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Market Watch April 7, 2023

SVG Ventures | THRIVE Announces 5 Global Startups Selected for Accelerator Program

By SVG Ventures | THRIVE

SVG Ventures | THRIVE has announced the five global startups selected to join the 9th cohort (THRIVE IX) of their award-winning accelerator program.

The five companies were selected from an applicant pool of over 500 startups from across 75 countries. The competitive selection process, conducted in collaboration with THRIVE’s corporate partners, focused on startups’ potential impact on sustainability as well as commercial success.

The THRIVE Accelerator Program combines an intensive startup curriculum with access to a multitude of resources including investment, access to corporates and investors and tailored mentorship from industry experts within THRIVE’s extensive network. The program provides companies with a strong foundation supporting global growth at an accelerated pace.

To date, THRIVE has graduated over 100 startups through its award-winning program and these startups have created more than $1 billion in value. The program has been acknowledged as the #1 AgTech Accelerator by AgFunder and SVG Ventures has been recognized by Crunchbase as the Most Active AgTech Investor.

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“THRIVE IX brings together some of the brightest and most innovative agrifood tech companies in the world,” said John Hartnett, CEO, SVG Ventures | THRIVE, “I’m delighted that we can support these companies as they scale their innovations and create a positive impact for our world.”

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The five companies, from Israel, The United States, Italy, Spain, and France will kick off their three-month accelerator program next week in-person in Silicon Valley with attendance at the World Agri-Tech Summit, tours of farms, networking events and more!

The THRIVE IX Cohort is comprised of the following startups:

  1. Arugga AI: Kfar Monash, Israel
  2. Continuum Ag: Iowa, United States
  3. Cynomys: Genoa, Italy
  4. Ficosterra: Burgos, Spain
  5. Sensegrass: Paris, France

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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 8,000 startups from over 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. SVG’s global partners include leading government, agriculture, and technology corporations such as Alberta Government, Old’s College, Calgary Economic Development, Corteva, Driscoll’s, FCC, BASF, Kubota, Land O’Lakes, Trimble, Taylor Farms, Bayer, ICL, SHELL, Nutrien, Intel, Valmont, UFA, Yamaha Motor Ventures and Wilbur-Ellis.
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