Date of Investment: May 2017


AeroFarms is the world leader in indoor vertical farming, growing plants aeroponically under LED lighting. The Company is both a food producer and a technology capabilities company, with a strong focus on data collection, optimisation and machine learning. A roll out of production plants in both the US and overseas is planned, leveraging IP and generating licence fees and royalties as well as product sales. The company currently operates one full scale farm in Newark, New Jersey and plans additional US sites in 2018.

Press Release
Date of Investment: October 2017


Innoliva is one of the world’s leading olive oil producers, both in terms of quality and volume. The Company is based in Spain and operates more than 5,500 hectares of Super High-Density (SHD) olive groves in Spain and Portugal. This method of growing olives allows the Company to be one of the lowest-cost producers of Extra Virgin Olive Oil (EVOO) in the world, an achievement made possible by its pioneering development of SHD groves with 2,000 trees per hectare. High tree densities allow efficient mechanised harvesting and rapid processing of the picked olives which can be pressed in less than 3 hours from harvesting – something only made possible through the Company owning its own processing facility. These factors allow the Company to produce large quantities of low acidity EVOO consistently, which is sold to EVOO bottlers who pay a premium for Innoliva’s high quality product.

Press Release
Date of Investment: December 2017


Currently, 80% of the world’s almonds are grown in California, where there are growing demands for water, with strong competition from the wine industry. Australia offers ideal climatic conditions for almonds and a sophisticated and mature water trading market. In late December 2017, the Cibus funds completed the acquisition of 430 hectares of productive almond orchards near Lake Powell in Victoria, close to the border with New South Wales in Australia. This was an asset purchase of a fully mature orchard and forms a base from which to develop a full-scale almond business. A management team with considerable almond experience has been installed locally. In August 2018, a further 560 hectares of land ideal for almonds has been acquired and further greenfield developments are being sought, with a target of 1500 hectares. All aspects of the Lake Powell orchard are being reviewed, with the aim to make it and future acquisitions at the leading edge of almond growing.

Press Release
Date of Investment: April 2018


Rootility develops and uses innovative root-focused plant breeding methods to dramatically increase crop yields and overall agronomic performance, while preserving crop quality. They use GMO-free processes, based on sophisticated simulation and empirical work, in combination with well-known breeding techniques, which enable them to screen crops at a large scale and high speeds. They focus on roots as drivers of tolerance to environmental changes disease resistance and performance improvement. Rootility have a distinct advantage in bringing better products to market in a more cost-effective way. Rootility has successfully applied its technology to a number of crops in different regions across the globe.

Press Release
Date of Investment: August 2018


Insects are amongst the most efficient protein converters. Our oceans are overfished and 37% of fish caught are used to make fish meal used to feed farmed fish. This situation is unsustainable and consequently the rewards to find alternatives are potentially enormous. Enterra manufactures and markets sustainable insect-based feed ingredients, backed by strong technical expertise and a commitment to quality and customer service. Black Soldier Fly (BSF) larvae are voracious eaters as they need to store enough energy to sustain the entire adult stage of their lifecycle. Enterra feeds pre-consumer waste from the corn syrup industry to BSF larvae under controlled conditions. These insects rapidly transform this waste into protein and fat. After a 14-day feeding cycle, the larvae are harvested and processed into sustainable animal feed ingredients. The larvae also produce as a by-product, an organic natural fertilizer that is rich in nutrients and beneficial microbes.

Press Release
Date of Investment: December 2018


Founded in 2013 with a mission to increase the availability of healthy, sustainable and high-quality food products, Mycotechnology has developed an innovative food processing platform that utilises fungi to transform agricultural material into functional ingredients to address the biggest challenges in the food and beverage industry. The company’s first product, ClearTaste, a natural ‘bitter blocker’ originally seen as primarily allowing the reduction of sugar in drinks and foods, is now seeing considerable demand as a method for also reducing salt content. It works well when combined with potassium chloride to replace sodium chloride in foods. PureTaste, is the company’s high-quality complete protein fermented from shitake mushroom mycelium for use as a meat replacement, meat extender and as a high-quality nutritional protein.

Press Release
Date of Investment: May 2019


Moleaer™ (Latin for tiny air) develops industrial scale nanobubble generators to enhance a wide range of processes, enabling farmers to grow more food, oil and mining companies to recover more valuable resources, and industries to treat water using less energy and chemicals. We strive to help customers increase productivity more responsibly as part of the WEF nexus, the global interconnection of Water, Energy, and Food. As the world population approaches 8 billion, increasing demands for basic services and growing desires for higher living standards will pressure each of these vital areas.

Press Release
Date of Investment: September 2019


Founded in 2012, M2i is a French industrial group, expert in the design, formulation and production of complex molecules. Thanks to its facilities spread across France, including its research laboratory in Lacq, combined with its production plant based in Salin de Giraud and its manufacturing centre in Parnac, M2i has developed its own expertise in pheromones for the biological protection of crops and animal welfare. The company designs, manufactures and markets natural products capable of replacing traditional pesticides. In this capacity, it has received the 2015 Corporate & Environment Award from the French Ministry of Ecology and Sustainable Development, the 2015 Green Chemistry Award, the 2016 RMC SME Trophy and the 2017 European Business Award for Environment from the European Commission, as well as the Pierre Potier Prize for chemistry in favour of sustainable development, amongst others. In 2018, Les Echos and KPMG selected M2i amongst the top 120 rising stars of tomorrow’s French economy. future flagships of the French economy.

M2i employs 150 people, including more than a quarter in R&D, and holds 19 patent families protecting its technology and innovative product lines.

Press Release
Date of Investment: September 2019


ADM Capital’s Cibus Fund acquired the majority of HHP’s UK and all its Portuguese berry growing operations. These consist of 26 Ha of Glasshouses and 130 Ha of polytunnels in the UK and 70 Ha of established polytunnels in Portugal The business acquired, renamed The Summer Berry Company (“TSBCo”), currently supplies Strawberries, Raspberries and Blueberries to all the UK’s main retailers. From Portugal, a range of European retails are supplied. ADM Capital believes that TSBCo has substantial scope for expansion and is looking to make further investment to achieve this.

Press Release