We have made our first investment in the AgriTech sector by investing in Consentio, a platform that efficiently connects food producers with retailers to reduce waste and improve supply chain operations.

Target Information

This week, we are pleased to announce our investment in Consentio, an innovative AgriTech company based in Spain that plays a significant role in connecting food growers and farmers with retailers. This investment marks a milestone for us, being our first direct investment in the Spanish market, as well as our inaugural foray into the rapidly evolving AgriTech sector. Consentio’s advanced platform facilitates seamless connections between producers and retailers of fresh produce worldwide, enabling faster and fairer transactions involving perishable goods. This efficiency empowers producers to engage directly with retailers, optimize market pricing for their products, and ultimately minimize waste.

Industry Overview in Spain

The Spanish agricultural sector plays a vital role in the country’s economy, with a diverse range of products including fruits, vegetables, and cereals. Spain is one of the leading countries in Europe for fresh produce exports, known for its high-quality agricultural products, especially in the Mediterranean region. However, the industry grapples with significant challenges, notably supply chain inefficiencies that result in approximately one-third of all food produced being wasted before reaching consumers.

Additionally, the unpredictability of agriculture presents further hurdles for producers. Farmers frequently confront a variety of unforeseen challenges, such as adverse weather conditions, pest invasions, and fluctuating commo