Dealflow | July 11, 2022

Argentinian agtech startup SIMA raises $2 million to help farmers optimize crop yields

Amy Cortese
ImpactAlpha Editor

Amy Cortese

ImpactAlpha, July 11 – SIMA’s mobile app is used by farmers to monitor 129 million fields of soy, wheat and other crops across Argentina, Uruguay, Paraguay and Brazil.

The$2 million funding, led by Buenos Aires-based Xperiment Ventures, will help the company expand in Brazil and Mexico.

“We want to be the leading agricultural digitalization company in Latin America,” SIMA’s Andres Yerkovich told LatamList.