Monsanto and Microsoft are investing together in Brazil

Reuters: The American company bio Monsanto and Microsoft announced yesterday a partnership aimed at investing in emerging agricultural technologies in Brazil.Monsanto

Monsanto will boost a Brazilian investment fund with $92 million, managed by Microsoft, to evaluate ideas and develop new digital tools to be applied to the agricultural sector. of the country, company officials said.

So selected ideas will receive initial funding of up to 459.000 dollars for an early development. The owners of the project will be able to repay the investment loan after three years or convert the money into shares.

"Θέλουμε να προωθήσουμε νέα startups στον τομέα της γεωργίας. Υπάρχει τεράστιος χώρος για και ανάπτυξη," ανέφερε ο Rodrigo Santos, επικεφαλής της Monsantο στη Λατινική Αμερική.

The Qualcomm company is also allegedly investing in the Brazilian investment fund.

Αλήθεια πως να αισθάνονται τώρα οι Βραζιλιάνοι, με τέτοια τύχη Monsantο και Microsoft μαζί στην ίδια επένδυση! Το σίγουρο είναι ότι θα κερδίσουν οι εταιρείες... για τους άλλους δεν ξέρουμε.

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Written by giorgos

George still wonders what he's doing here ...

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