Argentine Agribusiness Makes Mark at New York Tech Week with Talented Entrepreneurs

New York City became a global hub for innovation this week, hosting thousands of entrepreneurs, investors, and corporate leaders at New York Tech Week. The Argentine ecosystem made a significant impact, demonstrating how technology developed in the country addresses global challenges like food security, agricultural productivity, and the climate crisis.Argentina's participation was part of a strategic agenda promoted by the Argentine Association of Private Equity, Entrepreneurship, and Seed Capital (Arcap) and the Argentine Consulate in New York. This initiative brought together a notable delegation, including investment funds, startups, and tech giants like Globant, the virtual wallet Lemon, and representatives from the Argentine Fintech Chamber. A significant highlight was the panel titled “The Americas Feed the World: AI, Climate & the Next Food Revolution.” Organized by Innventure, an investment fund uniquely founded within Aapresid and largely composed of agricultural producers investing in their sector, the panel featured key figures in agricultural innovation. Speakers included Fernando Yu of Suyana, Matías Nardi of DeepAgro, and Mayco Mansilla and Nicolás Reinoso from Innventure. Reinoso, an Argentine based in North Carolina and associated with "First Flight Venture Center," a leading U.S. incubator, was introduced as a new addition to the fund's team. Innventure has built an elite portfolio, investing in 19 Argentine startups that now operate in over 40 countries. This model democratizes venture capital, allowing producers, SMEs, and cooperatives to become direct investors, thereby enhancing the competitiveness of the entire agri-food chain. DeepAgro, for example, developed an AI-powered system that identifies weeds in real-time, enabling selective herbicide application and reducing input use by up to 90%. The system offers a payback period of less than two years, boosting long-term agricultural profitability and providing significant environmental benefits. After establishing itself in Brazil, DeepAgro is expanding into the United States, attracting major investors and collaborating with companies like Starlink, Nvidia, and Syngenta.