Sprout Moves Towards the Next Round

For the 2015 Sprout companies’ pitching isn’t over yet.  Sprout is hosting an investment showcase on 11 May in Hamilton. This showcase is to allow Corporate Partners and Supporters of Sprout and invited Investors to hear about the companies’ progress and consider them as an investment opportunity.

Here’s a quick update about what’s been happening in the last month for our companies:

-AgriTrack and Bee’z Thingz are currently completing investment rounds.

-AgTract and AgriTrack are growing their human capital, with both companies looking to add specialists to their teams.

-There was a total of 82 ‘indications of investment interest’ across the five teams who pitched at the Agribusiness Investment Showcase in March.

-Nature Matters Milk Co. has increased their per month revenue as a consequence of being part of the Sprout programme.

-One team is in discussions with a national go-to-market partner.

-Another team is in advanced discussions with a potential agritech corporate collaboration partner.

 

We have now opened early registrations for the 2016 Sprout programme. If you wish to talk to one of the Sprout team members about your agritech idea, you must register first. This is a non-binding registration but gives you access to our team’s skills and knowledge before we start the application process.

As part of generating awareness for the 2016 programme, certain Sprout team members have been out and about at industry events.

James Bell-Booth and Stu Bradbury attended the MobileTech Primary Industries event in Rotorua and presented the Sprout programme to attendees. This is a growing event focused on bringing agri-tech developers and partners together to discuss innovation in agritech.

Stu, and Bee’z Thingz founder Julian McCurdy, attended the Silicon Valley Forum on AgTech last week and saw some of the latest agritech in action. Look out for Stu’s blog this week on the Sprout website.

Here’s a few images of the agritech, Stu and Julian saw while at the Silicon Valley forum.

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