Turatti joins the THRIVE AgTech Venture & Innovation Platform to Advance Automation and Innovation in Food Processing
Media Contact: Emily Breslin, SVG Partners, Emily.Breslin@svgpartners.com
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.
At its manufacturing headquarters in Salinas, California, Turatti North America manages the sales, services, and support for its U.S., Canadian, and Mexican customers. Also located at its Salina’s facility, Turatti’s Automation and Robotics division is focused on helping food processors overcome the challenges they face in meeting the ever-increasing demand for consistency and quality. Regarding this commitment, President and CEO of Turatti North America, Dr. Alessandro Turatti, said “we want to move from a position of reacting to changes, to anticipating the signals coming from our customers and having an eye on the right, proven solutions. This requires us to be plugged into platforms like THRIVE and to connect with entrepreneurs that come through the THRIVE program every year.”
The THRIVE AgTech Venture & Innovation platform brings corporate partners across sectors together to steer and support technology companies focused on more sustainable, high efficiency, and safe food production in the future. With the help of its partners and startups, THRIVE’s mission is to increase the efficiency of food production while simultaneously cutting the environmental degradation and food safety hazards associated with it.
“We are thrilled to have Turatti North America join the THRIVE Venture & Innovation Platform and bring their expertise and insight around food processing to our partners and startups,” said John Hartnett, founder and CEO of SVG Partners and THRIVE.
Founder John Hartnett announced THRIVE’s partnership with Turatti North America during the annual Forbes AgTech Summit held in Salinas, California earlier this month.
ABOUT TURATTI NORTH AMERICA
Turatti Group is a worldwide leader in food-processing technology and providing automated solutions. Established in 1869, the group has been owned for five generations by the Turatti family, conducting all operations with a commitment to innovation, social responsibility, and providing cutting-edge food-processing solutions.
For over seven decades the group has been operating in North America, being the proud supplier of some of the major US and Canadian food processors. A 20,000-square foot state-of-the-art facility in Salinas, CA hosts the headquarters and manufacturing plants of Turatti North America. Its operations manage the sales, services, support, and spare parts for the group, and represent other high-class solutions providers on robotics and automation for the US, Canadian, and Mexican markets. http://www.turatti-na.com/
ABOUT SVG PARTNERS
SVG Partners is an investment, technology and advisory firm that partners with organizations on strategy, innovation and global expansion. 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, SVG Partners helps build and scale innovative technology companies worldwide. SVG Partners is based in Silicon Valley, CA. www.svgpartners.com
ABOUT THRIVE AGTECH
THRIVE AgTech’s is a vibrant AgTech ecosystem with the mission 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 agriculture sector. 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.