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A selection process that began in February came to a joyous conclusion earlier this week when Australia based RapidAIM was adjudged the winner of the US$100,000 Future Food Asia 2019 Award !
Nancy Schellhorn, Founder & CEO presented RapidAIM's innovative solution that provides high-resolution, real-time information of the location of pests for early detection, and targeted control to room of over 300+ industry leaders, professionals and investors. The Brisbane based start-up has combined its knowledge of insect behaviour with proprietary hardware and software to create an instrumented grid of smart traps that detect the presence of an insect, communicate the information to the cloud, then to an end user via a mobile app. The novel low-power sensor is similar to a 'behavioural fingerprint' of an insect, detects, discriminates, and communicates the information using radio technology.
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The Future Food Asia conference was hosted on June 3-4 in Singapore and apart from the FFA Award, the ADB Ventures team in collaboration with the FFA jury panel chose two India based startups as winners. Both agrifintech platform Jai Kisan and satellite imaging analytics company SatSure will be recipients of up to US$250,000 to conduct pilots in developing member nations of the Asian Development Bank.
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The three finalists of the Alibaba Cloud and Bühler AI Challenge on Food Safety were also unveiled during the conference. Co-organized by Bühler, ID Capital and Alibaba Cloud, over 600 teams competed in the inaugural challenge hosted on Tianchi, Alibaba Cloud’s global big data crowd intelligence platform. Contestants were required to create algorithms that can generate automated summaries of discovered food safety incidents at both high relevancy and great precision. Team Lavida were adjudged the winner of the challenge and received US$ 10,000 from Bühler.
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We would like to thank all our partners and the attendees of Future Food Asia 2019 in making it a grand success.
Until next year!
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FUTURE FOOD ASIA 2019 10 STARTUP FINALISTS |
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| AgNet (China)
For decades, effective livestock production has been a blend of supplier technology and farmer experience. Shanghai based ag-tech start up AgNet now adds a modern digital portfolio of data, IoT and AI to the mix. They have deployed to market the AgNet cloud solution, which promises to lower livestock production costs and lay the foundation for trusted transparency with food companies and consumers.
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Biotelliga (New Zealand)
Biotelliga utilizes fungi, nature’s plant-interaction specialists, to develop sustainable technologies to protect crops from pests and diseases, allowing increased food production with low environmental impact. Biotelliga’s bio pesticides and seed-integrated protective fungi will enable reduction in use and ultimately replacement of environmentally harmful chemical pesticides.
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Inong Agriculture (Taiwan)
As a bioinformatics startup that specializes in microbial genetic analysis, Inong Agriculture is the big-data powered soil microbe expert which offers pioneering cash-crop-specific solutions that leverage on customized probiotics to increase crop yield sustainably, alleviating the environmental burden from overdoses of chemical fertilizers or pesticides.
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Jai Kisan (India)
Jai Kisan is an agri-fintech platform catering to rural emerging markets by providing a risk-adjusted return to lenders while ensuring a low cost of capital and quick turnaround time with minimal documentation for the borrower. Jai Kisan finances agricultural equipment, dairy, and other yield generating rural assets.
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MPT AgTech (Australia)
Moisture Planting Technologies (MPT) are building a range of tech-enabled, smart equipments for large scale farming operations. Their first product is a tech-enabled planter that can monitor the conditions of the soil in real time while seeding, and self-adjust its seeding depth, and seeding rate live, based on the measured soil profile.
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RapidAIM (Australia)
RapidAIM takes the guesswork out of pest surveillance, detection and management. Delivered as a service, RapidAIM provides high-resolution, real-time information of the location of pests for early detection, and targeted control. With RapidAIM users have confidence that control is working and crops are protected. Know now. Act early.
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SaliCrop (Israel)
Salicrop develops a unique, non-GM, seeds treatment for various crops varieties, vegetables and grain seeds. The seeds treatment stimulates a specific epigenetic trait of the plant which enables crop growing and yielding in high salinity soils or when irrigated with brackish water. Salicrop is a portfolio company of Rimonim Agro fund.
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SatSure (India)
SatSure is an innovative large area analytics company which leverages advances in satellites, machine learning and Big Data analytics to provide answers to large-area questions, with agriculture, forestry, and environmental management. We combine satellite imagery with weather, IoT, social and economic datasets, etc to generate timely, location specific insights.
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THE.WAVE.TALK (South Korea)
THE.WAVE.TALK detects bacteria in liquids much faster than conventional technologies. We target to save millions of hours spent just waiting for the result by decreasing test time from days to hours (applications from water/beverage plants to water purifiers at home). Moreover, by applying AI, we are able not only to detect but also identify bacteria.
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UlikeKorea (South Korea)
UlikeKorea is a livestock ICT company with a smart livestock solution called LiveCare. The solution was developed with the support of globally respected Korean R&D institutions, this solution builds on a bio-capsule that once ingested by the animal, enables lifelong health monitoring. As the interest in sustainable animal husbandry continues to increase, we aim to make every effort to contribute to the advancement of the global livestock industry.
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FUTURE FOOD ASIA 2019 STARTUPSG PRIZE WINNERS |
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Intello Labs (India)
Intello Labs is a deeptech startup that uses Artificial Intelligence and multispectral tools to make quality monitoring and grading solutions for food commodities. Its image-based solutions, which come in the form of smartphone apps, bring transparency and standardization to the quality assessment process in food supply chains, reducing value risk and wastage from farm to fork.
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Phyto Corporation (South Korea)
Phyto Corporation is an innovative food & biotechnology company creating the future of food with Salicornia, a plant grown by seawater. Phyto Corporation has developed the world's first 100% plant-based salt, "PhytoSalt," extracted from Salicornia, a plant containing high contents of salt. PhytoSalt is effective on high blood pressure and is a microplastics-free salt as well. By desalinating Salicornia, Phyto Corporation has also developed a new superfood and flour alternative, "PhytoMeal," that can solve the global food crisis.
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Shiok Meats (Singapore)
Shiok Meats is a cell-based shrimp company, the first of its kind in Singapore (Shiok in Singapore English means enjoyable and fantastic). Their aim is to bring cell-based crustaceans to your table, which is health-, animal- and environment-friendly, by growing cells instead of animals. Shiok Meats is co-founded and led by Dr Sandhya Sriram (CEO) and Dr Ling Ka Yi (CTO) - both stem cell and developmental biology scientists with over 20 years of combined experience
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VakSea (United States of America)
VakSea uses insect larvae to biomanufacture functional feed additives that protect farm-raised fish and shrimp from disease. Using its innovative insect larvae production platform, VakSea can produce large-scale quantities of affordable protein-based feed additives for a variety of purposes, starting with preventing viral disease outbreaks on shrimp aquaculture farms.
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FUTURE FOOD ASIA 2019 PARTNERS |
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