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The Venture Codex

Syngenta Group Ventures

629 Davis Drive, Durham, NC, 27709, USA

Overview

Syngenta Group Ventures is a venture capital arm of Syngenta Group. Its mission is to shape the future of agriculture and food through technology and business model innovation.

Total investments
13
Lead investments
2
Investments · 12mo
2
Active investors
2
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Investment portfolio

  • AgZen

    Participated · Series B · Mar 2026

    AgZen develops RealCoverage, a system that measures how much spray reaches leaf surfaces in real time and provides actionable recommendations to improve spray targeting. Its sensors detect droplets as small as 150 microns, capture data every few inches, and operate at sprayer speeds up to 18 miles per hour. Led by CEO Vishnu Jayaprakash, the company has sold out its 2026 production allocation. Following the Series B, AgZen plans to accelerate product development. The company also announced a partnership with Syngenta AG and received a strategic investment from Syngenta Group Ventures. No revenue or user metrics were disclosed in the article.

  • Ascribe Bioscience

    Participated · Series A · Oct 2025

    Ascribe Bioscience is an Ithaca, NY-based agricultural technology company founded in 2017 out of research at the Boyce Thompson Institute at Cornell University. The company’s small-molecule platform taps compounds from the soil microbiome to create environmentally friendly crop-protection products that match the ease of use and cost profile of conventional chemicals. Its lead product, Phytalix, is positioned as a broad-spectrum “biofungicide without compromise,” offering sustainable disease control alongside practical on-farm performance. Ascribe plans to ramp manufacturing and begin early commercialization, targeting first regulatory approval in Brazil later this year with the United States and additional markets to follow. Proceeds from its recent financing will also advance further R&D on next-generation natural crop-protection solutions. While the company has not disclosed revenue or user metrics, investors cite “dramatic yield gains” in field trials as validation of its technology. Overall, Ascribe aims to provide farmers worldwide with highly effective, sustainable tools to improve crop resilience and yields.

  • Agrolend

    Led · 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.

  • Greeneye Technology

    Participated · Equity · Apr 2024

    Greeneye Technologies, founded in 2017 and led by CEO Nadav Bocher, develops AI-enabled precision spraying technology to offer sustainable alternatives to conventional crop protection. The company harnesses AI and deep machine learning to make intelligent, real-time decisions in the field that are proven to cut chemical use and improve weed-control efficacy versus standard broadcast spraying. Greeneye aims to increase productivity and profitability for farmers while addressing environmental challenges and global food production demand. The firm plans to use the new funding to scale its U.S. operations, advance the technology's analytical capabilities, and extend usage to new inputs and crops. Financially, the company announced a $20M funding raise led by Deep Insight. Greeneye Technology makes an AI-based precision spraying system that retrofits existing machines with cameras and sensors so the system recognizes weeds in real time and sprays only targeted areas. In on-farm field trials the system reduced non-residual herbicide use by an average of 86% while achieving the same weed control and yield as traditional broadcast spraying; a University of Nebraska–Lincoln ARD trial showed an 87% reduction in post-emergence use and a 94% reduction in burndown applications. Greeneye reported trial cost savings of $24.70/acre for pre-emergence and $40.50/acre for post-emergence applications. The company launched the technology in early 2022, said demand exhausted available units for 2023, and treated “tens of thousands of acres” last year. Greeneye plans to scale commercial deployments via partnerships and is targeting a U.S. launch with FBN members for the 2024 growing season, with expansion to Canada and possibly South America under consideration. The product is positioned to lower input costs, improve efficacy, and enable new crop-protection programs by making precise spraying more affordable. Greeneye develops proprietary AI-enabled precision spraying technology that uses deep machine learning to enable intelligent, real-time decisions for precise application of herbicides and other chemicals. The company announced the commercial launch of its technology in October 2021. Greeneye completed a $22M funding round to support commercialization and growth. Proceeds will fund a U.S. commercial launch in 2022 and expansion across North America in 2023, and will be used to advance analytical capabilities and extend use to new inputs and crops. Ahead of these milestones Greeneye will double its R&D team in Israel and its sales and operations team in the U.S. The company was founded in 2017 in Tel Aviv by CEO Nadav Bocher. Greeneye Technology, founded in 2017 and based in Tel Aviv, develops an artificial intelligence platform to detect and spray weeds in real time. Its selective spraying (SSP) system can integrate into any agricultural sprayer by retrofitting existing sprayers or via collaboration with sprayer manufacturers to deliver plant-level variable-rate spraying. The platform maps entire fields with cameras at plant-level resolution and enables targeted, selective applications. The company intends to use the funds to advance product research and development and to expand strategic partnerships with sprayer manufacturers and other stakeholders. Greeneye has attracted participation from both venture and industry investors. Following the round, JVP Partner Michal Drayman and Syngenta Ventures' Managing Director Shubhang Shankar joined Greeneye's board.

  • ProducePay

    Led · Series D · Feb 2024

    ProducePay offers a combination of supply-chain monitoring tools and financing products to help fresh produce growers and distributors manage volatility and reduce waste. The company supplies working capital for operating expenses, tech upgrades and land acquisitions, and extends post-harvest liquidity to improve growers' cash positions. ProducePay also bundles financial products with supply-chain visibility and agronomy support through “predictable commerce programs” that lock in pricing and volume before the growing season. Its platform connects growers and buyers across a network of roughly 1,000 clients and covers more than 60 commodities across 20 countries. Financial traction includes having funded more than $4.5 billion in harvests, revenue growth of 76% year over year (compared to 2022), trade volume up nearly 3x and transaction volume on track to reach $2 billion by late 2023. The company employs about 300 full-time staff and plans to expand into Europe, Asia, Africa and Australia. ProducePay provides a product suite for the fresh produce industry that includes grower financing, market pricing data and analytics, and a marketplace connecting growers, distributors, and suppliers. Its financing products cover every stage of the harvest cycle with flexible payment terms, funding in two weeks or less, and no obligation to pay until produce ships. The company’s Insights and InsightsPro platforms are used by more than 10,000 growers and distributors for real-time pricing data and analytics, and its marketplace includes over 700 vetted growers and distributors. ProducePay has financed $3 billion of produce across 12 countries in North and South America. Founded in 2014 by CEO Pablo Borquez Schwarzbeck and based in Los Angeles, the company plans to use new capital to invest in technology development and infrastructure, grow its direct sales team, and expand further throughout Latin America. ProducePay offers farmers cash advances throughout the growing season and buys produce ahead of delivery, positioning itself as an intermediary between distributors, growers and grocers. The company operates a centralized marketplace that launched in October and bundles pricing and payment certainty for growers with better pricing for supplies and services such as seed, equipment and logistics. Since its 2015 launch the marketplace has seen $1.5 billion worth of produce flow across it, with $750 million of those transactions occurring in the last year. The marketplace has already seen $100 million in purchases since its October debut. ProducePay is based in Los Angeles and is led by founder and CEO Pablo Borquez Schwarzbeck. The company plans to use new financing to expand its purchasing model and marketplace to empower more farmers and distributors. ProducePay supplies fresh-produce farmers and distributors with short-term financing, online trading tools and market data to increase cash flow and transparency in the supply chain. The company created a way to securitize perishable produce as a financial asset using technology. It provides immediate access to financing for growers and distributors in the United States, Mexico, Canada, Honduras and Chile. ProducePay financed $400M of produce in 2017 (up from $17M in 2015) and has financed over $850M of produce in under four years, providing liquidity to more than 600 growers and distributors across six countries. The company has launched online trading and data-insight tools to streamline sales, discovery and real-time pricing. ProducePay was founded in 2015 and is based in Los Angeles. The Series B will be used to scale its financing business and to develop its software platform. ProducePay is a Los Angeles-based fintech that helps farmers better manage cash flow. It offers next-day advances on produce when shipments go to suppliers, provides pre-season advances, and operates its own market for distributors. The company’s product suite centers on cash-flow advances tied to produce shipments and a marketplace for distributors. ProducePay raised $77M in funding split between $7M in equity and $70M in debt. The funding was led by CoVenture with participation from Menlo Ventures, Arena Ventures, Red Bear Angels, Social Leverage, and Moonshots Capital. ProducePay is led by Pablo Borquez Schwarzbeck; the source of the debt funding was not announced.

Team

  • Feroz Sheikh

    Chief Information & Digital Officer

    LinkedIn
  • Jason Gabriel

    Managing Director

    LinkedIn