The partnership will help identify and support the development of sustainable technologies that help reduce the environmental impact of crop protection and reduce field greenhouse gas emissions.
SVG Ventures THRIVE, a leading global agrifood venture and innovation platform headquartered in Silicon Valley, is partnering with Bayer, one of the world’s leading innovators in seeds and crop protection, to launch the ’THRIVE-Bayer Sustainability Challenge’ .
The challenge will identify and accelerate emerging technology solutions that will help transform global agriculture to feed the world’s growing population in a more sustainable way.
Agtech and food tech startups and scaleups whose solutions embody the combination of the Bayer sustainability commitments and THRIVE’s Global Initiative focus on the UN Sustainable Development Goals are invited to apply. Through this challenge, Bayer and THRIVE are seeking to identify and support the development of sustainable technologies that help reduce the environmental impact of crop protection, reduce field greenhouse gas emissions, and improve smallholder farmer access to agronomic knowledge, products, and services.
In addition to the investment, the startup winner will receive an invitation to participate in THRIVE’s award-winning accelerator program, access to the Leaps by Bayer impact investment team and open innovation resources, expert mentorship, and extensive media spotlight and exposure through THRIVE and Bayer channels.