Nora Zhou
The deal comprises 3,519 aggregate acres of irrigated cropland in California and Florida, for approximately $35 million.
Zymergen, a Californian company, raised funding from Data Collective and AME Cloud Ventures, the early stage fund of Jerry Yang, founder of Yahoo, among a range of other big VC players.
Fall Line Capital, the US fund manager, invests in both farmland and agtech. Here co-founder and and managing director Eric O’Brien discusses the firm's strategy, plans and challenges in the US farmland market.
Cultivian Sandbox Ventures, the food and agri focused VC firm, led the round alongside farmland fund manager Fall Line Capital, in Asilomar Bio's first institutional round.
Compound annual growth rate 'is the most important performance metric' for institutional investors, according to Andrew Nicholas Smith, co-founder of OWLshares, an alternatives index developer, and author of a new farmland report.
DomaCom has recently started offering agricultural property investments on its real estate platform for as little as A$20,000. It is targeting self-managed superannuation funds.
Details about the previously mooted cannabis VC fund from US rapper Snoop Dogg have been revealed in SEC filings.
Fund II has acquired 18,500 acres across six properties in four transactions. Fund I is set to open again before the end of the year.
PowWow Energy, a California-based start-up providing Software as a Service (SaaS) for water efficiency, raised $3m in funding.
The state fund hopes to mobilise a further $2bn of investment into the industry from local funds and state governments.