Agribusiness

IntelliCulture in its $3.5 million Series Seed II Round

On June 3, 2024, IntelliCulture announced that it raised 3.5 million in a Series Seed II all-equity round. This round was led by Serra Ventures and saw participation from Emmertech and Tall Grass Ventures. The company plans on utilizing the funding towards research and...

Lead Office: Toronto Date Announced: Jun 3, 2024 Value: 3.5 million

The51 Food and AgTech Fund in its closing of $30 million in its $50 million Fund

On April 28, 2023, The51 Food and AgTech Fund announced that it closed $30 million of its $50 million Fund. It is noted that the Lead Investor is Farm Credit Canada with commitments from Alberta Enterprise Corporation, National Bank of Canada and others. The51 Food and AgTech Fund is targeting...

Lead Office: Vancouver Date Announced: Apr 28, 2023 Value: $30 million

CNH Industrial in its agreement to acquire Hemisphere GNSS for $175 million

On March 30, 2023, CNH Industrial entered into an agreement to purchase Hemisphere GNSS for $175 million from Beijing UniStrong Science & Technology Co., Ltd. This acquisition will allow for CNH Industrial to improve their automation in both its agriculture and construction businesses....

Lead Office: Toronto Date Closed: -- Value: $175 million

Future Fields in its $15 million Seed Extension Round

On February 22, 2023, Future Fields announced that it raised $15.1 million in a seed extension round which included a $5 million grant. This round had participation from Bee Partners, Toyota Ventures, Builders VC, Ag Funder, Amplify Capital, Milad Alucozai of BoxOne Ventures, Green Circle...

Lead Office: Toronto Date Closed: February 22, 2023 Value: $15.1 million

Round13 in its investment in Alvéole’s Series A financing round

On November 18, 2022, Alvéole announced it had closed its $8.1 million Series A financing round from Round13 Capital’s EarthTech Fund. This funding will be put towards Alvéole’s digital platform, which enables users to monitor their bees and assess their social and environmental...

Lead Office: Toronto Date Closed: November 18, 2022 Value: $8.1 million

Neptune Wellness Solutions in the $5.15M sale of its cannabis business to PurCann Pharma

On October 17, 2022, Neptune Wellness Solutions announced it had entered into a binding agreement to sell its cannabis business to PurCann Pharma Inc., a subsidiary of Groupe SiliCycle, a Quebec based company with over 27 years of experience with extracting and purifying active ingredients...

Lead Office: Montreal Date Closed: -- Value: $5.15 million

Vive Crop Protection in its US$26 million Series C financing round

On August 22, 2022, Vive Crop Protection announced it had completed its US$26 million Series C financing round led by Emmertech with participation from the Cibus funds, Business Development Bank of Canada, Export Development Canada, and Urbana Corporation. Vive has also secured debt financing...

Lead Office: Toronto Date Closed: August 22, 2022 Value: US$26 million

Resson Aerospace in its acquisition by McCain Foods Limited

On June 29, 2022, Resson Aerospace announced it had been acquired by McCain Foods Limited. This acquisition will allow McCain Foods to use Resson’s technology to provide productivity enhancement to farmers and food processors. Resson will emerge as a new business unit within McCain...

Lead Office: Toronto Date Closed: June 29, 2022 Value: -

Kubota Corporation in its $91 million acquisition of AgJunction

On October 7, 2021, Kubota Corporation announced its agreement to acquire AgJunction for $91 million. The all-cash transaction represents a 60% premium to the closing price of AgJunction’s common shares and will be completed by plan of arrangement. The acquisition will accelerate the...

Lead Office: Toronto Date Closed: -- Value: $91 million

Radical Ventures in ClimateAi’s $12 million Series A financing round

On July 21, 2021, ClimateAi announced a $12 million Series A financing round led by AI-focused Radical Ventures with participation from FootPrint Coalition. ClimateAi aims to be deployed across half a billion acres of farmlands around the globe within the next three years and to expand its...

Lead Office: Toronto Date Closed: July 21, 2021 Value: $12 million