SVG Ventures announces inaugural THRIVE Canada Accelerator Cohort
Summary
The selected companies benefit from a three-month program that provides investment, direct access to prospective customers, partners, mentors and subject matter experts in addition to global brand visibility. The consortium, which also include Jobs, Economy and Innovation and the Opportunity Calgary Investment Fund, allocated $35 million over three years to retain business accelerators. Its part of an overall government goal to help create 20,000 jobs and increase technology firm revenue to $5 billion by 2030.The THRIVE Canada Cohort is comprised of the following startups:aiSight makes agriculture supply chain automation more efficient and sustainable using their computer vision video analytics solution.AGvisorPRO instantly connects the ag industry to deliver sustainable solutions through a network of premium, trusted, specialized advisors.Cattle Scan identifies a sick cow two to three days before she drops her milk production and allows a dairy producer to save $1.3K worth of milk per sick cow by catching a sickness BEFORE a farmer even realizes there is a sick cow.EcoBloc reduces inventory loss, operational downtime and biosecurity risk resulting from rodent destruction in the global food supply chain.Ladybug Robotics develops intelligent vineyard pruning robots to save the burden of finding seasonal workers while reducing the operational cost by half.Nectar uses precision beekeeping technology to help commercial beekeepers raise healthier honeybee colonies, provide specialty crop growers analytics to optimize pollination and brings agrifood stakeholders the biodiversity data to optimize toward a resilient food supply chain.Nurture Growth Biofertilizer upcycles food waste from restaurants and transforms it into an organic microbial biofertilizer with biostimulant and bioinnoculant benefits.RHST Industries Water Pearl is a high impact Ag technology which reduces water footprint 30-50% by limiting the effects of evaporation coupled with a 20-30% increase in plant yield.Susterre is introducing ultra-high pressure water jets into row crop planting applications. They facilitate no-till farming, driving down farm costs, regenerating the soil and preserving natural resources.Verdi builds variable rate irrigation and fertigation for specialty crops, helping farmers grow uniform yield and quality, and beat drought.SVG Ventures | THRIVE is the leading global agrifood investment and innovation platform headquartered in Silicon Valley, and comprised of top agriculture, food & technology corporations, universities, and investors. With a community of over 5,000 startups from 100 countries, the THRIVE platform invests, accelerates, and creates unparalleled access for entrepreneurs to scale globally to solve the biggest challenges facing the food and agriculture industries.