AGTECH ACCELERATOR cohort 2 is on the horizon
(Regina, SK – Wed., Mar. 1. 2023)– Today, the AGTECH ACCELERATOR, founded by Cultivator powered by Conexus (Cultivator), Emmertech, and Economic Development Regina (EDR), is excited to announce the 16 companies selected to participate in cohort 2 of the program. The companies extend globally across Canada, the United Kingdom, and Australia.
AGTECH ACCELERATOR is a program that combines agriculture and technology to accelerate the development of agriculture technology startups in Canada and beyond. It is a venture-backed accelerator program built with founders and farmers as the foundation.
The AGTECH ACCELERATOR facilitates one cohort each year, taking place from March to June, in which companies will go through programming; connecting the founders to expert mentors, investors, service providers, and producers in the industry. At the end of three months, founders will pitch their company at Demo Day as an opportunity to gain more exposure on the main stage of Canada’s Farm Show, in Regina, Saskatchewan.
The inaugural cohort of the AGTECH ACCELERATOR, consisting of 16 companies from across Canada and the UK, yielded incredible success in 2022– raising $31.7Million in private capital, generating $16.2Million in revenue, and receiving $19.1Million in public funding.
With the rooted achievement, the AGTECH ACCELERATOR has garnered attention globally, gaining over 100 applications from high-growth agtech companies. It continues to build its worldwide connections through the partnership with Innovate UK, the UK’s national innovation agency and part of UK Research and Innovation. A global partner and companies bring new perspectives and ideas to the AGTECH ACCELERATOR cohort, further establishing Saskatchewan as a global agtech hub.