SparkLabs Demoday on 10 September brings together the brightest entrepreneurs, most inspirational investors, corporate executives, media and government leaders all focused on changing the way food is created, distributed and consumed, with sustainability as a key driver.
SparkLabs Cultiv8 says experts from various fields will also share insights and the latest global tech trends.
“Demoday is an event showcasing new products, services and business models developed by start-ups to attract investment and funding,” said Guy Hudson, managing director, SparkLabsCultiv8.
The companies receive an investment of up to $100,000 seed funding from the $10 million SparkLabs Cultiv8 fund, which brings the fund’s portfolio to 16 companies.
Hudson says the companies benefit from the resources of Asia’s largest accelerator group, SparkLabs, and the NSW Department of Primary Industries, with cohort participants able to access the space and resources of the Global AgTech Ecosystem (GATE) located in Orange, New South Wales.
The companies in the 2019 SparkLabs Cultiv8 cohort are from Australia, the US and Saudi Arabia and follow in the footsteps of the first cohort of SparkLabs Cultiv8 companies which graduated last year - and have since enjoyed success raising a total of $33 million since their inception, and now signing international sales and partnerships with leading companies.
This year’s companies participating in Demoday include:
InnerPlant – the world’s first biosensor sentinel plant platform, developed by a US based start up, that senses plant changes at a molecular level, alerting farmers to allow instant action.
Oaesis – based in Saudi Arabia, Oaesis is developing laser-based lighting systems for indoor farming that dramatically improve efficiency and reduce energy and watering costs.
MPT – an Australia-based business using sensors located in specially designed farm equipment to measure moisture in soil, collecting data that can be used to optimise planting and yields.
SIPP – an Australian company changing the way we think about coffee. They’ve developed a unique range of functional beverages packaged in sustainable home compostable packaging with $1 from every pouch sold donated to Wildark, an organisation dedicated to making our planet more sustainable.
The Training Paddock – an Australian-developed online skills management system providing farmers with insights about workers’ skills, and steers and validates workers’ professional development.
traive – initially being rolled out in Brazil, traive is an online lending platform using artificial intelligence and big data to support new risk-reduced lending opportunities in agriculture.
Zetifi – an Australian company that has developed affordable solar powered on-farm WiFi overcoming mobile blackspots and helping to simplify and streamline farm management.
“Our model is for seasoned entrepreneurs to work with new founders to grow their businesses, maximise their impact and provide access to international networks of investors, customers and partners,” Hudson said.