AgFunder-backed agricultural technology developer Solinftec has attracted $40m in a round led by private equity firm Unbox Capital.
Solinftec, a Brazil-based farm management software developer backed by investment, data and media company AgFunder, has secured $40m in a series B round led by private equity firm Unbox Capital, Bloomberg reported on Monday.
Private equity group TPG took part in the round through its TPG Art unit in an effort to avoid dilution of its existing stake. Unbox Capital invests on behalf of the Trajano family, the owners of e-commerce firm Magazine Luiza.
The equity funding was raised alongside…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
