12 finalists announced for THRIVE Accelerator

SALINAS, CA – Twelve of the most innovative startups in AgTech and Food Tech have been selected to participate in the THRIVE Accelerator beginning in April in Salinas, California.
36 startups from Ireland, Israel, Italy, Spain, UK and from across the U.S. pitched their technology, team, and vision for growth at the THRIVE Accelerator’s Seed Camp yesterday. The initiative is driven by SVG Partners. THRIVE sponsors include leaders in both agriculture and technology: Western Growers Association; Land O’ Lakes; Taylor Farms; Verizon and the City of Salinas. The event was hosted at the new Taylor Farms Headquarters in downtown Salinas.

Each pitch was scored by a diverse group of senior judges drawn from agriculture; technology sectors; financial and investment groups; and universities. This included experts from Dole Fresh Vegetables; Taylor Farms; Land O’Lakes; Western Growers Association; Verizon; Wells Fargo; SAP; Alvarez Technology Group; Royal Rose; Crestlight Venture Productions; UC Davis and California State University, Monterey Bay.

Representatives from these industry-leading organizations and universities will mentor the Finalists during the THRIVE Accelerator from April 4th through May, 2016.

“We have been impressed with the quality of the startups presenting at yesterday’s THRIVE Seed Camp,” said Hank Giclas SVP, Science, Technology & Strategic Planning of Western Growers Association and a THRIVE Accelerator Mentor “The doubling of applicants for this second edition confirms we’re building around THRIVE and WGA’s Center for Innovation and Technology a strong ecosystem of AgTech innovation.”

“The Agriculture and Food industry is facing incredible challenges nowadays and our partnership with THRIVE Accelerator is a great opportunity to meet global entrepreneurs committed to bringing innovation and solutions to this market,” said Michael Toto, director at Verizon IoT Global Product Development & Strategic Planning and newly selected THRIVE Accelerator Mentor. “We have met many THRIVE startups, focused at the intersection of IoT and Agriculture, where Verizon is already set up to bring great value and solutions.”

The THRIVE finalists’ experience culminates with a final Demo Day on June 9, 2016.
Special awardees from the Demo Day will be prominently highlighted during the Forbes AgTech Summit on July 13 and 14, 2016 in Salinas; and will compete for funding and the chance to deploy their technology at one of the industry’s top companies.

“Leveraging the technology expertise in Silicon Valley and the agriculture expertise in Salinas, THRIVE is an ecosystem that is bringing together a global network of innovators, entrepreneurs, researchers, as well as technology and ag companies,” said John Hartnett, CEO of SVG Partners. “This Accelerator is bringing some incredible energy and disruptive innovation to one of the world’s most important industries. All the entrepreneurs that have pitched today are drawn together by the opportunity that arises from a huge challenge: feeding the world, sustainably.”

 

2016 THRIVE Accelerator Program Finalists

  • Acuity Agriculture – Connected sensors for farms
  • Agribody Technologies – Yield-enhancing genetic technology
  • AGVOICE – Voice-interactive, hands-free data service for Ag professionals on-the-go
  • Edyn – Smart soil sensors and irrigation controllers for agriculture and gardening
  • Food Origins – Precision harvest data to high value hand crops
  • GeoVisual Analytics – Machine Learning-based platform to rapidly analyze crop imagery from drones
  • Inteligistics – Wireless temperature visibility solutions for food products
  • MagGrow – Magnetic spraying technology
  • Soliculture – Greenhouse integrated photovoltaics for combined power & agriculture
  • specright – Packaging management
  • Trace Genomics – Genomics diagnostics for soilborne diseases & early disease risk prediction
  • Wheyhey – High protein, sugar free ice cream

SVG Partners and Land O’Lakes, Inc. enter AgTech Innovation agreement

SVG PARTNERS AND LAND O’LAKES, INC. TODAY ANNOUNCED AN AGREEMENT TO FIND INNOVATIVE FOOD AND AG-TECH SOLUTIONS THROUGH THE THRIVE ACCELERATOR, A HIGHLY SELECTIVE INVESTMENT PROGRAM THAT SUPPORTS OPEN INNOVATION AND TECHNOLOGY-ENABLED AGRICULTURAL STARTUPS ACROSS THE UNITED STATES AND AROUND THE WORLD.

Land O’Lakes, Inc. will bring its knowledge and experience as a judge in the program and will offer mentoring and advice to selected AgTech startups, helping them rapidly scale to meet evolving needs in agriculture. ”As a leader in AgTech, we are excited to offer our expertise and leadership to the Thrive Accelerator program and support innovative start-ups in driving the future of our industry,” said Mike Macrie, Land O’Lakes Chief Information Officer.

The THRIVE program attracts startups with disruptive and innovative AgTech solutions and provides them access to show their technologies to top agricultural companies. Selected startups will receive support in scaling their products and solutions from industry leaders such as Land O’Lakes. Chris Boody, Chief Technology Officer for SVG Partners said, “SVG is thrilled to welcome Land O’Lakes, Inc. among its strategic partners in the program. Land O’Lakes, Inc. is uniquely positioned to help the THRIVE program become one of the leading Ag-Tech innovation platforms in the United States.”

For 2016, almost 200 applications were submitted to THRIVE from 35 countries

around the world. Thirty-six applicants from 16 business areas were chosen to pitch their companies to a selected list of judges and experts. Ten finalists will benefit from an eight-week acceleration program based on high-level mentorship, collaboration and direct access to the world’s top fresh agriculture companies in the United States.

ABOUT LAND O’LAKES, INC.

Land O’Lakes, Inc., one of America’s premier agribusiness and food companies, is a member-owned cooperative with industry-leading operations that span the spectrum from agricultural production to consumer foods. With 2015 annual sales of $13 billion, Land O’Lakes is one of the nation’s largest cooperatives, ranking 203 on the Fortune 500. Building on a legacy of more than 94 years of operation, Land O’Lakes today operates some of the most respected brands in agribusiness and food production including LAND O LAKES® Dairy Foods, Purina Animal Nutrition and WinField Solutions. The company does business in all 50 states and more than 60 countries. Land O’Lakes, Inc. corporate headquarters are located in Arden Hills, Minn. www.landolakesinc.com

ABOUT SVG PARTNERS AND THRIVE ACCELERATOR

THRIVE is a highly selective mentorship and investment Accelerator program for Ag-Tech and Food-Tech startups. The THRIVE Program was conceived and is led by Silicon Valley Global Partners (SVG Partners), an investment, technology and advisory firm that partners with organizations on strategy, innovation and global expansion. SVG Partners is based in Silicon Valley, CA.  www.svgpartners.com