ZoomAgri presents itself to the market as a vector of positive impact along the entire Agfood value chain.

Agtech, invested in by SP Ventures, develops solutions aimed at six pillars of impact in the Agfood chain: transparency, food security, efficient use of resources, food waste, traceability, and food safety

The AgriFood sector -a $7.8 trillion industry, responsible for feeding the planet and employing well over 40% of the global population- plays a vital role in the transition to a carbon neutral and circular economy. Food production alone is responsible for 25% of total global greenhouse emissions, while at the same time one third of the food produced for human consumption every year is lost or wasted. Humanity is faced with a dichotomy: on the one hand we need to increase our production volume, but at the same time we need to reduce greenhouse gas emissions and adapt our food production system.

Our global food system is vulnerable, and change is needed to meet critical environmental, social and governance goals. A new way of thinking and operating is required to address these challenges across the fragmented value chain. In this way, innovations that involve improvements in agricultural processes are, therefore, of great relevance to solve these issues.

Within this global context, ZoomAgri is born as a proposal to apply Computer Vision and Machine Learning to one of the most important processes of the Agfood supply chain and which has had less progress in terms of technology and innovation in recent decades: quality control.

Through the application of algorithm-based technology, ZoomAgri can make a big impact in this sector. In addition to solving intrinsic problems in the chain, such as a lack of specialized labor, fraud and long time for quality analyses, the company's differential is the generation of a positive impact on 6 pillars aligned with the UN SDGs and with the challenges already presented: Transparency, Food Security, Efficiency in the Use of Resources, Food Waste, Traceability and Food Safety.

ZoomAgri purpose: “Our purpose is to develop breakthrough technologies, to improve testing of agri supply chains, leading to healthier food and a more transparent and sustainable world.”

Among these 6 impact verticals, 3 stand out along the entire chain:

• Efficiency in the Use of Resources: With a saturated environment and humanity facing challenges such as climate change, efficiency is key to more sustainable production. Through the use of ZoomAgri technology, its customers along the entire chain increase the efficiency of their processes, producing more with less. Through better decisions regarding the storage of raw materials, it allows only those with proven quality to evolve in the supply chain, in addition to informing the producer how long this product can be stored, reducing unnecessary waste. In this way, efficiency means an improvement in relation to inputs, land, water, transport and emissions.
• Food Waste: Every year, 30% to 40% of food is wasted globally. An important percentage of that waste occurs during the products’ journey through the supply chains, caused by a wrong quality assessment at reception/storage points. That is why a correct assessment prior to storage - guaranteed by ZoomAgri innovation - has a direct impact in reducing food loss.
• Traceability: Traceability has gained more and more importance in supply chains and in adding value to products, however, over the last few decades, traceability systems have been based on manual records that are generally subject to human errors and inconsistencies. The decentralized and precise devices offered by ZoomAgri emerge as an important solution on this front, contributing to a new generation of traceability systems, based on real-time information on goods circulating in supply chains. In addition, ZoomAgri solutions can be installed in farms, ports, seed companies, among others, resulting in the tracking of commodities by all members of the chain, from the farmer to the final consumer.

These pillars demonstrate that ZoomAgri's impact goes far beyond its borders. By acting along the entire agri and food chain, the company maximizes its positive impact, becoming an important player in the transition to a new economy. ZoomAgri believes that through more transparent chains and more efficient processes it is possible to reposition the sector and become part of the solution to the main current challenges: climate change and the increased demand for food.

In addition to ensuring alignment with its purpose, ZoomAgri sees the pillars of ESG and impact as part of its value proposition for investors and clients. It is not new that the investor market has been positioning itself and increasingly seeking companies that present, together with their generation of positive impact, a management of ESG criteria. Robust governance, risk management and mitigation and measurement of impacts are already part of the demand of more mature investors and the company has been working internally and with the support of SP Ventures to implement the best market practices.

As the next steps, the company continues on its ESG journey, evolving in its internal management and seeking to insert practices aligned with each of the pillars in its culture and day-to-day activities. In addition, in early 2023, ZoomAgri launches its first report aligned with the theme: “Our Impact”, through which it provides transparency to the market its impacts in more detail, as well as disclosing its main metrics.

"We are on the mission of transforming the Testing, Inspection & Certification of agri commodities globally. This transformation will have a great impact on environmental, social and governance issues while modernizing and democratizing the Agri market.

We believe that our technology and business model contributes enormously to this goal, especially by being present at every point of the supply chains and taking into account the constant feedback we receive from our clients, experts and employees. Since our foundation in 2017, we have reached each of our yearly objectives, and we expect to keep working day-to-day in order to keep growing in terms of our ESG policies and impact."

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