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A new report has found Australia invested $0.12 per capita in agtech in 2016, far behind $5.80 in the US and $6.05 in Israel.
Russia’s sovereign wealth fund has partnered for the first time with the Israeli investment firm to invest up to $100m in Russia’s dairy farming and milk processing sectors.
The fund, which has started investing, is focused on “disruptive” projects that will address climate change, food shortage and agriculture's negative environmental impacts, Ohad Zuckerman, co-manager of the fund with Eyal Cohenv, told Agri Investor.
The new venture will use IFC's farmland base and Finistere's scientific testing programme to accelerate growth and commercialisation in its portfolio companies.
Trendlines and Saviva Capital's bid for a new agtech incubator licence in December was denied, but Trendlines intends to continue investing in the sector.
The firm also plans to launch an international intensive fish farming fund, A3F Aquaculture.
Steak Tzar Tzar aims to break into the protein powder industry in the US as well as emerging markets that eat whole insects in Africa, the Middle East and Asia.
Gideon Soesman, managing partner and co-founder of Greensoil, told Agri Investor earlier this year that he expected to hold a final close by May 2016.
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