3Bar Biologics Wins AgSharks Competition, Earns $250,000
Summary
“In an industry forced to shoulder the crushing weight of poorly designed regulations, perpetual labor shortages and water supply insecurity, innovation is essential,” said Western Growers President and CEO Dave Puglia. During the competition, the agtech startups pitched to six expert judges and a live audience where they were evaluated on the strength of their solution and potential to scale, among other assessment categories. The panel of judges, which was comprised of venture capitalists and leaders in the agricultural industry, provided feedback to each startup and advanced 3Bar Biologics to earn the investment offer. The pitch competition is the latest WG effort to identify key innovations in the fresh produce industry and support agtech startups in bringing their technology to market. Core areas of interest for S2G are agriculture, oceans, ingredients, infrastructure and logistics, IT and hardware, food safety and technology, retail and restaurants, and consumer brands.