Welcome to another week of Fundings in Brief with AgFunderNews, with news from Syngenta, Lariat Partners and an interesting fact about bats in ag.
Private equity and M&A activity in the ag industry continues as a Chinese conglomerate invests into an Israeli agtech company, and Syngenta acquires a farm management software tool.
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
Dazo, a fresh meal delivery company backed by local high profile investors, has shut up shop in the same week that SpoonJoy reduced its service. What does that say about the sector?
AgFunderNews weekly roundup of fundings, M&A, and food and agriculture policy: what got most people talking this week was Impossible Foods’ whopping $108 million Series D round.
The venture capital arm of the UK food company has exited Lumora, a food safety and technology platform, to German healthcare conglomerate EBRA Diagnostics Mannheim (EBRA) as Fund II takes a new direction.
Read about the public and private funding of two Indian dairy operations, a farmer relief program in France and the cancellation of a private equity seafood deal.
The week’s fundings in brief include acquisitions by Cargill in Mexico and aquaculture, Solyent’s legal pressure from environment watchdog and even more e-grocery fundings in India.
Deals from the week include a private equity-backed Australian producer’s A$550m IPO, an agriculture fund commitment by Merced County and the Accel Partners-led Series A round of grocery delivery company Opinio in Bangalore.
Biotech investor MLS Capital Fund II, cannabis greenhouse developer GrowCo, Inc, Canadian investment firm Fairfax, Inter-American Development Bank and Cargill all feature in this week’s News in Brief.
Planet Labs’ acquisition of Blackbridge and its RapidEye satellites last week raised questions about how useful the images are for farming. AgFunderNews speaks to Planet Labs’ client Wilbur-Ellis, engineering consultant Daedulus Systems and Engineering and Ryan McClinko from Planet Labs.
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
Middle market businesses holder Compass Diversified Holdings (“CODI”) announced earlier this week that it will acquire Fresh Hemp Foods, which operates under the brand name
Aerobotic Innovations, a drone control and safety application, announced recently that it has partnered with Packet Digital LLC to offer new products that will combine
Canadian-based precision agriculture provider Farmers Edge recently announced a new partnership with Japanese general trading company Mitsui & Co, Ltd. to help develop its product
Ascenta Health Limited announced earlier this week that it has entered into a sales agreement with US-based health brand Nature’s Way. The company, which currently employs
April 22nd – DuPont announced it’s acquisition of Taxon Biosciences for an undisclosed amount. Based in Tiburon, California, Taxon utilizes microbiome discovery to develop biological
Granular announced its acquisition of AcreValue, a farmland valuation platform, for an undisclosed amount. San Francisco-based Granular offers a farm management and analytics platform that
Taking a page out of Climate Corporation’s playbook, Farmers Edge acquired GranDuke Geomatics of Lethbridge, Alberta. According to an agreement finalized on January 9, the precision
