#Sementis: AI in agribusiness 🤖🌱

#15 - May in LATAM - Sementis

Holaaaa, Oláaaaa, Helloooo

We have a lot to cover today, but I would like to remind you that we are still facing problems arising from the rain in Rio Grande do Sul and it is possible to help by donating. Every help matters.

🆘 How to help Rio Grande do Sul: https://brazilfoundation.org/en/help-rio-grande-do-sul/ 

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Disclaimer: The views and opinions expressed here are solely my own and don’t necessarily reflect the views or positions of any entities I represent.

Let's go!

Topics we will cover:

• 🌱 Ag

•  🍇 Food

• 🌤️ Climate

• 💡 General News

• 👩🏻‍💻 Publications

• 🗓️ Events

• 💼 Job Openings

• 💬 Quote of the Month

• 👀 Before you go…

• Agrishow: largest agricultural fairshow in Latin America achieve R$ 13.6 billion in business

• Agrogalaxy's FIDC reaches its first billion with only one month

• AgroStart, from BASF, promotes open innovation by supporting hundreds of agtech startups

• Agrotoken projects to double producer base by 2024

• AgroUrbana closes $6M fund to expand current facility by five-fold

• AgNest drives innovation and sustainability in Agro

• Baumgart Group “plants future farm” in Goiás

• Brasil Agro (M&A) acquires Companhia Agrícola Novo Horizonte

• Bioceres Crop Solutions Announces Brazil’s Approval of New Generation Bio-Insecticide

• BioUs - More value, less environmental impact

• Bunge e Viterra - Cade proves formation of megatrading with merger between Bunge and Viterra in Brazil

• Bunge Partners with xFarm Technologies on Regenerative Efforts

• Capitânia wants to reach R$ 2.5 billion

• Climate Fieldview - At Bayer, producer increases purchasing power with ‘data barter’

• CNA Digital Hub faces alignment with agro startups

• Comission de Promocion y Defensa de la Competencia (CPDC) from Uruguay blocked the sale of Marfrig units to MInerva in the country

• Darwin - Accelerator with R$1 billion in portfolio captures its first FIP and intends to explore agriculture

• Datagro creates the largest agricultural culture festival in the world with support from XP

• Dioxd already earns R$ 2 million by injecting CO2 into grains

• E-agro has already lent R$30 million to purchase machines

• EEmovel Agro revolutionizes agribusiness with market intelligence

• Estancia Farm: With a focus on health and "rest" alone, the fazenda becomes a model in Bayer's global program

• GeoApis uses technology to warn beekeepers when and where pesticides will be applied, protecting insects

• Glasgow Finance Alliance for Net Zero (Joaquim Levy) projects synergy between capital, biofuels and native areas in Brazil

• GTS invests R$ 148 million to produce in the USA

• Itau BBA forecasts an agricultural portfolio of R$103 billion this year and more appetite for M&As

• Lar Cooperativa issues CRA of R$701 million to purchase inputs

• Lallemand wants more of its yeasts in Brazilian ethanol

• Leste Group, of ex-BTG Emmanuel Hermann, dribbles cliffs and prepares to round Fiagro

• Minerva - Why Uruguay can (still) approve Minerva's M&A

• MUU Agrotech launches bovine facial traceability system

• Netylink enters the race to connect rural areas

• Pátria is close to closing the acquisition of Sementes São Francisco

• Pyrolis: startup improves fertility and recovers the soil

• Raizen opens second second-generation ethanol plant

• Rio Capim will raise R$100 million from CRA in livestock farming

• Ruraltech: the startup that connects agricultural producers, facilitating the sale, exchange and logistics of products

• Rural Ventures - Sowing the future - a journey in Venture Capital Agro

• Snash, hub of the National Agricultural Society (Brazil), has 120 startups and is looking for space in São Paulo

• Strada, logfintech of the big trading companies, enters the R$ 10 billion route (and with cheaper shipping)

• Syngenta - how Brazil defines Syngenta's global digital agriculture strategy

• Suzano prepares US$15 billion offer for International Paper, says agency

• Verde seeks investors to save Fiagro and expand credit to producers

• Vox’s Fiagro: why didn’t it come out? and the lessons that remained

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• From ‘games’ to the field: digital agriculture attracts new technology companies

• Grupo Bimbo and Oobli Partner to Integrate Sweet Proteins in Baked Goods

• MrBeast Burger arrives in Brazil at the base of dark kitchens

• Liv Up: Cultura consumer centric e as inovações

• NotCol: Andre Weinmann Appointed as President of NotCo Brazil

• Nuu is conquering Brazil and the world with its cheese bread

• Papapá announces Juliano Michelato as CMO

• Partuu - Personalized kettle startup expands business with support from publishing house of the State of Parana

• Puratos (Belgian) will invest R$35.5 million in Argentina

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• Brazil is among the largest online food delivery markets

• Brazilian startups stand out in projects to 'redesign' food

• Amazon finances R$5 million in cloud services for climate startups

• Azagros: startup that carries out agro-digital management of farms

• Converge Capital Conference puts climate investments in the spotlight

• EcoEnterprises: ​​With Brazilian impact startups in its sights, US fund raises US$ 150 million

• Fundación Valenciaport begins decarbonization plan for Ports of Paraná (BR)

• re.green joins Microsoft to restore 15 thousand hectares of the Amazon and Atlantic Forest

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• Amazonas selects five companies for carbon projects in mega area

• Azagros: startup that carries out agro-digital management of farms

• Big techs come together to purchase 20 million carbon credits by 2030

• EU allocates €130 million in humanitarian aid for Latin America and the Caribbean in 2024

• LatAm quickly faces the La Niña phenomenon; activation of agricultural insurance is planned

• Latin America breaks record for extreme events and experiences the scourge of climate change

• Porto Alegre's climate plan already mapped risks

• Rio de Janeiro will have a “green CO2” plant – which comes from garbage

• Sequence of extreme events devastates RS wineries

• The unpredictable is no excuse: you need a budget for natural disasters

• Tragedy in Rio Grande do Sul could chart a new route towards COP 30

General:

• Embraer-X: "We created a Brazilian unicorn"

• Investment in generative AI hit highs last year, what happened to LatAm?

• Know the map of innovation in Brazil

• Manufacturing startups in series? The 'venture studio' business that LatAm can take advantage of

• The technological unicorns of Latin America: the top 10 of the most valued and their new challenges

• Venture capital investments in LatAm slow down in 2024: what is happening in the sector?

• With new unicorn, Brazil increases 222% in investments in April

Highlights:

1. Artificial Intelligence in Agribusiness

Find out how artificial intelligence has been developed and applied in agribusiness in the most recent publication by Rural Insights, which features interviews with sector leaders.

“The major issue with these new technologies is how to incorporate them to enhance existing knowledge. For example, how can we use soil sensors to carry out the best operation at the best time, in the best way with artificial intelligence? How can we analyze a database to draw the best insights and possible data and information correlations that we aren't currently seeing?” Fabio de Rezende Barbosa - CEO of NovAmérica Agrícola, He leads one of the largest agricultural groups in the Brazil, which operates over 47 thousand hectares of sugarcane fields.

Check out the full publication:

📘Rural Insights: Artificial Intelligence in Agribusiness (English | Portuguese). Content:

• Artificial Intelligence history and concepts

• Artificial Intelligence in Agriculture: types and applications

• Precision Agriculture and Artificial Intelligence

• Generative Artificial Intelligence in Agribusiness

• Word from the expert: who applies - Fábio de Rezende Barbosa, CEO NovAmérica

• AgTechs that work with A.I. in the field: Solinftec, Cromai and SciCrop

• AgTech CEOs opinion

2. International Coffee Seminar

An event that is 52 years old took place in Brazil, with more than 30 countries and for the first time there was an innovation area with Arena Rural Ventures. What an honor to be part of the history of coffee by presenting technologies for productivity, diversity and sustainability in the production chain.

The following startups participated with us: AgroESGP.com, E-ctare, Veros Tecnologia, Agroboard Tecnologia, Biome4all Agro, Campo Capital P2P, SciCrop®, Rural Insights and Plano Agro.

• Allianz Research Latin America: Shall we dance? What’s the outlook for Latin American economies?

• Google Cloud - five trends that will set the tone for business involving data in 2024

• The economics of farming expansion in the Brazilian Cerrado under possible effects of climate change

Sponsored Content

• 🇧🇷 Jun, 18-19: World Agri-Tech South America Summit

The 5th World Agri-Tech South America Summit returns to São Paulo on June 18-19, welcoming 700 local and international stakeholders in South America’s dynamic agri-food ecosystem, including cooperatives, agribusinesses, food corporates, start-ups, investors, and government agencies.

Join me (tickets) and save 10% with code: TECH10

Are you going to attend the event? Let’s meet! Join the WhatsApp group and we'll talk!

Also, the event will showcase 16 home-grown and international early-stage agtech innovators solving the biggest pain points in South America’s agri-food system.

Detailed start-up profiles are available at www.worldagritechsouthamerica.com/start-ups with full details of each company’s technology and specialized areas, plus funding rounds achieved to date.

In the next edition, you will present the highlights of the event. Stay tuned!

Call for Startups:

• 🌎 The Curt Bergfors Food Planet Prize

• 🇧🇷 Climate Change: Catalog of solutions for preventing and mitigating damage resulting from environmental disasters in RS

• 🇧🇷 Jun, 16: GLOCAL Game Changers LatAm Series 2024

• 🇧🇷 July, 28:  Startup World Cup 2024

Upcoming events:

• 🇧🇷 Jun, 05: Women in Science and Technology 

• 🇦🇷 Jun, 5-8: AgroActiva

• 🇨🇱 Jun, 5-6: Inspiring CVC in Latin America

• 🇧🇷 Jun, 11-15: Bahia Farm Show

• 🇧🇷 Jun, 13 - 14: 2.º Summit Iguassu Valley Latinoamerica

• 🇧🇷 Jun, 18-19: National Meeting of Agribusiness Cooperatives

• 🇧🇷 Jun, 18-19: World Agri-Tech’s South America Summit

• 🇨🇴 Jun, 18-21: Alimentec

• 🇧🇷 Jun, 21: StartSe Agrotech

• 🇧🇷 Jun, 26-27: Minas Summit

• 🇧🇷 Jun, 26 - 27: Agritech Talks

• 🇧🇷 Jun, 27 - 28: GAFFFF Global Agribusiness Festival

• 2024 LATAM Events Full List

• 🇦🇷 Adecco: Digital Agro Consultant

• 🇦🇷 AS Recursos Humanos - Precision Agriculture Specialist

• 🇦🇷 Syngenta: Digital Agriculture Representative

• 🇧🇷 BUNGE - Field Sustainability Specialist

• 🇧🇷 Cropin - Customer Success Specialist

• 🇧🇷 Innovatech Group - Senior GHG Inventory Specialist

• 🇧🇷 Klabin: Innovation Consultant

• 🇧🇷 MTP - Pl Carbon Project Analyst

• 🇧🇷 New Sun Crop Science - National Sales Manager

• 🇧🇷 Pretaterra - High-Level Regenerative Consultant

• 🇧🇷 Raizen - Digital Executive Manager

• 🇨🇱 Puelche - Corfo Project Leader

• 🇨🇴 WeGrow Ag - Technical Sales Manager - Latin America

• 🇨🇴 Acceso: Manager/Director, Institutional Partnerships

• 🇨🇴 The Nature Conservancy (TNC) - Sustainable Production Systems Technical Specialist

• 🇲🇽 Florliance - Country Manager Mexico

• 🇲🇽 S&P Global - Associate Editor, Agriculture & Food Pricing

• 🇵🇷 AmeriCorps - Plenitud PR ASN: Agriculture Project Coordinator

“We're going to start seeing these extreme climate changes more frequently. Actions have to be taken now.” - Mariana Caetano (Salva.digital)

Meme of the Month

Truly sad, but true 🫠

The photo of the horse Caramelo (Rio Grande do Sul) became known throughout Brazil, representing resistance to extreme weather conditions. Caramelo was rescued and is doing well, but hundreds of animals and people died in this tragedy. It is urgent to combat climate change.

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Saludos,

Juh Chini, a dreamer

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