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Simbe raises $50MM to expand automated shelf intelligence

- General News
Simbe, a leading provider of Store Intelligence solutions, today announced the closing of a $50 million Series C equity financing round led by Growth Equity at Goldman Sachs Alternatives, with participation from Eclipse and Valo Ventures and other existing investors.

The Rounds raises $24MM for sustainable, AI-driven last-mile delivery

- General News
The Rounds, an inventory management platform that delivers recurring grocery and household essentials in reusable packaging, today announced a $24 million Series B funding round led by Moderne Ventures, with participation from FJ Labs and existing investors, bringing its total funding to date to $66 million.

Waabi raises $200MM to launch driverless trucks in 2025

- General News
Waabi, a company pioneering generative AI for the physical world, today announced it has raised $200 million in an oversubscribed Series B round, led by Uber and Khosla Ventures.

Agrovision receives financing boost for expansion

- General News
Agrovision, known for its premium berries sold under The Fruitist and Big Skye brands, today announced a growth capital investment led by Los Angeles-based Aliment Capital, a global investment firm investing across the food value chain, health and nutrition, and the supply chain.

Chipotle doubles pledge to Cultivate Next fund to $100MM

- General News
Chipotle Mexican Grill today announced it is increasing its commitment to its Cultivate Next venture fund by $50 million, which brings the fund's total investment pool to $100 million.

Oishii raises $134MM for vertical farming expansion

- General News
Vertical farming leader Oishii announced the closing of $134 million in Series B funding from a diverse group of investors with deep expertise in food tech, sustainable agriculture, and automation.

ProducePay raises $38 million to accelerate growth

- General News
ProducePay, the agtech company recognized as one of Fast Company’s Most Innovative Companies and the World Economic Forum’s newest Unicorn Innovators for its transformational work strengthening the fresh produce supply chain, today announced $38 million in Series D financing.

Merchants Distributors, Lowes Foods parent gets financial boost

- General News
First Citizens Bank today announced that it served as syndication agent, joint lead arranger and joint bookrunner on a $400 million senior credit facility for Alex Lee Inc.

Farmland and the institutional investor

- Analysis
Microsoft czar Bill Gates has gotten attention for his purchases of farmland: some 275,000 acres (another figure gives 242,000 acres).

Silo secures $132MM to support food supply chain

- General News
Silo Technologies, the leading provider of modern technology solutions for the food supply chain, today announces $132 million in new capital.