
Axereal
Stage
Growth Equity | AliveTotal Raised
$170.24MLast Raised
$170.24M | 6 yrs agoAbout Axereal
Axereal unites farming members around a common vision: to enhance and sustain agricultural production contributing to improving food supply quality. Axereal collects and sells grain as well as oilseed both domestically and internationally. A percentage of the grain is processed through its industrial plants into flour, malt and animal feed.
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Latest Axereal News
Jul 21, 2022
07/21/2022 | 04:59am EDT Message : *Required fields PARIS (Reuters) - This year's winter grain crops in France show excellent quality levels and yields within average but results are very heterogeneous, Axereal, one of France's largest grain cooperatives, said on Thursday. Grain production in France, the European Union's biggest grower, is expected to fall this year after harsh weather hurt crops in some areas. The harvest of winter grains, such as wheat, barley, rapeseed and durum, was about to end with nearly two weeks in advance, Axereal said. "The results at this stage are within a decent average and generally show very good quality, in line with the expectations of customers in our French and international sectors," Axereal Chairman Jean-Francois Loiseau said in a statement. Axereal pegged this year's grain yields within olympic averages, calculated while removing the high and low values. It did not give average levels per cereal. Soft wheat protein levels - a key quality requirement - were "satisfactory" at an average 11.9%, Axereal said. That was above crop institute Arvalis' projection at the start of July of an average protein level in France of 11.6%. Some spring crops, which mainly include maize (corn) and sunflower, could start being harvested nearly a month in advance, with the sunflower harvest expected to start at the end of August, Axereal said. (Reporting by Sybille de La Hamaide; editing by Jason Neely)
Axereal Frequently Asked Questions (FAQ)
Where is Axereal's headquarters?
Axereal's headquarters is located at 36, rue de la Manufacture, Olivet.
What is Axereal's latest funding round?
Axereal's latest funding round is Growth Equity.
How much did Axereal raise?
Axereal raised a total of $170.24M.
Who are the investors of Axereal?
Investors of Axereal include Temasek, Unigrains and Tereos.
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