Singapore and New Zealand Launch AgTech Accelerator to Boost Sustainable Farming
Singapore, Friday, 28 March 2025.
Agrifood Futures and Agnition have introduced Land x Launch, an initiative to promote agricultural technology startups, targeting sustainable food solutions and reducing environmental impact.
Strategic Partnership Formation
In a significant development for agricultural innovation, Singapore-based Agrifood Futures has joined forces with Agnition, the venture arm of New Zealand’s Ravensdown, to create the Land x Launch™ accelerator program [1]. The initiative aims to identify and nurture promising AgTech solutions, facilitating their implementation in New Zealand’s advanced farming sector [1]. This collaboration leverages Agrifood Futures’ extensive international network across Asia-Pacific, Australia, and Europe to source innovative agricultural technologies [1].
Bridging Technology and Agriculture
The program addresses a crucial gap in the agricultural technology sector. As Joshua Soo, co-founder and CEO of AgriFood Futures, points out, ‘There’s a lot of farmers that are hungry for new technology and innovation to improve farm efficiency’ [2]. The three-month market entry program will focus on key sectors including dairy, beef, sheep, horticulture, and arable farming [2]. To facilitate better technology adoption, the initiative incorporates the TEKFARM platform, designed to bridge the frequent disconnect between technology developers and farmers’ practical needs [2].
Innovation and Investment Priorities
The accelerator program has attracted attention within the global AgTech community, with plans to showcase at the EvokeAG conference in Brisbane [1]. Selected startups will receive comprehensive support, including tailored business model development, direct access to pilot farms, and valuable market insights [1]. Agnition Ventures has expressed particular interest in solutions aligned with their farm network priorities, specifically focusing on biologicals, organic soil inputs, and automation technologies [2].
Global Impact and Future Prospects
This initiative emerges amid significant developments in the broader AgTech sector. Recent innovations include breakthrough technologies in crop protection and precision agriculture [3]. The timing is particularly relevant as the industry sees substantial investments, exemplified by recent developments such as Cordulus’s enhanced rain prediction models and Greeneye Technology’s precision spraying system, which has demonstrated an 87% reduction in herbicide use [3].