Investment
USDA invests $26m in Renewable Biofuels Infrastructure
Late last week, the US Department of Agriculture (USDA) announced it will be investing $26m into developing infrastructure to support wide scale rollout of higher-blend renewable fuels. Through this new scheme, it is anticipated that availability of these biofuels will…
Commentary: Canadian Government Invests in Indigenous-led Biomass Projects
The Canadian Government, specifically Natural Resources Canada (NRC), invested $205,000 (€137,000) in Inukshuk Synergie and $400,000 (€268,000) in Akua Nature, financing Indigenous-led development biomass projects. This comes after a year filled with news and discoveries about how Indigenous groups were…
Novozymes Invests 2 Bn Danish Kroner into Alt- Protein
Danish biotech giant Novozymes has entered into a contract in the plant-based industry. The partner, a key player in the industry, has not yet been named. As part of the contract, it will invest 2 billion Danish kroner into a new state-of-the-art…
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,…