Friday, 22 May 2015

Global Agri, Food & Health updates - 22May'15 !

1. SEDCO Capital's agribusiness private equity fund will soon make its first sharia compliant investment into non-land assets. It is targeting $150m by the end of the year.

2. Food and agri accounts for 5 percent of the $60bn of impact assets under management, according to a survey conducted by JPMorgan and the Global Impact Investing Network.

3. China signs $27bn trade deal with Brazil, including planned co-operation in the agriculture sector.

4. Google Ventures led the $15m Series B round into Farmer Business Network, which was founded by an ex-Google employee. Kleiner Perkins Caulfield & Byers joined the round.

5. The venture capital-backed agricultural biotechnology company Arcadia Biosciences priced its IPO at $8 a share, below its $13-$15 a share price range. It started trading on the Nasdaq on Friday.

6. Food industry exports could be hit by challenging exchange rates, calling the sector’s recent growth into question, figures show as one of Britain’s biggest manufacturers urges the UK to leave the EU.

7. Hungary is seeing a renaissance of its herbal sector, supported by a trend towards organic foods and supplements.



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