Zhigeng research selection
The purpose of Zhigeng Research is to track domestic and foreign trends in the biotechnology field in the mode of research and analysis, and present different industry backgrounds, current situations, challenges and future development trends, in order to open up innovative perspectives for partners in the biotechnology ecosystem.Zhigeng learned that in 2023Agricultural technology transactionsRoughly the same trajectory as the rest of the tech sector, with lower valuations and fewer huge fundings compared to the venture capital heyday of 2021 and early 2022. Investments in 2023 are more focusedClimate issuessolutions, so the following list is now a number of themWaste resource conversionStartups andCarbon reductionRelated Companies. Among them, in 2023, including the direction of biological productsAgricultural biotechnologyIt is also a relatively strong investment area.
Here's a look at the top 20 agtech deals in 2023:
1.Ecoceres (USA) – U.S.-based biorefinery platform Ecoceres acquires Bain Capital$400 millioninvestment, the platform will:Low-value waste (e.g. agricultural biomass).Convert to ** valueBiofuelswithBiopolymers
2.Atlas Agro (Switzerland) – Macquarie Asset Management Australia has completed the sale of renewable green nitrogen fertiliser Atlas Agro Holding AG (Atlas Agro) and its associated project entities through Macquarie GIG Energy Transition Solutions (MGETS)**3.$2.5 billioninvestment.
3.Xpansiv (USA) – Green technology company Xpansiv has received a round led by Blackstone Energy Partners, with participation from Bank of America and Goldman Sachs1.$2.5 billionFinancing.
4.eFishery (Indonesia) – Aquaculture management platform eFishery$200 million Series D financing, become"Unicorns"Enterprises and investors include the UAE's G42 Global Expansion Fund (42xfund), SoftBank Vision FundII, etc.
5.Charm Industrial (USA) – Charm Industrial has received funding led by General Catalyst$100 million Series B financingfor expansion across the United States. charm willAgricultural biomassIt is converted into a carbon-rich liquid and then pumped into the ground to permanently remove carbon from the atmosphere.
6.SILO (USA) – SILO, an agriculture chain technology start-up, has received investment from First Citizens Bank$100 million in financing。Funds are used to develop new products through workflow automation and financial technology tools for food retailers.
7.Goodleaf Farms (Canada) – Goodleaf Farms, an indoor farming company, is acquired from the Canadian Imperial Bank of Commerce (CIBC) and Farm Credit Canada$78 millionis one of the few high-profile financings in 2023Vertical farming companiesOne. This round of debt financing is used for Goodleaf Farms' expansion across Canada.
8.aphea.BIO (Belgium) – Aphea., an agricultural biotechnology start-upBio was obtained from Innovation Industries, Gates, and others70 million euros ($78 million).investment. This round of financing is used to support APHEAGrowth of BioBio's business.
9.Loam Bio (Australia)--Soil carbon in agricultureStartup Agreena was led by Germany's HV Capital, with participation from AENU, Anthemis, Gullsp NG Re:Food, Kinnevik and Danish Export & Investment**€46 million ($50 million) Series B financing, for whichSoil Carbon Plan, the plan is turningRegenerative agriculture practicesof farmers provide financial incentives.
10.Sael (India) - willAgricultural wasteSAEL, a company that converts to renewable energy, from Norway Climate Investments** (NORFUND's Norwegian Climate Investment Fund).$60 millioninvestment. This funding is funded by reducing stubble burning in the fieldMore than 2.8 million tonnes of CO2 emissions were reduced
11.bluepha (China) -- Bluepha, a biomaterials company, received a round of investment led by Zhongping Capital$58 million Series B financing。The company is developing a seriesNatural biopolymersto provide assistance to downstream enterprises.
12.HATER (New Zealand) – Alter received a round led by Bessemer Venture Partners and co-funding from Blackbird VenturesNZ$85 million (US$53.3 million) Series C financing。HATER is committed to developing solar-powered smart cattle collars and other livestock management technologies.
13.EcoRobotix (Switzerland) – Ecorobotix, an agricultural robotics start-up, has received a co-funding round from AQTON PE and Cibus Capital$52 million Series B financing。Funds are used to develop crops and pastures suitable for cultivatingAutomatic and precise spraying robots
14.Agreena (Denmark) – Agreena's soil carbon initiative has received a round led by Germany's HV Capital€46 million ($50 million) Series B financing, which provides financial incentives for farmers to transition to regenerative agriculture practices.
15.Aemetis Biogas (USA) – Aemetis Biogas, a subsidiary of biofuels company Aemetis, was secured in a debt financing round$50 million in financing。The funds will be used in accordance with the USDA's Loan Guarantee Commitment for the U.S. Renewable Energy Program (REAP) to:Dairy biogas digestersconstruction.
16.Green Genius (Lithuania) – The renewable energy company Green Genius has received an investment from the Polish bank Mbank$50 million in financing, for the construction of Poland69 MWofSolar power plants。This is the largest deal to date for Green Genius in Poland, where Green Genius has other solar projects under construction.
17.bio-engine (China) - in May this year, manufactured for human and animal cellsSerum-free mediumBio-Engine received a round led by Newerli Capital"More than 300 million yuan"(US$41 million).Series C financing
18.Greenlabs (South Korea) – Greenlabs, a precision agriculture company, has received investment from BRV Capital Management and Skylake Incuvest$38.4 million in debt financing
19.Bestzyme Bioengineering (China) - Obtained by Bestzyme Bioengineering, an enzyme preparation company$35.2 million in private equity financing。Bestzyme Bioengineering focuses on:Animal feedwithBioethanoland other productsProduction of enzyme preparations
20.Victory Farms (Kenya) – Won by tilapia producer Victory Farms$35 million Series B financingto expand operations in Kenya and Rwanda, with the potential to enter the regions of Ethiopia, Uganda and Tanzania.
For more information, please refer to:
TechCube is a technology commercialization innovation platform focusing on the field of biotechnology
Promote the deep integration of source innovation and industry;
Walk with scientists, entrepreneurs, investors and stakeholders;
Continue to build a company that leads the transformation of the biological industry.