Adisseo participates in the new closing round of AgVentures II Fund in Latin America
Tuesday, January 5, 2021
Adisseo announced its participation in the new closing round of AgVentures II fund, a fund launched by SP Ventures, one of the most established Venture Capital firms in Latin America, globally recognized for its specialization in Agfoodtech. This investment is part of Adisseo’s investment strategy which focuses on activities at the forefront of the modern agricultural and livestock revolution: animal health, feed and nutrition and digital technologies serving the livestock industry. Jean-François Rous, Adisseo executive VP Research & Innovation, stated that “Adisseo is a unique company committed to strategic investments in new disruptive technologies, in order to enrich our portfolio of R&D innovations while respecting a model of sustainable growth.”
“Adisseo has been proactively following the development of disruptive technologies in agriculture, in animal production, and has invested in startups, either through our AVF fund mainly in Europe or directly through for example the JV Calysseo in Asia,” added Guy Harari, senior global director and Adisseo representative in AgVentures II fund. “We recognize the importance of Latin America, and particularly Brazil, as a global power in animal production to supply less expensive protein to the world’s growing population demanding more affordable and quality meat.”
Through SP Ventures, Adisseo expects to contribute to the AgTech LATAM ecosystem and pushes for more focus on animal production disruptive technologies, replacing antibiotics with more effective feed additives, developing smart farming to monitor farms and improve and predict their performances, increasing food safety and promoting sustainable production methods. This new round of investors, including also Mosaic and Brazilian Family offices, is joining the first round of investors which included companies such as Syngenta Ventures, BASF Venture Capital and Capria Ventures.
AgVentures II Fund now exceeds $23 million.
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