Ministry gives 32 most promising ag-tech startups their day in the sun

Ministry gives 32 most promising ag-tech startups their day in the sun

Selected companies will get more access to state money and be showcased to investors looking for innovation in agriculture

Illustrative image of irrigation in a field (YouTube screenshot)
Illustrative image of irrigation in a field (YouTube screenshot)

Thirty-two “outstanding startups” in the field of agricultural technologies have been selected by the Agriculture Ministry for increased access to government funds and for showcasing to local and foreign investors,

A list of the 32 companies will be available on the Agriculture Ministry’s website, on show for “potential investors from Israel and around the world,” the ministry said in a statement on Monday.

The companies focus on such areas as biotechnology, robotics and mechanization, plant protection, business systems for agriculture, aquaculture, animals, software and sensors, and IT solutions.

The selected companies include Trellis, which uses artificial intelligence to track the fruit and vegetable supply chain from field to the supermarket shelf.

CropX, a company that computes the exact amount of water required in various parts of fields by analyzing soil structure and moisture content, thus saving farmers money on irrigation, was also selected by the ministry.

A CropX sensor in the field (YouTube screenshot)

Groundwork BioAg, a startup that develops fungus-based inoculant for commercial agriculture to enhance and strengthen crops, and PlantArcBio, whose pesticide fights the deadly red palm weevil that attacks trees around the world, were also among the 32 startups selected.

The ministry decided to set up the database of outstanding startups after meeting with international firms and foreign delegations that expressed an interest in Israeli technologies in the agricultural sector, said Minister of Agriculture and Rural Development Uri Ariel in the statement.

A Palm tree near Mevoot Hayarkon in Israel, damaged by the deadly red palm weevil (PlantArcBio)

“Now we have a ranking of the companies with the most potential,” he said. “We hope that our help and the database will enable these young Israeli companies get the exposure and the government budgets to promote the development of their products,” he said.

Michal Levy, a senior VP for agriculture innovation at the ministry, said that choosing the list of firms “was not easy, as we saw incredible technologies and products.”

Company selection was based on a number of criteria, including their level of innovation, the technological challenge inherent in the idea, the feasibility of the project’s success, the degree of potential contribution to the economy, the ability to differentiate the company from competitors, and the ability of the company team, she said.

Join us!
A message from the Editor of Times of Israel
David Horovitz

The Times of Israel covers one of the most complicated, and contentious, parts of the world. Determined to keep readers fully informed and enable them to form and flesh out their own opinions, The Times of Israel has gradually established itself as the leading source of independent and fair-minded journalism on Israel, the region and the Jewish world.

We've achieved this by investing ever-greater resources in our journalism while keeping all of the content on our site free.

Unlike many other news sites, we have not put up a paywall. But we would like to invite readers who can afford to do so, and for whom The Times of Israel has become important, to help support our journalism by joining The Times of Israel Community. Join now and for as little as $6 a month you can both help ensure our ongoing investment in quality journalism, and enjoy special status and benefits as a Times of Israel Community member.

Become a member of The Times of Israel Community
read more: