In 2018, Trendlines signed an agreement with Sirius VC, an investment group from Goiânia, Brazil, to co-invest in agtech and medtech deals.
Trendlines will identify portfolio companies suitable for co-investment and present them to Sirius VC. If all parties accept, Sirius VC will invest an initial investment in each portfolio company. This initial investment is a first step to other additional business developments between Sirius VC and the portfolio company, including additional investment, field trials, and commercial opportunities.
As Brazil is one of the leading agriculture markets, this partnership will give our portfolio companies access in entering the Brazilian market.
Agriculture and healthcare are the key issues for Brazil in the next years. We believe these two segments will push a new economic development cycle in the coming years. Both these sectors are highly complementary with Trendlines’ core business.
—Sirius VC Partner, Cidinaldo Boschini