Sustainable Food & AgTech Market Update – March 2020

Nomura Greentech’s Sustainable Food & AgTech Monthly Market Update summarizes key announcements, M&A, and capital raising activity related to sustainable agriculture, while providing detailed trading metrics on public companies across the sector.

Key Takeaways:

• Bayer’s opening of its new $100mm automated greenhouse facility in Arizona demonstrates focus on sustainable agriculture by large incumbents
• DiMuto’s successful capital raise showcases increased investor interest in transparency throughout the agriculture supply chain, particularly given the recent COVID-19 crisis
• Foods United’s acquisition of LIVEKINDLY and its subsequent rebranding as The LIVEKINDLY Co demonstrates continued momentum in plant-based meat substitutes as consumers cut meat consumption on health, environmental or animal welfare grounds