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IFC invested $3.8m into Nepalese poultry feed producer Probiotech Industries alongside the Private Sector Window of the Global Agriculture and Food Security Program.

The USDA and Farm Credit System-backed PE fund has invested $5m into Hortau, a California-based precision irrigation company.

The fund will focus on investing into technologies across the agri value chain that specialise on healthy living and climate change adaptation.

Social impact investor AgDevCo has established the Lending for African Farming Company with the German development bank and debt provider Root Capital to provide sub-Saharan African farming enterprises with reliable access to finance.

The African development investment firm is investing $1.8m into the scheme through its Silverlands Fund.

The venture capital investment firm has invested in EM3 AgriServices, a provider of farm operations services aimed at increasing smallholder farmer productivity by 20%.

The UK's Aberdeen Asset Management has agreed to buy FLAG Capital Management in a deal that will double the assets managed by its private equity unit.

Just two out of 11 countries researched in the region, Jordan and Oman, invest more than 1 percent of agricultural output in research, according to the International Food Policy Research Institute.

After Syngenta rejected Monsanto’s $44.5bn takeover offer last month, Monsanto has said it will keep pursuing the deal.

DJI and Accel Partners have launched the $10m SkyFund to invest in drone start-ups and more broadly across robotics and intelligent machines. Airware's Commercial Drone Fund follows suit.