Welcome to another addition of AgFunderNews’ weekly roundup. Drones are back in the news, PE investors exited a Scottish shellfish company and an organic frozen fruit brand for $600m, and the World Bank's IFC has invested in BigBasket.com
Welcome to AgFunderNews’ weekly roundup of funding and industry news from across the globe. This week, the increasing pension fund interest in farmland as an investment was further confirmed with a new $100 million commitment, while a private equity-backed Indian dairy company added to its recent IPO fundraising effort, and a couple of wine technology fundings were sure to have enthusiasts raising their glasses.
Read about Aqua Capital investing in Brazilian tilapia, precision ag tool Farmers Edge adding to investor roster and a UK-based fund of funds manager launching an agriculture investment product in this week's Fundings in Brief.
This week's fundings include a private equity fund investment into a fruit and veg multinational, a $2m angel investment into a U.S. drone service and $4m into an Indian e-commerce service for farmers.
Berlin-based Delivery Hero announced recently that it has secured an additional $110 million in funding from two unidentified U.S.-based “leading public market investors.” This recent funding round brings Delivery Hero’s total investment deals to over $1 billion, with almost $600 million of those funds secured in 2015 alone.