Tuesday
February 17
2026

Press Release: IDB Lab to Invest $8 Million in AgVentures III Fund to Advance Agtech Innovation

IDB Lab, the innovation and venture arm of the Inter-American Development Bank Group (IDB Group), announced an investment of $8 million in the AgVentures III Fund managed by SP Ventures in collaboration with the Japan International Cooperation Agency (JICA) and other partners to support “agtech” and “foodtech” innovation across Latin America and the Caribbean.

Photo courtesy of Maren Barbee.

Source: IDB Lab (link opens in a new window)

Categories
Agriculture, Investing
Tags
agtech, development finance, food security, impact investing, impact measurement, innovation, partnerships, smallholder farmers