The Yield Lab Latam recently launched their third investment fund, with $50 million in size, to help scale AgriFoodTech startups across Latin America. On June 27th, The fund received in São Paulo around 100 investors, startups CEOs and innovation partners from several Latin American countries and Brazil to discuss new business opportunities and growing foreign investments being directed to Brazilian startups.
The regional manager of The Yield Lab Latam, Santiago Murtagh, sees Brazil as one of the countries with the greatest potential in AgriTech, due to its size and potential for disruption both inside and outside the farm gate. Despite the pandemic and global financial crisis, the agtech startup market is growing rapidly. According to experts, the world today is following a greener path that requires innovative, sustainable and scalable solutions from startups.
The greatest objective is for increased efficiency. Brazil has always had an abundance of natural resources including labor, land and water. Today the world looks for efficiency in the use of these resources, and technology is here to make that happen. Everything we do has an impact, but if you act more efficiently, your impact will be more positive”, says Kieran Gartlan, managing partner of The Yield Lab Latam for Brazil.
Founded in 2017 and with funds also in the United States, Europe and Asia, The Yield Lab has the largest Venture Capital AgTech network. In Latin America, they have offices in Argentina, Brazil and Chile, and invest in food and agriculture innovation from farm to shelf.
