Indoor farming startup Bowery Farming raises US$50m in funding

USA – New York-based indoor farming startup, Bowery Farming Inc has raised US$50 million in funding in an extension of its Series B round. The funding was led by Singapore state investor Temasek with participation […]

Coffee stakeholders’ partner to launch US$950m Africa Coffee Facility

AFRICA – The Inter African Coffee Organisation (IACO) in partnership with the Centre for Agriculture & Biosciences International (CABI) and the International Coffee Organization (ICO) have launched the Africa Coffee Facility’ (ACF) worth US$950 million […]

Clean Cause raises US$7m in Series A funding to expand its footprint in US

USA – Texas based organic sparkling yerba mate beverages maker, Clean Cause has raised US$7 million in series A funding, which the company plans to use in expanding its its sales and marketing team as […]

Finnfund boosts Zambia’s Yalelo Aquaculture with the first direct investment

ZAMBIA – Finnfund, Finnish development financier will support the expansion of Yalelo Limited, an integrated tilapia aquaculture company in Zambia with a US$6 million equity investment. Yalelo produces 12,000 tons of tilapia annually. With the […]

Craft beer maker White Owl Brewery raises US$5.63m to expand footprint

INDIA – Mumbai-based craft beer maker, White Owl Brewery has raised US$5.63 million (₹40 crore) in its second round of funding to accelerate the brewer’s expansion in new geographies. Led by existing investor, IIFL India […]

Agritech start-up secures a loan facility for expansion of precision agriculture solutions

KENYA – Lantera a Kenyan agri-tech startup has obtained a loan facility of an undisclosed amount from Kenya Climate Innovation Center (KCIC) to enable it to meet its early targets as it prepares to raise […]

BigBasket to invest US$100m in strengthening supply chain in expansion strategy

INDIA – BigBasket, India’s leading grocery retailer, is set to invest US$100 million (Rs 698 crore) in strengthening its supply chain by setting up vending machines and smaller distribution centres across various cities it operates […]