SILICON VALLEY, CA, JUNE 15, 2022 – On the hunt for the most innovative, global companies creating the biggest impact in driving toward a net-zero future for agriculture, SVG Ventures|THRIVE – and partner ICL Planet Start-up Hub – have launched the Global Impact Challenge.
The urgency of the climate crisis is more apparent than ever, and disruptive innovation is key to creating a more sustainable, prosperous, inclusive, healthy and equitable future. The world is already feeling the effects of climate change on a global scale and combating this crisis requires urgent and immediate attention. It is, by far, the defining issue for current times. THRIVE are passionate about playing a significant role in spurring the collective change needed to tackle this crisis, which led to the creation of the Global Impact Challenge.
The THRIVE Global Impact Challenge is a global search for the most innovative startups who are advancing a net-zero future for agriculture. The Challenge will focus on three core themes, each central to supporting the transition to net-zero.
The Challenge themes, which align with the UN’s Sustainable Development Goals, are focused on the following areas:
- Soil health and biodiversity
- Increasing food security
- Reducing and offsetting GHG emissions
The launch event was hosted in Tel Aviv, Israel in partnership with ICL Planet Startup Hub, THRIVE’s headline partner for the Challenge. Additional premium partners for the challenge include Bayer, BASF, Driscoll’s, Kubota and Valmont.
“Climate action is a task for all of us and disruptive innovation is key to accelerating global efforts towards a net-zero future for agriculture” said John Hartnett, Founder and CEO SVG Ventures|THRIVE. “We believe entrepreneurs hold the key to a sustainable future.”
“At ICL Planet, we are committed to creating responsible solutions for humanity’s sustainability challenges in the global food and agriculture markets. By partnering on this challenge, we can create sustainable solutions and a secure future for communities around the world,” says Hadar Sutovsky, ICL, VP External Innovation and GM of ICL Planet.
Applications are now open and will be accepted through September 15, 2022. Six companies will be selected to attend the THRIVE | Forbes Global Sustainability Summit in November of 2022 and to pitch their solution for the opportunity to secure a spot in THRIVE’s award winning Global Accelerator Program.
About SVG Ventures|THRIVE
SVG Ventures|THRIVE is the leading global Agrifood investment and innovation platform headquartered in Silicon Valley, and comprised of top agriculture, food & technology corporations, universities, and investors. With a community of over 6,000 startups from 100 countries, the THRIVE platform invests, accelerates, and creates unparalleled access for entrepreneurs to scale globally to solve the biggest challenges facing the food and agriculture industries. SVG’s existing global partners include Media Partner Forbes and leading government, agriculture, and technology corporations such as Corteva, Driscoll’s, FCC, CED, Alberta Government, Gallo, Bayer, Kubota, Land O’Lakes, ICL, UFA, CSIRO, BayWa, Shell, BASF, Trimble, Taylor Farms, Valmont, Yamaha Motor Ventures, Wilbur-Ellis & Victoria Government. Crunchbase recognizes SVG Ventures as the most active AgTech investor with a portfolio count of over 50 investments in the sector. Learn more at www.thriveagrifood.com.
ICL Group is a leading global specialty minerals company, which also benefits from commodity upside. The company creates impactful solutions for humanity’s sustainability challenges in the global food, agriculture and industrial markets. ICL leverages its unique bromine, potash and phosphate resources, its passionate team of talented employees, and its strong focus on R&D and technological innovation, to drive growth across its end markets. ICL shares are dually listed on the New York Stock Exchange and the Tel Aviv Stock Exchange (NYSE and TASE: ICL). The company employs more than 12,000 people worldwide, and its 2021 revenues totaled approximately $7 billion.
For more information, visit ICL’s website at www.icl-group.com.
To access ICL’s interactive ESG report, please click here.
About ICL Planet Startup Hub
ICL Group is a leading global specialty minerals company, which creates impactful solutions for humanity’s sustainability challenges in the global food, agriculture and industrial markets. ICL Planet Startup Hub is the vehicle in which ICL cultivates, nurtures, and accelerates innovation and technologies in the AgriFood tech ecosystem. It seeks to invest and grow disruptive companies that can favorably affect the industries it works in and leads. https://www.icl-group.com/innovation/planet-startup-hub/
Marketing & Events Manager, SVG Ventures | THRIVE
ICL Planet Startup Hub
ICL, VP External Innovation and GM of ICL Planet
Email: [email protected]