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New Sumitomo unit to hunt ag VC investments

Sumitomo's Corporate Venture and Innovation Office will also explore investments in healthcare, environment, and information and communication technology.

Cultivian, Anterra and Open Prairie among investors in $40m biologicals Series B

Vestaron chief executive Anna Rath says attracting life-science investors into later-stage agtech startups will be key to the market's development.

Scarcity shapes fishfeed alternatives search

The challenges and opportunities in a key market for an expanding global aquaculture market were examined by a panel of industry leaders at IntraFish 2019.

Saudi Agricultural and Livestock Investment Company makes first UK move

SALIC has led a £7m funding round for UK-based agtech firm Hummingbird Technologies and will use the tech on its properties in Australia and Ukraine.

Finistere enters robotics with an eye on broader markets

CEO Arama Kukutai says participation in a $8.8m funding round for New Zealand’s Invert Robotics gives the firm an entry into potential markets outside of agri.

Western Australia ‘like California 30 years ago’

Alterra MD says he is seeing the ‘best opportunities’ for investment in WA, attracting interest from North American institutional investors.

Cultivian Sandbox fund misses $200m target

The firm secures $130m from strategic ag investors like ADM and Smithfield, as well as its first non-US LPs, like Sumitomo Chemical America.

Western Sydney International Airport could house agtech cluster: report

Report from the University of Sydney’s United States Studies Centre proposes a cluster that would enable Australia to increase its exports of fresh fruit and vegetables, and other commodities.

Indigo Marketplace attracts $12bn in specialty grain supply

Indigo Ag has raised a total of $650m in private equity financing, with its most recent round valuing the company at $3.5bn.

Abu Dhabi provides $272m agtech incentives to create ‘vibrant ecosystem’

Abu Dhabi Investment Office will provide the funding via a mix of cash and non-cash incentives over the next three years.
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