Cargill

Cargill, established in 1865, is a privately held company based in the United States that operates internationally, producing and marketing a diverse range of food, agricultural, financial, and industrial products and services. Employing approximately 142,000 people across 67 countries, Cargill focuses on collaborating with customers to address various economic, environmental, and social challenges. The company leverages its scientific expertise and extensive research and development capabilities to enhance existing products, improve process efficiencies, and support innovative solutions. With a global team of over 1,300 specialists in research, development, applications, and technical services, Cargill offers a comprehensive spectrum of services, including technical support, intellectual asset management, and regulatory affairs, to generate distinctive value for its clients.

Hannah Bell

Finance Associate

Lisa Clemens

Senior Director, Investor Relations

David Maclennan

Chairman and Chief Executive Officer

Joe Ramaker

Vice President, Finance

Past deals in Food Processing

InnovaFeed

Series D in 2022
InnovaFeed SAS is a biotech company based in Evry, France, that specializes in producing insect-based meal and oil primarily for the aquaculture industry. Founded in 2015, the company rears Hermetia illucens, commonly known as black soldier flies, to create innovative products such as ProtiNova, a protein source; SaniNova, a natural oil; and FertiNova, nutrient-rich insect droppings. InnovaFeed's approach integrates insect rearing into the agri-food system, focusing on nutrient recycling to provide sustainable feed for fish, birds, and small mammals. As global demand for protein rises, InnovaFeed's operations aim to contribute to a more sustainable food system while supporting the development of high-quality aquaculture practices.

Multiexport Foods

Private Equity Round in 2022
Multiexport Foods S.A. provides seafood products in Chile and internationally. It offers Atlantic salmons, mussels, and salmon trout, as well as smoked products. The company was formerly known as Aquafarms SA and changed its name to Multiexport Foods S.A. in May 2007. Multiexport Foods S.A. was founded in 1983 and is based in Puerto Montt, Chile. Multiexport Foods S.A. is a subsidiary of Multiexport Dos S.A.

Wildtype

Series B in 2022
Wild Type, Inc. is a San Francisco-based company that produces meat, poultry, and seafood through cellular agriculture, eliminating the need for raising or slaughtering animals. Founded in 2016, Wild Type offers a sustainable alternative to traditional food sources, addressing critical issues such as climate change, food security, and public health. By leveraging advanced cellular agriculture technologies, the company aims to redefine how society sources healthy and delicious meat, contributing to a more sustainable food ecosystem.

Local Bounti

Post in 2021
Local Bounti is an agriculture company delivering herbs, vegetables, and other produce to service wholesale restaurant and grocer accounts. The perfect environmental greenhouse conditions ensure the highest possible nutritional value and taste, and we are non-GMO and pesticide/herbicide-free. Their sustainable, root-on, living products result in less environmental impacts, carbon footprint, and less waste. Local Bounti was founded in 2018 and is based in Hamilton, MT, USA.

Yuan Yao Nong Ye

Venture Round in 2021
Yuan Yao Nong Ye is a group of companies that mainly focuses on feeding raw materials in the agriculture and animal husbandry sector. It also has businesses in big data trade, biological fermentation, and industrial internet sectors.

Local Bounti

Debt Financing in 2021
Local Bounti is an agriculture company delivering herbs, vegetables, and other produce to service wholesale restaurant and grocer accounts. The perfect environmental greenhouse conditions ensure the highest possible nutritional value and taste, and we are non-GMO and pesticide/herbicide-free. Their sustainable, root-on, living products result in less environmental impacts, carbon footprint, and less waste. Local Bounti was founded in 2018 and is based in Hamilton, MT, USA.

Aleph Farms

Series B in 2021
Aleph Farms Limited, based in Ashdod, Israel, specializes in the production of clean meat through innovative cellular agriculture techniques. The company focuses on growing real beef steaks and other meat products directly from the cells of living cows, utilizing proprietary three-dimensional bioprinting technologies. This approach allows Aleph Farms to create lab-cultured meat products, including ground meat and beef burger patties, without the need for animal slaughter. As a leader in the sustainable food ecosystem, Aleph Farms aims to reshape the global meat market, which is valued at over $1 trillion. Co-founded with The Kitchen Hub and the Technion Institute of Technology, Aleph Farms has garnered significant investment to support its mission to provide clean and healthy alternatives to traditional meat products.

Bflike

Pre Seed Round in 2021
Bflike provides food and beverage services. That provides meat and fish products. An online inquiry form is available on the company's website.

Bushel

Series C in 2021
Bushel Inc. is a technology company based in Fargo, North Dakota, that specializes in developing software solutions for the agricultural sector, particularly for grain companies and growers. Founded in 2011, Bushel provides an automated mobile app platform designed for grain elevators and cooperatives, enabling them to connect with growers and deliver real-time information. The platform integrates with grain elevator accounting systems, allowing growers to access vital data such as contracts, scale tickets, cash bids, and market information directly on their mobile devices. This streamlined communication empowers growers to make informed decisions quickly, enhances their ability to track grain deliveries, and simplifies the management of contracts. By eliminating the reliance on paper slips and ensuring real-time updates, Bushel facilitates a more efficient and transparent business relationship between growers and grain facilities.

Glucovil

Acquisition in 2020
Glucovil Argentina S.A produces syrup, starch, edible oil, and animal feed. The company was founded in 1983 and is based in Buenos Aires, Argentina. As of May 29, 2018, Glucovil Argentina S.A operates as a subsidiary of Cargill, Incorporated.

Puris

Venture Round in 2019
Puris Proteins, LLC is a family-owned company dedicated to producing plant-based, non-GMO food ingredients for the food industry. Founded in 1985 in Oskaloosa, Iowa, and now headquartered in Minneapolis, Minnesota, Puris operates additional facilities in Randolph, Minnesota; Turtle Lake, Wisconsin; and Wilmington, Illinois. The company specializes in cultivating sustainable alternatives to GMOs and animal proteins, offering a range of vegan, gluten-free, dairy-free, and allergen-free products. Puris is the exclusive producer of PURIS pea protein, along with other ingredients derived from soy, pulses, lentils, and corn. Its offerings include protein powders, energy bars, and meat substitutes, all designed to combine flavor and texture with high protein content, serving as nutritious substitutes for traditional food items. Through a network of domestic growers and partners, Puris emphasizes a commitment to non-GMO natural breeding, ensuring quality and sustainability in its product line.

Aleph Farms

Series A in 2019
Aleph Farms Limited, based in Ashdod, Israel, specializes in the production of clean meat through innovative cellular agriculture techniques. The company focuses on growing real beef steaks and other meat products directly from the cells of living cows, utilizing proprietary three-dimensional bioprinting technologies. This approach allows Aleph Farms to create lab-cultured meat products, including ground meat and beef burger patties, without the need for animal slaughter. As a leader in the sustainable food ecosystem, Aleph Farms aims to reshape the global meat market, which is valued at over $1 trillion. Co-founded with The Kitchen Hub and the Technion Institute of Technology, Aleph Farms has garnered significant investment to support its mission to provide clean and healthy alternatives to traditional meat products.

Konspol Sp. z o.o.

Acquisition in 2018
Konspol Holding Sp. z o.o. produces and processes chicken and chicken products in Poland. The company provides include fresh chicken meat, sausages, pates, ready meals, grill products, and light and gluten free sausages. The company was founded in 1982 and is based in Nowy Sacz, Poland. As of January 4, 2019, Konspol Holding Sp. z o.o. operates as a subsidiary of Cargill PLC.

Puris

Series D in 2018
Puris Proteins, LLC is a family-owned company dedicated to producing plant-based, non-GMO food ingredients for the food industry. Founded in 1985 in Oskaloosa, Iowa, and now headquartered in Minneapolis, Minnesota, Puris operates additional facilities in Randolph, Minnesota; Turtle Lake, Wisconsin; and Wilmington, Illinois. The company specializes in cultivating sustainable alternatives to GMOs and animal proteins, offering a range of vegan, gluten-free, dairy-free, and allergen-free products. Puris is the exclusive producer of PURIS pea protein, along with other ingredients derived from soy, pulses, lentils, and corn. Its offerings include protein powders, energy bars, and meat substitutes, all designed to combine flavor and texture with high protein content, serving as nutritious substitutes for traditional food items. Through a network of domestic growers and partners, Puris emphasizes a commitment to non-GMO natural breeding, ensuring quality and sustainability in its product line.

Puris

Venture Round in 2018
Puris Proteins, LLC is a family-owned company dedicated to producing plant-based, non-GMO food ingredients for the food industry. Founded in 1985 in Oskaloosa, Iowa, and now headquartered in Minneapolis, Minnesota, Puris operates additional facilities in Randolph, Minnesota; Turtle Lake, Wisconsin; and Wilmington, Illinois. The company specializes in cultivating sustainable alternatives to GMOs and animal proteins, offering a range of vegan, gluten-free, dairy-free, and allergen-free products. Puris is the exclusive producer of PURIS pea protein, along with other ingredients derived from soy, pulses, lentils, and corn. Its offerings include protein powders, energy bars, and meat substitutes, all designed to combine flavor and texture with high protein content, serving as nutritious substitutes for traditional food items. Through a network of domestic growers and partners, Puris emphasizes a commitment to non-GMO natural breeding, ensuring quality and sustainability in its product line.

Pro-Pet llc

Acquisition in 2018
Pro-Pet, LLC manufactures pet food. It distributes its products worldwide. Pro-Pet, LLC was founded in 1996 and is based in Saint Marys, Ohio with additional offices in Kansas and Minnesota. As of February 20, 2018, Pro-Pet, LLC operates as a subsidiary of Cargill Animal Nutrition.

Diamond V

Acquisition in 2017
Diamond V is a global, research-focused, technology-driven company that develops and manufactures natural products to improve nutrition, health, and performance in food animal and companion animal species. Based in Cedar Rapids, Iowa, U.S.A., Diamond V applies unique competencies in world-class research, species expertise and proprietary microbial fermentation technologies to create profitable solutions for customers around the world.

Southern States Cooperative - Animal Feed Business

Acquisition in 2017
Southern States Cooperative - Animal Feed Business

Delacon Biotechnik

Corporate Round in 2017
Delacon Biotechnik produces plant-based phytogenic feed additives.

Five Star Custom Foods

Acquisition in 2016
Five Star Custom Foods, Ltd. is a Texas-based company that specializes in producing cooked protein products, soups, and sauces for customers in the United States, including restaurants and food processors. Founded in 1999 and headquartered in Fort Worth, the company manufactures a variety of offerings, including IQF meat crumbles such as pizza toppings, Italian sausage, and chorizo, as well as oven-cooked diced meats like diced beef and ham. Additionally, Five Star Custom Foods produces kettle-cooked items, including chili, taco meat, and enchilada sauces. The company also processes core ingredients for food service and manufacturing applications. It operates a production facility in Nashville, Tennessee, and functions as a subsidiary of Cargill, Incorporated.

Format International

Acquisition in 2015
Format International Ltd. develops and markets software solutions for feed management, optimization, formulation, and ingredient allocation in animal feed, aqua feed, pet food, human food, premix and similar industries. The company was founded in 1980 and is based in Woking, United Kingdom. As of December 14, 2015, Format International Ltd. operates as a subsidiary of Feed Management Systems, Inc.

Ewos

Acquisition in 2015
EWOS Group AS supplies feed and nutrition for the international aquaculture industry. It offers fish feed primarily for salmon and trout. EWOS Group AS was formerly known as Albain Midco Norway AS and changed its name to EWOS Group AS in November 2014. The company was founded in 2013 and is based in Bergen, Norway with operations in Canada, Chile, Norway, Scotland, and Vietnam. As of October 8, 2015, EWOS Group AS operates as a subsidiary of Cargill, Incorporated.