What is Solinftec?
Solinftec is a Brazil-based technology firm specializing in software solutions for the agriculture sector. The company develops and offers a suite of products designed to enhance farm operations, including systems for machine monitoring and status, production traceability, logistics optimization, and climate sensing. Headquartered in West Lafayette, Indiana, Solinftec aims to revolutionize agriculture through advanced digital tools, providing farmers with the insights and capabilities needed to improve efficiency and yield.
How much funding has Solinftec raised?
Solinftec has raised a total of $100M across 2 funding rounds:
Series B
$40M
Other Financing Round
$60M
Series B (2020): $40M with participation from Unbox Capital
Other Financing Round (2022): $60M led by Unbox Capital, Lightsmith Group, and CIRCULARIS PARTNERS
Key Investors in Solinftec
Unbox Capital
Unbox Capital is a Private Equity management firm based in São Paulo, founded by Luiza Helena Trajano and Patricia Moraes. The company specializes in investing in Brazilian businesses that are in the growth stage, providing capital for their growth and transformation. With R$1 billion in assets under management, Unbox Capital has supported five invested companies over the past seven years. The firm aims to foster connections between people and businesses to drive mutual evolution.
Lightsmith Group
The Lightsmith Group is the world's first growth equity investor focused on adaptation and resilience, established in 2017. They invest in growth-stage companies that provide solutions to help society adapt to the impacts of climate change, targeting sectors such as infrastructure, energy, supply chain, and agriculture. With a commitment to measurable impact and a proprietary investment framework, Lightsmith aims to capitalize on the projected $1 trillion adaptation and resilience investment opportunity by 2030. Their expertise and active partnership approach support companies in scaling their resilience solutions globally.
CIRCULARIS PARTNERS
Circularis Partners is an investment firm focused on supporting technology-enabled companies that advance the circular economy, promote sustainability, and enhance resource efficiency. Circularis is a sub-advisor to the TPG Alternative & Renewable Technologies (ART) fund.
What's next for Solinftec?
The substantial enterprise-level and strategic investment received by Solinftec positions the company for accelerated growth and market expansion. This influx of capital is expected to fuel further development of its innovative software solutions, enhance its operational capabilities, and broaden its reach within the global agriculture technology landscape. The company's focus on data-driven insights and operational efficiency suggests a strategic push towards solidifying its role as a leader in agritech, potentially through further product innovation, strategic partnerships, or market penetration initiatives.
See full Solinftec company page