Unveiling the latest crop of cohort 3 AGTECH ACCELERATOR companies
(Regina, SK – Tues., Feb. 13, 2024)– The AGTECH ACCELERATOR, founded by Cultivator powered by Conexus (Cultivator), Emmertech, and Economic Development Regina (EDR), is excited to announce the 15 companies selected to participate in cohort 3 of its program. The AGTECH ACCELERATOR program is a 12-week, venture-backed accelerator program built with founders and farmers as the foundation, and combines agriculture and technology to accelerate the development of agriculture technology startups in Canada and beyond.
From March to June each year, the selected cohort companies go through intensive programming, connect with expert mentors, investors, industry leaders and producers, and at the end of three months, founders will pitch their company at Demo Day on the Launch Pad Stage at Canada’s Farm Show, in Regina, SK.
Through a global partnership with Innovate UK, the UK’s national innovation agency, 4 UK-based agtech companies will join cohort 3 as part of the Innovate UK Global Incubator Programme to further accelerate the cultivation of agtech innovation on a global scale. This partnership has proved to foster new perspectives and innovation to the AGTECH ACCELERATOR cohort, further establishing Saskatchewan as a global agtech hub.
“The Innovate UK Global Incubator Programme – AgTech, supports startups as they spend time in world-leading incubators outside the UK. Our partnership with Cultivator provides an ideal destination for UK AgTech companies looking to innovate, build partnerships and grow in Canada.” said Jon Hazell, Partnership Manager – North America and Global Incubator at Innovate UK.
Since its launch in 2021, the AGTECH ACCELERATOR has garnered impressive success and growth. To date, 32 cohort 1 and cohort 2 companies have collectively raised $107.7 million in private capital, generated $47 million in revenue and received $32.7 million in public funding. This success underscores the quality of cohort companies and the demand for their innovative technologies. With cohort 3 on the horizon, we look forward to the continued success emerging from the 15 high-growth companies.
Prairies Economic Development Canada, Innovation Saskatchewan, Innovate UK, UFA, FCC, Wabach Heartland Innovation Network (WHIN), Glacier Farm Media Discovery Farm, Canada’s Farm Show, AIM for Climate, Olds College, University of Saskatchewan, University of Regina, and Saskatchewan Polytechnic have joined forces with the founding partners of the AGTECH ACCELERATOR to combine their strengths and collectively work towards a sustainable future by supporting the growth of innovative agricultural companies across the country and around the world.