MEDIA RELEASE

FOR IMMEDIATE RELEASE

FEB 13, 2024

 

Unveiling the latest crop of agtech companies for Cohort 3 of the AGTECH ACCELERATOR program

 

(Tues. Feb 13, 2024 - Regina, SK) – 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. 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.

Cohort 3 companies extend globally across Canada and the United Kingdom and are:

ABAzyne Biosciences

Saskatoon, SK

AgGene

Calgary, AB

Agtelligence Ltd

London, UK

Bug Mars

Havelock, ON

BugBiome

Bristol, UK

FlyBox

London, UK

GECO Engineering

North Vancouver, BC

Grain Discovery

Prince Edward County, ON

insporos Technologies

Vancouver, BC

Kyomei Ltd

Cambridge, UK

PathoScan

Saskatoon, SK

Pividl Bioscience

Moncton, NB

Susterre

Grassie, ON

Transport Genie

Aurora, ON

VETson

Norwich, ON

Since its launch in 2021, the AGTECH ACCELERATOR has garnered impressive success and growth. To date, 32 companies from cohort 1 and cohort 2 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 CollegeUniversity of Saskatchewan, University of Regina, and Saskatchewan Polytechnic have joined forces with the founding partners of 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.

To learn more about the AGTECH ACCELERATOR, visit Cultivator.ca/agtech-accelerator.

For media inquiries, please contact:

Cultivator powered by Conexus Media Relations   
Phone: 306-751-8201  | Email: publicrelations@conexus.ca

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About Cultivator powered by Conexus (Cultivator)

Cultivator is Canada’s first credit union led tech incubator, helping local startups launch, grow and scale their companies right here in Saskatchewan. Since launching in 2019, Cultivator has incubated and provided resources, mentorship and space to over 100 startups.  Located in Conexus’ head office building in Regina, Cultivator uses 15,000 square feet of the space including working space for founders and teams, a pitch space, and connection to the Darke Hall. To learn more, visit Cultivator.ca.

About Conexus Credit Union 

Conexus is a forward-thinking, innovative credit union committed to improving the financial well-being of our members and communities. We do this by creating simple, personal, and empowering experiences for our members that are transformation, not just transactional. One of Saskatchewan’s largest credit unions, we remain committed and connected to our communities across the province. As a local co-operative, our profits are returned to our members through our rates, no-fee accounts, community investment and more. Visit Conexus.ca for more information.