![]() ![]() We are impressed by its trajectory and growth potential, a Company that thrives on innovation by understanding the needs and challenges in the field”, mentioned Cristina Penteado, Managing Director and Head of Brazil of Blue like an Orange Sustainable Capital.īy exploring new technological frontiers, Solinftec helps changing the way food is produced in the field. It is very exciting to partner with the founders and investors of Solinftec. “Sustainable agriculture is critical for climate change and food security a priority within our investment mandate. Through the efficient use of resources, including fossil fuels and agrochemicals, the Company’s solutions allow producers to reduce greenhouse gas emissions and the environmental impact of the agricultural process. Solinftec’s solutions can help clients to achieve an increase of 30%+ in productivity and efficiency.Īgriculture is among the largest contributors to climate change, being the world’s second-largest source of greenhouse gas (GHG) emissions, with precision agriculture management practices regarded by the Organization for Economic Cooperation and Development (OECD) as key for improving energy efficiency in the agricultural production chain. The Company’s artificial intelligence platform, ALICE AI, is powered by proprietary in-field data collected from the 27+ million acres of monitored area―over half a billion pieces of data on crops, equipment, inputs, and weather conditions from the field each day―providing farmers with real-time actionable insights related to planting, spraying, fertilizing, and harvesting to increase yields, which generates cost savings through reductions in fuel and agricultural inputs and reduces yield volatility. Disruptive technological solutions offered by Solinftec contribute to agriculture overcoming its biggest challenge. The challenge is intensified by agriculture’s extreme vulnerability to climate change, with climate variability accounting for one-third of the fluctuation in agricultural productivity worldwide. Global agricultural production needs to increase by 60% to meet estimated demand by 2050, according to estimates from the Food and Agriculture Organization (FAO). and Purdue University, and in Canada, with Stone Farms and the University of Saskatchewan. The technology is also in tests in the United States, in partnership with GROWMARK, Inc. The investment is part of the recent investment round that raised $60 million in convertible debentures, aiming the scale development and expansion of the company’s new robotic platform, Solix AG Robotics, which was announced and commercially launched in Brazil in April 2022. The Company monitors more than 85%+ of the sugarcane operations in Brazil, in addition to the grain, fiber, and perennial crops markets, such as citrus, coffee, and forestry. Founded in 2007, the Company develops innovative technological solutions that allow its clients to optimize agricultural processes, increasing productivity and sustainability in the field. Funding will contribute to the achievement of several United Nations Sustainable Development Goals, most importantly SDG 12: Ensure sustainable consumption and production patterns.īlue like an Orange Sustainable Capital has invested alongside the Lightsmith Group and Unbox Capital in an investment round in Solinftec (“Company”), a leading precision agriculture company with operations in Brazil, the United States and across Latin America.The transaction will allow the Company to accelerate expansion of its digital farm operations platform, ALICE AI, and its robotics solution, Solix Ag Robotics, in North America and South America.Investment provided by Blue like an Orange Sustainable Capital aims to promote efficient and sustainable farming through Solinftec’s innovative technology. ![]()
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