Mindset Ventures Launches $52 Million Venture Capital Fund

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SÃO PAULO, Brazil and SAN FRANCISCO, May 26, 2021 (GLOBE NEWSWIRE) — Mindset Ventures, an international venture capital firm that supports the growth and development of groundbreaking companies, today announced Fund III, its new $52 million venture capital fund…

…A great example of a Mindset Ventures portfolio on an upward trajectory is Taranis, an Israeli agtech company that helps growers to maximize and stabilize yield from their crops through its advanced solution that tracks weeds and insects that would otherwise harm production.

As Taranis was looking to expand into Latin America, Mindset Ventures hosted its Founder/CEO Ofir Schlam for a Brazil roadshow in the countryside to connect him with a number of relevant farmers. Several months later, Mindset Ventures helped Taranis hire its local team.

Schlam said, “Brazil is a key growth market for Taranis and part of our global success strategy. With over 81 million farmed hectares, the precision and crop intelligence made possible with our novel scouting technology platform will significantly impact profitability for growers. As we’ve worked to establish a presence in Brazil, Mindset Ventures has been an invaluable partner well beyond providing capital support. They are deeply integrated into the Brazilian agricultural community and have taken a hands-on approach to supporting our success – including introducing us to more than a dozen potential clients and providing unparalleled expertise as we worked to shape our market strategy for the region…Read More HERE

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About Taranis:

Taranis is the world’s leading AI-powered crop intelligence platform for agribusiness. It
leverages AI and machine learning, high-resolution aerial, satellite, and drone imagery,
and deep agronomic know-how to allow crop advisors to make better, more informed
crop management decisions. Since starting in 2015, Taranis has worked with the
world’s top agricultural retailers and crop protection companies, monitoring millions of
acres for customers in the United States, Canada, Brazil, Russia, Ukraine, and
Australia. Taranis employs over 80 people worldwide and is headquartered in Westfield,
Indiana.

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