Investment
Raízen Raises $1.15b In Biggest Brazil IPO Of The Year
Shares have started trading in Raízen’s IPO, the largest Brazilian IPO of 2021. A Shell and Brazilian energy company Cosan joint venture company, they raised $1.15 billion, even though shares are priced at the bottom of the suggested range. Shell Brazil…
Food waste reduction firm Apeel reaches $2bn valuation
Apeel, a California-based agtech company, yesterday closed its Series E funding round, bringing in $250m to raise the firm’s total valuation to $2bn. The Bill and Melinda Gates-backed company has created an edible layer that is applied to fruits and…
UK Blue Planet Fund Receives First Investment Round
At the end of last week, the UK Government confirmed it had sent the first round of funding support to five global initiatives working to protect our oceans. A little over £16m was taken from the £500m Blue Planet Fund,…
Saltwater Startup Reaches $16m in Funding
Saudi Arabia-based startup Red Sea Farms has closed its series A funding round, scoring $6m from US investors AppHarvest and Bonaventure Captial, bringing its total funding to $16m. The company uses smart technology to cultivate food crops using saltwater instead…
Saltwater Startup Reaches $16m in Funding
Saudi Arabia-based startup Red Sea Farms has closed its series A funding round, scoring $6m from US investors AppHarvest and Bonaventure Captial, bringing its total funding to $16m. The company uses smart technology to cultivate food crops using saltwater instead…
Fable Foods Co Raises $6.5M for Fungi-Based Products
This week, Australian Fable Foods Co announced a $6.5 million AUD seed funding round led by Blackbird Ventures. It aims to expand growth and launch into the US by the end of 2021. The successful enterprise, known for its “meaty”…