date:Nov 21, 2019
BASF Venture Capital, an investment arm of German chemicals company BASF Group, is among the primary investors in the first closing of the AgVentures II having committed US$4 million to the Brazillian fund. Managed by So Paulo-based SP Ventures, the fund focuses on start-ups from the Latin American agri-food sector and aims to support 20 to 25 new companies founded and headquartered in the region. For BASF Venture Capital, this represents the first investment in Brazil.
Cooperation between our