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Otter, Open Prairie, RockPort and Pangaea are among the VC firms backing the company focused on plant bacteria beneficial for growth.

The Agricultural Development Fund is funded by US and European governments and will seek private capital at a later stage.

Wheatsheaf Investments, a subsidiary of Grosvenor, the UK family office, has invested $5 million into Enterra Feed, a Canadian animal feed producer.

The Beijing Australia Agricultural Resource Cooperative Development Fund will invest across agricultural industries.

The private equity industry is taking development issues more seriously when searching for new investments in agriculture and other sectors.

Thomas McNerney & Partners and Finistere Ventures participated in an $11m Series C funding for SGB, a California based biofuels company which uses harvested hybrid jatropha beans, shown in featured image .

The Farm Credit Canada spin-out has raised just over half of its C$125m target.

The venture capital firm has led a $7m Series A round of investment in Colorado-based aWhere, a 'big data' company that provides localised climate information to farmers.

Investing alongside two co-investors, the Australia and New Zealand forestry investment manager has created a new business called Forico to manage the 175,000 hectares of forestry plantations.

The World Bank and the Global Environment Facility have invested $508m in the Philippines Rural Development Fund.