Agri-Investor Highlights Finistere’s Latin America Agtech Coverage.
In a recent article, Agri-Investor covers Finistere’s conclusions for Agtech investment in Latin America. From the article:
The relatively early stage of development of Latin America’s burgeoning agtech markets makes traditional distinctions between venture capital, corporate and private equity investors less relevant in the region, according the authors of a report.
Ingrid Fung, an associate at California-based Finistere Ventures, told Agri Investor the overlap between accelerator venture stages of investing is particularly high in the region.
“There’s a lot of corporate VCs that are active there and funds that we would normally classify as private equity funds by Pitchbook’s definition that were active in the venture capital, early stage investment market in Latin America,” she said. “If we had included those backing statuses and filtered through them, we would have lost a lot of deal activity that was relevant.”