Dairy

The firm intends to draw on its inaugural fund’s ‘very successful' investment in Farefield Dairy as it seeks to support Glacier Products’ expansion across Africa.

VC investment into agtech has grown 75% since 2014 and looks keen to keep growing as the sector offers opportunities across types of investors.

A trade dispute between China and Australia emerged in 2020, with the latter on the receiving end of threats of import suspensions and tariffs. A report from Rural Bank shows the extent to which each commodity could be affected.

Some US LPs have ‘formal mandates to reduce their allocation to Asia’ due to the US-China trade war, said Proterra Asia managing partner Tai Lin.

PSP head of natural resources Marc Drouin said the pension would look to do more post-farmgate investments in Australia and could work with local funding partners more in future.

Public market flotations by highly coveted and well-funded ag start-ups have followed in the footsteps of Beyond Meat’s 2019 IPO, adding to the growing signs of industry maturity.

Lion Dairy & Drinks is Australia’s second-largest milk processor but the proposed sale did not include any farmland, an area of concern during previously blocked Chinese takeover bids.

AGP and four other investors have committed A$13m to the livestock feed additive start-up that has been shown to reduce methane emissions from beef and dairy production by up to 80%.

Partner Elisabeth Hivon says anaerobic digesters like the one in Twin Falls will likely be the focus of the infrastructure specialists’ ag-related investments in North America.

Perfect Day is pioneering a fermentation production process for dairy products that does not have any animal dairy content and is lactose-free.