Hundreds of Investors and Global Agriculture Experts from 20 Countries Attend AgriVest 2016 in Israel Showcasing Potential for Investment in Israeli Agricultural Technology
Some of the most promising and innovative Israeli agtech start-ups pitched their technologies yesterday (27th September 2016) at the fourth International AgriVest Conference held at the Weizmann Institute of Science. The conference is an initiative of Trendlines Agtech, an incubator of The Trendlines Group, Invest in Israel, the investment promotion center at the Israeli Ministry of Economy & Industry and GreenSoil Investments, an Israeli VC focused on agro & food tech investments.
Some 450 businesspeople, entrepreneurs, government officials, scientists and investors from Israel and abroad attended the conference.
In her opening remarks, Dr. Nitza Kardish, CEO of Trendlines Agtech said: "We have instituted an event that is not only an integral part of the Israeli agtech landscape, but may well have the power to influence the agriculture of the future. This year we have included the farming community which is so heavily influenced by developments in agtech. The AgriVest conference is a unique platform for Israeli start-ups and entrepreneurs to meet with investors and key people in the global agricultural industry, with an eye to reveal the potential of investing in innovative developments."
Oded Distel, Director of Invest in Israel at the Israeli Ministry of Economy & Industry added: “The Ministry of Economy & Industry is delighted to once again be showcasing some of the most exciting and innovative Israeli agtech companies at AgriVest. There is no better place in the world to learn about and embrace the ideas pushing the sector forward than Israel. How to achieve less with more has been one of the country’s drivers since its inception and the Israeli ability to take innovation from one discipline such as aerospace or defense and apply it to agtech is quite unique.”
The highlight of the conference was a competition between 12 Israeli start-ups that presented the newest innovations in Israel’s agricultural technology. The companies were selected by a professional, independent committee headed by Dr. Avi Perl, Chief Scientist at the Israeli Ministry of Agriculture from more than 40 companies that vied for the privilege of exhibiting at the conference. During the event the start-ups were assessed and graded by participants with prizes awarded to the companies with the most points — based on a weighted calculation of votes from the audience and judges during the day.
The winning startup was Enzootic, developing a platform for crustacean aquaculture and the 2nd prize went to FieldIn, developing a pest management solution for high-value crops.
A new prize category this year is the Impact Prize, which went to ATPLabs, developing a system to integrate ag data to enhance the food-production chain.
Gideon Soesman, Co-Founder and Managing Partner, GreenSoil Investments remarked: “AgriVest showcases technologies that will enable us to produce unique foodstuffs, additives, seeds and agricultural products to combat the stress on our dwindling natural resources. Investing in new crops, treatment methods, waste reduction and yield enhancement will provide solutions to the world’s food crisis and can deliver sizable returns to investors.”
The conference included an array of distinguished speakers and guests: Adrian Percy, Head of CropScience R&D at Bayer and Jeroen Leffelaar, Managing Director of Large Corporate Food & Agri at Rabobank made the keynote addresses. Two professional panels featured international and local agritech opinion leaders including: Mitchell Presser, Freshfields; Pat Christie, Conservis; David Gray, Altima Partners; Tom Green, Spearhead International; Maarten Goosens, Anterra Capital; Robert Grossman, Greenberg Traurig; Ofer Haviv, Evogene; Arama Kukutai, Finistere Ventures; Michael Lee, Syngenta Ventures.
The 12 companies that took part in the competition were: AseptoRay, ATPLabs, Enzootic Holdings, Farm Dog, FFMH Tech, FieldIn, InPlant Technologies, NeoTop Water Systems, NRGene, Tevatronic, UniVerve, ViAqua Therapeutics.
About AgriVest 2016
AgriVest is organized by Trendlines Agtech, an incubator of The Trendlines Group; Invest in Israel, the investment promotion center at the Israeli Ministry of Economy & Industry; and GreenSoil Investments, an Israeli VC focused on agro & food tech investment. Organizing partners for AgriVest 2016 are IATI, The Israel Export Institute, Israel NewTech, Start-Up Nation Central, and The Israel Innovation Authority.
Sponsors of AgriVest 2016 are Greenberg Traurig LLP, Freshfields Bruckhaus Deringer LLP, Bayer, Evogene, Shibolet &Co., Ernst & Young Israel, Tong Fang Smart City, Stockton Group, Impact Investing Israel, SOSA, Finistere Ventures, Robert Bosch Venture Capital Gmbh, BASF, Linn Grove Growth Funds, Rootility, Gefen Capital, GlobalSTL, Technion Technology Transfer, AgriNation VC.
Media partners are AgFunder and GoforIsrael.
For more information contact:
Foreign Media Advisor to the Ministry of Economy