Brazilian agtech company iRancho has successfully secured a $1.4 million investment from Banco do Brasil through the CVC BB Ventures, managed by MSW Capital. The funding will be utilized to modernize Brazil's livestock industry and drive sustainable farming practices. iRancho specializes in efficient technology solutions for livestock management, offering data collection and analysis for animal traceability, ultimately boosting productivity and reducing operational costs for farmers. The platform is currently utilized by over 3,500 rural properties in Brazil and abroad, showcasing its increasing significance in the global agricultural landscape.