MELBOURNE, AUSTRALIA, February 19th, 2024 SVG VenturesITHRIVE has announced the nine companies that will participate in the second iteration of their THRIVE APAC Accelerator Program. Based out of Melbourne, Victoria, the program will support scaling AgTech companies from Australia and New Zealand with a focus on supporting global growth.
The APAC Accelerator program underscores SVG VenturesITHRIVE’s commitment to supporting the AgriFood tech ecosystem in the APAC region, and builds on the success of their inaugural program which concluded in June 2023. SVG|THRIVE is uniquely positioned to support APAC entrepreneurs by connecting them with their extensive global ecosystem.
Companies were selected following a virtual pitch day where 20 finalists pitched to a panel of industry judges including representatives from Dairy Australia, Meat & Livestock Australia, GRCD, Warakirri, Breakthrough Victoria, Trawalla Group, LaunchVic and Agriculture Victoria.
The APAC Accelerator program is designed to help companies with solid traction in their home market scale internationally, leveraging THRIVE’s broad global ecosystem with a particular focus on penetrating the North American market. The program will conclude at the THRIVE Global Impact Summit which takes place on November 7, 2024 in Silicon Valley, California with bespoke meetings with global corporates and a Silicon Valley immersion program.
The 2024 program participants have developed commercial technologies spanning biological inputs; AI; hardware and software and all have a well-established local client base in the Australian market, with many having already secured their first international clients. Joining the 2024 program are:[HH1]
The THRIVE APAC Accelerator program is supported by the Victorian Government through Invest Victoria and Agriculture Victoria, complimenting the early-stage accelerators in the Australian ecosystem.
“We’re delighted to welcome our second APAC Accelerator Cohort ” said John Hartnett, Founder and CEO of SVG Ventures|THRIVE. “We look forward to accelerating their growth as they expand into new markets and create a footprint in the US and beyond.”
For more information about the THRIVE APAC Accelerator program visit svgventures.com/australian-accelerator.
About SVG VenturesITHRIVE
SVG is a leading AgriFood Innovation and Investment platform headquartered in Silicon Valley, and comprised of top agriculture, food & technology corporations, universities and investors. With a community of over 10,000 startups from over 100 countries, SVG invests, accelerates and creates unparalleled access for entrepreneurs to scale globally to solve the biggest challenges facing the food and agriculture industries. SVG’s Corporate innovation program works with Fortune 1000 corporations transforming their businesses, accelerating their growth and driving their innovation priorities. 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, Shell, Trimble, Taylor Farms, Bayer, ICL, Nutrien, Intel, Agrofresh, Valmont, UFA, Yamaha Motor Ventures, KRONE and Wilbur-Ellis. Learn more at www.thriveagrifood.com..
Media Contact SVG VenturesITHRIVE
Helen Hartnett
Helen.hartnett@svgventures.com
408-375-3056
