
Brief: Impossible Foods prepping to go public at $10bn valuation, sources say
The plant-based burger maker is reportedly planning to go public within the next 12 months, either via a traditional IPO listing or a SPAC merger.
The plant-based burger maker is reportedly planning to go public within the next 12 months, either via a traditional IPO listing or a SPAC merger.
The proposed deal would value Grab at around $35 billion and could complete as soon as this week, according to people familiar with the matter.
Swiggy also secured investment from sovereign wealth funds Qatar Investment Authority and Singapore’s GIC, according to an internal memo.
The Spanish ‘q-commerce’ app delivers takeout meals, groceries, and other items on demand to more than 10 million users across 20 European countries.
The UK-based food delivery app saw its share price nosedive by as much as 30% during its first day of trading on the London Stock Exchange yesterday.
The app allows shoppers to form groups to collectively buy farm produce and other groceries in bulk at competitive prices.
The Japanese government has affirmed its “determination” that Sanatech Seed’s new tomato will be regulated as a GE, rather than a GMO, product.
The group will use the funding to expand in the US and China – and to “fuel acquisitions, key partnerships, and investments” in plant-based products.
The Newark-based company is set to merge with Spring Valley Acquisition Corp, raising as much as $357 million in gross proceeds at a $1.2 billion valuation.
This latest injection follows a $182 million round late last year which was co-led by Baidu Ventures and SoftBank Vision Fund II.
The Pasadena-based SPAC will aim to acquire technologies and privately held businesses in the agritech and climate change mitigation sectors.
Infarm CEO Erez Galonska declined to comment on rumors that the startup has retained perennial IPO underwriter Goldman Sachs to help it raise more funds.
LeapFrog primarily invests in African and Asian companies, with a focus on improving access to financial services and healthcare for low-income consumers.
The projects will complement BASF’s offerings in seeds, seed treatments, biological and chemical solutions, and digital services.
The Winnipeg-based precision ag company’s share price leapt by almost 18% in its first day of trading.
“We are excited to accelerate Seiyu’s digital transformation […] to become Japan’s leading omnichannel retailer,” said new CEO Tsuneo Okubo.
The agreements mark a significant amping-up for Beyond Meat, which has so far only launched limited foodservice trials in the US, Canada, and China.
The new growing center takes six weeks to construct and can produce the equivalent of up to 10,000-square-meters of farmland, according to InFarm.
Consumer Physics will apply its SCiO technology, which uses near-infrared spectrometers and cloud-based software, to Driscoll’s quality measurement process.
The US President’s plan calls for a ‘carbon bank’ that would pay farmers, ranchers, and foresters for implementing regenerative agriculture methods.
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