Tag: latin america

Brief: Mexico’s Jüsto acquires Peruvian counterpart Freshmart

October 20, 2021

Freshmart was founded in 2016 and claims to have an 18-20% share of the online food market in Peru.

Nitrogen fixer Andes scores $15m from Bayer, Wilbur-Ellis to move into carbon capture

September 14, 2021

Andes has developed a seed treatment that enhances crops’ nitrogen-fixing capabilities, reducing reliance on synthetic fertilizers. It’s eyeing carbon next.

EXCLUSIVE: ZoomAgri raises $3.3m for ‘vision-as-a-service’ food inspection tech

August 25, 2021

It aims to take the manual labor out of the ag commodities inspection process using computer vision, machine learning, and IoT.

EXCLUSIVE: Microsoft, Rabobank announce first round of carbon credits with agroforestry startup reNature

August 19, 2021

ReNature worked with a Brazilian farmer cooperative to generate the credits in partnership with Rabobank’s carbon marketplace, Acorn – with Microsoft the buyer.

Brief: NotCo bags $235m funding to enhance its discovery AI for plant-based protein

July 26, 2021

The Chilean startup said the round – which also saw participation from sports stars Roger Federer and Lewis Hamilton – values it at $1.5 billion.

EXCLUSIVE: Brazilian farm management platform Aegro scores seed funding, eyes fintech opportunity

July 9, 2021

The Porto Alegre-based startup secured funding from SP Ventures, ABSeed, and SLC Agrícola, among others.

EXCLUSIVE: Brazilian freight & fintech startup GoFlux scores funding

June 17, 2021

GoFlux joins the growing number of startups that are streamlining antiquated aspects of the agricultural supply chain using digital technologies.

EXCLUSIVE: Brazilian ag AI startup Adroit Robotics raises seed funding

May 26, 2021

Its LeafSense tech is being used by growers to optimize the productivity of citrus orchards – and coffee and avocados could be next.

UPDATED: ProducePay scores $43m Series C funding from VCs, development banks

May 21, 2021

The Los Angeles-based startup will use the capital to expand its presence in Latin American markets, while also building out its tech and sales capabilities.

In a first for agtech, Solinftec secures $27m climate bond funding

May 17, 2021

The Brazilian startup said it will use the funds to develop precision ag technologies “with a focus on mitigation, adaptation, and resilience to climate change.”

EXCLUSIVE: Brazil’s Agrolend raises $1.6m seed funding for farmer fintech solution

April 21, 2021

Agrolend is aiming to offer better financing options for Brazilian farmers who have faced challenges like depreciation of the country’s currency.

A partnership with purpose

March 22, 2021

PepsiCo and the IDB are launching the Next Generation Agriculture Fund to promote the inclusion of women in agriculture across Latin America.

Brazil’s SP Ventures looks north to back Canadian machinery manager Verge Ag

March 11, 2021

The Canadian startup aims to help farmers optimize equipment usage so they can squeeze more profitability out of their machinery.

‘Wine-ification of coffee’ startup Demetria comes out of stealth with $3m seed funding

March 2, 2021

Demetria is replacing the antiquated coffee quality assessment process by using AI and near-infrared technology to scan beans before they’re brewed.

Brazil’s KPTL invests in poultry management platform Agrisolus

March 2, 2021

Agrisolus captures real-time data about a variety of metrics to optimize poultry production and prevent disease in the flock.

Young pod of soybean plant in an agricultural field against the light. Soybean seeds in a pod on a growing plant. Soybean crops.

Argentine ag blockchain platform ucrop.it raises seed funding

February 17, 2021

The Buenos Aires-based startup helps commodities buyers to find growers that use certain sustainability practices – while getting growers a better price for their efforts.

Why AgFunder invested in Jüsto

February 11, 2021

The Mexican e-grocer announced its $65m Series A led by General Atlantic this week, the biggest Series A round in Latin America for a decade.

Magda, Sao Paulo, Brazil - March 08, 2006: Three cowboys riding on horse is herding a group of Nelore cattle on a field in a cattle farm in Magda, county of Sao Paulo

Brazilian blockchain startup Ecotrace gets funding for traceability tech

January 15, 2021

The São Paulo startup began by applying its traceability tech to Brazilian beef, and has since expanded into tracking poultry and cotton through the supply chain.

EXCLUSIVE: SP Ventures gets bullish on livestock tech with second close of LatAm fund

December 22, 2020

The Brazilian firm’s AgVentures II fund now exceeds $25 million, with animal nutrition company Adisseo and US miner Mosaic leading the latest raise.

Orbia launches $130m venture fund, injects $3m into plant health startup SeeTree

November 25, 2020

Orbia Ventures will target Series A and B deals with a $1 million to $6 million check size, focusing on startups that are strategically aligned with its Mexican parent company.