Koch Agronomic Services LLC (Koch), Wichita, on April 11 announced an agreement to collaborate with Silicon Valley-based SVG Ventures | Thrive, leveraging its Venture & Innovation Platform.
“Koch is excited to work with Thrive and access its expansive pipeline of innovative organizations and technologies,” said Steve Coulter, Senior Vice President of Koch Agronomic Services. “Thrive offers a capability and reach within the crop nutrient space that will help accelerate our strategy of identifying new technologies in order to create long-term value for our retail customers and growers.”
“Our engagement with Koch Agronomic Services focuses on identifying start-ups that are ready for scale and commercial impact,” said John Hartnett, Founder and CEO, SVG Ventures | Thrive. “By connecting Koch to start-ups, we can identify companies that align with Koch’s goals and increase investment flow.”
“Now more than ever, Koch is focused on growth in plant nutrition categories,” said Coulter. “For us, this means finding new collaborators who have developed technologies and are exploring the best structures to bring those technologies into our portfolio either through licensing, equity investment, full acquisition, or other arrangements. The great thing about Koch is we can be flexible.”
SVG Ventures | Thrive is a global agrifood investment and innovation platform comprised of agriculture, food and technology corporations, universities, and investors. With a community of over 5,000 startups from 100 countries, the platform invests, accelerates, and creates access for entrepreneurs to scale globally to solve the biggest challenges facing the food and agriculture industries.
SVG’s global partners include Media Partner Forbes and government, agriculture, and technology corporations such as Alberta Government, Old’s College, Calgary Economic Development, Corteva, Driscoll’s, FCC, BASF, Kubota, Land O’Lakes, Trimble, Taylor Farms, Bayer, ICL, Nutrien, Intel, Valmont, UFA, Yamaha Motor Ventures, and Wilbur-Ellis.