![]() The company leverages sensors, computers, and displays in farm equipment to give customers a valuable set of real-time, in-field data on their crops, equipment, inputs, and weather conditions. Since its launch, Solinftec has been developing solutions designed to answer the practical challenges associated with managing complex farming operations being faced by growers. headquarters established in West Lafayette, Indiana, in November 2018 where the company established operations at the Purdue Research Park in Tippecanoe County. Little more than two years (and one pandemic) later, and the company announced its closing on $60 million in growth capital led by the Lightsmith Group that it stated it will use to further expand its digital farm platform in North and South America.Īdditional participants in the round included existing investors Unbox Capital, which led Solinftec’s $40 million Series B in February 2020, and Circularis Partners, along with other unidentified backers.įounded in São Paulo in 2007 by a team of seven engineers led by Britaldo Hernandez, Solinftec today has operations across two continents, with headquarters in Aracatuba, São Paulo, Brazil, and U.S. It wasn’t long ago that precision agtech leader Solinftec broke the record for the largest agtech funding round in Latin America (it was February 2020 as a matter of fact). By Lynda Kiernan-Stone, Global AgInvesting Media
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