A 100-year-old crop giant is cutting itself in half — and the new seed company says wheat alone is a $1 billion business waiting to happen.

Corteva's board approved the separation of its seed unit into a new independent company, Vylor, clearing an October 1 split into two publicly traded agriculture firms. Vylor says its hybrid wheat platform remains on track for a 2027 launch, projecting $500 million in North America wheat revenue by 2035 and $1 billion by 2040, with next-generation soybean traits targeting another $500 million on the same timeline. Days later, BASF mandated Citi, Deutsche Bank, Goldman Sachs and J.P. Morgan for a mid-2027 IPO of its Agricultural Solutions unit — two of the industry's biggest players betting focus beats scale.

Also this week: Greenly and Normative merged into what they call the world's largest carbon-accounting software provider; Crane Company agreed to buy Trillium Pumps US for $240 million; Mazama Energy raised $135 million for engineered geothermal; IDEXX Laboratories acquired veterinary AI startup CoVetAI, with co-founder Yannick Bloem staying on; NextEra Energy and Dominion Energy pledged 1,000 Virginia jobs and a Richmond co-headquarters tower to win regulators; Robigo closed a Series A led by Leaps by Bayer; Branch Energy raised $33 million; BFG Supply Co. set an auction date after its August Chapter 11; Hitachi Energy committed $528 million to a transformer plant in Gallman, Mississippi; ENGIE North America will supply 500-plus megawatts to Oracle's Texas data centers; and CrossBoundary Energy's 233 megawatt Kamoa solar-plus-storage project in the DRC reached full commercial operation 16 months after signing.

Want the full deal-by-deal breakdown? Our premium edition, Thin Harvest, tracks August's sharp cooldown: $670 million across 25 funding actions, down roughly 65% from July's $1.89 billion, with debt facilities and government programs carrying most of the capital.

In this episode:
(00:00) Cold Open
(00:27) The Impact Scorecard
(01:31) Corporate and Financial Shifts
(04:48) Innovation and Public Strategy
(06:01) Market Signals and Operations
(09:18) Close

Connect with Us!

Be sure to subscribe to our other shows:
Vertical Farming Podcast: https://vertical-farming-podcast.captivate.fm/listen
Greenhouse Success Stories: https://greenhouse-success-stories.captivate.fm/listen
AgTech Digest: https://agtech-digest.captivate.fm/listen

Subscribe to our Newsletters:
https://network.igrownews.com/

Connect with us:
LinkedIn: https://www.linkedin.com/company/igrow-news/
Instagram: https://www.instagram.com/igrownews

🎙️🎙️🎙️
Podcast Production Support provided by https://fullcast.co
Discover the best podcast services in the world at The Podosphere: https://www.thepodosphere.com/