blue horizon invests in Latin American agri-business Shared-X
blue horizon, a global impact investment firm, has invested in the agri-business Shared-X. The investment was made together with PG Impact Investments. It will help support Shared-X’s international growth plan and its focus on lifting smallholder farmers out of poverty.
Shared-X grows high-value specialty crops in emerging countries with two primary goals: to develop profitable farms, and to raise the incomes of the smallholder farmers in its communities. Shared-X aims to collapse the “yield gap” – the astonishing difference in how much developed and emerging market farmers produce. Shared-X has narrowed this gap by deploying advanced, sustainable farming techniques and marketing methods, and then sharing them with neighboring farms and communities.
Shared-X is led by its co-founders Executive Chairman John Denniston and CEO Dr. Tony Salas.
John Denniston was formerly a Senior Partner at investment firm Kleiner Perkins Caufield & Byers, where he co-founded and ran their USD 1 billion Green Growth Fund.
Dr. Tony Salas, based in Lima, Peru, is the former CEO of a leading agricultural consulting firm focused on emerging countries. In his consulting capacity, Dr. Salas and his team completed over 400 agricultural projects in more than 30 countries. Dr. Salas adds: “At Shared-X, we address the persistent poverty of smallholder farmers in emerging countries. Our commercial formula – growing high value specialty crops at high yield and directly selling them at international price levels worldwide, thus transferring yield and price benefits to our associated growers – is custom-designed to lift smallholder farmers out of poverty, even as it generates returns for our investors.”
About blue horizon
blue horizon was founded in 2015 with the vision that profit-oriented strategies and the common good can be united. blue horizon is a global, mission-driven private sector investment firm focused on scalable ventures that accelerates the global transition towards sustainable food and agriculture. In 2016, the blue horizon Foundation was started to support the transformation of farms from animal factories to sustainable plant production facilities.
About PG Impact Investments
PG Impact Investments is a global impact investment firm backed by Partners Group, one of the largest private markets investment managers in the world. PG Impact Investments was founded in 2015 with the vision that private investment, innovation and entrepreneurial talent can bring sustainable growth and provide solutions to the challenges facing our society.
Shared X grows high-value specialty crops on its own farms in emerging countries. It deploys advanced, sustainable cultivation techniques to close the agricultural yield gap, and then openly share them with its neighbors. Shared-X produces powerful social impact in the communities around its farms by lifting smallholder farmers out of poverty through the open sharing of its farming and marketing expertise.