![lightsmith group lightsmith group](https://ablegroup.net/images/audito1.Beth33.jpg)
Sanjay was an Investment Officer at the World Bank/International Finance Corporation, where he led equity investments in private transport, power, and water infrastructure projects in developing countries. Sanjay was part of the founding team for ARPA-E and served as the agency’s first Associate Director for Commercialization, launching ARPA-E’s “tech to market” program to commercialize breakthrough energy technologies.Įarlier in his career, Mr. Department of Energy, overseeing the implementation of $15 billion of investments in clean energy under the American Recovery and Reinvestment Act. The Adaptation SME Accelerator Program (ASAP) aims to enhance the availability and uptake of climate adaptation solutions by. Sanjay served as a senior official at the U.S. In the first three years of the Obama Administration, Mr. As a Principal at VantagePoint Capital Partners, he helped to launch the firm’s CleanTech Group, which invested over $1 billion in 25 cleantech companies–most notably in the first institutional investment round in Tesla Motors. Sanjay’s experience includes 12 years investing in venture capital and growth equity. Additional undisclosed investors are also participating in the round.Sanjay Wagle is co-founder and Managing Director of The Lightsmith Group, a private equity firm investing in growth-stage technology companies that address critical societal needs, with a current focus on climate change adaptation and resilience. Existing investor Unbox Capital also participated in the round. Investors have said changes in how people think about food and advances in technologies-like sensors and wifi-have led to more money flowing into the agtech sector.įounded in 2007, Solinftec had raised nearly $87 million before this latest round.
#Lightsmith group series#
The biggest round this year to date was raised by South San Francisco, California-based vertical farming startup Plenty-which closed a $400 million Series E. In partnership with the Lightsmith Group, the Race to Resilience, and The Resilience Shift, GARI co-convened a virtual FASTR event on Earth Day called Accelerating Investment in the Race to Resilience to bring together key stakeholders to discuss ambitious around scaling investment in adaptation and resilience in the lead up to COP26. The Lightsmith Group was featured in the Climate Adaptation Summit (January 25-26, 2021) moderating a panel on business and investment that featured Cody Friesen. Thus far this year, investment is at nearly $1.6 billion-less than last year’s pace, but overall another strong performance. Lightsmith Group, a global sustainable private equity firm, is pleased to announce the final closing of Lightsmith Climate Resilience Partners SCSp RAIF with 186M. However, in 2020 funding jumped and in 2021 it hit nearly $5.7 billion. Until 2020, the sector had never reached the $2 billion investment threshold in any year, according to Crunchbase data. The company will use the new infusion of cash to further expand in both North America and South America.Īgtech has become a darling sector among investors after seemingly being an afterthought for years. The system allows customers to schedule and plan their farming operations and to make adjustments.
#Lightsmith group software#
The company uses sensors and AI-powered software to provide customers with real-time, in-field data on crops, equipment, weather conditions and more. Solinftec’s digital farm operating system helps manage more than 27 million acres in Brazil, the US and across Latin America. The company-with dual headquarters in both São Paulo, Brazil and West Lafayette, Indiana-raised a $60 million growth round led by the Lightsmith Group.
![lightsmith group lightsmith group](https://lightsmithgp.com/wp-content/uploads/2017/11/transportation-500x500.jpg)
07814293 Our EventsĪfter a record year of funding in 2021, Solinftec is the latest agtech startup to lock down a sizable round this year.
![lightsmith group lightsmith group](https://ga-institute.com/Sustainability-Update/wp-content/uploads/2018/04/Russell-Juliet.jpg)
Our goal is to promote diversity and inclusion, with particular effort to phase out all-male speaker panels to ensure balanced representation and promotion of women in technology and business.įor more information about Rethink, visit Įmail: Registered in England & Wales No. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech) TechWatch Media Group is the highway for technology and entrepreneurship. We are committed to providing the world-leading platforms for knowledge-sharing, debate and networking for business leaders, featuring the leading experts and gamechangers from across the global ecosystem. The TechWatch Media Group audience is driving progress and innovation on a global scale. Through our global network of industry advisors, we produce highly-focused, topical summits which gather all the right people together in one room to share ideas, find solutions and identify new business opportunities. Rethink summits are created by experts in the agri-food, water, and waste tech industries to address the issues most crucial to investors and developers in these sectors.