Iowa Farm Coop Landus Launches Tech Startup Aimed at Growers [BNN Bloomberg (Canada)]
Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
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Source: BNN Bloomberg
The new venture, Conduit, will offer 0% financing to qualified borrowers on all in-season purchases of farm inputs, according to Landus. It also will make financing available in some states for land, input and equipment loans. The launch of Conduit comes at a difficult time for some digital startups in the $1.5 trillion US agricultural industry. While just a few years earlier, some of them were attracting investors and being hailed as disruptors, more recently, fresh funding has been harder to come by. Still, Landus has the backing of Amol Deshpande, the co-founder and ex-chief executive officer of farm-tech startup Farmers Business Network, and a former partner at Kleiner Perkins who led the venture capital firm's early investment in Beyond Meat Inc. He plans to invest an undisclosed amount in Conduit through his family office, and serve as an adviser to the new company, Deshpande said in an interview. “Some growers are extremely comfortable with technology innovation. Others
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BYND
Earnings
- 5/8/24 - Miss
BYND
Sec Filings
- 5/16/24 - Form 4
- 5/16/24 - Form 4
- 5/10/24 - Form S-8
- BYND's page on the SEC website