Cultivator’s Agtech Accelerator has announced the 16 startups selected to participate in their second cohort and two Vancouver startups made the cut.
Vancouver’s Verdi and Barrelwise are two of the 16 companies from across Canada and the U.K. to be selected.
BarrelWise designs integrated measurement and data systems which improve efficiencies and control in winemaking.
The company’s flagship product, the FS1, is a cloud-connected SO2 analyzer for winemaking. It allows wineries to take routine measurements up to 15x faster than traditional lab analysis, directly in the cellar.
Agtech Accelerator is a venture-backed program that combines agriculture and technology to accelerate the development of agriculture technology startups in Canada and beyond.
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 $31.7 million in private capital, generating $16.2 million in revenue, and receiving $19.1Million in public funding.