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SP Ventures

South America, Sao Paulo, Brazil, Pinheiros

Description

SP Ventures is a prominent Brazilian venture capital firm, recognized as a pioneer in the Latin American investment landscape, particularly within the AgTech and FoodTech sectors. Based in Pinheiros, Brazil, the firm specializes in acquiring equity in innovative early-stage companies that are poised to transform the agricultural and food industries. Their strategic focus aligns with Brazil's significant role as a global agricultural powerhouse, enabling them to identify and nurture startups with high growth potential in this critical domain.

SP Ventures primarily targets Seed and Series A rounds, providing crucial capital and strategic support to nascent ventures. They look for companies leveraging technology to address challenges and opportunities across the entire agricultural value chain, from precision farming and biotechnology to supply chain optimization and sustainable food production. Their investment philosophy emphasizes long-term partnerships, aiming to help portfolio companies scale operations, expand market reach, and achieve significant impact.

The firm has demonstrated a robust track record, managing multiple funds dedicated to their specialized focus. Notably, their SP Ventures AgTech Fund III reportedly closed with commitments of approximately R$500 million (around $100 million USD), underscoring their substantial capacity to deploy capital into promising ventures. To date, SP Ventures has made over 70 investments across more than 50 portfolio companies, solidifying their position as a leading investor in the region's AgTech ecosystem. Their typical initial check sizes for early-stage companies generally range from $500,000 to $2,000,000, with the capacity for follow-on investments in subsequent rounds.

SP Ventures is not merely a financial investor; they actively contribute to the development of the AgTech ecosystem in Latin America. They provide strategic guidance, access to their extensive network of industry experts, and operational support to help founders navigate the complexities of scaling a technology company in the agricultural sector. Their commitment extends beyond financial returns, aiming to foster innovation that enhances productivity, sustainability, and efficiency within the global food system.

Investor Profile

SP Ventures has backed more than 24 startups, with 4 new investments in the last 12 months alone. The firm has led 7 rounds, about 29% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series C rounds (top funding stages).
  • Majority of deals are located in Brazil, Argentina, United States.
  • Strong thematic focus on AgTech, FinTech, Financial Services.
  • Led 1 rounds in the past year.
  • Typical check size: $500K – $2M.

Stage Focus

  • Series A (42%)
  • Seed (38%)
  • Series C (8%)
  • Series B (8%)
  • Series Unknown (4%)

Country Focus

  • Brazil (54%)
  • Argentina (21%)
  • United States (13%)
  • Mexico (8%)
  • Canada (4%)

Industry Focus

  • Agtech
  • Fintech
  • Financial Services
  • Agriculture
  • Farming
  • Internet
  • Information Technology
  • Artificial Intelligence (Ai)
  • Lending
  • Biotechnology
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does SP Ventures frequently co-invest with?

Yara Growth Ventures
Europe, Oslo, Norway, Oslo
Co-Investments: 4
Syngenta Ventures
Europe, Basel-Stadt, Switzerland, Basel
Co-Investments: 5
Fall Line Capital
North America, California, United States, San Mateo
Co-Investments: 3
Barn Investments
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 5
Acre Venture Partners
North America, California, United States, Santa Monica
Co-Investments: 4
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 3
Provence Capital
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 5
GLOCAL
South America, Santa Fe, Argentina, Rosario
Co-Investments: 5
Valor Capital Group
North America, New York, United States, New York
Co-Investments: 4
Continental Grain Company
North America, New York, United States, New York
Co-Investments: 4

What are some of recent deals done by SP Ventures?

AgroAdvance

São Paulo, Sao Paulo, Brazil

AgroAdvance is an agribusiness teaching platform that provides solutions in education and experimentation for the agriculture business.

AgricultureAgTechEducationFarming
Series UnknownMay 8, 2025
Amount Raised: $1,677,852
Puna Bio

Buenos Aires, Distrito Federal, Argentina

Puna Bio develops biological inputs for agriculture that increase yields, reduce carbon emissions, and restore degraded soil.

AgricultureAgTechBiotechnology
Series AApr 22, 2025
Amount Raised: $16,805,209
Blooms

Wilmington, Delaware, United States

Blooms is a financial services company that offers trade finance and global payments solutions for produce exporters.

AgTechFinTech
SeedApr 2, 2025
Amount Raised: $2,600,000
Agrolend

São Paulo, Sao Paulo, Brazil

Agrolend is a digital bank that provides credit for the agribusiness sector.

AgTechCreditFinancial ServicesFinTechLending
Series COct 18, 2024
Amount Raised: $52,698,145
goFlux

São Paulo, Sao Paulo, Brazil

GoFlux is a SAAS platform that allows companies to connect to service providers such as carriers and logistics operators.

ComplianceGreenTechInformation TechnologySaaSSupply Chain Management
Series AApr 10, 2024
Amount Raised: $5,920,079
Verqor

Coyoacán, Distrito Federal, Mexico

Verqor is a platform that gives cashless credits to farmers for productive purchases.

AgTechFinanceFinancial ServicesFinTech
SeedSep 21, 2023
Amount Raised: $4,000,000
Arado

São Paulo, Sao Paulo, Brazil

Arado is a platform for SMB farmers, providing supply chain and business solutions.

AgricultureAgTechFarming
Series AApr 25, 2023
Amount Raised: $11,870,375
Agrolend

São Paulo, Sao Paulo, Brazil

Agrolend provides credit for Brazilian farmers with an easy, digital and bureaucracy-free process

AgTechFinancial ServicesFinTech
Series BNov 8, 2022
Amount Raised: $28,000,000
Puna Bio

Buenos Aires, Distrito Federal, Argentina

Puna Bio develops biological inputs for agriculture that increase yields, reduce carbon emissions, and restore degraded soil.

AgricultureBiotechnology
SeedSep 1, 2022
Amount Raised: $3,700,000
Verqor

Coyoacán, Distrito Federal, Mexico

Verqor is a platform that gives cashless credits to farmers for productive purchases.

AgTechFinanceFinancial ServicesFinTech
SeedJun 14, 2022
Amount Raised: $2,500,000