We regularly run challenges and pitch day competitions to identify early-stage companies focused on different areas of agtech and foodtech to make investments in. The winners of these challenges receive funding without program participation or re-location requirements. Here’s some information on our current and past challenges.
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Applications in process and will close April 29, 2019
Investment: Winner to receive up to $250k in funding
We teamed up with OurCrowd and Startup Nation Central to hold our first challenge to fund a Agtech/Foodtech startup in a specific geography – Israel. The winner of The Radicle Challenge Israel will receive Radicle’s first investment specifically targeted at entrepreneurs in Israel, a market where Agtech innovation is significantly growing.
As announced at the 2019 OurCrowd Global Investor Summit, the most promising pre-seed Agtech and Foodtech companies in Israel will not only receive the funding from Radicle Growth, but will have access to a global Agtech network, connection to Radicle’s venture partners and strategic alliances and access to Radicle’s acceleration platform.
“Winning the Radicle Challenge is a major milestone validating Aromyx’s technology. While the technology has applications for a broad range of industries, agriculture is a primary focus and we see massive opportunities to disrupt current practices. Bringing a disruptive technology to an established marketplace is not easy, and we are excited to be partnering with Radicle and their network to accelerate our development efforts and find the optimal product-market fits.” Josh Silverman, Aromyx, Inc. CEO
About the Challenge
For a second year, we teamed up with World Agri-Tech to host the pre-summit Pitch Day in San Francisco. Entries consisted of over 150 seed-stage Agtech and Foodtech companies. Eight early-stage technology companies were then selected to pitch their solutions to a panel of judges and an audience of high-ranking investors and agribusiness leaders
“Increasingly, farmers demand all-in-one solutions for their agriculture data. In response, agtech companies both large and small are quickly forming partnerships and programmatic connections between their data platforms via APIs. However, we see the vast majority of agtech companies struggling to implement and maintain their partnerships at a technical level while balancing the development of their core products. Our solution allows them to activate instant connections with their partners and remain focused on their own innovations. We’re honored to be recognized as the winner of the GPS Challenge and excited to continue our network’s expansion into North America with our new strategic partners at Radicle Growth.” G. Bailey Stockdale, Leaf Agriculture CEO
About the Challenge