Venture money has vanished from Brazilian agtechs. That could be an opportunity
Down 79% in the half-year, while abroad the sector keeps raising billions.
To save you time3
- How big was the drop?
- 79% in 1H26: R$94.7 million across only eight deals, according to Itaú BBA.
- Is it a global crisis?
- No. Worldwide, 205 agtechs raised US$2.03 billion in Q3 alone.
- Why Brazil?
- High rates (Selic at 13.75%) and tight farm credit, which cuts customers' ability to buy technology.
Read the full analysis +
A number worth keeping: venture capital in Brazilian agtechs fell 79% in the first half of 2026. That's R$94.7 million across just eight deals, according to Itaú BBA.
It's not the world, it's Brazil
Abroad, money keeps flowing. In Q3 alone, 205 agtechs raised US$2.03 billion worldwide, per the Global AgTech Initiative.
Why it dried up here
Two things. High rates: with the Selic at 13.75%, funds' opportunity cost is huge. And tight farm credit: an indebted grower cuts technology first.
Who's still writing checks
Small rounds focused on data and AI: Agrorobótica (AI + laser soil analysis) raised a seed round with VOX Capital; traceability startup Ecotrace got money from GS1 Ventures.
The part that matters
The paradox: large-scale agribusiness is adopting AI and precision farming, it's just buying from multinationals. If you have cash (trader, co-op, bank), the timing is good: low valuations and little competition for assets. If you're a founder, think M&A before the next round.