PALO ALTO, Calif., Feb. 12, 2018—SVG Partners announced today that Trimble (NASDAQ: TRMB) has become the latest corporate partner to join the THRIVE AgTech Venture & Innovation Platform. Trimble’s broad range of GPS, variable rate implement controls, wireless communications and analytics software is increasingly delivering new capabilities for agriculture. The new relationship between Trimble and SVG’s THRIVE platform signifies the continued commitment to advancing a safer and more sustainable agriculture supply chain and to providing innovative solutions to farmers and their production partners worldwide.
SVG Partners today announced its THRIVE Top 50, an annual ranking of 50 leading AgTech companies exemplifying the best in agriculture technology around the globe. Recognizing companies across six different technology areas in agriculture- including biotechnology, connected devices, cloud services/SaaS, robotics and automation, predictive data analytics, and next gen farms- the list is the culmination extensive market research, data analysis, as well as vetting and final selection by THRIVE’s corporate partners.
See the companies.
Salinas, California, once had two claims to fame: as “the salad bowl of the world” and as the birthplace of iconic American author John Stein- beck. While these will always be part of Salinas’ identity, in recent years, the city has embarked upon a new mission to harness the region’s agricultural prowess and proximity to Silicon Valley to create an AgTech (agriculture technology) Innovation Ecosystem.
The ecosystem, which received an IEDC Gold Award for Excellence in Economic Development in 2017, focuses on entrepreneurial development, workforce training and marketing in the AgTech in- dustry – a bold task in a largely low-income farm- ing region that once had little to no existing startup culture. This article explains how the city created its AgTech Innovation Ecosystem, what spurred it, how it works, and the successes and lessons learned.
SAN FRANCISCO (November 13, 2017) – SVG Partners announced today that one of the leading agriculture cooperatives, Land O’Lakes, Inc., has renewed its commitment to the THRIVE AgTech Venture and Innovation Platform for the next three years. In 2016 and 2017, Land O’Lakes brought its knowledge and experience as a judge and mentor to THRIVE, a highly selective investment program accelerating technology-enabled agricultural startups in the U.S. and globally. To date, Land O’Lakes distributes over 30 AgTech solutions through its Winfield United AnswerTech™ platform and with the help of SVG Partners’ and the THRIVE Accelerator, works to identify the next generation of breakthrough companies.
Founded in 2014 by SVG Partners, THRIVE is an agtech and foodtech accelerator working with leading corporations, startups, universities, and growers to solve the biggest challenges facing the food and agriculture industry. THRIVE is now accepting applications for its fourth cohort beginning Spring 2018.
PALO ALTO, Calif., JULY 26, 2017 -- SVG Partners announced today that the worldwide leader in food processing technology, Turatti North America, has joined the THRIVE Venture & Innovation Platform ecosystem to bring innovative food processing and automation technologies to market. With a state-of-the-art facility in Salinas, California, Turatti North America will work closely with Silicon Valley based- SVG Partners to identify, invest in and deliver innovative products and processes to its food processing customers and the industry as a whole.
As YCombinator co-founder Jessica Livingston has said, “it is really difficult for anyone to predict which startup will wind up becoming a billion-dollar company.” However, while there are certainly not foolproof methods for identifying the next unicorn, we have found that there are important factors that shape startup success, namely:
- Is the company's mission clear and sustainable?
- Are the founders relentlessly determined
- And, is the company building something an industry desperately needs or that people love?
For three of THRIVE's startups from previous cohorts, MagGrow, Nuritas, and Trace Genomics, the responses to these questions are very likely "yes".
Established late 2015, Sun World Innovations is the technology and licensing arm of Sun World International LLC, the US based producer and marketer of fresh fruit. As part of its overarching mission to supply more and consistent supplies of delicious fruit varieties, Sun World Innovations explores technologies in crop input, water, harvest and labor efficiencies, along with plant breeding. To accelerate solutions aimed at real challenges faced by the agriculture sector, Sun World Innovations joined SVG Partners’ THRIVE program in Q1 of this year to identify cutting edge technologies and harness its own extensive horticultural expertise and international licensee platform with growers and marketers globally.
Salinas, Calif., June 29, 2017-- Startup companies Agrosmart, Microgen Biotechnology, and Tortuga AgTech were announced last night as the winners of THRIVE’s Operational Excellence, Sustainability, and Innovation awards during the third annual Forbes AgTech Summit. Brazil-based decision support company Agrosmart received THRIVE’s award for Operational Excellence, Ireland-based microbiome platform technology received THRIVE’s award for Sustainability, and Colorado-based automation company Tortuga AgTech received THRIVE’s award for Innovation.