BrightFarms executive predicts 700% growth for greenhouses that minimise transport costs by building near retail locations.
Sembrador says it has a commitment from IDB and expects one from the Colombian government.
Louis Dreyfus Group, one of the world's largest agricultural commodity traders, has teamed up with emerging markets firm Bamboo Finance to launch the fund.
An unnamed Chinese-Israeli investor group is expected to add to the $4m Agrinnovation close.
The fund is majority-owned by Oman's largest sovereign wealth fund, the latest in a line of agri deals struck by SWFs.
The fund will back infrastructure and agricultural projects, and could double Australia's agricultural output.
The start-up is using AI, data science and DNA sequencing to create food ingredients with health benefits.
The REIT offered 6m shares at $8.00 each, but the stocks fell on the first day of trading.
The fund's manager sees an opportunity in the 'Bloomberg' of the cannabis industry.
The company says its drone system's unlimited flight duration and secure data transmission offer tremendous potential for agricultural use.