2020 was a bumper year for agriculture capital raising, amid and despite the global social, health and economic disruptions of covid-19. Startups raised $26.1 billion across 2707 deals in 2020, a 15.5% year-over-year increase.
Six years ago, Harvard began one of its most daring foreign adventures: an investment in a sprawling agricultural development in Brazil's remote and impoverished northeast. The university's highly paid money managers thought they could manage risks other schools avoided.
Mega funding rounds from companies are redefining the agtech investment landscape as we move into 2018. Consistent with the first wave of agtech startups maturing, companies are looking to scale in a sector that has around $3 trillion value at the farm gate, and multiples of that downstream.
On a day noted for the passage of the moon across the sun in the US, grains were eclipsed by metals, with wheat futures plumbing fresh contract lows on both sides of the Atlantic, while Chicago corn dropped to its lowest in nearly a year.
The African Development Bank (AfDB) will invest $24 billion dollars in agriculture as part of its Feed Africa programme- a strategy for agricultural development in Africa.
Investors with a macro view of the global economy will undoubtedly take into account population growth. Even though the pace of the expansion has peaked (1962-3), the overall number of people continues to grow, led by emerging markets. Estimates have put the total at 8.4 billion by mid-2030, and 9.6 billion by mid-2050. Contributing to this statistic is that people are living longer.
<p class="story-body-text story-content" data-para-count="240" data-total-count="251">Glencore, a mining and energy giant based in Baar, Switzerland, is hoping to join the ranks of firms that dominate the trading of agricultural products, known as the ABCD companies (Archer Daniels Midland, Bunge, Cargill and Louis Dreyfus).</p>
Bill Maris surprised many people in August when he decided to step down from GV, the huge venture capital fund associated with Google -- and left many wondering what he would do next. He announced that he has opened a new fund, Section 32, with about $150 million under management. It will invest in a variety of industries, from health care to agriculture technology.
Tech companies may waste a golden opportunity to put money back into the economy and rev up their innovation engine if they listen to the blowhard speculation coming from financial analysts and the media. Here's what they can do.
In December, a half-dozen of some of the richest families in the U.S., from agriculture to beverages, gathered in a conference room on the 10th floor of an office building in Miami. This was not some cabal to rule the world. Instead, for an hour over coffee and bagels they listened to a dealmaker for billionaire brothers J.B. and Tony Pritzker talk about how to buy companies. Wealthy families are embracing their inner Warren Buffett, albeit on a smaller scale. They used to hand most of their assets to managers to invest. Now, following the likes of Buffett, Michael Dell...