Ag-tech session Chair: Robert Walker · $125 m *Anterra Capital Fund I (extended) CapAgro...
Transcript of Ag-tech session Chair: Robert Walker · $125 m *Anterra Capital Fund I (extended) CapAgro...
Ag-tech session
Chair: Robert Walker
Dreaming of an ag-tech unicorn: the new world of startups
Patrick Walsh Founder of Dogpatch Labs
Our diverse community of startups range from big to small and focus on areas such as fintech, AI, security, IoT and empowering people for
social change.
Ag-tech and new food
Ag-tech was the
second-fastest-
growing sector in
tech for startups in
2017.
Change is happening
In 2017, more than $1.5 billion
was invested in ag-tech startups,
while 2018 saw more than $2
billion invested.
Note: Does not include food-tech startups. Pitchbook data
up to Aug. 2018. Projection by Dogpatch Labs.
$2B invested
in ag-tech
Ag-tech VC investments broke $2 billion in 2018
?
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017
$147m
$32m
$75m
$34m$75m
12 $40m
$127m
$115m
?
$19m
$125m$42m
$25m
$20m
$110m
$125m*
$105m
$105m
$24m
2018
$60m
$60m
$24m
$52m
$46m
Notable funds
$200 m
$147 m
$127 m
$125 m
*Anterra Capital Fund I (extended)
CapAgro Innovation Fund
Fall Line Farms Fund I
S2G Ventures
2018
2017
2013
2015
$115 m Cultivian Sandbox Fund II2013
$75m*
More ag funds created in the past three years than in the previous 12
Keeping InTouch with your customers
Eddie DalyBusiness development manager, InTouch
• Tech is meant to serve the customer• Data serves to provide to actionable insights• Have a strong value proposition
Building the best brand for your business
Kevin DardisSenior business development manager
• Focus on customer-centricity• 7 different fundamentals:
o Differentiate o Collaborate o Innovate o Validate o Cultivate o Be purposeful
Using telematics to drive business efficiency and build better customer relationships
James BettsClass Europe
Farming equipment tends to be very big, very expensive and extremely heavy. That means that the operator can’t exactly stop at the local dealership if something goes wrong, and when it does, it can be major, leaving the combine or whatever other vehicle in the middle of the field, unable to move under its own power.
That’s why telematics are a lifesaver for many farmers, since the maintenance company or manufacturer can monitor the vehicle remotely, checking its systems and checking that the vehicle isn’t set to overload any stressed components.
Farmers now have the ability to remotely collect and manage information from their field equipment by using telematics technology. The future of farming is here today.
Pearse Lyons Accelerator Lightning Pitches
Swine Tech, U.S.SwineTech is the world’s leading solution to reduce piglet crushing and pre-weaning mortality, as well as to monitor sow health.SomaDetect, CanadaIn-line sensor that measures every critical indicator of dairy quality (including fat, protein, somatic cell count, progesterone and antibiotics) from every cow at every milking.Breedr, U.K. The world's first trading app for livestock farmers that uses shared data to optimize yield, quality and profitability.Terra Nutritech, IrelandPrecisely feeding supplements into the water systems on farms, reducing labour and improving returns.Biome Makers, U.S.Measuring crop health and functional biodiversity by using DNA sequencing and intelligent computing.
Precision Liquid Supplementation
Generating unseen data for agriculture
US Patent application No. 62263488 Rapid, actionable results
DNA sequencing
Bio-informatics
Artificial intelligence
Ag-tech capital: Creating future growth through funding and collaboration
Aidan ConnollyCEO of Caintis
• Senior management need to act like a VC.
• Create internal moonshot weekends, hackathons.
• Encourage your people to put up their hands and volunteer.
• Identify essential projects — and support them from the top .
• Accelerate. Everything.
Panel discussion: How ag-tech is transforming the food supply chain
Moderated by Damien O’Reilly
• Processors need to refine data delivery to enable farmers to make more informed decisions.• All parties in the food supply chain need to be respectful and selective in the extraction and
use of data. • Data needs to add value through a transparent/translation approach. • For farmers, it is all about the simplicity of retrieving and using the data.• Ag-tech is accelerating food transparency from start to finish.