TechFlow news, according to Globenewswire, Brazilian blockchain-based agri-tech and data analytics company Agrotools has announced a $21 million funding round at a valuation of approximately $94 million. The round saw participation from Horácio Lafer Piva (Klabin), Pedro Paulo Campos (JP Morgan), Fátima Marques (Hay Group/Korn Ferry), Paulo Hegler (Toledo), Olivier Murguet (Nissan-Renault), KPTL, FIP Inovabra, and Ronaldo Galvani Jr.
Sergio Rocha, CEO of Agrotools, said the funds will be used to accelerate its expansion in the United States, Latin America, and other regions, while also increasing investment in technological development including artificial intelligence, blockchain, gamification, technology democratization, and satellite data sources.
