Nexus W2V Raises $140m in Infrastructure Funding Surge
Deal News | Dec 12, 2024 | Ag News
The latest developments in the AgriFoodTech sector feature a range of significant funding activities. Nexus W2V, a prominent developer in the waste-to-value infrastructure field, secured a total of $140 million in investments. The funding includes a $75 million structured equity commitment from Orion Infrastructure Capital, additional investments from Nexus Holdings and Khasma Capital, and debt financing from Ameris Bank. This investment occurs amidst changing US waste-management legislation. Meanwhile, in India, Haber, a company specializing in industrial robotics, raised $44 million in a Series C funding round. Additionally, Planet A Foods, a German food tech company, secured $30 million in a Series B funding to oversee the expansion of its cocoa-free chocolate production across Europe, the US, and Asia. These developments indicate an ongoing interest and investment in advancing technology and sustainability in food production and waste management.
Sectors
- Agricultural Technology
- Food Technology
- Infrastructure Investment
Geography
- United States – The focus country where Nexus W2V is developing waste-to-value infrastructure projects in light of evolving legislation.
- India – Where Haber, the industrial robotics maker, is based and recently raised significant funding.
- Germany – Home to Planet A Foods, which is receiving funding to expand its cocoa-free chocolate production.
Industry
- Agricultural Technology – Relates to technological advances in agriculture such as waste-to-value infrastructure and robotics in farming.
- Food Technology – Involves developments related to food processing and sustainable food alternative innovations such as cocoa-free chocolate.
- Infrastructure Investment – Concerns the financial commitment to develop infrastructure projects, evident from the investments in waste-to-value project developments.
Financials
- $140 million – Total funding raised by Nexus W2V.
- $75 million – Structured equity commitment from Orion Infrastructure Capital to Nexus W2V.
- $44 million – Series C funding round closed by Haber.
- $30 million – Series B funding raised by Planet A Foods.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nexus W2V | Target company | Company | Developer of waste-to-value infrastructure projects. |
| Orion Infrastructure Capital | Investor | Company | Provided a $75 million structured equity commitment to Nexus W2V. |
| Nexus Holdings | Investor | Company | Participated in the investment round for Nexus W2V. |
| Khasma Capital | Investor | Company | Invested alongside Nexus Holdings in Nexus W2V. |
| Ameris Bank | Debt Financier | Company | Provided debt financing to Nexus W2V. |
| Haber | Target company | Company | Indian industrial robotics maker that closed a $44 million Series C funding round. |
| Planet A Foods | Target company | Company | German food tech company focusing on cocoa-free chocolate. |
| Celleste Bio | Other | Company | Cocoa-tech startup that recently received investment from Mondelez. |
| Syngenta and Enko | Other | Company | Collaborating on AI-driven sustainable weed control solutions. |