Raízen and SP Ventures team on agribusiness incubator to launch start ups

In Brazil, Raízen and SP Ventures, which manages investments in companies with agribusiness-related technologies, have joined forces to open Espaço Pulse. The business environment is geared towards agribusiness startups and is located in the Agtech Valley, in Piracicaba, in the interior of São Paulo.

The city is home to the national sugarcane industry and headquarters of ESALQ-USP. Pulse was created from the perceived increase in the volume of agribusiness startups around the country in recent months.

SP Ventures, manager of the São Paulo Innovation Fund, already has four investments in the city – Aegro, Inceres, Horus and Promip. In the coming months, new investments in companies of the region are expected. Pulse’s acceleration methodology is NXTP Labs, an Argentine accelerator with operations in Brazil and a partner in the project.