
SP Ventures
Rua Pais de Araujo, 29, Andar 14 Conj 141 142 143, Sao Paulo, 04531090, Brazil
Overview
Portfolio (Fundo de Inovação Paulista) Launched in 2014, Fundo de Inovação Paulista (FIP) is a R$ 105 Million Venture Capital Fund that counts with top tier Limited Partners: Desenvolve SP, FINEP, FAPESP, Sebrae-SP, CAF, and Jive Investments. FIP is focused on technology-based startups located in the state of São Paulo, the most important economic pole in Brazil. Investment tickets vary from R$ 2 Million to R$ 6 Million per company, on average, but can reach R$ 15 Million including follow-ons. Track-Record (Fundo Criatec I) SP Ventures was established in 2007 as the Venture Capital firm responsible for Criatec I Fund’s investments in São Paulo. Criatec I was a cornerstone in Brazilian Venture Capital Industry led by BNDES and BNB. From 2007 to 2013, over 1,200 companies were analyzed and 8 investments were made by SP Ventures. Entrepreneurs We back technology-based companies in the segments of Agricultural Technologies; Information and Communication Technologies; Health Technologies; New Materials; and Nanotechnologies. We seek investment opportunities with the following profile: - Passionate entrepreneurs with solid technical background and market-orientated attitude - Proprietary technology with high scalability potential - Large proportions targeted-market - São Paulo based - Annual Revenue inferior to R$ 18 Million"
- Total investments
- 29
- Lead investments
- 14
- Investments · 12mo
- 1
- Active investors
- 9
Sector focus
- Agriculture
- Information and Communications Technology (ICT)
Investment portfolio
- Aimirim
Led · Seed · May 2026
Founded in 2016 in Uberlândia, Aimirim develops industrial digitalization solutions delivered via its proprietary Tupana platform, offering real-time automation, digital twins, IoT sensor management and industrial data analytics. Its platform provides predictive control and AI on the factory floor across sectors including agronegócio, mining and cellulose. Aimirim counts clients such as Raízen, British American Tobacco, Mondelez and Agropalma and reports concrete outcomes like R$1 million saved per harvest for Raízen and elimination of 65 tonnes of CO₂ per year for BAT. The company says it has been EBITDA-positive and generates revenue in dollars, though it has not disclosed exact figures. Aimirim plans to use the new capital to triple its customer base, hire sales and commercial teams, and invest R$5 million to build a proprietary PLC expected by year-end. The team includes cofounders Renato Pacheco Silva (CEO), Felipe Adriano Gonçalves (CTO) and Camila Borges (operations director).
- Blooms
Led · Seed · May 2025
Blooms provides an AI-driven platform that delivers trade finance, payments, and tailored FX solutions to Latin American produce exporters serving US and Canadian markets. The company’s tools aim to give fast access to working capital, simplify cross-border transactions, and improve cash flow for growers. Blooms was built by a team with expertise in fintech, agtech, and data science and is led by founder Francisco Meré. The startup’s mission is to strengthen the produce supply chain, reduce food waste, and contribute to lower and more stable food prices in North America. Blooms plans to use its technology to enable exporters to invest in sustainable farming and expansion. Financially, the company recently completed a seed funding round to accelerate these efforts.
- Agrolend
Participated · Series C · Oct 2024
Agrolend operates a lending platform that provides credit at the point of sale for agricultural inputs (seeds, crop protection, crop nutrition) using CPR-F contracts signed via farmers’ WhatsApp. The company leverages a distribution network of more than 150 partners—retailers, industries, and cooperatives—and operates in over 15 Brazilian states across crops including soybeans, corn, coffee, sugarcane, fruits, vegetables and livestock. Agrolend finances loans through issuance of time deposits targeted to agribusiness (LCAs) distributed on major investment platforms. The company has nearly $100M in total funding and reports a capital base of approximately $100M following the latest round. Management says the capital increase will let Agrolend expand credit offerings to industries, retailers and cooperatives without raising its leverage ratio, continuing a history of low‑risk growth. Its stated goal is to grow the credit portfolio to $600M and serve about 10,000 small and medium‑sized farmers. Agrolend is a São Paulo-based financial institution that provides credit to small and medium-sized farmers in Brazil through a digital platform. Led by CEO Andre Glezer, the company originates and formalizes loans in a digital environment via smartphone, partnering with input and equipment distributors, industries and agtechs to finance technology. It operates in more than ten Brazilian states across crops and sectors including soybeans, corn, coffee, sugar cane, fruits, livestock and dairy cattle. Agrolend is targeting expansion to serve up to 10,000 small-to-medium sized farmers and increase its loan book to R$2 billion for the 2023/24 crop season. The company expected its loan book to reach R$250 million by the end of 2022 and will increase equity to R$220 million after the Series B. The business combines digital origination with partnerships and capital markets solutions to scale agricultural credit across Brazil. Agrolend offers a 100% digital credit product for small and medium agricultural producers, with a fast, low-friction underwriting process that completes in under five days and typically does not require physical collateral. The company uses advanced technology to enable an innovative credit model focused on financing diverse agricultural productions and investments in equipment and new technologies. Agrolend emphasizes ESG and social impact by targeting underserved producers across more than 10 Brazilian states and roughly 100 municipalities. Founded in December 2020, the startup says it is currently doubling in size every month. The recent capital will support growth of the credit portfolio, expansion of the team, and improvements to the platform and credit model. Management aims to scale the loan book to R$1 billion and reach 5,000 customers within two years. Agrolend offers an online loan origination platform for small and medium-scale farmers, using advanced technology and innovative credit analysis to underwrite loans without physical collateral. The company partners with traditional agricultural inputs players and supply-chain participants to originate loans and reach growers. Loans range from 50,000 to 300,000 Brazilian reals, run for up to one year, and are repaid after harvest; some loans can be issued as soon as 24 hours after request. Agrolend says it offers lower interest rates than traditional banks and operates the entire process digitally. Founded in December 2020 and based in São Paulo, the startup raised seed capital to scale lending and build its team. It plans to structure a fund that will receive and hold originated loans, with Agrolend selling loans to that debt investment vehicle to enable much larger lending capacity.
- Leaf Agriculture
Participated · Series A · Jul 2024
Founded in 2021 and based in San Francisco, Leaf Agriculture provides a data infrastructure platform that unifies and cleans farmer-owned data from machines, soil labs, weather stations, satellite imagery, and farm management systems. The company positions itself as the connective layer for agriculture, used by crop insurers, ag retailers, seed and chemical companies, compliance and sustainability partners, food processors, and commodity traders. Leaf says its platform enables crop insurers to pay claims in days, helps retailers deliver field-specific seed and chemical outcome models, and saves farmers hundreds of hours of manual data entry. The company processes data covering over 20% of global crop acres annually. Leaf raised a $13M Series B co-led by Leaps by Bayer and industry strategic investors, which it says will help expand its partner network and scale its data services.
- Leaf
Participated · Series A · Jul 2024
Leaf is a New York–based startup that ingests farms' unstructured data, standardizes it, and serves it through an API to customers such as crop insurance providers and agtech companies. The company charges customers based on how many acres their data is harvested from and now works with more than 80 companies, including Bayer and Syngenta. Leaf began selling in mid-2021 after reverse-engineering many farm data file types to build its infrastructure layer. The startup recently raised an $11.3 million Series A and plans to use the capital to build out a commercial go-to-market team and scale sales beyond the CEO. Product plans include improving data quality and accuracy to support customers using the data as inputs for AI prediction models. Leaf is also exploring end-to-end offerings that could replace cloud providers for some customers. Based in Los Angeles, Leaf builds a unified farm-data API that lets developers send and receive user-permissioned agricultural data in a consistent, standardized way. Its API is used across use cases including carbon and sustainability tracking, farm management, lending and insurance, biotech, marketplaces, agronomy, traceability, and maintenance forecasting. Companies representing over 200 million acres are already using Leaf’s platform to build and scale products. Leaf says its product eliminates the need to build and maintain multiple integrations and backend infrastructure, accelerating product development timelines. The company raised $5 million in seed financing and plans to use the capital to grow its commercial, customer success, and development teams globally. Leaf also intends to add support for new data types and launch new services such as Field Operations to expand its offerings. Leaf provides a developer-focused API network that connects apps and services to farm data from equipment, sensors, and software platforms. Developers use Leaf’s API to build and scale products including farm management software, lending products, carbon removal marketplaces, outcome-based financing, input and land marketplaces, traceability applications, and equipment maintenance forecasting. The company says its API supports all major agriculture brands and that hundreds of applications and thousands of end users are built on and using Leaf. Leaf was founded in 2018 with a mission to lower barriers to entry in food and agriculture technology by providing developer-friendly farm data infrastructure. The startup raised a $2 million seed round to enhance its products, grow the team, expand its integration network, and engage international markets. Leaf positions itself as infrastructure to improve farmer profitability, environmental outcomes, and accessibility across the food system.