SP Ventures

SP Ventures is a venture capital firm based in São Paulo, Brazil, founded in 2007. It primarily focuses on early-stage, technology-based startups in sectors such as agricultural technologies, information and communication technologies, health technologies, new materials, and nanotechnologies. The firm manages the Fundo de Inovação Paulista, a R$ 105 million venture capital fund established in 2014, which aims to support innovative companies in São Paulo, Brazil's key economic region. Investment amounts typically range from R$ 2 million to R$ 6 million per company, with the potential to reach R$ 15 million including follow-on investments. SP Ventures seeks passionate entrepreneurs with strong technical backgrounds and market-oriented approaches, targeting companies with proprietary technology, scalability potential, and annual revenues below R$ 18 million. The firm has a proven track record, having analyzed over 1,200 companies and made multiple investments through its earlier initiatives.

Rebecca Aguiar

Associate

Filipe Lobão de Almeida

Partner

Thiago Lobão de Almeida

Partner

Ariadne Caballero

Partner

Marcella Falcão

Associate

Gustavo Goldenberg

Associate

Francisco Jardim

Founding Partner and Managing Director

Felipe Romano

Associate

Bruno Santos

Director of Venture Debt

Patrick Schechtmann

Co-Founder and Partner

Alexandre Stephan

Partner

Past deals in AgTech

Frizata

Funding Round in 2023
Frizata is a digitally native brand specializing in the flexitarian frozen food market. The company focuses on producing and retailing frozen meals that aim to simplify daily food choices while promoting healthier eating habits. By utilizing artificial intelligence and cellular agriculture, Frizata manufactures environmentally friendly products. Their offerings include a variety of ready-to-eat meals, such as breaded chicken, fish, croquettes, pizzas, and veggie cutlets. This approach enables customers to access responsibly sourced food that is convenient to store and prepare.

Verqor

Seed Round in 2022
Verqor is a financial technology platform that aims to transform the agricultural sector by facilitating access to cashless credit for farmers. Through its innovative platform, farmers can purchase supplies and machinery on credit, enabling them to enhance their productivity. Verqor employs alternative data-driven credit scoring methods to promote financial inclusion, allowing financial institutions to issue low-risk credits based on a more comprehensive assessment of farmers' creditworthiness. Additionally, the platform fosters connections among various stakeholders in the agriculture industry, including buyers, sellers, and financial institutions, improving transparency and control within the supply chain. By leveraging technology and alternative financing solutions, Verqor supports farmers in optimizing their operations and accessing essential resources.

Gênica

Series A in 2022
Gênica was born from the proposal of Brazilian researchers and investors, who found in technological innovation and in the use of biotechnology a more efficient and more sustainable alternative for agriculture and livestock. Headquartered at the Technological Park of Piracicaba, the company focuses on research and development of new tools for production management. It also has a production unit in addition to Experimental Unit Fazão Areão USP in partnership with ESALQTec which includes laboratories and a greenhouse for the development of new products. It carries out scientific works in partnership with research institutions.

Decoy Smart Control

Venture Round in 2022
Decoy Smart Control Regional Sul researches, develops, and manufactures pesticides and related pest control products. The company’s products can be used for pest control in farm animals. The company was founded in 2015 and is based in Ribeirão Preto, Brazil.

Leaf Agriculture

Seed Round in 2022
Leaf Agriculture is a company based in Florianopolis, Brazil, founded in 2017, that specializes in providing a data network for the agriculture industry. It offers an application programming interface (API) platform that connects various agricultural technologies, enabling access to data from equipment, sensors, and software platforms. This API facilitates developers in validating grower consent and accessing high-quality agricultural data, ultimately allowing them to scale their products effectively. By streamlining data access through a unified interface, Leaf Agriculture aims to contribute to a healthier food system, enhance farmers' profitability, and promote environmental sustainability.

Agrolend

Series A in 2022
Agrolend was born to revolutionize the agribusiness sector for small and medium size farmers in Brazil, giving them access to sustainable credit that is needed to finance the development of their production and incentivize investment in equipment/technology. We help farmers to increase their productivity and profitability. Using cutting edge technology and an innovative credit analysis, Agrolend provides loans without any physical guarantees such as farms or grains. Our target is to avoid the slowness of the traditional banking system as this is a major problem for farmers looking for additional credit.

Agrofy

Series C in 2021
Agrofy is an online agrobusiness platform built to boost agribusiness globally through agile and transparent transactions between all the industry participants. built to boost agribusiness globally through agile and transparent transactions between all the industry participants. It operates all the relevant categories for the farmer: machinery, inputs, infrastructure, tools, crops, cattle, insuarance, loans, farmlands, jobs and vehicles. Additionally, Agrofy operates all the relevant categories for the farmer: machinery, inputs, infrastructure, tools, crops, cattle, insurance, loans, farmlands, jobs, and vehicles. The company was founded in 2015, based in Rosario, Argentina.

Traive

Series A in 2021
Traive Inc. operates an online lending platform that connects farmers with lenders, facilitating access to credit in the agricultural sector. Established in 2018 and headquartered in Saint Paul, Minnesota, with additional offices in São Paulo, Minneapolis, and Boston, Traive employs machine learning and big data to assess credit risk. The platform evaluates farmers' credit profiles using a comprehensive approach that goes beyond traditional credit scores, incorporating factors such as agronomic performance and market risks. This innovative analysis provides lenders with a diversified portfolio of borrowers while offering farmers more affordable funding options and reducing bureaucratic hurdles. By leveraging advanced technology, Traive aims to enhance financial accessibility within the agricultural industry.

ZoomAgri

Seed Round in 2021
ZoomAgri operates an online platform which provides quality assessment of agricultural commodities. The company's products include ZoomBarley and ZoomSpex. ZoomAgri is based in Buenos Aires, Argentina.

ZoomAgri

Series A in 2021
ZoomAgri operates an online platform which provides quality assessment of agricultural commodities. The company's products include ZoomBarley and ZoomSpex. ZoomAgri is based in Buenos Aires, Argentina.

Aegro

Venture Round in 2021
Aegro provides SaaS to replace old ways of dealing with agrarian data, largely based on paper and pencil or legacy software and generic tools that were never really designed for the job. Its solution is a management tool for the agricultural production system encompassing financial, productivity, and commercial management. Aegro was founded in 2014 and is based in Porto Alegre, Brazil.

Aegro

Seed Round in 2021
Aegro provides SaaS to replace old ways of dealing with agrarian data, largely based on paper and pencil or legacy software and generic tools that were never really designed for the job. Its solution is a management tool for the agricultural production system encompassing financial, productivity, and commercial management. Aegro was founded in 2014 and is based in Porto Alegre, Brazil.

Verge

Venture Round in 2021
Verge specializes in precision agriculture technology, offering innovative software solutions that enhance farming operations. Founded in 2016 and based in Lethbridge, Canada, the company provides tools such as First Pass Software, which optimizes path planning, and Launch Pad, a comprehensive application for managing farm activities. Verge's products address key challenges in agriculture, including labor shortages, machinery productivity, and soil degradation, through intuitive interfaces and proprietary optimization algorithms. These solutions enable users to visualize and compare machinery operations, ultimately reducing costs and environmental impacts by minimizing fuel, seed, fertilizer, and chemical usage, as well as equipment wear and soil erosion. Verge's software is distributed through global resellers, helping farmers achieve greater efficiency and productivity in their operations.

Agrolend

Seed Round in 2021
Agrolend was born to revolutionize the agribusiness sector for small and medium size farmers in Brazil, giving them access to sustainable credit that is needed to finance the development of their production and incentivize investment in equipment/technology. We help farmers to increase their productivity and profitability. Using cutting edge technology and an innovative credit analysis, Agrolend provides loans without any physical guarantees such as farms or grains. Our target is to avoid the slowness of the traditional banking system as this is a major problem for farmers looking for additional credit.

Frizata

Series A in 2021
Frizata is a digitally native brand specializing in the flexitarian frozen food market. The company focuses on producing and retailing frozen meals that aim to simplify daily food choices while promoting healthier eating habits. By utilizing artificial intelligence and cellular agriculture, Frizata manufactures environmentally friendly products. Their offerings include a variety of ready-to-eat meals, such as breaded chicken, fish, croquettes, pizzas, and veggie cutlets. This approach enables customers to access responsibly sourced food that is convenient to store and prepare.

Traive

Series A in 2021
Traive Inc. operates an online lending platform that connects farmers with lenders, facilitating access to credit in the agricultural sector. Established in 2018 and headquartered in Saint Paul, Minnesota, with additional offices in São Paulo, Minneapolis, and Boston, Traive employs machine learning and big data to assess credit risk. The platform evaluates farmers' credit profiles using a comprehensive approach that goes beyond traditional credit scores, incorporating factors such as agronomic performance and market risks. This innovative analysis provides lenders with a diversified portfolio of borrowers while offering farmers more affordable funding options and reducing bureaucratic hurdles. By leveraging advanced technology, Traive aims to enhance financial accessibility within the agricultural industry.

Aegro

Series B in 2021
Aegro provides SaaS to replace old ways of dealing with agrarian data, largely based on paper and pencil or legacy software and generic tools that were never really designed for the job. Its solution is a management tool for the agricultural production system encompassing financial, productivity, and commercial management. Aegro was founded in 2014 and is based in Porto Alegre, Brazil.

Agrolend

Seed Round in 2021
Agrolend was born to revolutionize the agribusiness sector for small and medium size farmers in Brazil, giving them access to sustainable credit that is needed to finance the development of their production and incentivize investment in equipment/technology. We help farmers to increase their productivity and profitability. Using cutting edge technology and an innovative credit analysis, Agrolend provides loans without any physical guarantees such as farms or grains. Our target is to avoid the slowness of the traditional banking system as this is a major problem for farmers looking for additional credit.

Traive

Venture Round in 2020
Traive Inc. operates an online lending platform that connects farmers with lenders, facilitating access to credit in the agricultural sector. Established in 2018 and headquartered in Saint Paul, Minnesota, with additional offices in São Paulo, Minneapolis, and Boston, Traive employs machine learning and big data to assess credit risk. The platform evaluates farmers' credit profiles using a comprehensive approach that goes beyond traditional credit scores, incorporating factors such as agronomic performance and market risks. This innovative analysis provides lenders with a diversified portfolio of borrowers while offering farmers more affordable funding options and reducing bureaucratic hurdles. By leveraging advanced technology, Traive aims to enhance financial accessibility within the agricultural industry.

Agrofy

Series B in 2020
Agrofy is an online agrobusiness platform built to boost agribusiness globally through agile and transparent transactions between all the industry participants. built to boost agribusiness globally through agile and transparent transactions between all the industry participants. It operates all the relevant categories for the farmer: machinery, inputs, infrastructure, tools, crops, cattle, insuarance, loans, farmlands, jobs and vehicles. Additionally, Agrofy operates all the relevant categories for the farmer: machinery, inputs, infrastructure, tools, crops, cattle, insurance, loans, farmlands, jobs, and vehicles. The company was founded in 2015, based in Rosario, Argentina.

Leaf Agriculture

Seed Round in 2020
Leaf Agriculture is a company based in Florianopolis, Brazil, founded in 2017, that specializes in providing a data network for the agriculture industry. It offers an application programming interface (API) platform that connects various agricultural technologies, enabling access to data from equipment, sensors, and software platforms. This API facilitates developers in validating grower consent and accessing high-quality agricultural data, ultimately allowing them to scale their products effectively. By streamlining data access through a unified interface, Leaf Agriculture aims to contribute to a healthier food system, enhance farmers' profitability, and promote environmental sustainability.

ZoomAgri

Seed Round in 2020
ZoomAgri operates an online platform which provides quality assessment of agricultural commodities. The company's products include ZoomBarley and ZoomSpex. ZoomAgri is based in Buenos Aires, Argentina.

Agrofy

Series B in 2019
Agrofy is an online agrobusiness platform built to boost agribusiness globally through agile and transparent transactions between all the industry participants. built to boost agribusiness globally through agile and transparent transactions between all the industry participants. It operates all the relevant categories for the farmer: machinery, inputs, infrastructure, tools, crops, cattle, insuarance, loans, farmlands, jobs and vehicles. Additionally, Agrofy operates all the relevant categories for the farmer: machinery, inputs, infrastructure, tools, crops, cattle, insurance, loans, farmlands, jobs, and vehicles. The company was founded in 2015, based in Rosario, Argentina.

Agrosmart

Series A in 2019
Agrosmart S.A., founded in 2014 and based in Campinas, Brazil, specializes in developing a digital platform for the agriculture industry that monitors environmental variations such as rainfall and soil moisture. The company offers several solutions, including the Advanced Smart plan for real-time irrigation and soil monitoring, the Soil Smart plan focused on soil moisture tracking, and the Climate Smart solution for weather forecasting. Agrosmart also provides insights into the likelihood of pests and diseases in specific areas. As a leader in agricultural digital platforms in Latin America, Agrosmart aims to enhance productivity, sustainability, and resilience in farming practices, utilizing data science to address challenges in food production and improve the entire agricultural value chain.

Ambar

Debt Financing in 2019
Leading Construction Technology Company in Latin America. Tech Company focused on addressing the Affordable Housing Challenge. Ambar integrate the Housing Journey into 4 steps, Design, Supply, Assembly and Living.

Pink Farms

Seed Round in 2019
They are the first urban vertical farm in Latin America, they have always thought a lot about how the chain could zero waste and bring a finally safe product to the big city. Let us do the work. You just need to open the package and eat natural leaves with unmatched quality.

SpecLab

Venture Round in 2018
SpecLab Holding S.A is a technology company based in Zeta Sumaré, Brazil, founded in 2017. It specializes in developing cloud-based software solutions for the agriculture sector, particularly through its product, SpecSolo. This software facilitates soil analysis, field sampling geo-referencing, and provides agronomic recommendations. It enables users to geo-locate sampling sites by scanning barcodes on collection packages, thus assisting in the preparation of fertilization and soil correction guidelines. Additionally, SpecLab employs Big Data and Artificial Intelligence to enhance complex laboratory analytical processes across various industries. By utilizing cognitive computing and spectral sensors, it offers innovative analytical solutions for compliance verification, product quality assurance, and routine diagnostics. Its services are tailored to meet the needs of small, medium, and large producers, ensuring efficient and sustainable outcomes in agricultural practices and laboratory analyses.

Asolum

Seed Round in 2018
Asolum is Brazil's first plant factory with artificial lighting, created with the purpose of producing premium quality vegetables through the use of cutting edge technologies. Because we grow our vegetables in a super clean controlled environment, we can eradicate the use of pesticides. Through the use of hydroponics, we also substantially reduce soil contamination. We use a combination of standard production systems and new technologies in order to achieve the highest resource use efficiency. Using hydroponics, LED lighting and smart sensing, organized in a vertical structure, our yield is up to 100 times that of a traditional farm using the same area. Our technology allows us to produce food only a few miles away from the places they are going to be consumed. This way we ensure they arrive very fresh at our customers’ tables and at the same time reduce the environmental impacts, costs and waste caused by transportation. Shortage of food is a problem we may face in the years to come, as the world's population reach 9.1 billion people by 2050. Hence, we must use new technologies that result in productivity growth and reduce food waste.

Agrofy

Series A in 2018
Agrofy is an online agrobusiness platform built to boost agribusiness globally through agile and transparent transactions between all the industry participants. built to boost agribusiness globally through agile and transparent transactions between all the industry participants. It operates all the relevant categories for the farmer: machinery, inputs, infrastructure, tools, crops, cattle, insuarance, loans, farmlands, jobs and vehicles. Additionally, Agrofy operates all the relevant categories for the farmer: machinery, inputs, infrastructure, tools, crops, cattle, insurance, loans, farmlands, jobs, and vehicles. The company was founded in 2015, based in Rosario, Argentina.

InCeres

Venture Round in 2017
InCeres Desenvolvimento de Software e Processamento de Dados Ltda., founded in 2013 and based in Piracicaba, Brazil, specializes in software solutions for the agriculture sector. The company focuses on precision farming, offering a platform designed to address the challenges faced by agronomic consultancies in managing agricultural data. InCeres' software enhances data processing capabilities by up to ten times, thereby improving efficiency and profitability for its users. By streamlining the management of agricultural practices, InCeres aims to boost the quality of services provided to clients in the farming industry.

JetBov

Venture Round in 2017
JetBov is a company based in Joinville, Brazil, that specializes in livestock and farm management software for the agriculture sector. Established in September 2015, JetBov offers a cloud-based platform designed to streamline the entire reproductive cycle of beef cattle. The platform integrates technology and management intelligence to enhance the meat production chain, allowing farm owners to efficiently manage vital information related to their livestock, production processes, and associated financial and operational data. Users can access this information conveniently through both mobile devices and computers, thereby improving agronomical, zootechnical, and economic outcomes in their operations.

Gênica

Venture Round in 2017
Gênica was born from the proposal of Brazilian researchers and investors, who found in technological innovation and in the use of biotechnology a more efficient and more sustainable alternative for agriculture and livestock. Headquartered at the Technological Park of Piracicaba, the company focuses on research and development of new tools for production management. It also has a production unit in addition to Experimental Unit Fazão Areão USP in partnership with ESALQTec which includes laboratories and a greenhouse for the development of new products. It carries out scientific works in partnership with research institutions.

SpecLab

Venture Round in 2017
SpecLab Holding S.A is a technology company based in Zeta Sumaré, Brazil, founded in 2017. It specializes in developing cloud-based software solutions for the agriculture sector, particularly through its product, SpecSolo. This software facilitates soil analysis, field sampling geo-referencing, and provides agronomic recommendations. It enables users to geo-locate sampling sites by scanning barcodes on collection packages, thus assisting in the preparation of fertilization and soil correction guidelines. Additionally, SpecLab employs Big Data and Artificial Intelligence to enhance complex laboratory analytical processes across various industries. By utilizing cognitive computing and spectral sensors, it offers innovative analytical solutions for compliance verification, product quality assurance, and routine diagnostics. Its services are tailored to meet the needs of small, medium, and large producers, ensuring efficient and sustainable outcomes in agricultural practices and laboratory analyses.

Promip

Venture Round in 2017
Promip is developing cutting edge technology for largescale production and distribution of stingless bees, predatory mite and parasite wasps. The company offers the most complete biotech solution for farmers who seek sustainable forms of Integrated Pest Management for It boasts the only Brazilian biofactory for predatory mites that complement agrochemicals & GMO seeds in pest, disease and harmful plant control, seeking to improve agricultural productivity.

Agrosmart

Venture Round in 2017
Agrosmart S.A., founded in 2014 and based in Campinas, Brazil, specializes in developing a digital platform for the agriculture industry that monitors environmental variations such as rainfall and soil moisture. The company offers several solutions, including the Advanced Smart plan for real-time irrigation and soil monitoring, the Soil Smart plan focused on soil moisture tracking, and the Climate Smart solution for weather forecasting. Agrosmart also provides insights into the likelihood of pests and diseases in specific areas. As a leader in agricultural digital platforms in Latin America, Agrosmart aims to enhance productivity, sustainability, and resilience in farming practices, utilizing data science to address challenges in food production and improve the entire agricultural value chain.

Aegro

Seed Round in 2017
Aegro provides SaaS to replace old ways of dealing with agrarian data, largely based on paper and pencil or legacy software and generic tools that were never really designed for the job. Its solution is a management tool for the agricultural production system encompassing financial, productivity, and commercial management. Aegro was founded in 2014 and is based in Porto Alegre, Brazil.

InCeres

Series A in 2016
InCeres Desenvolvimento de Software e Processamento de Dados Ltda., founded in 2013 and based in Piracicaba, Brazil, specializes in software solutions for the agriculture sector. The company focuses on precision farming, offering a platform designed to address the challenges faced by agronomic consultancies in managing agricultural data. InCeres' software enhances data processing capabilities by up to ten times, thereby improving efficiency and profitability for its users. By streamlining the management of agricultural practices, InCeres aims to boost the quality of services provided to clients in the farming industry.

Agronow Tecnologia

Series A in 2016
Agronow Tecnologia S.A. specializes in agricultural technology, providing a platform that analyzes crop data and agricultural areas. Founded in 2015 and based in São José dos Campos, Brazil, the company offers a service that enables users to monitor their crops every three days, receiving timely alerts related to harvests, including crop shortfalls and quality assessments. Agronow's technology allows for the scheduling and generation of analyses, comparison of data, and evaluation of production and productivity across various agricultural sectors. The platform can monitor diverse crops such as soy, maize, eucalyptus, sugar cane, pasture, and native forest plants. Agronow serves a wide range of clients, including small to large growers, banks, insurance firms, trading companies, chemical industries, and agronomical consultants, thus enhancing decision-making in agricultural management.

Agrosmart

Seed Round in 2016
Agrosmart S.A., founded in 2014 and based in Campinas, Brazil, specializes in developing a digital platform for the agriculture industry that monitors environmental variations such as rainfall and soil moisture. The company offers several solutions, including the Advanced Smart plan for real-time irrigation and soil monitoring, the Soil Smart plan focused on soil moisture tracking, and the Climate Smart solution for weather forecasting. Agrosmart also provides insights into the likelihood of pests and diseases in specific areas. As a leader in agricultural digital platforms in Latin America, Agrosmart aims to enhance productivity, sustainability, and resilience in farming practices, utilizing data science to address challenges in food production and improve the entire agricultural value chain.

Inprenha

Series A in 2014
Inprenha Biotechnology is a company focused on the animal reproduction sector, providing innovative solutions for both large and small animals. Founded in 2008 at the Agribusiness Regional Incubator in Jaboticabal, Brazil, Inprenha aims to enhance artificial breeding techniques through advanced research and development. The company's product line includes technologies for artificial insemination and embryo transfer, which help improve the success rates of these procedures, thereby increasing productivity and reducing costs for livestock operations. Inprenha has garnered recognition for its innovative approach, having been selected as one of the top ten companies in a competitive program aimed at fostering new businesses. The company has also engaged in various research projects supported by funding organizations, reinforcing its commitment to innovation in the field of reproduction and genetics.

Promip

Series A in 2014
Promip is developing cutting edge technology for largescale production and distribution of stingless bees, predatory mite and parasite wasps. The company offers the most complete biotech solution for farmers who seek sustainable forms of Integrated Pest Management for It boasts the only Brazilian biofactory for predatory mites that complement agrochemicals & GMO seeds in pest, disease and harmful plant control, seeking to improve agricultural productivity.

Imeve

Series A in 2011
Imeve is a health and biotechnology company that focuses on animal nutrition. It offers a broad portfolio of products for many different species of animals.

Enalta

Series A in 2010
Enalta develops solutions in digital agriculture for monitoring, intelligence and optimization of agricultural processes. Recognized as the leading automation agricultural markets where it is present, Enalta is highlighted by the quality of the work deployment and management of operational processes in the field throughout Latin America.

BR3 Agrobiotecnologia

Series A in 2009
BR3 Agrobiotecnologia develops and commercializes technologies in agrochemicals. It manufactures pesticides for agricultural purposes. BR3 Agrobiotecnologia began operation in 2001. It has its headquarters in Sao Paulo in Brazil.

BUG Agentes Biológicos

Series A in 2009
Bug Agentes Biológicos operates as supplier of predatory insect eggs and parasitoids used for natural protection of crops. It began operation in 2001, with its headquarters in Piracicaba in Brazil as a subsidiary of Koppert do Brasil Holding as of December 18, 2017.
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