Wilbur-Ellis Co. v. Kuther

Talus Renewables Announces $22 Million Raised in Series A Financing

Retrieved on: 
Jeudi, novembre 2, 2023

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- Talus Renewables ("Talus"), a renewable energy infrastructure company and creator of the first modular green ammonia system deployed commercially, announced its $22 million Series A financing co-led by Material Impact and Xora Innovation, a deep tech early-stage investment platform of Temasek; joined by Cavallo Ventures, the VC arm of Wilbur-Ellis, and Rice Investment Group.

Key Points: 
  • Talus will deliver multiple talusOne (up to 1.4 tonnes of green ammonia daily) and talusTen (up to 20 tonnes) systems beginning later this year in US and European markets.
  • "We are gratified by our investors' confidence in our ability to provide a more sustainable, cost-effective, and secure path forward for critical industries," said Hiro Iwanaga, Co-Founder and CEO of Talus Renewables.
  • "The promise of rapidly deployable, modular, autonomous green ammonia systems will extend far beyond agriculture to industrial and renewable energy applications."
  • "We're excited that Talus is helping transform our industry into a cleaner, more sustainable enterprise," said Brett Morris, Managing Director at Cavallo Ventures.

Talus Renewables Announces $22 Million Raised in Series A Financing

Retrieved on: 
Jeudi, novembre 2, 2023

NEW YORK, Nov. 2, 2023 /PRNewswire/ -- Talus Renewables ("Talus"), a renewable energy infrastructure company and creator of the first modular green ammonia system deployed commercially, announced its $22 million Series A financing co-led by Material Impact and Xora Innovation, a deep tech early-stage investment platform of Temasek; joined by Cavallo Ventures, the VC arm of Wilbur-Ellis, and Rice Investment Group.

Key Points: 
  • Talus will deliver multiple talusOne (up to 1.4 tonnes of green ammonia daily) and talusTen (up to 20 tonnes) systems beginning later this year in US and European markets.
  • "We are gratified by our investors' confidence in our ability to provide a more sustainable, cost-effective, and secure path forward for critical industries," said Hiro Iwanaga, Co-Founder and CEO of Talus Renewables.
  • "The promise of rapidly deployable, modular, autonomous green ammonia systems will extend far beyond agriculture to industrial and renewable energy applications."
  • "We're excited that Talus is helping transform our industry into a cleaner, more sustainable enterprise," said Brett Morris, Managing Director at Cavallo Ventures.

Where's the Next Breakthrough in Agriculture Coming From?

Retrieved on: 
Mardi, octobre 24, 2023

SAN FRANCISCO, Oct. 24, 2023 /PRNewswire/ -- Where is the next breakthrough in agriculture coming from?

Key Points: 
  • SAN FRANCISCO, Oct. 24, 2023 /PRNewswire/ -- Where is the next breakthrough in agriculture coming from?
  • The answer could be from the students who participated in the 2023 Wilbur-Ellis Innovation Award .
  • "The Innovation Award was launched as part of the company's 100th anniversary celebration in 2021.
  • Congratulations to all the Innovation Award winners … your creativity is an inspiration for everyone who cares about the future of agriculture!

Wilbur-Ellis Announces Student Teams Honored in the Second Annual Wilbur-Ellis Innovation Award

Retrieved on: 
Jeudi, septembre 28, 2023

SAN FRANCISCO, Sept. 28, 2023 /PRNewswire/ -- In the second year for the Wilbur-Ellis Innovation Award, the company congratulates five student teams from universities around the country for their innovative ideas about feeding a growing world population.

Key Points: 
  • SAN FRANCISCO, Sept. 28, 2023 /PRNewswire/ -- In the second year for the Wilbur-Ellis Innovation Award, the company congratulates five student teams from universities around the country for their innovative ideas about feeding a growing world population.
  • Last year, another KSU team also took the top Innovation Award honor.
  • To learn more about the Innovation Award and this year's winners, visit https://www.wilburellis.com/innovation-award/ .
  • The Wilbur-Ellis Innovation Award was launched as part of the company's 100th anniversary celebration in 2021.

AeroFarms Emerges Fully Funded from Chapter 11

Retrieved on: 
Lundi, septembre 18, 2023

AeroFarms’ emergence from Chapter 11 includes the approval from the bankruptcy court for its Asset Purchase Agreement (“APA”) with a group of existing investors, led by Grosvenor Food & AgTech (GFA), including an expanded relationship with Doha Venture Capital.

Key Points: 
  • AeroFarms’ emergence from Chapter 11 includes the approval from the bankruptcy court for its Asset Purchase Agreement (“APA”) with a group of existing investors, led by Grosvenor Food & AgTech (GFA), including an expanded relationship with Doha Venture Capital.
  • This restructuring substantially strengthens AeroFarms’ balance sheet, injecting the necessary funds to reach profitability at the flagship operation in Danville, Virginia.
  • “This marks a new chapter in the maturity and growth of AeroFarms,” stated Stephan Dolezalek, Managing Partner, Grosvenor Food & AgTech (GFA).
  • The Company will continue to provide regular updates as specific elements of its strategic plan and Chapter 11 filing meet targeted milestones.

Wilbur-Ellis CEO John Buckley Leads Crop Agriculture Business, As Focus Intensifies on North America Ag and Food Markets, and Ag President Mark Ripato Prepares to Retire

Retrieved on: 
Lundi, août 14, 2023

"Wilbur-Ellis is focusing all of our time, resources and investment toward serving customers at the start of the North American agriculture and food system," Buckley said.

Key Points: 
  • "Wilbur-Ellis is focusing all of our time, resources and investment toward serving customers at the start of the North American agriculture and food system," Buckley said.
  • Buckley continued: "For over 100 years, Wilbur-Ellis has been providing sustainable solutions to help our customers be more successful.
  • Until the end of 2023, Mark Ripato will serve as an advisor to Buckley and others in the company.
  • "Mark is recognized both in Wilbur-Ellis and throughout the agriculture industry for his expertise, passion and extraordinary leadership," Buckley said.

Wilbur-Ellis Invests Millions in Wolsey, South Dakota, to Better Serve Customers

Retrieved on: 
Mercredi, août 2, 2023

AURORA, Colo., Aug. 2, 2023 /PRNewswire/ -- Wilbur-Ellis is poised for growth in South Dakota with the purchase of an 8.3-million-gallon liquid fertilizer distribution facility in Wolsey, South Dakota.

Key Points: 
  • AURORA, Colo., Aug. 2, 2023 /PRNewswire/ -- Wilbur-Ellis is poised for growth in South Dakota with the purchase of an 8.3-million-gallon liquid fertilizer distribution facility in Wolsey, South Dakota.
  • "This is one of many projects we've been working on in South Dakota as we expand our operations across the state.
  • The Wolsey liquid fertilizer distribution facility allows Wilbur-Ellis to increase its service offerings in the region, giving customers reliable, stable, and high-performing options for their liquid nutrition needs.
  • Wilbur-Ellis will continue to make considerable investments in the business with multiple planned upgrade phases that create additional efficiencies for growers.

FIRST 'FARM OF THE FUTURE' SUMMIT HELD IN SONOMA COUNTY

Retrieved on: 
Mardi, juillet 25, 2023

SANTA ROSA, Calif. , July 25, 2023 /PRNewswire/ -- In recognition that climate impacts and marketplace dynamics are becoming more frequent and extreme for farmers, the Sonoma County Winegrowers invited experts from some of the country's most iconic and innovative companies to gather in Sonoma County last week for its inaugural Farm of the Future Summit. These leaders answered a call to action to collaborate with farmers in Sonoma County to ensure the future of agriculture. They convened to plan, identify challenges and discuss potential collaborations and pilot projects that will be tested throughout Sonoma County's certified sustainable vineyards. 

Key Points: 
  • These leaders answered a call to action to collaborate with farmers in Sonoma County to ensure the future of agriculture.
  • The summit, hosted by Sonoma Winegrowers and facilitated by a leading professor from the Wharton School of Business, provided ample proof that the county has become a global leader for sustainability and regenerative agriculture.
  • Sonoma County is now the first wine region to showcase this proof of concept in a living lab.
  • Partners and collaborators can leverage Sonoma County Winegrowers sustainability leadership and a network of climate stewards and forward-thinking change agents.

Guardian Agriculture, the first and only eVTOL with FAA approval to operate commercially, announces $20 million in Series A funding

Retrieved on: 
Mardi, juin 20, 2023

WOBURN, Mass., June 20, 2023 /PRNewswire/ -- Guardian Agriculture, the leading developer of electric Vertical Take-Off and Landing (eVTOL) systems for commercial-scale sustainable farming – and the first and only eVTOL company with FAA approval to operate commercially nationwide – today announced a Series A fundraise of $20 million. Led by Fall Line Capital, this round will support expansion of commercial operations across farms nationwide and accelerate the ramp-up of large-scale manufacturing of its SC1 aircraft.

Key Points: 
  • Guardian Agriculture, the first and only eVTOL with FAA approval, announces $20 million in Series A funding
    "Customers, investors, and regulators recognize that there's no better application of electric, fully-autonomous aircraft than in commercial farming," Guardian Agriculture Founder and CEO Adam Bercu said.
  • "We have taken a practical approach to building and deploying our technology that puts us well ahead of other eVTOL developers.
  • The Guardian SC1 platform – which already has more than $100 million in customer orders – is the only autonomous, electric, aerial crop protection system designed specifically for large-scale agriculture.
  • Guardian Agriculture will begin commercial operations in support of its Wilbur-Ellis customer in California this summer.

Guardian Agriculture's Aircraft Becomes First eVTOL Authorized to Operate in the U.S.

Retrieved on: 
Lundi, avril 24, 2023

WOBURN, Mass., April 24, 2023 /PRNewswire/ -- Guardian Agriculture, the leading developer of Electric Vertical Take-Off and Landing (eVTOL) systems for commercial-scale sustainable farming, today announced that it has received approval from the U.S. Federal Aviation Administration (FAA) to operate its aircraft nationwide. FAA approval makes Guardian Agriculture the first commercially authorized eVTOL in the U.S., allowing Guardian Agriculture to safely operate its systems across the country, and positioning it as a leader in the eVTOL space and the first to address the fast-growing agricultural use case.

Key Points: 
  • FAA approval makes Guardian Agriculture the first commercially authorized eVTOL in the U.S., allowing Guardian Agriculture to safely operate its systems across the country, and positioning it as a leader in the eVTOL space and the first to address the fast-growing agricultural use case.
  • "eVTOL powered crop protection is better for crops, better for the environment, and better for growers' bottom line," Guardian Agriculture Founder and CEO Adam Bercu said.
  • "With the recent approval from the FAA, Guardian Agriculture is uniquely positioned to change the face of farming for the better.
  • For the first time, we now have a reliable, cost-effective, and sustainable solution in the form of the Guardian SC1.