The former investment manager of Syngenta Group Ventures plans to expand the CVC arm of FMC Corporation, a US agriculture company.

Mark Brooks

The former investment manager of Syngenta Group Ventures, the investment arm of the Chinese-owned seeds and pesticides company, has moved to head up FMC Ventures, the CVC arm of US crop protection company FMC Corporation.

Brooks started in his new role as managing director of FMC Ventures three weeks ago. The fund, which was set in 2020, focuses on emerging technologies in the agricultural industry.

FMC Ventures has five agtech startups in its portfolio. Brooks told GCV the company wants to expand its investments. Sectors of interest include biologicals, which are crop protection products derived from living organisms, and precision agriculture.

Brooks will continue to be based in the Research Triangle Park in North Carolina, the largest research park in the US, where he also worked at Syngenta Group Ventures.

While at Syngenta Group Ventures, the venture capital fund of agriculture company Syngenta Group, Brooks co-developed a new investment strategy which included a focus on fintech, automation and climate tech.