Cultivator’s Agtech Accelerator has announced the 16 startups selected to participate in their second cohort and two Calgary startups made the cut.
Calgary’s CultivateCI and OneCup AI are are two of the 16 companies from across Canada and the U.K. to be selected.
CultivateCI scores crop production on carbon intensity at the field or barn level, allowing producers to adopt more sustainable approaches and highlight already existing practices. This allows buyers to source low-carbon grain or animal protein that consumers are looking for and allows all parties to benefit from a transparent scoring system with full traceability.
OneCup AI is utilizing facial recognition tech on animals. The company’s flagship product is BETSY, an AI-powered creation which consists of a small computing device and several cameras.
Working onsite, BETSY is physically located where cattle gather, such as a watering hole, salt lick, or feeding station. BETSY can track the health, growth, nutrition, activity, and phenotypes of a variety of species and breeds such as cattle, sheep, bison, pigs, goats, and dogs. She can also alert users to potential issues in real-time.
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.
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