Ag Tech News
Rabobank to Continue TERRA Food & Ag Accelerator Independently
After four years of successful collaboration on the TERRA food and ag accelerator, Rabobank and Rocketspace are ending our partnership. Rabobank will continue to run TERRA independently through the current cohort, which culminates in a Demo Day in March 2020. Additionally, Rabobank is pursuing plans to enhance the TERRA program in 2020.
Rabobank is committed to delivering an exceptional experience for this year’s valued corporate partners and participating startups. Effective immediately, Rabobank is assuming operational responsibility for the completion of cohort IV, including support for participants and guidance on innovation pilots that will be showcased on Demo Day in March 2020.
TERRA’s current cohort partners 13 innovative food and ag startups with influential corporate leaders: Beta San Miguel, GrainCorp, Griffith Foods, OSI, Meat & Livestock Australia, and Tate & Lyle.
TERRA launched in 2016 to fuel groundbreaking transformation in food and agriculture to advance the well-being of our people and our planet. TERRA has since become one of the food and ag industry’s most prestigious accelerator programs. TERRA’s collaborators have covered a range of innovation areas, including supply chain optimization, food traceability and transparency, waste reduction, and alternative proteins, to increase production sustainability and meet changing consumer preferences. From Griffith Foods’ investment into upcycling startup Regrained and superfoods startup Kuli Kuli to GrainCorp and TE-FOOD’s blockchain for beer, TERRA has brought to life tangible successes for both corporates and startups to stimulate potential growth beyond the program. Since launching, TERRA has brought together 11 corporate collaborators worth over $100B in annual revenue, 79 emerging growth companies and launched 61 pilot partnerships.