GLOCAL

Our Purpose is to promote the development of startups and innovation in companies and organizations which enable an improvement in worldwide nutrition through sustainable production systems. WHAT WE KNOW: The AgriFoodTech sector is completely different from any other. Tech penetration is one of the lowest in the industry and farmer’s willingness to adopt new tech tools cannot be seen as mass consumers in traditional markets. Startups trying to introduce their products in this industry will have to face many challenges, one being the strong seasonality that sometimes allows products to be validated only once a year. Secondly, many times there's no direct correlation between what the startup is offering and the results that can be achieved by it. A single rain, or the lack of it, can change the impact that a tech solution claims to have in a particular process. Thirdly, farmers have habits and ways of doing business that sometimes doesn't seem rational, they aren't willing to pay for services in certain ways despite it would be a no-brainer in any other type of consumer. Because of all the reasons above, investors also have to be much patient than in any other industry. WHAT WE DO: Glocal is the only accelerator focusing on the vertical in the region and because of that the only one with the understanding, network and tools to sort out these challenges. Glocal provides a program that is tailor-made for every startup and that aims to provide them with the tools, network and knowledge about the market that can help them scale their companies. We are at the epicenter of the agricultural region in LatinAmerica and as such all major multinational companies, top brokers and key institutions for the industry are located here. Most of them act not only as Glocal investors but also as mentors and are a gateway to a massive early adopters base. WE LOOK FOR STARTUPS THAT HAVE: - A working product or MVP that sets an innovation for the industry - Done proper validation with their key users - At least one team member with industry knowledge - Make good use of the captured data - A fully commited team - Potential to grow globally

Hernán Castro

CFO

21 past transactions

PunaBio

Series A in 2025
CKapur develops a biological product that specializes in the agricultural sector. It focuses on improving crop nutrition using extremophile microorganisms. It is located in Buenos Aires, Argentina.

PunaBio

Seed Round in 2024
CKapur develops a biological product that specializes in the agricultural sector. It focuses on improving crop nutrition using extremophile microorganisms. It is located in Buenos Aires, Argentina.

Verqor

Seed Round in 2023
Verqor is an innovative platform that transforms the agricultural sector by integrating finance and technology. It provides farmers with access to cashless credits, facilitating the purchase of essential supplies and machinery. By employing an alternative data-driven credit scoring system, Verqor aims to enhance financial inclusion within the agricultural community. The platform connects various stakeholders in the agriculture industry, including buyers, sellers, and financial institutions, promoting collaboration and transparency. Financial institutions can issue low-risk credits based on Verqor's unique credit assessment criteria, ensuring that farmers can acquire necessary resources while enabling crop buyers to access quality produce. This approach empowers farmers and strengthens supply chain management in the agriculture sector.

Done Properly

Debt Financing in 2023
Done Properly Company SpA is a food technology company based in Santiago, Chile, founded in 2017. It specializes in manufacturing vitamins and nutritional supplements, including probiotic drinks, protein powders, and food ingredients aimed at enhancing gastrointestinal health. The company focuses on developing innovative ingredients through fermentation technologies, catering to the food industry’s need for healthier and more sustainable products. By collaborating with consumer packaged goods companies and major global food corporations, Done Properly enables these partners to reformulate their offerings in line with emerging consumer trends for healthier and environmentally friendly options, all while maintaining the existing consumer experience.

B4Waste

Seed Round in 2022
B4Waste is a food waste management company that offers products close to expiration at attractive prices. The company provides a market area where customers may sell fruits, vegetables, dairy products, and other goods. Their goal is to turn food waste into an opportunity that will help everyone along the supply chain and create value.

PunaBio

Seed Round in 2022
CKapur develops a biological product that specializes in the agricultural sector. It focuses on improving crop nutrition using extremophile microorganisms. It is located in Buenos Aires, Argentina.

AgroSingularity

Funding Round in 2022
AgroSingularity is a foodtech and environmental impact company that produces plant-based products for the food and biotechnology industries. AgroSingularity enhances flavor, color, micronutrients, and other functionalities with natural and sustainable ingredients. AgroSingularity's ingredients are made from non-value-added products and by-products of plant origin, resulting in food production that is sustainable.

Ucrop.it

Seed Round in 2022
Ucrop.it operates a blockchain-based agricultural management platform designed to enhance transparency and accessibility between farmers and companies. The platform facilitates the monitoring of sustainable farming practices by enabling data governance and traceability, allowing stakeholders to effectively communicate and act upon sustainability achievements. This includes initiatives such as carbon footprint reduction and the transition to regenerative agriculture. By fostering collaboration, Ucrop.it provides farmers, program developers, and brands with the tools to verify and share their sustainability efforts, ensuring that these achievements are both real and traceable. Ultimately, the platform aims to promote sustainable agricultural practices on a global scale, benefiting millions of acres of farmland.

ZoomAgri

Series A in 2021
ZoomAgri is an agricultural technology company based in Buenos Aires, Argentina, that addresses challenges within the agricultural supply chain by providing innovative solutions for assessing the quality of agricultural commodities. The company has developed an online platform that utilizes computer vision, artificial intelligence, and machine learning to evaluate the physical quality and varietal purity of various grains and oilseeds, including corn, soybeans, wheat, and barley. Its key products include ZoomBarley and ZoomSpex, which enable real-time quality assessment before and after planting and harvesting. ZoomAgri’s solutions are utilized by a wide range of participants in the supply chain, including seed companies, farmers, grain handlers, exporters, grain processors, surveying firms, and laboratories, promoting objectivity, transparency, and traceability in the testing and certification process of agricultural products.

Ucrop.it

Seed Round in 2020
Ucrop.it operates a blockchain-based agricultural management platform designed to enhance transparency and accessibility between farmers and companies. The platform facilitates the monitoring of sustainable farming practices by enabling data governance and traceability, allowing stakeholders to effectively communicate and act upon sustainability achievements. This includes initiatives such as carbon footprint reduction and the transition to regenerative agriculture. By fostering collaboration, Ucrop.it provides farmers, program developers, and brands with the tools to verify and share their sustainability efforts, ensuring that these achievements are both real and traceable. Ultimately, the platform aims to promote sustainable agricultural practices on a global scale, benefiting millions of acres of farmland.

Simpleat

Seed Round in 2020
Simpleat is a meal delivery service company that provides healthy, nutritious, homemade meals ready in under 15 minutes right to the customers doorstep. The company delivers a superior selection of more than 100 available meals for the consumer to have in their freezer. The products are prepared with quick frozen technology and vacuum-packed techniques that make it possible to offer the convenience of frozen plus outstanding quality by bringing the freshness of the farm to the table. Customers discover a new easy way to eat fresher and healthier food as well as save time, money and reduce waste.

Nanotica

Seed Round in 2020
Nanotica is a technology-based startup that aims to create new products for the agricultural industry using nanotechnology structures. The company specializes in reducing the use of agrochemicals and develops nanocarriers and nanocapsules to increase the efficacy of agrochemicals and increase the yield of crops.

Circular

Seed Round in 2020
Circular is a Buenos Aires-based company that develops an application for order and documentation management, specifically designed for the transportation and logistics sector. The application facilitates the management of travel history, real-time fleet monitoring, and optimization of waiting times at ports. It also tracks truck flows to ports, addresses incidents through individual or group communication with truckers, and simplifies cargo dispatch procedures. By integrating the logistics process for cereals from end to end, Circular enhances coordination among truckers, transport coordinators, ports, and agricultural producers, addressing inefficiencies in cargo capacity usage. The application is accessible on Google Play, making it a valuable tool for stakeholders in the cereal logistics industry.

Rubikia

Seed Round in 2020
Rubikia is a company that focuses on the development of disruptive innovations for the FinTech industry. Immersed in the industry of knowledge, the company has detected the capital market as an immature environment, suitable for development in both technological and mathematical fields. That is why Rubikia is committed to generating exclusive methodologies and optimization models for the stock market. Its main objective is to provide the analyst with innovative technological tools and bet on solutions that can be customized according to the needs of its clients, as well as providing the necessary tools to enrich their development team. Rubikia provides the new generation of optimization services for financial activities, by applying a joint integration of Math-Computer-Electronics Science to achieve real-time maximizations.

ZoomAgri

Seed Round in 2020
ZoomAgri is an agricultural technology company based in Buenos Aires, Argentina, that addresses challenges within the agricultural supply chain by providing innovative solutions for assessing the quality of agricultural commodities. The company has developed an online platform that utilizes computer vision, artificial intelligence, and machine learning to evaluate the physical quality and varietal purity of various grains and oilseeds, including corn, soybeans, wheat, and barley. Its key products include ZoomBarley and ZoomSpex, which enable real-time quality assessment before and after planting and harvesting. ZoomAgri’s solutions are utilized by a wide range of participants in the supply chain, including seed companies, farmers, grain handlers, exporters, grain processors, surveying firms, and laboratories, promoting objectivity, transparency, and traceability in the testing and certification process of agricultural products.

ZoomAgri

Seed Round in 2019
ZoomAgri is an agricultural technology company based in Buenos Aires, Argentina, that addresses challenges within the agricultural supply chain by providing innovative solutions for assessing the quality of agricultural commodities. The company has developed an online platform that utilizes computer vision, artificial intelligence, and machine learning to evaluate the physical quality and varietal purity of various grains and oilseeds, including corn, soybeans, wheat, and barley. Its key products include ZoomBarley and ZoomSpex, which enable real-time quality assessment before and after planting and harvesting. ZoomAgri’s solutions are utilized by a wide range of participants in the supply chain, including seed companies, farmers, grain handlers, exporters, grain processors, surveying firms, and laboratories, promoting objectivity, transparency, and traceability in the testing and certification process of agricultural products.

EIWA

Seed Round in 2019
Eiwa specializes in providing advanced terrestrial and aerial systems designed for plant breeding programs and seed production. The company offers services including flights for colorimetric analysis and morphological detections, enabling users to conduct multiple flights throughout the growing season while uploading data to the cloud. Eiwa processes imagery and data to deliver analytics specifically for soybean, corn, and wheat. Founded in 2014, Eiwa is headquartered in Buenos Aires, Argentina, with additional offices in Londrina, Brazil, and Glen Mills, Pennsylvania. The company aims to facilitate digital transformation in the agricultural sector by combining technology, imagery, and data management to enhance field information accessibility and streamline product development cycles within the farm input ecosystem.

Kilimo

Seed Round in 2018
Kilimo is a company based in Cordoba, Argentina, founded in 2014, that specializes in Big Data solutions for water management in agriculture. It offers an irrigation management tool designed to enhance farm management and improve water use efficiency. By utilizing satellite and site-specific data, as well as soil testing, Kilimo provides tailored prescriptions for various crops. This approach allows farmers to optimize their irrigation practices, leading to increased yields while minimizing water usage.

Auravant

Series A in 2018
Auravant is a Buenos Aires-based company, founded in 2014, that enhances agricultural productivity through precision agriculture solutions. It provides decision support tools that utilize satellite and drone imagery for aerial monitoring and analysis. These tools assist farmers and agronomists in optimizing agricultural practices such as field zoning, variable rate sowing, fertilization, and crop monitoring. By leveraging advanced imagery technology, Auravant enables efficient use of seeds, fertilizers, herbicides, and other inputs, ultimately helping agricultural producers improve their yields and profitability.

Agrofy

Series A in 2018
Agrofy S.A. is an online retail platform based in Buenos Aires, Argentina, that facilitates transactions for agricultural products and machinery. Founded in 2015, the platform serves as a comprehensive marketplace for various agricultural needs, including machinery, inputs, infrastructure, tools, crops, cattle, insurance, loans, farmlands, jobs, and vehicles. By providing a centralized space for buying and selling, Agrofy aims to enhance efficiency and transparency within the agribusiness sector, enabling farmers to access the latest machinery and resources necessary for effective farming operations. The company is dedicated to boosting agribusiness on a global scale through its innovative online platform.

Auravant

Seed Round in 2017
Auravant is a Buenos Aires-based company, founded in 2014, that enhances agricultural productivity through precision agriculture solutions. It provides decision support tools that utilize satellite and drone imagery for aerial monitoring and analysis. These tools assist farmers and agronomists in optimizing agricultural practices such as field zoning, variable rate sowing, fertilization, and crop monitoring. By leveraging advanced imagery technology, Auravant enables efficient use of seeds, fertilizers, herbicides, and other inputs, ultimately helping agricultural producers improve their yields and profitability.
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