“Turning brilliant ideas into viable farming industry businesses requires an intricate combination of industry experience, academic resources, in-field validation opportunities and a diverse collection of agricultural partners and investment advisors,” said Kirk Haney, CEO of Cloud Break Advisors. “Our entrepreneurial roots, deep-rooted Ag network, and proven ability to successfully select and develop game-changing Ag companies ensures we can help AgTech innovators reach their full potential. By better understanding and managing the global AgTech opportunity, we provide a fertile environment for AgTech visionaries to not just grow, but to flourish.”
With a focus on global Ag solutions, Radicle now offers a specialized platform to incubate high-quality AgTech companies that can solve global farming problems.
“DuPont Pioneer continually scouts the innovation frontier for novel ways to improve agricultural productivity and seeks to collaborate with those on the cutting edge of science, even at the earliest stages of technology development,” said Neal Gutterson, vice president, Research & Development, DuPont Pioneer. “Radicle’s virtual accelerator operating model and investing approach is expected to help Pioneer achieve these objectives.”
Radicle focuses on the areas where growers face the greatest challenges to productivity, sustainability and quality in food and agriculture. These include technology fields like genomics and plant sciences, seed tech, biologicals for crop protection and regulation, digital Ag (application of data and predictive analytics to precision Ag), and disruptive or novel farm systems.
Arama Kukutai, Partner at Finistere Ventures noted, “By providing a seed funding round and comprehensive diligence, Radicle offers a unique platform to help entrepreneurs build a Series A finance ready company faster, with less capital. Radicle takes technology from global innovation centers that are already de-risked from a science perspective, and then applies its deep domain knowledge, connected network of capital, talent and market access. We expect a deeper and better prepared pipeline of new AgTech companies to emerge.”
The Radicle accelerator fund provides:
“Investing in the Radicle accelerator fits perfectly with Bayer’s global investment strategy,” added Geoff Kneen, R&D Licensing & New Ventures Manager for North America, Bayer. “It complements our VC partnership with Finistere, which can support earlier stage ventures in the United States with a global pipeline. The deep AgTech knowledge and experience of the management team and investor partners will be able to provide strong guidance to the start-up companies.”
Radicle maintains a physical presence in all core markets, including San Diego, Palo Alto, Research Triangle Park, the Midwest and Israel. In addition, with an expansive global reach, Radicle currently partners with: CSIRO and Uniseed (Australia); AVAC and Verdex Capital (Canada); Innovation Endeavors, OurCrowd and Yarden Group (Israel); as well as select accelerators and incubators in Australia and beyond. For investment partners, Radicle actively screens potential deals based on technology, execution and market risks, and can rapidly vet and validate technologies based on its extensive farming base.
℠ Trademarks and service marks of DuPont, Pioneer or their respective owners.