M&As, Funding & Investments
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Proterra Asia invests in 3 high-growth Asian food businesses
ASIA – Proterra Investment Partners Asia has completed three new investments in three Asian high-growth food businesses. These include nutrition and supplements business Zhong…
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Packaging producer Multivac invests US$5.6m in expansion of Bulgarian facility
BULGARIA – Multivac one of the leading providers worldwide of packaging solutions is investing US$5.6 million in expanding production works at its site in Bozhurishte, Bulgaria. The…
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Egyptian B2B agri-supply chain operator receives investment for future growth
EGYPT – FreshSource, the MENA region’s first B2B agri-supply chain platform, has clinched a seven-figure investment from 4DX Ventures and Wamda. Launched by sibling duo…
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Kenyan food-tech startup Kune seeks US$3.5m for further expansion
KENYA – Kune Food, a Kenyan based cloud kitchen concept operator, is seeking to raise US$3.5 million from local and international investors in its second…
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ABC Fund secures US$5m investment from Bank of America to strengthen farmers organisations
AFRICA – The Agri-Business Capital Fund (ABC Fund) has received US$5 million from Bank of America, its first investment from a corporate global financial institution.…