What is Agrolend?
Agrolend was established with the mission to transform the agribusiness industry for small and medium-sized farmers in Brazil through the granting of sustainable credit. This financing is essential for enabling farmers to invest in agricultural production, equipment, and technologies that enhance productivity and profitability. By addressing the critical need for capital, Agrolend plays a pivotal role in boosting the economic viability and operational capacity of its target demographic within the Brazilian agricultural sector.
How much funding has Agrolend raised?
Agrolend has raised a total of $80M across 2 funding rounds:
Series B
$27M
Series C
$53M
Series B (2022): $27M with participation from Lightrock, CGC, SP Ventures, Valor Capital, and Provence Capital
Series C (2024): $53M led by Creation Investments, Vivo Ventures, and Syngenta Group Ventures
Key Investors in Agrolend
Creation Investments
Creation Investments Capital Management, LLC specializes in impact-driven private equity and credit portfolios aimed at enhancing financial inclusion in emerging markets. The firm focuses on investing in financial services firms that cater to the unbanked and underbanked populations.
Syngenta Group Ventures
Syngenta Group Ventures is the venture capital arm of Syngenta Group, dedicated to shaping a sustainable global agri-food system for the 21st century. The company focuses on investing in innovative agricultural technologies that enhance food security while protecting the environment.
Lightrock
Lightrock is a global sustainable investment platform managing over $5.5 billion in assets across private and public markets. The company focuses on investing in purpose-driven businesses that address significant global challenges, with a commitment to impact and returns.
What's next for Agrolend?
With the recent infusion of major strategic investment, Agrolend is poised for accelerated expansion and enhanced service offerings. The company's focus on sustainable credit for agribusiness is critical for driving innovation and productivity among small and medium-sized farmers in Brazil. Future developments are likely to involve scaling operations, expanding technological integration, and potentially broadening its geographic reach within Brazil's vast agricultural landscape. This strategic financing will empower Agrolend to further solidify its position as a key enabler of agricultural development and investment.
See full Agrolend company page