Andes has developed a seed treatment that enhances crops’ nitrogen-fixing capabilities, reducing reliance on synthetic fertilizers. It’s eyeing carbon next.
ReNature worked with a Brazilian farmer cooperative to generate the credits in partnership with Rabobank’s carbon marketplace, Acorn – with Microsoft the buyer.
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.
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.”
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.
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.
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.
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