Brief: Cibus Capital lands $645m to invest in mid-market and late-stage agrifood companies
Cibus announced a $510 million close of Cibus Fund II and a $135 million close of its Cibus Enterprise Fund II.
Cibus announced a $510 million close of Cibus Fund II and a $135 million close of its Cibus Enterprise Fund II.
Agrifood VC funds grew from 42 in 2013 to more than 280 by the third quarter of 2023, though that growth has slowed in the last few years.
When the team at NCH Agriculture, a $1bn agriculture investment business, founded Agroprosperis in 2006, they didn’t have a plan and understood little about farming. Today Agroprosperis is the largest producer of crops in the Black Sea region, and is returning 15% a year to its investors.
Agtech expert and attorney Roger Royse shares his thoughts on what the agrifood industry should expect as one year closes and another begins.
Connecting agtech startups with creative capital with benefits beyond financial gain is vital to the long-term success of the sector — and the planet.
Both plant-based and cultivated meats are marked as areas for R&D in China’s Five-Year Plan that sets economic goals for the country.
We catch up with Ward and Presser about agrifood tech investing as Presser joins NY-based law firm MoFo’s M&A and PE practices.
Institutional investors are increasingly looking to invest in important sectors that matter and food and agriculture is one of them, according to Kevin Schwartz.
The firm closed the fund with new and existing investors from across the globe.
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.
The fund raised capital predominantly from institutional investors including university endowments, funds of funds, insurance companies, and asset managers.
DAF is backed by the Danish government and the Investment Fund for Developing Countries (IFU), in collaboration with two of Denmark’s largest pension funds, PensionDanmark and PKA.
The new fund, which will focus on mid-market investment opportunities in sustainable food processing and production companies, is targeting a $500m final close in 2018.
Sixty-seven percent of the large institutional investors invested in agriculture in Prequin’s database said they were interested in investing in agtech.
The cannabis fund, which first launched last year to limited investor reception, is targeting $20 million to $25 million to invest in cannabis technology companies and brands.
Amerra Capital Management, a New York-based agribusiness asset manager, has acquired more than 90 percent of the Andromeda Group, a Mediterranean aquaculture company.
A private equity exit, a new hire in the farmland investment market, continued public concern over GE food labeling, and the plight of the bee contribute to this week’s industry-in-brief.
AgFunderNews caught up with Brendan Kennedy, CEO of Privateer, to talk about international ambitions, raising capital, and focusing on cannabis brands.
The round takes BigBasket’s total funding to over $230m as investors question the unit economics of the food e-commerce sector overall.
We have collated 10 of the year’s most-read stories for you to enjoy over the festive period while we take a short break from publishing news.