en.Wedoany.com Reported - Agricultural input manufacturer Synkka officially launched commercial operations on July 23, aiming to achieve R$300 million in revenue by 2030.
Synkka was co-founded last year by agronomist Ithamar Prada (former executive at ICL and BioWorld) and entrepreneurs Daniel Queiroz Brunetto and Leandro Vilhena (owner of chemical company Dikka). Ithamar Prada has a solid career in the fertilizer and plant nutrition industry, having served as Vice President of Marketing and Innovation at ICL's Brazilian subsidiary and briefly as CEO of biological products manufacturer BioWorld. The company's initial product portfolio includes 11 products, covering foliar nutrition, seed treatment, soil nutrition, adjuvants, and a plant sunscreen for climate adaptation, all in liquid form.
Company CEO Ithamar Prada stated that the team has been working behind the scenes for a year and a half, creating over 1,200 prototypes and completing field tests. The company will initially focus on soybean, corn, coffee, and sugarcane crops in Mato Grosso, Goiás, Minas Gerais, and São Paulo states, with plans to also serve cotton and potato growers in the future.
On the production side, Synkka's biological inputs factory in Franca (São Paulo state) is complete, with an annual production capacity of 4 million liters. This factory, along with results from 46 preliminary trials conducted in Mato Grosso, Rio Grande do Sul, Minas Gerais, and São Paulo, provided confidence to launch sales. The company plans to reach 100 growers in the 2026/2027 growing season, covering approximately 50,000 hectares, with expected revenue of R$10 million this year. The long-term goal is to cover 1 million hectares by 2030, achieving R$300 million in revenue.
Unlike the model of relying on dealer networks to enter the market, Synkka decided to launch operations with its own market development team. The CEO explained that since the product portfolio consists of original solutions, distinct from existing imitations on the market, a team capable of conveying the concepts is needed. The company does not rule out introducing input distributors in the future.
To date, the CEO and his partners have invested R$25 million in the company. In the future, they may need to make new capital injections. The current factory capacity can cover 700,000 to 800,000 hectares, sufficient to support expected growth until 2028. Thereafter, the company plans to increase annual production capacity by an additional 12 million liters, bringing total capacity to 16 million liters. Synkka currently has 12 employees and is recruiting commercial team members. The CEO stated that the company's recruitment model and goal are to achieve faster growth in the coming years, differing from companies operating existing products in the market.
