July 22, 2021

5 minute reading

This article is from our Spanish version Use artificial intelligence technology. There may be errors in this process.

This Visa Foundation with Village capital -The world’s largest organization supporting early-stage startups-Announced 20 startups selected Latin American Food’s Future 2021 Plan .

The call seeks entrepreneurs to establish high-growth projects in the fields of agricultural technology and food technology, and has received 117 applications from 15 countries in the region, such as: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Mexico, Panama, Paraguay, Peru, Saint Lucia and Uruguay.

These are selected companies:

Agros (Piura, Peru) Create virtual identities for farmers who cannot verify their business, enabling them to access services that they would otherwise not be able to obtain.

Bio-natural solutions (Lima, Peru) Reuse tropical fruit residues to develop a safe and natural protective measure for fruits and vegetables, double the shelf life, and 100% non-toxic.

Pure science (Santiago, Chile) Improve field productivity through software (IoT), which can illuminate plants at different growth stages when natural light is insufficient.

Kiyoba (San Jose, Costa Rica) has created a natural and completely non-toxic fungicide that improves plant growth and reduces health risks for farmers and consumers.

Costa Rica Insect Company (Cartago, Costa Rica) Create insect-based nutrition solutions, 0% waste, and solve food shortages and malnutrition problems. Compared with current animal protein solutions, the water and space used are reduced by 90%.

Source: VillageCapital

Digital Twin Company (Guatemala, Guatemala) Help farmers make decisions through predictive information generated by its prototype IoT platform, which uses fruit-shaped devices to move with real fruits in the supply chain to obtain information.

Well done company (Santiago, Chile) Use microorganisms and fermentation technology to transform raw materials to obtain 100% natural and sustainable protein.

broad bean (San Leopoldo, Brazil) Extract protein from chickpeas in a sustainable way.

Fortop Technology (Santiago, Chile) Convert agricultural residues into mushrooms that can be used in different industries, for example, as a flavor and protein enhancer in the food industry.

Master Company (Rodney Bay, Saint Lucia) operates a digital market that helps farmers adjust production to future needs.

Drive beam (Florianopolis, Brazil) Provides the “Manejechat” application, which helps small farmers communicate with technicians to solve problems that may arise during the harvest.

Plant Team (Mexico City, Mexico) Develop plant protein with nutritional balance and environmental awareness.

ride (Santiago, Chile) operates a digital marketplace that sells food waste from local restaurants at low prices.

Savitic (Buenos Aires, Argentina) Develop software that tracks supermarket products to analyze data and predict trends to reduce waste.

Sensa Technology (São Paulo, Brazil) operates a platform that can monitor crops and collect information to identify and predict pests.

Sensix (Minas Gerais, Brazil) Use drones and artificial intelligence to map soil fertility and other information to improve decision-making and predict productivity.

Sowing company (Bogotá, Colombia) allows its users (usually restaurants) to buy virtual equivalents of land managed by local farmers, where they can harvest what they consume and eliminate middlemen.

Su Yana (Santiago, Chile) Provide weather insurance for catastrophic agricultural risks in places with little historical information.

Earth theory (Santiago, Chile) Real-time analysis of pollinator abundance to increase crop yields.

UrbanaGrow (Santiago, Chile) Created a modular farm that can be placed anywhere and can grow vegetables all year round.

Participating entrepreneurs will benefit from Village Capital’s experience, which includes contacts and personalized guidance with potential customers, investors, and industry experts. In addition, two projects (from each of the 2 cohorts) will be selected from the participants to obtain $20,000 in funding to support their operations.

The selected start-up companies are affecting the livelihoods of farmers, feeding a growing population, preventing food waste, and increasing agricultural productivity.


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