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Francisco Jardim (SP Ventures)

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Francisco Jardim (SP Ventures)

  1. 1. 1 AGVENTURES October 2022
  2. 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. 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. 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. 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. 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. 7 Institutional Limited Partner Base CurrentFundSizeUS$59MM AgVentures II Current LPs
  8. 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. 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 with this presentation. Neither this presentation nor any of its contents may be used without the prior written consent of the Company.

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