Bioceres, the Argentinian ag biotech business, is set to list on the New York Stock Exchange (NYSE) early next year through a reverse listing with a company controlled by Uruguyuan presidential hopeful Juan Sartori.
Various organizations in the country are collaborating to make a concerted effort to promote Argentina's strengths in agtech and convened at last month's AgTech Week.
"Trying to be the "new Monsanto" or the "Amazon of Ag" does not work; copying what others have already done is not generally a recipe for disruption," argues Federico Trucco, CEO of Argentine agtech business Bioceres.
"Always prioritize building a great team and bringing on great partners," say Maximiliano Landrein and Alejandro Larosa, founders of the online agribusiness marketplace. "This is a long race and to have the right people on board is vital."
The government of President Mauricio Macri, who took office in 2015, is working hard to open up its markets and attract investment from overseas and the agriculture and venture capital industries are a key part of that policy.
After one year of testing, Monsanto is collaborating with hyper-local weather data provider Understory to optimize the company’s seed production operation in Argentina.
Agri-Tech East’s annual REAP conference will be held on 7 November in Hinxton, Cambridge.
The theme for 2017 is ‘Today’s Knowledge Meet’s Tomorrow’s Technology’, focusing on emerging agri-tech to secure a profitable and sustainable future.