We have selected nine European startups for our Fall 2020 cohort. The startups are introducing new technologies that tackle global challenges such as diminishing food waste, boosting sustainable production and enhancing productivity. In the coming months the startups will be diving deep into their businesses. Their ‘graduation’ is due on 9 December.
According to McKinsey, agriculture is among the least digitized of all major industries. With technologies like artificial intelligence, robotics, machine learning, encapsulation, RFID and spectrometers our new batch of startups is keen to modernize and reshape the food industry. The following companies make up our fifth cohort:
- Blakbear (UK) – Package-level freshness visibility boosting product shelf-life
- Healthycrop (Denmark) – Solutions that enable fungicide free agriculture
- Iamus (Ireland) – Revolutionize the poultry industry with robotics and AI
- KomraVision (Estonia) – Material analysis with next generation dynamic optics
- Mylium (Netherlands) – Developing fungi-based textiles
- Plantik (France) – Engineering the plants of tomorrow, unthinkably faster
- Sphera Encapsulation (Italy) – Sustainable encapsulation technologies
- TuttiFoodi (Netherlands) – 100% natural food preservation technology
- Vertigo (Netherlands) – Quality control for fresh fruit with microwave measurements
Even with almost 10 years of experience as an accelerator, deciding which startups StartLife accepts to its support program isn’t easy. Program director Loet Rammelsberg: “The road from a minimal viable product to a successful startup is a big jigsaw puzzle. We have to assess at an early stage if we can help find and connect the right pieces together. Obviously we hope the newly selected startups will follow into the footsteps of successful StartLife alumni like Nutrileads, Hudson River Biotechnology and Cerescon and high potentials like Orbisk and FUMI Ingredients.”
In the coming months the startups will be diving deep into their businesses. They will validate their customers segments, refine their propositions and prepare for attracting growth capital and partnerships that will spur their business development. On 9 December the startups will finalize the acceleration program with a presentation to an international audience of investors, corporates and other stakeholders from the agrifood industry.
‘Zooming’ into Europe
In response to the coronavirus pandemic we went fully remote with our flagship Accelerate program in the spring edition of this year. This time the program is fully virtual from the outset. Loet: “We had already planned to open our program to more international startups. With the program changes we had to make earlier this year we realized that a virtual program would enable entrepreneurs who are not based in the Netherlands to reap the benefits of our wide support more easily. In a way you could say we are ‘zooming’ our way into Europe.”
Whilst the startups indeed appreciate the remote program, they are given the option to attend the program virtually or in person, as the program is now offered in hybrid. “Only for the demo day, which we refer to as graduation day, we prefer to have all startups physically present”, adds Flora Vogelzang, program coordinator of StartLife.
10 years anniversary ahead
With the fifth cohort we will also celebrate our 10th anniversary on 5 November. The anniversary coincides with the opening of our brand new office building on Wageningen Campus. The new building is shared with various organizations involved in boosting entrepreneurship and innovation, and, not least important, with numerous agrifood startups and scale-ups. Jan Meiling, our managing director, announces that more exciting news is yet to come in the coming months.