Home Food Processing
Food Processing
Investment interest in agriculture technology is growing but whether it translates into actual commitments is still an open question, says Ron Meeusen, managing partner at Cultivian Sandbox Ventures.
The Danish government will invest Kr40m into the new agriculture private equity fund and hopes to attract a further Kr800m from local pension funds and other private investors.
The subsidiary of Calavo Growers, the fresh produce and farm products company, has raised $10m to fund its fresh food distribution platform ahead of an August launch.
The UK-based firm is set to launch a $250m private equity fund investing into coconuts and neem in Brazil and is targeting family offices and high net worth individuals for the first close.
Jacob Robbins, the former managing director of global sweeteners at Coca Cola, plans to establish projects across Asia, Latin America and Sub-Saharan Africa, predominantly in bioenergy crops.
NGP Global Agribusiness Partners, the subsidiary of NGP Energy Capital, has closed its inaugural fund on $402m, some 25% above target.
The development bank is now considering investing into the equity of agribusinesses, as well as providing loans to the sector.
The UK-based DFI is keen to invest into African and South Asian food processing businesses as it develops its direct investment platform.
New York-based Arlon Group and its subsidiaries focus primarily on investments in the food and agriculture industries.
The development finance institution has launched a private equity fund with the Indian bank to invest in the region’s SME sector.