Dutch pension fund PGGM has committed between €50 million and €100 million to Black River Food Fund 2, a private equity fund managed by the private equity subsidiary of US agribusiness Cargill.
The Australian dairy fund manager, which doesn't want to disclose the size due to the potential impact on farmland prices, will hold a final close later in the year.
Planet Labs raised the Series C capital in a round led by Data Collective and joined by prominent VC firms such as Founders Fund.
The Uruguayan timber group recently raised $70m for its second domestic timber investment trust, Bosques del Uruguay II.
The mobile application agtech firm raised the latest round from new and existing investors.
GrowLife, the hydroponic equipment seller, has sold a minority stake to ex-CEO Sterling Scott. The company is likely to need additional funding for expansion soon.
Gotham Greens raised the Series B capital to expand the construction of its greenhouse projects into new cities.
The US private equity fund has closed on $250m.
San Diego County Employees Retirement Association will hire external managers to handle a $50m-$75m timber increase. It is also planning a $150m “re-up” in agriculture investment during the year.
Southeast Venture Holdings is considering launching an institutional fund to target the sustainable aquaculture sector. It is currently raising $75m for its Healthy Earth sustainable food brand.