Agronomics Lifts Stake as Liberation Bioindustries Closes First Tranche of Series A1 Funding

An update from Agronomics ( (GB:ANIC) ) is now available.

Agronomics has strengthened its position in precision fermentation by announcing that portfolio company Liberation Bioindustries has closed the first tranche of its Series A1 equity round, supporting the completion of a 600,000-litre commercial-scale biomanufacturing facility in the US. The plant will produce bio-based proteins and other food ingredients for consumer goods and industrial manufacturers, underpinned by recent partnerships with Vivici to produce dairy protein Vivitein BLG at commercial volumes and with NEOM’s food company Topian to co-develop a fermentation facility in Saudi Arabia. As part of the round, Agronomics has converted all its convertible loan notes into Series A1 shares, increasing its holding from 6,834,147 to 16,538,437 shares, and now carries its total US$27 million investment in Liberation Bioindustries at US$46.8 million, equivalent to about 23% of its last reported net asset value; an affiliate, New Agrarian Company, will also invest US$2.5 million, underscoring Agronomics’ conviction that Liberation’s infrastructure will be a key asset in reshaping ingredient production and bolstering food and supply-chain security.

The most recent analyst rating on (GB:ANIC) stock is a Buy with a £15.90 price target. To see the full list of analyst forecasts on Agronomics stock, see the GB:ANIC Stock Forecast page.

Spark’s Take on GB:ANIC Stock

According to Spark, TipRanks’ AI Analyst, GB:ANIC is a Neutral.

Agronomics Limited faces significant financial challenges, with erratic income and negative cash flows weighing heavily on its score. However, a strong balance sheet and promising corporate events, such as strategic partnerships and innovations in sustainable food, provide some hope. Weak technical signals and poor valuation further suppress the overall score, indicating an uphill battle for stronger investment appeal.

To see Spark’s full report on GB:ANIC stock, click here.

More about Agronomics

Agronomics Limited is a London-listed investment company focused on cellular agriculture, backing more than 20 businesses developing food and materials traditionally derived from animals. Its portfolio targets technologies that enhance sustainability, human health and global food security, with a particular emphasis on “clean food” and bio-based ingredients produced through advanced biomanufacturing methods.

Average Trading Volume: 1,948,522

Technical Sentiment Signal: Sell

Current Market Cap: £71.11M

For detailed information about ANIC stock, go to TipRanks’ Stock Analysis page.