Arieli Capital Launches Second Cohort for START AgriTech Program

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Arieli Capital, a multi-faceted investment firm, has announced the launch of the second cohort for its venture scale-up program, START AgriTech. This program aims to support climate-focused ventures that address environmental challenges through advanced technological solutions. The program is a collaboration between Arieli Capital, Ramat Hanegev Regional Council, Utah Tech University, Haifa Group, and Exit Ventures, with sponsorship from The World Trade Center Utah.

The first cohort of START AgriTech, which took place in 2023, saw the participation of 8 ventures. These ventures collectively raised $9.5 million in investment capital and achieved significant milestones. Notably, Nanomnia secured a second pilot with a multinational agriculture corporation, and We-Agri, whose platform allows farmers to track and sell carbon credits, received validation for its largest project.

The second cohort, scheduled to take place in St. George, Utah from April 14-18, consists of 11 highly innovative startups. These startups, in their Seed to Series A phases, have raised over $44 million and generated $4.7 million in revenue. Each startup focuses on various aspects of agriculture technology, including solar tracking systems, ground robots for plant treatment, nutrient enhancement, postharvest solutions, compost conversion, weed control, water purification, pesticide development, saffron cultivation, and versatile plant growth.

Arieli Capital, with its strong presence in the desert and agriculture technology sectors, has developed a close relationship with the state of Utah. The firm believes that the second cohort of START AgriTech will further contribute to creating value and supporting climate initiatives.

To learn more about the program and participate in the final expo and pitch event, interested parties can visit the Arieli Capital website.

About Arieli Capital:
Arieli Capital is a leading investment firm and partner in next-generation technology companies. The firm focuses on creating real impact while prioritizing financial returns. With extensive experience and partnerships, Arieli Capital is trusted by governments, academic institutions, multinational corporations, and financial organizations.

Media Contact:
Nataf Dgani
Head of Marketing, Arieli Capital LLC
[email protected]

Arieli Capital operates in the investment industry, specifically as a multi-faceted investment firm. They are known for being a partner in next-generation technology companies and focus on creating real impact while prioritizing financial returns. They have extensive experience and partnerships, leading to their trust by governments, academic institutions, multinational corporations, and financial organizations.

The industry in which Arieli Capital operates, specifically the venture scale-up program START AgriTech, is the agriculture technology sector. Agriculture technology, also known as AgriTech, refers to the use of technology in agriculture to improve farming practices, increase productivity, and address environmental challenges.

The market for agriculture technology has been growing rapidly in recent years. According to market forecasts, the global agriculture technology market size is expected to reach $22.5 billion by 2025, growing at a CAGR of 12.2% from 2020 to 2025. This growth is being driven by several factors, including the need for sustainable farming practices, the increasing global population, and the demand for higher agricultural productivity.

One of the main issues related to the agriculture technology industry is the need to address environmental challenges. This includes reducing the environmental impact of agriculture, improving resource efficiency, and mitigating climate change. START AgriTech, the program launched by Arieli Capital, aims to support ventures that specifically address these environmental challenges through advanced technological solutions.

To learn more about the program and participate in the final expo and pitch event, interested parties can visit the Arieli Capital website.

Sources:
Market and Markets – Agriculture Technology Market