Radicle is an accelerator aimed at advancing early stage agricultural technology startups.
|Neal Gutterson, vice-president of research and development at DuPont Pioneer.|
Radicle will focus on challenges to productivity, sustainability and quality that growers face. Areas of focus include technology fields such as genomics and plant sciences, seed tech, biologicals for crop protection and regulation, digital ag (application of data and predictive analytics to precision ag), and disruptive farm systems.
|Geoff Kneen, manager of R&D licensing and new ventures for North America at Bayer.|
The Radicle accelerator fund provides:
•Expert advisory services and strategic mentorship from a wide network of ag experts and proven entrepreneurs;
•Access to key leaders and corporate relationships across a range of ag focus areas;
•Connections with top academic institutions, including Texas A&M, University of California, University of Missouri, University of Queensland, and the University of Wisconsin Madison;
•Strong industry collaboration with ag leaders such as Bayer and DuPont Pioneer;
•A network of participating public and private research institutes, including Advanced Research Projects Agency - Energy, Australian Centre for Plant Functional Genomics, BSES, CSIRO, the Donald Danforth Plant Science Center and Landcare Research;
•Follow-on financing round options from the founding investors and their networks once companies “graduate” from the accelerator; and
•A service platform with an intense focus on value creation initiatives and exit planning guidance from the start.
“Forced to overcome the challenge of making the desert bloom, Israel has a long history of agricultural innovation and today is home to a multitude of world-class AgTech startups,” said David Stark, general partner at OurCrowd. “We are excited to work with our partners at Radicle to bring to market solutions that address the greatest challenges that will face farmers over the next half century and to open these investment opportunities to our global network of investors via our online platform.”