50 agtech companies shaping the future of agriculture
Media Contact: Emily Breslin, SVG Partners, Emily.Breslin@svgpartners.com
San Francisco, Jan. 16, 2017 – SVG Partners today announced its THRIVE Top 50 annual ranking of the 50 leading AgTech companies around the globe, honoring companies exemplifying the best in agriculture-focused innovation. Recognizing companies across 6 different domains within agriculture- biotechnology, connected devices, cloud services/SaaS, robotics and automation, big data & analytics, and supply chain & infrastructure- the list is a result of direction and input provided by SVG Partners corporate partners Verizon, the City of Salinas, Land O'Lakes, Western Growers Association, Taylor Farms, Yamaha Motor Venture & Laboratory Silicon Valley, Driscoll’s Berries, Panasonic, JV Smith, and Wells Fargo.
Thrive AgTech, founded in 2014 is an ecosystem founded by SVG Partners that brings entrepreneurs, investors, researchers, farmers and major corporations together to solve global challenges facing the Agriculture and Food Industries.
SVG Partners works with large corporate partners to classify pressing problems from the field to consumer and identify external innovators suited to these unique challenges. After successfully working with 22 seed stage companies as part of its 8-week accelerator program, SVG Partners launched its corporate Open Innovation Program in 2016 to unite agriculture corporations with Series A+, scaling companies to proactively address labor, consumer safety, water and resource constraints, crop and soil health, and other challenges facing producers.
THRIVE 50 is one of SVG Partner’s most significant Agtech community efforts. The list is the culmination of six months of interviews, surveys and discussions with corporate partners to define specific pain points facing agriculture companies and create a framework to identify promising agtech companies. Based on the input provided by corporate partners in 2016, companies selected were required to fall within Series A-C, have a product in-market, have paying customers and have a solution in biotechnology, cloud Services/SaaS, big data analytics, robotics & automation, connected devices, or supply chain & infrastructure.
THRIVE Top 50 companies will be recognized at the THRIVE Innovation Forum on February 1st at the Quadrus Center, Menlo Park, CA.
“The awardees this year highlight a variety of companies making strides in generating solutions that bring the industry closer to understanding the immense volumes of data it generates, better environmental stewardship, better crop resilience, and consumer safety,” said SVG Partners Founder and CEO, John Hartnett, “these companies represent a powerful opportunity for the agriculture sector to produce food more sustainably, efficiently, and safely than ever before.”
Advanced Animal Diagnostics
California Safe Soil
BIG DATA & ANALYTICS
Agronomic Technology Corp
Farmer’s Business Network
ROBOTICS & AUTOMATION
Autonomous Tractor Company
INFRASTRUCTURE & SUPPLY CHAIN
ABOUT SVG PARTNERS
SVG Partners is an investment, technology and advisory firm that partners with organizations on strategy, innovation and global expansion. Since 2007, SVG’s experienced team of senior technology leaders and venture capital investors have worked with global corporations and scaling companies to drive competitive advantage from strategy to implementation. Through its accelerator and open Innovation programs, engineering and development services, and executive strategy and advisory services, SVG Partners helps build and scale innovative technology companies worldwide. SVG Partners is based in Silicon Valley, CA. www.svgpartners.com
THRIVE AgTech’s mission is to connect the expertise of tech companies to on-the-ground knowledge of agricultural companies, the financial backing of investors, and the entrepreneurs solving problems in the AgTech space. THRIVE unites these communities in order to drive the development and adoption of sustainable technology enhancements necessary for securing the global food demands of the future. The THRIVE program targets two stages of companies, the very early to commercially ready. Early stage companies accepted into the program go through a rigorous bootcamp and receive mentorship from industry leaders to help them scale their companies. THRIVE's Open Innovation program directly connects corporate partners with high growth startups to trial and deploy cutting edge technologies focused on agriculture.