Leading Monumental Change in the Food & Agriculture Industry: SVG Stimulates Innovation, Investment, and Partnership
SVG Ventures + THRIVE reaches 115M Global Audience
Los Gatos, CA., July 31, 2019—Five years, five cohorts, and a current valuation of over $700M! SVG Ventures’ current portfolio of 48 THRIVE Accelerator alumni are leading the way in innovation in the food and agriculture industries with 17 of the 48 companies receiving more than $50M in investment in 2019. SVG Ventures recognizes a total of 103% valuation growth increase in investment across the five accelerator cohorts. Our roster of accelerator companies includes remarkable start-ups such as, Trace Genomics, AgShift, and Livestock Water Recycling. Interest in the accelerator continues to be exceptionally high, with more than 150 applications received to date for the 2019 THRIVE VI Accelerator Program.
This year, SVG Ventures secured multiple global partnerships to lead conversations on agrifood and agtech on live stages at international events. SVG Ventures scouts and evaluates innovation, moderates panel discussions, and networks with thousands of startups, corporates, and investors at worldwide events including the Innovation Summit, South by Southwest, Smart AgriFood Summit Malaga, Forbes AgTech Summits in Salinas & Indianapolis, Calgary Stampede, and PMA Fresh Summit Convention & Expo.
As a Founding Partner with Forbes, SVG Ventures co-hosts the Forbes AgTech Summits and provides global recognition for the pioneering THRIVE Accelerator startups chosen to present their pitch on the ForbesLive Stage. This year, the partnership took on new strides, with the launch of the joint THRIVE Forbes Innovation Icon Award which honors those helping to bring solutions to the marketplace that will move the world forward. The global news and social media audience for these events reaches a record 115M people. Constituents interested in shifting this $9B AgTech, FoodTech, AgriFood Industry are joining this movement with SVG Ventures as corporate partners and investors.
The mission of SVG Ventures THRIVE is to identify groundbreaking innovations within the entire agricultural value chain that drive increases in efficiency, conservation of resources and significantly improve the lives of farmers and consumers.
About SVG Ventures-THRIVE Innovation Platform
SVG Ventures-THRIVE is the leading AgriFood innovation ecosystem, comprised of top agriculture, food & technology corporations, universities and investors. With a community of over 2,000 startups from 82 countries, the THRIVE platform invests, accelerates and creates unparalleled access for entrepreneurs to scale globally to solve the biggest challenges facing the food and agriculture industries. AgFunder recognizes SVG Ventures-THRIVE as the “Most Valuable AgriFood Platform in the World.”
THRIVE was launched in 2014 by Silicon Valley Global Ventures (SVG Ventures), a venture, innovation, and investment firm based in Silicon Valley, CA. For more information, please visit the THRIVE website.
Marta Weinstock, Marketing Director, SVG Ventures firstname.lastname@example.org