THE YIELD LAB LATAM FULFILLS BUSINESS AGENDA IN EUROPE IN SEARCH FOR NEW INVESTORS

The Yield Lab Latam team is embarking on a strategic visit to Europe for the final stage of its third fund, targeted at US$50 million.

Recognized as the venture capital manager which invests the most in early-stage startups with the largest presence and experience in the segment throughout Latin America, The Yield Lab Latam will participate in an important agenda in Europe in the coming weeks. Beyond finding partners at the annual meeting, the team's focus is to present the third fund to potential European investors interested in the Latin American region. The new fund will conclude later this year with a total of US$50 million to invest, over the next four years, in 30 new startups in Latin America.

On the agenda, there is a visit to the World Agritech Summit in London, September 26th and 27th, and to the main Agricultural University in Europe (Wageningen) as well.

The important partnership signed this year with the Swiss multinational Nestlé will also be in focus during the team's visit to Europe. After Nestlé's investment at The Yield Lab, a group of representatives from TYL Latin America and YL Europe are preparing themselves to visit the company's headquarters in Vevey, Switzerland. “The central objective of the visit is to outline the plan for 2024 and evaluate the progress made during the intense first six months of collaboration. The same way as the open innovation programs with partners such as Bimbo, SQM, Surcos and Grupo Gloria runs, for Nestlé we are focusing efforts on identifying opportunities and challenges in the value chain in key countries such as Mexico, Brazil, Argentina, Peru , Panama and Chile”, says Santiago Murtagh, Managing Partner The Yield Lab Latam.

Considering Nestlé and other partners, TYLL's goal is to expand its collaboration to Colombia, Ecuador and more nations in Central America and the Southern Cone.

“In essence, our goal is to merge the capillarity of our local networks with global visibility granted by our partners on four continents. This synergy is vital to establish a link that connects our investors to strategic opportunities, promoting innovative solutions for the sustainable production of healthy and accessible food for future generations”, adds Murtagh. In addition to the mentioned companies, TYLL recently presented other partners, such as BID - Inter-American Development Bank, Nesters and Rural Ventures.

European investors and companies linked to agri-food and impact systems are looking for the exposure and opportunities offered by Latin America in the segment. Roberto Vitón, Managing Partner at TYLL, explains this interest in some cases is more strategic and linked to supply chains or relevant markets for those companies, and in other cases it is more linked to the potential impact the investments in our portfolio can generate. “In this way, this trip allows us to explore collaboration opportunities with those investors, sharing the experience we have developed and showing all the potential ahead”, says him.

AgriFoodTech innovation has reached new horizons. And The Yield Lab has been a strategic partner leading this new global moment. Therefore, this second semester has been promising. After all, the investment manager is very close to achieving its third fund and, in addition to Europe, an agenda will soon also be accomplished in the United States. “We will explore synergies and gain new insights for our business”, concludes Kieran Gartlan, Managing Partner at TYLL.