Hello Tractor is raising the capital to expand its smart tractor production, distribution and leasing business across Africa.
The Shariyah Review Bureau has recently researched the agriculture fund market and its openness to sharia compliance. Here Saif Shawqi, assistant business developer at the Bureau, discusses the findings.
Rural Funds Group, the ASX-listed farmland REIT, raised the capital through a placement with new and existing investors. It also launched a $7.5m entitlement offer for existing investors.
The Dutch VC firm has invested $5.6m into LemnaTec, the agricultural data analysis and phenomics company.
Conterra Asset Management entered into a joint venture with Farmer Mac to provide fee appraisal services for farmland owners and is targeting a $100m first close of its agribusiness PE fund later this year.
Flow Kana, the Californian service promoting organic cannabis production, is raising capital for technology improvements.
Greenshields Agri, an owner-operator of farmland in the northern grain belt of England, has applied for a listing on AIM and wants to raise £3m at IPO.
3D Robotics raised the Series C round from a range of angel and VC firms as investment into the technology surpassed $80m in 2014.
LandFund Partners II follows the $7m Fund I which closed in 2013.
Arcadia Biosciences, which wants to list on Nasdaq, is backed by BASF Venture Capital, Mandala Capital, CMEA Ventures and Saints Capital among others.