Francisco Jardim's presentation for 'Good practice, better finance' session at Bonsucro Global Week 2022.

1. 1
AGVENTURES
October 2022

2. 2
2012 2014 2015 2016 2017 2018
SPVENTURES
STARTED SECTOR-AGNOSTIC; TODAY, AGFOOD TECH CENTRIC
2019 2020 2021
2009 2010 2011 2013
SP VENTURES:
LEADING BRAZILIAN VC FIRM
- Raised AgVentures I – final
close at (R$105 m)
- Top 5 (2013) largest early-
stage VC funds in Brazil from
diversified LP base
- Agnostic fund, but with 70%
exposure in Ag
EARLY YEARS SP VENTURES
- Won bid to manage
CRIATEC-SP |
- Created own proprietary
deal analysis
methodology
- Implemented portfolio
monitoring & value add
system
Deals:
8
Deals:
29
Deals:
46
2022
Exits
SP VENTURES:
LEADING AGFOOD LATAM VC FIRM
- Raised AgVentures II – final close at
(U$ 59 m)
- 1st AgFood centric early-stage VC
fund in Latam
History

3. 3
THEREISNOTURNINGBACK
AGFOOD TECH IS THE ONLY PATH
THE PROBLEM
Food demand will rise by 60-80% by 2050
Source: Goldman Sachs Global Investment Research , Cibus fund and EMBRAPA
Farmers will have to grow more food in the
next 30 years than they have in the last
8,000 with less arable land, climate change
and fewer workers
Pushing
boundaries
through
biotech
Empowering
farmers
Disintermedia
ting supply
chains
Building
climate
resiliency
Birth of a tech
enabled
financial
industry
Cleaning up
the carbon
footprint
Democratizing
access to
agronomical
sciences
1 2 3 4
7
6
5
THE SOLUTION
AgFood tech transformation has the
potential to lift crop yields by 70%
Thesis

4. 4
Ag
and
Food:
26%
Non-Food:
74%
Land use for
Livestock
Land use for human food
Crops for
Human Food
Crops for animal feed
Livestock
Food Processing
Transport
Packaging
Retail
Supply Chain: 18%
Livestock and fisheries: 31%
Crop production: 27%
Land Use: 24%
Green Finance &
Enablers
Management Biologicals
Supply Chain Efficiency D2BC
Farm Alternatives
Crop Production Efficiency
SPV´s FULL PORTFOLIO TO TACKLE AND REVERT DAMAGE
THE PROBLEM
TRANSITIONINGTOWARDSASUSTAINABLEMODEL
FOOD & AGTECH AS PROTAGONISTS IN THE SOLUTION TO REVERSE CLIMATE CHANGE
Thesis
THE SOLUTION
Greenhouse gas emissions

5. 5
CONTRIBUTING
CLIMATE ADAPTATION
TECHNOLOGIES
CONTRIBUTING
NET ZERO TECHNOLOGIES Green Finance &
Enablers
Biologicals
Farm Alternatives
Crop Production Efficiency
Supply Chain Efficiency
Climate Proof Intelligence
CARBON NEGATIVE
BUILDINGALOWCARBONANDCLIMATERESILIENTAGRICULTURE
DELIVERING THE CLIMATE TECHNOLOGIES NEEDED FOR A CARBON NEGATIVE FOOD&AG SYSTEM
Thesis

6. 6
TROPICALAGRICULTURE-ANUNIQUEENVIRONMENT
UNFORESEEN COMPLEXITY WITH UNDER RESEARCHED PESTS AND DISEASES
2-3 harvests
per year
Integration of
crops, livestock
and forestry
Native pests,
diseases and
weeds
80% of global
biodiversity is
tropical
Accelerated
erosion due to
more rain
Greater soil
variation
Diverse and
variable
microclimates
Varying
photoperiods in
longitudinal
country
Born in the 70s,
turned soybeans
into a tropical
crop
Homegrown
biological
industry
Uniquely complex agribusiness conditions… Gave birth to a deep science ecosystem
Universities
playing key role
in high level
agfood R&D
ESALQ’s tech
ecosystem focused
on agfood in
Piracicaba/SP
As the complexity increases, greater
opportunities lie ahead for the
application of new technologies
Thesis

7. 7
Institutional Limited Partner Base
CurrentFundSizeUS$59MM
AgVentures II
Current LPs

8. 8
OURAREASOFINVESTINGINTHEAGFOODVALUECHAIN
SP VENTURES SUB-SECTOR FOCUS: HIGH PRIORITY INVESTMENTS
BIOTECH AG DIGITAL AND OTHERS
AGRICULTURE
LIVESTOCK
MID & DOWNSTREAM
ANIMAL BREEDING AND GENETICS
NUTRIGENOMICS
PROBIOTICS AND OTHER
SUPPLEMENTS
NEW PRODUTS FOR ANIMAL
HEALTH
UPSTREAM
LIVESTOCK MANAGEMENT
SYSTEMS
PRECISION LIVESTOCK FARMING
IOT FOR CATTLE MONITORING
FARM MANAGEMENT SYSTEMS
AG IOT, SOIL, CLIMATE AND
IRRIGATION SENSING
PRECISION AGRICULTURE
SOFTWARE
SOIL ANALYSIS
DRONE/UAV MAPPING
MACHINERY DATA AND
TELEMETRY
PEST AND DISEASE MONITORING
PLANT SENSING
BIOLOGICAL CONTROL FOR
INTEGRATED PEST MANAGEMENT
NEW MICROBES
HIGH PERFORMANCE FERTILIZERS &
INOCULANTS
PLANT GENETICS AND NEW TRAITS
GENOME DIAGNOSIS AND GENOME
EDITING
AG MARKETPLACES
IOT FOR CROP AND
INPUTS TRACEABILITY
NEW STORAGE SYSTEMS
NEXT GEN - INDOOR FARMING
IOT FOR FOOD QUALITY CONTROL
E-TRADING, AG-FINTECHS &
BLOCKCHAIN APPLICATIONS
SATELLITE IMAGERY FOR
YIELD ANALYSIS
AG CONTENT
NEW CROPS
PACKAGING & PRESERVATION
SOLUTIONS
FOODTECH
ALTERNATIVE PROTEINS &
NOVEL INGREDIENTS
CULTURED MEAT
RESTAURANT TECH & E-GROCERY
FOOD SAFETY AND TRACEABILITY
TASTING ANALYTICS
SMART KITCHEN, FOOD ROBOTICS
& NEW PROCESSING
BETTER-FOR-YOU PRODUCTS
Investment
Strategy
LIVESTOCK MARKETPLACE
AG EDTECH
FOOD DNVBs
CROSS
THESIS
LOGISTICS
FINANCIAL SERVICES
CLIMATE RESILIENCY
CRYPTO
CIRCLE ECONOMY
BLOCKCHAIN

9. 9
SP VENTURES GESTORA DE RECURSOS LTDA
Francisco Jardim
francisco@spventures.com.br
+55 11 96070-9494
Pais de Araújo street, 28, Itaim Bibi, 14º floor, CEP:
04531-090, São Paulo, SP, Brazil.
This presentation is for informationalpurposes only and does not constitute or form any part of any offer for sale or subscription of, or
solicitationof, any offer to buy or subscribe for any securities of SP Ventures Ltda.. Ag Ventures II Investment Fund (“Company”)or any of its
portfolio companies nor shall it or any part of it form the basis of, or be relied on in connection with, any contract, commitment or any
investment decision whatsoever in the United States or in any other jurisdiction. The summary informationherein does not purport to be
complete. The informationin this presentation should not be relied upon as any representation or warranty, express or implied, of the Company.
No reliance should be placed on the fairness, accuracy, completeness or correctness of the informationor opinions contained in this
presentation. The informationis subject to change without notice.
The past performanceof the Company is not necessarily indicativeof its future performance. This presentation may contain statements that
constitute forward-lookingstatements which involve risks and uncertainties. These statements include descriptions regarding the intent, belief
or current expectations of the Company or its officers with respect to the results of business operations and financialcondition, industry,
environment and future events and plans of the Company. Such forward-lookingstatements are not guarantees of future results, performance
or achievements. Actual results, performanceor achievements of the Company may differ from those expressed in the forward-looking
statements as a result of various factors and assumptions. By their nature, forward-lookingstatements involve risks and uncertaintiesbecause
they relate to events and depend on circumstancesthat may or may not occur in the future. In light of these risks and uncertainties, actual
events, results and developments could differ materiallyfrom those expressed or impliedby the forward-lookingstatements. Reliance should
not be placed on these forward-lookingstatements, which reflect the view of the Company or its officers as of the date of this presentation only.
The Company does not undertake any obligationto update or revise any of the forward-lookingstatements, whether as a result of new
information,future events or otherwise.
None of the Company or any of its respective affiliates,advisers or representatives shall have any liabilitywhatsoever for any loss howsoever
arising, whether directly or indirectly, from any use, reliance or distribution of this presentation or its contents or otherwise arising in connection
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