Evergreen Herbs in Kenya expands production to meet growing demand
KENYA – Agribusiness investor Agris through its Kenyan subsidiary Evergreen Herbs, has expanded production of…
Investments
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Walmart, Cargill and McDonald partner to invest US$6m in grazing initiative by WWF
USA – The Walmart Foundation alongside Cargill and McDonald’s are teaming up on a cross-industry…
Dutch cell-grown meat startup Mosa Meat raises US$55m in funding for licensing in Europe
NETHERLANDS – Mosa Meat, a Dutch company that made the world’s first lab-grown meat burger…
Non-alcoholic spirit brand Lyre’s secures US$16m growth capital in seed funding round
EUROPE – Lyre’s, a non-alcoholic spirits brand, has announced that it has secured a growth…
Meal prep company Meallogix closes US$1.25m seed round to scale its operations
USA – Meallogix, an e-commerce for meal prep market, announced today that it has closed…
S2G Ventures partners with CDPQ to invest in food and agriculture ventures
CANADA – S2G Ventures (S2G), a multi-stage venture fund investing in food and agriculture has…
Tanzania’s Bakhresa Group ups wheat flour production capacity eyeing more markets
TANZANIA – Bakhresa Group, Tanzanian operator of flour mills that manufacture Azam food flour brands…
Plant based meat alternative producer Vivera set to invest US$35m in its expansion plan
NETHERLANDS – Vivera Foodgroup, a producer of plant-based meat alternatives, is planning to invest at…
Nigerian construction company Julius Berger seeks to diversify into agro-processing
NIGERIA – Julius Berger Nigeria Plc, a civil engineering and construction company in Nigeria has…
Baby food producer Yooji secures US$8m additional funding for marketing
FRANCE – Yooji, a French maker of organic frozen food for babies, has secured additional…
Ivory Coast to construct two new cocoa processing factories with US$389m
IVORY COAST – The government of Ivory Coast is seeking to increase the country’s cocoa…
UK based IT firm Zetogon invests in Nigerian agritech company AirSmat
NIGERIA– Zetogon, a UK based Information Technology company has invested US$100,000 in AirSmat, a Pan-African…
Biotech company Siolta Therapeutics secures US$30m in Series B funding to diverse in their research
USA – Siolta Therapeutics, a clinical-stage biotech company, has announced that it has raised US$30…
Food processing company Wilmar secures US$200m financing to drive agricultural sustainability
SINGAPORE – The United Overseas Bank (UOB), a Singaporean multinational banking organisation, has extended a…
Hong Kong based food security venture Green Monday secures US$70m financing for its R&D efforts
JAPAN – Green Monday, Hong Kong-headquartered a social venture group for global food security has…
Chicken meat alternative producer Daring secures US$8m in series A funding round
USA – US plant-based chicken company Daring has raised US$8 million in a Series A…
Vegan fresh soup startup Re:Nourish secures investment to expand distribution footprint
UK – Re:Nourish, the world’s first grab and go fresh soups start-up, has secured a…
Snacks manufacturer Mondelez in plans to acquire more healthier snack brands
USA – Mondelez, the maker of Oreo cookies, Cadbury chocolate and Ritz crackers, is planning…
Food corporation Cargill Inc set to invest US$21m in House of Chocolate complex in Belgium
BELGIUM – Cargill Inc., privately held global food corporation, has unveiled plans to invest US$21…
Alpro unveils sustainability action plan, invests US$35m in two production sites
GLOBAL – Alpro, a Danone subsidiary, has unveiled a new five-year health and sustainability action…
Tradewind Finance invests US$2m in manufacturer and exporter of East Mediterranean food
LEBANON – Manufacturer and exporter of East Mediterranean food based in Lebanon has secured a…
Nestlé S.A buys additional shares in Nigerian subsidiary increasing its stake to 66.3%
NIGERIA – Nestlé S.A, Switzerland, the parent company of Nestlé Nigeria Plc, has purchased 229,697…
Ingredion opens new plant-based protein manufacturing facility as part of its US$185m investment
USA – Plant-based ingredient solutions provider, Ingredion has cut ribbon of its newly built state-of-the-art…
Urban farming network Infarm raises US$170m in Series C funding for development
GERMANY – Berlin-based urban farming network Infarm has announced that it has raised US$170 million…