Holaaaa, Oláaaaa, Helloooo
Another quarter has ended. September passed quickly, but there was time to add lots of news in ag, food, and climate techs. And also a new report that shows how farmers are adopting tech and awareness of climate change (see Highlights section).
Before we start, I would like to ask you to sign up for the Newsletter for free, just to support my work.
Let's go!
Topics we will cover:
🌱 Ag
🍇 Food
🌤️ Climate
💡 General News
👩🏻💻 Publications
🗓️ Events
💼 Job Openings
💬 Quote of the Month
👀 Before you go…
100% Livre forms a partnership with GPA and will increase production fivefold
AGCO buys Trimble's digital agriculture division for $2 billion
Agrega Agro - Fullcommerce for agro retail leverages Luft Logistics to logtech position
Agrotoken advances in the Brazil and wants to finance from machines to beer
Arable Mark 3 wins a prestigious IDEA Industrial Design Award
Basf invests in innovation ecosystem in search of the first agricultural unicorn
Boehringer Ingelheim invests $ 2.1 billion in innovation and uses to "hear" pigs and birds
Blox surpasses crowdfunding and seeks R$3 billion in agricultural operations
ByAgro develops technology for monitoring and controlling rural equipment
BloomsPal startup connects more than 1,000 agricultural growers
Cargill will use "wind powered cargo ship sets" to decarbonize the oceans
Cultivo wants R$130 million to give credit to coffee growers
Cyclo First startup accelerator in Matopiba expands operations to the South and Southeast of Brazil
GoHobby flies to agriculture and sees potential market for 120,000 drones in the field
growPack Startup that produces packaging with corn straw receives investment from Irani
Marfrig invested R$300 million against deforestation and now will leave the Amazon
Mosaic brings biologicals business to Brazil. "Start" in Arco Norte project
Nagro attracts Kinea Ventures and Revolution and raises R$245 million
Pampa Start the new agtech hub that grows with the contribution of growers
SeeTree "sees" money" in trees and already has Brazil as the most relevant market
Tereos invests in the circular economy and biofuels to reduce emissions
UPC and Syngenta present the Chair of training and new technologies for sustainable agriculture
Verde Agritech advances plan to use railways to transport fertilizers
Argentina presented its Bio-Digital innovation in agriculture at the WTO
Agricultural farms produce biogas with cow manure in northern Colombia
Research shows: there are 85 biological companies ready for mergers and acquisitions
The R$50 million (or more) plan that will create the "Cellulose Valley" in Brazil
Cargill invests in technology to enter the stevia-based sweeteners market in Brazil
Foodology: the foodtech that created Maluma's restaurant and a partnership with Nobru
Foodtech: plant-based meat market would skyrocket from US$16,500 to US$139,000 million by 2035
FoodTech Laboratory opens in partnership with the Brazilian Ministry of Agriculture and Livestock
Natural One - foodtech will transform your liquid waste into fertilizer
Nestlé announces agreement to buy group that owns Kopenhagen and Brasil Cacau
NotCo makes foray into new category with NotSnack protein bars
Sustineri Piscis developed fish meat fritter in the laboratory
Walmart and Samsung purify the air to combat food waste
Guess who's coming to dinner? Artificial intelligence
Bayer: in the world, more than 70% of growers already observe the effects of global warming on farms
Be8 closes sustainable loan of R$90 million with Santander to reuse cooking oil
CVM creates a new division of innovation and sustainable finances
KPTL fund for climate tech receives contribution of R$ 20 mi from ZEG
Mercado Livre doubles investment in generating carbon credits
Natura increases anti-deforestation and carbon ambition and focus will be on Latin America
Petrobras enters offshore wind farms and wants renewables as early as 2024
Reservas Votorantim and Eccon developed a new methodology for generating carbon credits
Climate change: this is how Latin America pays the piper for the lack of global action
Heat Waves? Climate-focused funds have US$33 billion to invest in 2023
General:
August was the best month of the year for Brazilian startups, says Distrito
Data snapshot: 5 years of agrifoodtech investment in Latin America
ECLAC raises LatAm GDP forecast for 2023, but augurs low growth
Startups in Latin America raised $605 million in the second quarter of 2023
Latin American SMEs are now looking at artificial intelligence and globalization
Highlights:
"71% of farmers say that climate change has already had a major impact on their farms. This highlights the need for more innovative approaches and technologies" found the Farmers Voice report, led by Bayer, which interviewed farmers in Brazil and seven other countries.
On average, farmers estimate that their incomes in the past two years have declined 15.7% due to climate change, with 73% saying they experienced increasing pest and disease pressure.
Farmers expect the repercussions of climate change to continue. Three-quarters of them globally (76%) are worried about the impact that climate change will have on their farm, with farmers in Kenya and India most concerned.
And Brazil is most pen to new technologies to adapt to climate change: Brazilian farmers stand out with their strong focus on soil health. In terms of digital adoption, there’s a notable diversity across countries – a significant 70% of Brazilian farmers opt for online input purchases.
Pest pressures are a shared concern among 7 in 10 farmers surveyed in Brazil, reflecting the challenges they anticipate in managing these issues. Interestingly, Brazilian farmers perceive diversifying crops as a prime avenue for growth, suggesting their keen understanding of the benefits and opportunities this strategy holds.
Additionally Brazilian farmers are most likely to agree that they’re open to implement new tech, including new genome techniques, to adapt to climate change (88%).”
See the full report in the publications section.
And last but not least:
Can you make mistakes in agribusiness?
I joined the fourth and final episode of the first season of Fuckup Cast 💡 with the host Mariana Maciel. In this episode we address whether all sectors of the economy allow experimentation and errors or whether some need to be shielded, using agribusiness as an example.
Check it out on Spotify or Youtube:
🇧🇷 October 04-05: AgTech Meeting - I will be a speaker on a panel on 10/05
🇧🇷 23rd International DATAGRO Conference on Sugar and Ethanol
🇧🇷 October 25-27: Latin America IoT Forum - I will be a speaker on 10/26
🇧🇷 October 30: Jovens do agro - I will be a speaker!
Open call for startups:
Latin America (Remote) The Nature Conservancy - Future Landscapes Science Lead, LAR
🇦🇷 Cargill - Strategy and Business Development Senior Analyst
🇧🇷 Oxitec: Head Of Agriculture Business Development – Brazil/Latam
🇲🇽 International Maize and Wheat Improvement Center (CIMMYT) - Chief Operations Officer (COO)
“Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.” - Albert Einstein
Meme of the Month
What I heard after a heat wave in South America in the last week of winter:
That's it, folks!
Let me know if you’ll attend on AgTech Meeting next week, so we can have a coffee together.
And I hope you enjoyed this #7 edition. If so, I ask you to help me by sharing with friends.
And if you want to share some news from your company or project in this NewsLetter, you can send it to me. 🤗
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Saludos,
Juh Chini, a dreamer