SAN FRANCISCO, September 25, 2018 (GLOBE NEWSWIRE) – TERRA, the leading Food and Agriculture Accelerator, launches its third cohort next week, bringing 17 of the most innovative startups from around the world on board to partner with industry giants. TERRA founding partners RocketSpace, a Silicon Valley-based third-party innovation consultancy, and Rabobank, the leading provider of financial services to the food, agro and beverage industries, are supported by a group of the world’s most influential companies: AgroFresh, Beta San Miguel, GrainCorp, Griffith Foods, Grupo Azucarero Mexico / CULTIBA, Nestlé USA, OSI and Tate & Lyle.
Founded in 2016, TERRA is a global innovation accelerator driving breakthrough changes in nutrition and agriculture to advance the well-being of our people and our planet. The program brings together experts, decision makers and innovators along the entire value chain and promotes connections that catapult big breakthroughs into scalable solutions by bringing together emerging growth companies with established multinational corporations in a pilot project that leads to tangible results.
The TERRA team reviewed hundreds of applications from emerging growth companies around the world and shortlisted 160 applicants for just 17 spots. Selected startups represent eight countries. Cohort III welcomes: Anergy (Singapore), Bird Control (USA), BoMill (Sweden), ClariFruit (Israel), EarthSense (USA), Elio (Brazil), Good Spread (USA), Here (USA), Jackson’s Honest (USA .)), Miyoko’s Kitchen (USA), Nutrifusion (USA), Opertech Bio (USA), Phyco Health (Australia), Swarm Engineering (USA), TE-FOOD (Germany), Xtrem Biotech (Spain) and Zymtronix (USA) .
In the last two cohorts, the TERRA program has driven advances in farm management, food traceability and transparency, waste reduction, precision farming, and food safety, to name a few, through the smart application and pilot testing of emerging technologies. Since its introduction less than two years ago, TERRA has brought together:
- 11 company employees with annual sales exceeding $ 100 billion
- 49 emerging growth companies
- 31 pilots started
- 25 countries represented
In contrast to other accelerators, TERRA does not require startups’ equity. They must have a product on the market / ready to launch and have a minimum of seed capital to better position them for productive pilots with collaborators. You can find more information about TERRA at www.terraaccelerator.com.
RocketSpace is a global ecosystem of people and ideas that provides the speed – both speed and direction – necessary to help the world’s leading innovators bring the future to market. Founded in 2011 in San Francisco, the global network of technology campuses and services is designed to help technology startups scale. RocketSpace also helps companies fuel their continued growth by tapping into its ecosystem of top startups from around the world. Learn more at rocketspace.com.
About the Rabobank Group
The Rabobank Group is a leading global financial services company providing banking, leasing and real estate services to large customers, rural areas and private customers in more than 40 countries around the world. Rabobank was founded over a century ago and is now one of the largest banks in the world, with assets of over $ 750 billion. In North America, Rabobank is the leading bank for the food, agricultural and beverage industries and offers its customers industry expertise, strategic advice and tailor-made financial solutions across the entire food value chain.
Rabobank believes that sustainability and innovation are critical to fostering a thriving food and agribusiness that will feed the growing world population for years to come. This is a key focus of Rabobank Banking for Food’s vision to create a better world by 2050.