{"id":30784,"date":"2024-10-22T19:00:00","date_gmt":"2024-10-22T19:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4536881_AE36881_0"},"modified":"2024-10-22T19:00:00","modified_gmt":"2024-10-22T19:00:00","slug":"sparklabs-cultiv8-showcases-2024-participants","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=30784","title":{"rendered":"SparkLabs Cultiv8 showcases 2024 participants"},"content":{"rendered":"

The 2024 accelerator brought the number of companies supported by SparkLabs Cultiv8 to over 50. More than $AUD 750 million has been raised by their portfolio companies, which boast a combined value of more than $1.75 billion<\/span> and have created over 750 jobs globally.<\/i><\/p>\n

ORANGE, Australia<\/span><\/span>, Oct. 23, 2024<\/span><\/span> \/PRNewswire\/ — Close to 200 agtech investors, innovators and researchers have gathered in Orange this week as part of SparkLabs Cultiv8 2024 Showcase, a pitch event for the companies supported by the accelerator this year.<\/p>\n

This year marked the second clean-technology specific program which focuses on agriculture and food production. SparkLabs Cultiv8 Co-founder and Partner Jonathon Quigley said the companies offered a range of ways to reduce emissions from the global agri-food system.<\/p>\n

“We’re really excited by the range of innovations we’re showcasing in Orange this week,” he said. “From companies making high-value nutraceutical ingredients from food waste; to brewing palm oil from yeast; to reducing methane from cattle \u2013 all these companies can help us produce food more sustainably and support a more climate resilient agriculture system.”<\/p>\n

Participant Tom Collier<\/span>, whose company, Levur, is developing a sustainable, yeast-based alternative to palm oil, said the program is helping them drive global traction.<\/p>\n

“SparkLabs Cultiv8 has been a game-changer as we progress on our journey to market,” he says. “Their access to world-class strategic and technical expertise has been essential in positioning Levur for rapid growth.”<\/p>\n

Created in 2017 in partnership with Asia’s<\/span> largest accelerator, SparkLabs Group, SparkLabs Cultiv8 has become a leader in supporting sustainable agriculture and food production through innovation. The 2024 graduating companies are:<\/p>\n

Alkiira Therapeutics <\/b>specialises in Australian grown, Australian made botanical extracts and nutraceutical ingredients for global markets, valorising untapped waste streams from local agriculture.<\/p>\n

Bovotica<\/a><\/u><\/b> is adding mass and reducing gas in cattle via a proprietary technology probiotic\/prebiotic feed supplement that decreases methane production by 80% and increases weight gain by 10%. <\/p>\n

Carbon Friendly<\/a><\/u><\/b> provides end-to-end carbon technology solutions that enable the agricultural industry to develop and monetise large-scale carbon inset and offset projects.<\/p>\n

Levur<\/a><\/u><\/b> is revolutionising the oil industry with its sustainable, yeast-based alternative to palm oil to replace unsustainable plant and animal oils in the cosmetics and food sectors, offering a scalable solution to pressing environmental challenges.<\/p>\n

Nitronic<\/a><\/u><\/b> is developing technology to produce on-site, zero-carbon fertilisers, reducing the emissions associated with the production and transport of nitrogen-based fertilisers.<\/p>\n

NonTox<\/a><\/u><\/b> has developed plant-based bioherbicides and disinfectants to replace more harmful chemicals in agriculture, food production and community applications.<\/p>\n

Pyx Global<\/a><\/u><\/b> is developing advanced digital architecture to ensure secure exchange of data and credentials along supply chains.<\/p>\n

Teramax <\/b>has developed environmentally-compliant biodegradable mulch films for agriculture, replacing plastic with a compostable, soil-friendly alternative in a range of horticultural production settings.<\/p>\n

Unibaio<\/a><\/u><\/b> has created a microparticle from natural origins that makes agricultural chemicals more effective. Unibaio’s particles can be added to herbicides, pesticides, fungicides and fertilisers to reduce the amount required by 80%.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 2024 accelerator brought the number of companies supported by SparkLabs Cultiv8 to over 50. More than $AUD 750 million has been raised by their portfolio companies, which boast a combined value of more than $1.75 billion and have created over 750 jobs globally. ORANGE, Australia, Oct. 23, 2024 \/PRNewswire\/ — Close to 200 agtech investors, innovators […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-30784","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"\nSparkLabs Cultiv8 showcases 2024 participants - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=30784\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SparkLabs Cultiv8 showcases 2024 participants - My Blog\" \/>\n<meta property=\"og:description\" content=\"The 2024 accelerator brought the number of companies supported by SparkLabs Cultiv8 to over 50. 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