Patrick Henry, former Entropic CEO and founding CEO of GroGuru, brings his decades of entrepreneurial experience to the prestigious THRiVE AgTech accelerator program.
LA JOLLA, CA / ACCESSWIRE / March 5, 2020 / Patrick Henry, former Entropic CEO, and CEO of GroGuru, brings his decades of entrepreneurial experience to the prestigious AgTech accelerator program. GroGuru has been selected as one of 13 companies as part of the THRiVE VI Accelerator Cohort. SVG Ventures-THRIVE is the leading AgriFood innovation ecosystem, comprised of top agriculture, food & technology corporations, universities, and investors. With a community of over 2,500 startups from 90 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.
"With an acceptance rate of less than 3 percent, admission to the award-winning THRIVE Accelerator Program is fiercely competitive. This latest cohort saw a total applicant pool of over 560 startups from seventy countries," said John Hartnett, CEO and Founder SVG Ventures-THRIVE. "GroGuru's strategic irrigation management solution has garnered tremendous interest from a number of our corporate partner companies, and we see a significant market need for the GroGuru solution."
"GroGuru is thrilled to be part of the THRiVE VI Accelerator Cohort," said Patrick Henry, president and CEO of GroGuru. "Admission to this program gives GroGuru unprecedented access to key customers and potential strategic partners in the agriculture space. We are also excited to learn from the other cohort members and the THRIVE team. As a bonus, John Hartnett and his team have built a very special relationship with Forbes, that will give GroGuru tremendous exposure in the AgTech space, including presenting at the Forbes AgTech Conference in Salinas, CA later this year."
The 13 Finalists, 4 from the United States, 3 from Canada, 3 from Australia and one each from Portugal, India and Chile, will kick off their 4-month Accelerator Program with a one week immersive Seed Camp in Salinas and Silicon Valley this week. Startups will get the opportunity to meet with many of SVG-THRIVE's Corporate Partners, tour Driscoll Berries, Taylor Farms and Yamaha Motor Ventures and attend workshops and networking events. The Accelerator Program culminates with a pitch at the renowned Forbes Agtech Summit in Salinas in June and the winner is awarded up to $200k in follow on investment and the opportunity to present at Forbes 30 under 30.
GroGuru is a privately held company based in San Diego, CA that provides precision soil and irrigation monitoring systems to the commercial agriculture industry. GroGuru is focused on enabling farmers to increase crop yields while optimally use water, energy and other scarce resources in a sustainable way. GroGuru sells an innovative hardware-enabled subscription-based solution to farmers that enables optimal irrigation. GroGuru's patented 100 percent wireless underground system (WUGS) enables a permanent installation of soil sensors, even in annual field crops like corn, soybeans, wheat, cotton and sorghum, that have a destructive harvest. GroGuru's WUGS-based systems can be buried below the till depth and communicate through several feet of soil wirelessly, thus eliminating the need for the sensors to be annually installed and removed for seeding and harvesting, respectively, for these annual crops. GroGuru is a portfolio company at the EvoNexus technology incubator, the premier technology incubator in Southern California. You can find GroGuru online at www.groguru.com.
About SVG Ventures-THRIVE Innovation Platform
SVG Ventures-THRIVE is the leading AgriFood innovation ecosystem, comprised of top agriculture, food & technology corporations, universities, and investors. With a community of over 2,500 startups from 90 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. THRIVE's corporate innovation program is focused on connecting their corporate partners with emerging technologies and startups that will make the most significant impact in their organizations. AgFunder recognizes SVG Ventures-THRIVE as the "Most Valuable AgriFood Platform in the World." For more information, please visit www.thriveagrifood.com.
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