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The combined company has two facilities in the US with a further five to follow, along with &ever’s established presence in Germany, Singapore and Kuwait.
The $4bn climate impact venture BeyondNetZero's first deal sees it investing in an agricultural strategy to reduce food miles alongside parent General Atlantic and Blue Earth Capital.
Grain farm, wheat harvest
The world of agricultural private market investments has had a strong start to the year, with one of biggest fund closes in the past couple of years and significant SPAC transactions.
Among the businesses to receive backing is Nanoracks, a frequent user of the International Space Station that is building a research center in the emirate to explore harsh climate food production.
The food production technique comfortably counts pensions and sovereign wealth funds among its backers, while government and multinational interest undoubtedly lends credibility.
Founder Paul Lightfoot says a wider investor base is being attracted to indoor farming, with no players in the space 'close to tapping out any of the major markets' as infrastructure funds lie in wait.
Vertical farming
Unfold Bio has received an initial $30m in start-up capital from the two founders but future funding rounds could be opened up to external investors.
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