Financial news, corporate announcements, analysts’ reports
LONDON: Agronomics (LSE: ANIC), a leading company in cellular agriculture, has reported that its portfolio company Liberation Labs Holdings Inc. has raised an additional US$ 3.5 million through a Secured Promissory Note. Agronomics contributed US$ 2.0 million from its own cash reserves. The Note carries an annual interest rate of 10% and will mature on…
Inverness Graham’s Green Light strategy, known for its commitment to environmental sustainability, has taken a significant step forward with the acquisition of BioTek Ag by its subsidiary, Custom Agronomics. This strategic move not only broadens Custom Agronomics’ offerings in eco-friendly plant nutrients and soil health solutions but also strengthens its market presence across the Midwest…
LONDON, UK: Agronomics (LSE: ANIC) has invested US$ 10 million in its portfolio company Liberation Labs Holding Inc. as part of a wider US$ 12.5 million financing round with participation from existing investor Siddhi Capital. The investment was made in the form of a Secured Convertible Promissory Note (SCPN), a form of convertible debt, for…
LONDON: Agronomics (LSE: ANIC) portfolio company Onego Bio Ltd has successfully raised €27 million in its Series A financing, led by NordicNinja VC, a Japanese-Nordic VC backing companies in climate and deep tech. In addition, Onego Bio secured a further €9.5 million in non-dilutive funding from Business Finland, a government organisation offering grant funding for…
LONDON: Agronomics (LSE: ANIC) has announced the acquisition of its portfolio company, Shiok Meats, by UMAMI Bioworks Pte. Ltd. The deal, structured as a share-for-share exchange, marks a significant step towards the scalable production of sustainable seafood. UMAMI Bioworks, a Singapore-based trailblazer in cultivated seafood, employs cutting-edge stem cell technology, machine learning, and automation in…
LONDON, UK: Agronomics, a UK-based company focused on cellular agriculture, has announced that it has invested €4 million in Meatable, a Dutch company that produces cultivated pork from animal cells. The investment is part of Meatable’s €35 million Series B financing round, which was co-led by Agronomics and New Agrarian, a new fund dedicated to…
LONDON, UK: Agronomics (ANIC:LSE), a leading company focused on cellular agriculture, has made a significant investment of AUD 2.5 million in HydGene Renewables Pty Ltd (“HydGene”). The investment is part of HydGene’s AUD 6 million Seed financing round and aligns with Agronomics’ commitment to investing in environmentally-friendly opportunities. The funds were drawn from Agronomics’ own…
LONDON, UK: Agronomics (ANIC:LSE), the leading listed company focused on the field of cellular agriculture, has executed an unconditional subscription agreement to invest up to US$ 7 million in the US$ 20 million Seed funding round of precision fermentation contract manufacturer Liberation Labs Holdings. Liberation Labs is an early-stage company with no revenues and operating…
LONDON, UK: Agronomics (AIM:ANIC), the leading listed company focused on the field of cellular agriculture, has invested a further US$ 2 million into Chinese cultivated meat company CellX Limited (“CellX”), subscribing for 857,363 preferred shares. CellX is a leading cultivated meat company based in Shanghai. Agronomics will have a 5.14% equity ownership in CellX, on…
LONDON, UK: Agronomics, the leading listed company focused on the field of cellular agriculture, has invested a further $1 million into GALY CO. GALY CO. is an existing portfolio company focused on plant cell culture. Agronomics will subscribe for 364,710 Series A Preferred Stock using cash from the Company’s own resources. Following this investment, Agronomics…
LONDON, UK: Agronomics Limited has co-led the Series A Financing for portfolio company SuperMeat (The Essence of Meat Ltd) with a US$ 10 million investment, subscribing for 188,158 Series A Preferred Shares, a notice said. SuperMeat is a leading cultivated chicken meat company based in Israel. The funding round was co-led alongside New Agrarian Company…
LONDON, UK: Agronomics, the leading listed company focused on cellular agriculture, has acquired 1.069 million preferred stock in a secondary transaction in Geltor Inc., company focused on producing designer proteins for use in the cosmetic industry, from an existing shareholder, for total consideration of US$ 9.49 million. This represents an equity stake in Geltor, on…