A household name in the UK, the Grosvenor family can trace its ancestry back to William the Conqueror’s cousin and today Hugh Grosvenor, Duke of Westminster, is godfather to Prince George. No big deal then. But what's the link to foodtech?
Regenerative agriculture is having a moment. For long-time regen ag practitioners and proponents, this is probably jarring. But having written about regenerative agriculture for five years now, I've never seen such engagement or our stories about this ultra-sustainable method of farming perform so well.
You may have seen The Production Board crop up on a few agrifood tech investments, but there's little publicly-available information about the investment holding company founded by David Friedberg. Until now.
The new facility will be automated from seeding to growing to harvesting featuring handling robotics, artificial intelligence, data analytics, and around-the-clock monitoring sensors and control systems to optimize every aspect of growing produce indoors.
2017 was a year of extremes in agrifood tech investing. Large deals pushed the total investment volume up to post an encouraging 29% growth, but deal count fell by 17% to 949, with the most dramatic contraction at the crucial seed stage.
The founder of Rockit Global, the New Zealand company that holds the global rights to the mini Rockit apple variety, has sold over 50% of the company to two private equity firms Pioneer Capital and Oriens Capital for around N$25 million ($17 million).