Q&A: AFEX’s $100m bond aims to unlock climate-smart capital for Nigeria’s ag sector
The Food Security Fund will be used to finance 250,000 hectares of commercial and smallholder farmland in Nigeria for climate-smart production.
The Food Security Fund will be used to finance 250,000 hectares of commercial and smallholder farmland in Nigeria for climate-smart production.
The fund will offer discounted loans to growers who implement regenerative farming practices to improve soil health and nitrogen management.
The Bandung-based startup plans to launch into other major fish and shrimp farming markets, including China and India.
It’s the largest single funding round yet for a cell-cultured meat startup, according to AgFunder data.
They’ll work together on The Yield LatAm Opportunity Fund, a new vehicle which will invest in roughly 30 companies in the region over the next five years.
The South African private equity firm’s second fund invests in the tech enablement of Africa’s SME agribusinesses – the backbone of the continent’s agriculture sector.
The Canadian telco’s social impact fund boosts the number of agtech startups in its portfolio with this latest round of investments.
Cooperative Ventures will seek out startups in three core investment areas: crop production, supply chain, and sustainability.
The Asia Sustainable Foods Platform will co-invest $22.2 million alongside Singapore’s national R&D agency into the new Food Tech Innovation Center.
It aims to “get cell-cultured meat onto the tables of Chinese consumers, providing them with healthier, safer, and lower-carbon meat products,” according to co-founder Ding Shijie.
The Norwegian company’s tech converts animal manure into sustainable fertilizer and traps greenhouse gas emissions in the process.
The Brazilian VC secured investment from Banco do Brasil, one of the largest financial institutions in the country, as it sees continued momentum around ag-related fintech.
The Berkeley, California-based startup uses genetically modified microflora to ferment sugar into proteins found in cow’s milk.
The Philadelphia-based startup claims its agricultural bots of burden are “the only plug-and-play autonomous people-scale” solution on the market.
GOOD Meat, the cell-cultured meat business of US alt-protein startup Eat Just, has secured $97 million in funding as a continuation of the $170 million
Picnic dispatches groceries from strategically located, automated hubs to its customers’ doorsteps using electric minivans.
The impact investor aims to prove the commercial “climate resilience” opportunity in African agtech ventures like Kenya’s SunCulture and Nigeria’s Tomato Jos.
New Carnivore has made seven deals to date, co-investing with leading VCs such as Andreessen Horowitz, Breakthrough Energy Ventures, and DCVC.
Regrow was formed in February following the merger of Australian crop science company FluroSat and US soil health startup Dagan.
The startup aims to grow its footprint across Saudi Arabia and the UAE, as well as US regions “where growing conditions are harsh.”