Radicle, a $15 million agricultural technology accelerator, is opening in Jerusalem as a program of global crowdfunding VC OurCrowd, in partnership with Finistere Ventures, Cloud Break Advisors and an alliance of top agricultural industry leaders including Bayer and DuPont.
In botany, “radicle” refers to the first part of a seedling to emerge from a planted seed.
Radicle aims to reduce the time it takes for startups to develop, market and commercialize new ag-tech products that have the potential to meet global farming challenges in productivity, sustainability and quality.
Several companies in OurCrowd’s existing portfolio are in ag-tech, including EdenShield, a non-toxic chemical application that protects crops from pest damage; and CropX, a software-driven smart irrigation system.
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