| Private Placement / Financing TransactionsInnovaFeed: The company raised $250 million of Series D venture funding in a deal led by Qatar Investment Authority on September 20, 2022. Archer Daniels Midland, Cargill, ABC World Asia, IDIA Capital Investissement, Grow Forward, Future French Champions, Creadev, and Temasek Holdings also participated in the round. The company is a producer of insect-based protein intended to offer natural and sustainable ingredients for animal feed and plant nutrition from insect rearing.
Kate Farms: The company raised $75 million of Series C venture funding in a deal led by Novo Holdings on September 19, 2022, putting the company’s pre-money valuation at $566 million. Kaiser Permanente Ventures, Main Street Advisors and Goldman Sachs Asset Management also participated in the round. The company is a developer of tube feeding formulas intended for easy digestion by tube-fed adults and children.
InnerPlant: The company raised $16 million of Series A venture funding in a deal led by Deere on September 19, 2022, putting the company’s pre-money valuation at $69 million. MS&AD Ventures, Bee Partners, TAU Ventures by Tel Aviv University, UpWest, and other undisclosed investors also participated in the round. The company is a developer of genetically adapted living biosensors designed to help feed the world sustainably.
MicroHarvest: The company raised EUR 8.5 million of Series A venture funding in a deal led by Happiness Capital and Astanor Ventures on September 20, 2022. Atlantic Food Labs and Faber Ventures also participated in the round. The company is an operator of a biotech business intended to produce nutrients and proteins made from bacteria.
Cloud Water: The company raised $5 million of Series A venture funding in a deal led by Don Lockton on September 23, 2022. The company is a producer of sparkling water beverages intended to support both physical and mental health needs.
Les Grappes: The company raised EUR 4 million of venture funding from Demeter and other undisclosed investors on September 22, 2022. The company is a retailer and distributor of wines intended to simplify access to winegrowers and their products.
Distynct: The company raised venture funding from ISA Ventures and Burlington Capital on September 23, 2022. The company is a developer of livestock farming and remote management software intended to facilitate online monitoring of livestock facilities.
Koltiva: The company raised an undisclosed amount of venture funding from Blue7, The Meloy Fund and Silverstrand Capital on September 22, 2022. Planet Rise and Development Finance Asia also participated in the round. The company is an operator of an integrated agriculture technology company intended to provide tailor-made software systems and services for end-to-end business processes.
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