June Newsletter

🌟 On July 17, don’t miss 𝗕𝗿𝗶𝗱𝗴𝗶𝗻𝗴 𝗙𝗶𝗲𝗹𝗱𝘀: W𝗼𝗺𝗲𝗻 𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝗔𝗴𝗿𝗶𝗙𝗼𝗼𝗱𝗧𝗲𝗰𝗵 𝗔𝗰𝗿𝗼𝘀𝘀 𝗟𝗮𝘁𝗔𝗺, 𝗳𝗲𝗮𝘁𝘂𝗿𝗶𝗻𝗴:⁣

• 𝗣𝗶𝗹𝘂 𝗚𝗶𝗿𝗮𝘂𝗱𝗼 – Co-founder of Mujeres Rurales and a leader in agricultural policy and sustainability⁣
• 𝗘𝗹𝗶𝘀𝗮 𝗕𝗲𝗿𝘁𝗶𝗻𝗶 – Co-founder of Puna Bio⁣
• 𝗩𝗮𝗻𝗲𝘀𝘀𝗮 𝗦𝗮𝗯𝗶𝗼𝗻𝗶 – Co-founder of Agromulher Clube⁣
• 𝗥𝗲𝗯𝗲𝗰𝗰𝗮 𝗔𝘇𝗮𝗼𝗹𝗮 – Co-founder of Blooms⁣

Four powerful voices redefining the future of agriculture in Latin America. How are they challenging the status quo and building new bridges between farming, innovation, and community?⁣

⁣Register for GLOCAL Game Changers and be part of the next generation of changemakers.⁣

🖇️ 𝗧𝗵𝗲 roundtable 𝗿𝗲𝗴𝗶𝘀𝘁𝗿𝗮𝘁𝗶𝗼𝗻 𝗹𝗶𝗻𝗸 𝘄𝗶𝗹𝗹 𝗯𝗲 𝗮𝘃𝗮𝗶𝗹𝗮𝗯𝗹𝗲 𝘀𝗼𝗼𝗻.

GLOCAL LATAM at World Agri-Tech South America Summit

Last week, GLOCAL LATAM participated in the World Agri-Tech South America Summit in São Paulo, a leading event for the region’s AgriFoodTech ecosystem. Partner & CFO Beatriz Ponce de León spoke on the panel “Driving AgTech Innovation: Unlocking Investment for Growth and Impact”, while Managing Partner Bernardo Milesy led a roundtable on “The Future of AgriFoodTech Investing.” Venture Partner Víctor Favaro also joined, engaging with founders and key industry players throughout the event.

💡 Beatriz shared the panel with Orlando Cintra (Founder and CEO of BR Angels), Flavio Zaclis (Founder of Barn), Tom Greene (Sr Director, Global Leader, Corteva Catalyst External Innovation Investment, R&D,) and Ariadne Caballero (Partner of SP venture). Just months ahead of COP30 in Belém, the panel discussed how South America can capitalize on global attention to attract increased investment in agtech, amid a challenging context marked by a general decline in funding. Key topics included the barriers to accessing capital, strategies to reduce risk for high-impact startups, and the agtech sectors with the greatest potential for growth and return. The session featured several startups, enabling a valuable exchange grounded in real-world experience.

Meanwhile, Bernardo participated in a roundtable where he shared insights from the Clean AgriFoodTech Playbook, sparking a critical conversation about the difficulties many companies face in securing a second round of financing, specifically between the seed stage and Series A.

📰Industry Highlights

🚨Brazil: Israel-Iran conflict causes urea prices to soar and paralyzes the fertilizer market

With the halt in nitrogen production in Iran and part of Egypt, the price of urea has risen by 26% in recent days

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🌐 Starlink & Highways Are Connecting More Farms – But 2/3 Still Lack Reliable Internet

Starlink and improved highways are boosting rural connectivity, but two-thirds of Brazilian farms still lack reliable internet access.
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🤝 Macron: A Mercosur-EU Deal Could Happen by Year-End if Ag Standards Align

Macron stated that differences in agricultural regulation remain the biggest hurdle and called for safeguard clauses to protect the interests of EU farmers.
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🌾Bunge manages to close the purchase of Viterra

After two years of waiting and approval in some 40 countries, Bunge received final approval from China and is poised to complete its $18 billion acquisition of Viterra on July 2.

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📊With “agro bankers” in the field, Creditares prepares its own FIDC of R$ 100 million to scale rural credit

Agfintech, which has already approved R$1 billion in limits and released R$150 million since 2022, is seeking its own funding to expand its presence in the market. The company is also expected to open a new round of fundraising

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🌱 AAPRESID Launches New Certification for Regenerative Agriculture

AAPRESID has introduced a new certification for producers practicing regenerative agriculture, enabling them to validate their methods.

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🔎 Featured AgriFoodTech rounds

📰 Corteva leads Series A in Brazilian startup Symbiomics, marking its first local investment in AI-driven biologicals through its Catalyst platform. This was announced at the World Agritech Summit in Sao Paulo.

🤝Japanese company JICA becomes a partner of the Digital Bank. The digital bank’s Series C raised $56 million

🌎Softlintec closes a Series D round of R$300M to boost global Agro 4.0 leadership.

🚜 Spain’s Voltrac raises €2M to launch its autonomous tractor platform.

🤖 Coco Robotics, backed by Sam Altman, lands $80M in fresh funding.

🚀 Nordic Foodtech VC secures first close of its second fund at $45M – not chasing unicorns, but real impact.

💼 Portfolio

Auravant

Auravant and AgroSpray announced the launch of ScanDrop, a new extension now available within the Auravant platform. This tool allows for the quick, precise, and offline analysis of water-sensitive cards, thereby facilitating decision-making and improving the efficiency of agricultural spraying. The collaboration between both companies aims to drive digitalization and real impact in agriculture

ZoomAgri
ZoomAgri is working alongside Cervecería y Maltería Quilmes, applying its image recognition and artificial intelligence technology to the barley value chain. This initiative aims to optimize control and ensure the quality of key ingredients used in brewing their beers. It’s an example of how technology and agriculture unite to enhance quality in the sector.

GLOCAL LATAM Voices at MAIZAR

Several startups from the GLOCAL LATAM portfolio, including Circular, Eiwa, and ucrop.it, had a prominent participation in the recent MAIZAR congress. Nicolás Otamendi (Eiwa), Marcos Botta (ucrop.it), and Marcos Laffaye (COO and Co-founder of Circular), alongside Patricio Bavera (Operations Manager at Nesters Tech), presented on panels discussing the digitalization of the agricultural and corn value chains. They highlighted the role of technology in creating value for the sector. The presence of our companies at this key event underscores GLOCAL LATAM’s commitment to innovation and digital transformation in agriculture.

Puna Bio

Franco Martínez Levis, CEO of Puna Bio, was a speaker at the recent World Agri-Tech South America Summit, held in São Paulo on June 24 and 25. During his presentation, he shared key strategies on how to secure investment and achieve growth in challenging markets

Verqor

The agri-fintech company has taken an important step to bring its services even closer to producers. Thanks to a new partnership with IAUSA (an Agrochemical company focused on the agricultural sector of Michoacán, Jalisco, and Colima), it is now possible to apply for Verqor loans more quickly and conveniently, directly from IAUSA branch locations

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