2022 AGLAUNCH365 COHORT PREPARES FOR PUBLIC PITCHES AND FARM TRIALS

Selected startups will be pitching at the Top Producer Summit and Mid-South Farm and Gin Show in February and deploying on-farm trials with the AgLaunch Farmer Network members in the spring of 2022

MEMPHIS, Tenn. (February 9, 2022) —  The seven agtech startups selected to participate in the 2022 AgLaunch365 Accelerator will showcase and pitch their technologies to farmers this month at the Top Producer Summit held in Nashville, Tennessee and the Mid-South Farm & Gin Show held in Memphis, Tennessee and  both events offer options to participate virtually.

These public presentations mark the end of an intensive six-week accelerator program where startups refined their go-to-market strategies and farm trial plans, learned about investment opportunities and how to work with farmers, and gained insight about innovating within the agriculture industry. After the completion of the accelerator, the startups will trial their technologies with the AgLaunch Farmer Network, supported by the AgLaunch farm  team. The startups will receive support for their farm trials through the Tennessee Department of Agriculture.

At the center of AgLaunch’s work is a group of farmers engaged and committed to seeing promising agtech startups succeed. The companies participating in the AgLaunch365 Accelerator have been screened, vetted, and endorsed by farmers at each stage of the process. Central to the AgLaunch thesis is the belief that the innovators that will lead us into the future of agriculture will be the ones that are selected by farmers and that work alongside farmers to develop new technologies that address pressing agricultural challenges.  To that end, AgLaunch has built a network of early adopter farmers and structured programming for startups to trial their technologies on-farm and receive feedback from farmers at an early stage.

“I’m excited about the startups participating in the program this year. They’re all working on solutions to challenges we face in the field every day,” said Alex Forsbach, owner of Growing Acres farm and member of the AgLaunch Farmer Network. “With some early farmer involvement to shape the technology development and ensure that they are really serving farmer needs, these companies could make a huge impact.”

This year the AgLaunch365 Accelerator included both Row Crop and Livestock focused startups for the first time.  The seven teams participating in the 2022 AgLaunch365 Accelerator are:

BovIQ                                                                                                                                                                                                                        BovIQ is a mobile app that integrates cattle, land, and carbon for more valuable calves, more productive land, and sequestered carbon. Their calf certificates increase market value by more than $100/head, while their grazing management system saves more than $200/cow. Their system also quantifies the capture of nearly 1 billion tons of atmospheric carbon.                                                                                                                               Founder: Christian Nielson. Pittsboro, NC.

Holganix                                                                                                                                                                                                                  Holganix Bio 800+ charges soils with over 800 species of beneficial soil microbes to build soil health and crop yield. For farmers, ultimately, that means Holganix Bio 800+ improves their profit per acre, giving farmers the tools they need to drive both economic and environmental sustainability on the farm.                                                                                                                                                                                              Founder: Barrett Ersek, Aston, PA

Innatrix                                                                                                                                                                                                                  Innatrix: Innatrix is developing eco-friendly peptide and GMO products to control critical crop diseases and pests, such as soybean cyst nematodes.  We anticipate helping farmers reduce chemical pesticides use 30%, increase the yield at least 10%, to make farm business more profitable.                Founder: Dr. Jiarui Li, Cary, NC.

Phinite                                                                                                                                                                                                                    Phinite uses a proprietary low-cost, low-energy drying system that turns animal manure into an odorless, regenerative fertilizer product.  Our livestock partners receive a profitable model for monetizing their waste, while crop farmers benefit from our carbon-rich, affordable fertilizer that helps build soil health and improve profitability.                                                                                                                                                                Founder: Jordan Phasey, Durham, NC

​​Salin 247                                                                                                                                                                                                                      Salin 247 is working to improve soil health and increase farm profitability by providing growers with small, light-weight, electric-powered, autonomous farm machinery.                                                                                                                                                                                            Founder: Dave Krog, Ames, IA

SoilMetrix                                                                                                                                                                                                               SoilMetrix Software as a Solution (SaaS) creates artificial intelligence-generated “virtual soil sample” soil fertility zone management maps. Applying the SoilMetrix solution enables farmers to apply the right nutrients at the right time at the right place, improving both the farmer’s environmental impact on their land and their farm’s ROI.                                                                                                                                                  CEO: Jim Reed, Durham, NC

Susterre                                                                                                                                                                                                                        Susterre is revolutionizing row crop planting by using ultra-high pressure water jets to better cut through crop residue, while placing crop inputs into the soil.  Susterre’s technology makes no-till farming more sustainable, gives farmers more time to plant, and reduces planting costs.          Founder: Michael Cully, Toronto, Canada

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About AgLaunch Initiative                                                                                                                AgLaunch is revolutionizing the way that innovations in agriculture and food are brought to market by bridging the present and future to grow a more diverse and sustainable farm economy and provide healthy food for all. AgLaunch leverages its distributed network of farm incubators, entrepreneurial farmers, aligned capital partners, research consortia, technical consulting, and best-in-class accelerator programming to effectively challenge the status quo and thoughtfully create value for farmers and the communities they serve. The AgLaunch vision is a transformed regional agriculture and food economy centered around farmers, innovation, and prosperity.

About Farm Journal                                                                                                                                  Farm Journal is the nation’s leading business information and media company serving the agricultural market. Started 142 years ago with the preeminent Farm Journal magazine, the company serves the row crop, livestock, produce and retail sectors through branded websites, eNewsletters and phone apps; business magazines; events; nationally broadcasted television and radio programs; a robust mobile text marketing business; and an array of data-driven paid information products. Farm Journal also is the majority shareholder of the online equipment marketplace, Machinery Pete LLC. In 2010, the company established the non profit, public charity Farm Journal Foundation dedicated to sustaining agriculture’s ability to meet the vital needs of a growing population through education and empowerment.

About Top Producer Summit                                                                                                              February 14-16, 2022, Nashville TN (with virtual participation options)                                                                                                                      With Nashville as the backdrop, Top Producer Summit brings together the nation’s top producers for networking, education, entertainment and more. Take time away from the farm to discover business opportunities, gain invaluable insights and increase your competitive advantage. Or tune in the following week online to find the top educational sessions from Top Producer Summit, connect with farmers from around the world and invest in your operation.

About Mid-South Farm & Gin Show                                                                                                      February 25-26, 2022, Memphis, TN (with virtual participation options)                                                                                                                    The 70th Annual Mid-South Farm & Gin Show will be held February 25 & 26, 2022 at the Renasant Convention Center, 255 N. Main Street, Memphis, Tennessee.

For More Information:                                                                                                                          Lilly Tench                                                                                                                                                                                                                          ltench@aglaunch.com

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