Cargill's processing plants in order to build its presence in Europe's protein value chain.
The manager made 3x on its investment in Tyrrells potato and vegetable snacks, which it sold to the owner of SkinnyPop popcorn.
The firm is seeking to raise funds from institutional investors for the first time, after raising its first two funds from family offices.
A USDA report finds production costs are falling, but inputs have grown as a percentage of revenues.
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