Welcome back, listeners! In today's episode, we dive into the latest strides in AgTech, featuring Flagship Pioneering's merger of CIBO Technologies and Indigo Ag's Source business into Terion, a new neutral AI data infrastructure company, NativState's forestry carbon acquisition, Munters exploring an exit from food tech, FMC and Corteva's $200 million herbicide licensing deal, and a regenerative agriculture awareness study that nearly doubled among US adults in a year. Let's get started!
Here’s a Quick Snapshot of What’s Making Headlines:
Big Story: Flagship Pioneering merges CIBO Technologies and Indigo Ag's Source business into Terion, a neutral AI data infrastructure company headquartered in Cambridge, Massachusetts
M&A: NativState acquires Neeley Forestry Service, adding 200,000-plus acres and pushing its enrolled base past 950,000 acres; Vireo Growth signs all-share deal for C21 Investments and roughly 15 Nevada dispensaries
Divestiture: Munters Group explores selling its FoodTech business, Speria, to focus on Data Center Technologies and AirTech — Evercore advising, no deal agreed yet
Venture: Elanco launches a $25M corporate venture platform for animal health; Anterra Capital reaches $100M first close on Fund III; Ardian and Societe Generale launch a 100M euro nature-based solutions fund
Product: Intelinair launches AGMRI AI Agent for agronomic queries; OneSoil launches AI Agronomist serving 1.16 million users across 70 million hectares
Crop Science: FMC and Corteva sign supply and license deal for rimisoxafen, the industry's first dual mode-of-action herbicide, with a $200M prepurchase from Corteva
Policy: EU Parliament adopts new gene-editing rules splitting plants into NGT-1 and NGT-2 categories; USDA opens $125M Research Facilities Act applications
Carbon & Research: eAgronom sells 29,000 Verra-certified soil carbon credits for 1.46M euros; Kiss the Ground study shows regenerative ag awareness nearly doubled among US adults in a year
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