Tech Company Financing Transactions
Agrolend Funding Round
Agrolend closed a $53 million Series C funding round on 10/18/2024. Investors included Creation Investments, Syngenta Ventures and B3 Capital.
Transaction Overview
Company Name
Announced On
10/18/2024
Transaction Type
Venture Equity
Amount
$53,000,000
Round
Series C
Investors
Proceeds Purpose
Additionally, the company has increased its capital base to approximately $100m, which will enable them to expand its credit offerings to industries, retailers, and cooperatives without increasing its leverage ratio, in line with its history of low-risk growth.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Rua Joaquim Floriano, 960 9th fl
São Paulo, 04534-004
BR
São Paulo, 04534-004
BR
Phone
Website
Email Address
Overview
Agrolend was born to revolutionize the agribusiness market for small and medium rural producers in Brazil, through the granting of sustainable credit, necessary to finance the development of agricultural production and encourage investment in equipment and technology, which increase their productivity and profitability.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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