The challenge will provide a platform to explore disruptive and innovative technologies across the entire food value chain, covering soil health, digital tools, supply chain tech
Radicle Growth, a company-building platform for early-stage ag and food technologies, has announced its partnership with UPL, a global provider of sustainable agriculture products and solutions. The partners have come together to run ’The Radicle Carbon and Soil Challenge by UPL,’ which sets out to invest $1.25 million in two start-up companies that can positively impact and reduce the carbon footprint and improve the soil health of the food value chain.
The challenge provides a platform to explore disruptive and innovative technologies across the entire food value chain, covering soil health, digital tools, supply chain tech, biologicals, plant nutrition, fintech, carbon markets, MRV, new business models, and livestock management. A $1 million investment will be made in The Challenge winner and a $250,000 investment in the second-place winner to accelerate their growth.
Jai Shroff, Global CEO, UPL Ltd. said, “At UPL we strongly believe in the power of open collaboration to connect people and problems with game-changing technologies and solutions. That is why we are launching The Radicle Carbon and Soil Challenge in partnership with Radicle Growth, to pool the best ideas, innovators, start-ups and scientists that will help protect and preserve one of our most valuable natural assets: soil.”
Investment decisions will be made during a ’Pitch Day’ in San Francisco in March 2022. A judging panel of industry experts, soon to be announced, will hear from four to six finalists who will be chosen from the global applicant pool. In addition to the funding, the winners will also get access to advise from both UPL and Radicle senior executives to help accelerate their company’s business and technical efforts.
