This deal marks the first direct investment into an individual company by the Brazilian fund, which was structured in 2014.
It's a critical matter to prepare the next generation of farmers and give them the technology they want and need.
Global private equity group TPG has invested in Brazilian digital ag company Solinftec through its Alternative and Renewable Technologies growth equity platform TPG ART.
The country's first agtech program is sponsored by Raízen, Brazil’s largest producer of sugarcane ethanol and third-largest energy company, along with SP Ventures and NXTP Labs.
Many Brazilian farmers are struggling to stay in business because their working capital is disappearing, writes Ed Siatti.
Monsanto Growth Ventures has invested in Microsoft Ventures Brazil’s startup accelerator fund, which invests across digital technologies and will now target agriculture technology startups.
The Canadian ag big data company raised the funding from existing investors to extend the reach of its hardware and software business.
Strider, a decision support technology offering farmers a relatively simple data aggregation and pest management tool, brought on its first US customers at the end of last year.