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After carefully reviewing the flood of applications from start-up companies that are all developing technology to solve agriculture’s most critical issues, Western Growers and S2G Ventures have chosen five finalists to compete in the 2019 AgSharks® Competition on November 12.
The selected startups, who will face off and compete for $250,000 in investment capital and access to farmland to pilot their innovations, are as follows:
The competition will take place at Western Growers’ Annual Meeting in Maui Hawaii, where the finalists will pitch their innovations to a panel of AgSharks, and the judges will decide, on the spot, whether and how much to invest.
The seven “Sharks” who will be offering feedback, equity investment offers, acreage for use in pilot programs or a combination of the three are as follows:
Western Growers and S2G Ventures created the AgSharks Competition in 2017 to identify key innovations in the fresh produce industry and support agtech startups in bringing their technology to market. In the competition’s first year, Hazel Technologies and AgVoice walked away with a total of $2.25 million in investment offers. Last year, Augean Robotics earned $250,000, which played a significant role in helping the startup close a $1.5 million seed round.
Farming has never been more challenging, which is why Western Growers invests in fully committed advocates – your advocates – in Sacramento, Phoenix, and Washington, D.C. Only Western Growers offers members so many business services, supported by more than 400 dedicated employees.