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SVG VENTURES ANNOUNCES FINALISTS FOR THRIVE MIDWEST CHALLENGE AT THE FORBES AGTECH SUMMIT INDIANAPOLIS
Los Gatos, CA, August 21, 2019— SVG Ventures and Forbes announced the five finalists who will compete on stage at the Forbes AgTech Summit Indianapolis for the THRIVE-Forbes Innovation Icon Award, September 18-19, 2019.
SVG Ventures, together with representatives from their Corporate Partners, Elanco, Valmont, National Pork Board, Land O’Lakes, Trimble and Yamaha Motor Ventures have selected the five finalists from a pool of almost 100 applicants across twenty-six countries. These emerging technology companies are developing cutting-edge technologies focused on solving some of the biggest challenges in agriculture today.
The technology sector is exhibiting rather a very unfathomable scenario. Companies, both established and startups, are pursuing similar opportunities as the consumers have become receptive to new ideas. They are finally considering pioneering solutions and services that promise low cost and high efficiency. Furthermore, the rapid digital developments over the last few years have inflated customer expectations.
Over the last few years, pioneering technologies have transformed numerous businesses. But, agriculture which is an age-old sector is lagging behind in comparison with others. With the increasing population, the traditional farming methods are insufficient to provide foods that are available to everyone.
The Aug. 22 event was organized by the Salinas-based Western Growers Center for Innovation and Technology and attracted hundreds of growers who rubbed elbows with representatives from companies like Costco, Microsoft and various tech startups to discuss what is hot with agriculture and tech.
GROGURU TO SHOWCASE ITS BREAKTHROUGH SOLUTIONS FOR STRATEGIC IRRIGATION MANAGEMENT AT AGLAUNCH FUTURE OF AG FIELD DAY
GroGuru will demonstrate its precision irrigation management solution on Tuesday, August 13, 2019 at Growing Acres Farm and Rose Creek Farm in Savannah, TN and Selmer, TN, respectively. Attendees will learn more about usage of the GroGuru solution in row crop applications, as well as how AgLaunch farmer’s have helped iterate a version of the system that is suitable to scale in row crops.
GroGuru is focused on helping farmers implement strategic irrigation management, and its new website includes key content in blog posts and videos to help farmers understand the importance of value of using soil sensors, cloud-based systems. and easy to use mobile applications to manage irrigation on their farms.
GroGuru has added Rory Moore, CEO at EvoNexus, as in independent board of director’s member. Rory comes from a multi-generational farming family, and made the move to tech early in his career as a co-founder of Peregrine Semiconductor. Peregrine achieved IPO status in 2012. Peregrine produces RF chips that reside in the majority of the world’s smartphones, cellular base stations, as well as space systems such as the Mars Rover and Discovery.
GROGURU TO SHOWCASE BREAKTHROUGH SOLUTION FOR STRATEGIC IRRIGATION MANAGEMENT AT FORBES AGTECH CONFERENCE
GroGuru is attending the Forbes AgTech Summit in Salina, CA on June 26 – 27, 2019. The 2019 Forbes AgTech Summit will bring together over 600 global agriculture leaders and entrepreneurs to tackle some of the world’s most critical challenges. Held once again under the big tents on historic Main Street Salinas, the Summit will foster lively debate and generate rich networking opportunities.
GroGuru has been selected as one of eight startup companies to present at the upcoming EvoNexus Demo Day on June 5, 2019 at the Qualcomm Headquarters in San Diego. Join EvoNexus for appetizers, drinks, and a showcase of Southern California innovation, as eight bold and unique startups from a range of technology sectors pitch for the vote of the attendees.
PATRICK HENRY, GROGURU CEO, TALKS ABOUT CHANGING THE WORLD THROUGH THE APPLICATION OF TECHNOLOGY TO INCREASE AGRICULTURE CROP YIELD AND SAVE WATER
Agriculture, as a sector, has been the slowest adopter of digital technologies versus nearly every other industry. However, there are potential tremendous benefits to farmers with the application of digital technologies.
EvoNexus typically hosts a “Demo Day” event twice per year to highlight the top startups currently housed in its incubator. The event is one of the most popular showcases of San Diego-area tech innovation, and it usually provides an interesting local snapshot of industry trends. The overarching theme at this iteration, which featured companies pursuing innovation in industries from semiconductors to healthcare, was that local startups are thinking big and aiming to tackle huge markets.
GroGuru president and CEO, Patrick Henry, will be on a panel about AgWater Utilization & Efficiency at the California Agriculture Summit to be held on May 23, 2019 at the University of California Riverside. Larta Institute’s Global Ag Innovation Network (GAIN), is proud to present an event focused on California’sagricultural sector. The California Agriculture Summit will bring diverse agricultural stakeholders together to spur a dialogue on resource challenges faced by growers and ways that research and technology can be part of the solution.
“The investors were so enthusiastic at the end of the conference event that they got back together a week later and ended up doing 3 more investments,” said Mysty Rusk, director of The Brink Small Business Development Center, which organized the conference. “We did what we had hoped to do.”
GroGuru’s CEO-Patrick Henry sits down on the Amato Talk with guest host, DeAnne Lorraine, to speak about the trade war in China, and its impact on American Farmers. In the body of the eight minute video, they cover a number of pressing issues that are sure to hit home. Click the picture up above and be directed to the full clip!
PATRICK HENRY, GROGURU CEO, TALKS ABOUT STARTUP LIFE IN THE AGRICULTURE TECHNOLOGY, OR AGTECH, SECTOR
Agriculture, as a sector, has been the slowest adopter of digital technologies versus nearly every other industry. However, there are potential tremendous benefits to farmers with the application of digital technologies. In terms of crops, optimal use and application of water, fertilizer, pesticides, herbicides, and proper seeds are all areas where the application of digital technologies can improve crop yield, while preserving key resources in a sustainable way…
GroGuru, a tech company that makes software and systems to monitor soil conditions, announced July 23 that it had hired one of its investors and advisors to run the company.
Patrick Henry takes over the CEO role from company cofounder Farooq Anjum, who becomes chief technology officer.
GroGuru’s hardware-enabled software allows growers to measure the levels of moisture and salinity in the ground and analyze the data to inform optimization of water and fertilizer use.
GroGuru will have a display booth in the Technology Showcase and be presenting in the Tech Hub at the upcoming World Agri-Tech Innovation Summit in San Francisco, C.A. on March 19th and 20th, 2019. Now in its 5th year, the World Agri-Tech Innovation Summit in San Francisco connects innovators with partners allowing major corporations and investors to take advanced solutions from the laboratory into the field. Global agricultural leaders come together in San Francisco to uncover the most exciting innovations in agricultural technology and to forge the right partnerships to take those solutions to market.
Beyond the onstage conversations, Davos on the Delta features an Innovation Showcase highlighting the most cutting edge start-ups as well as the most innovative established companies and regions. There is also the opportunity to participate in a day of Plant Tours and In-Field Demos at Memphis’ renowned Agricenter International as well as additional sessions focused specifically on Indoor Growing and Hemp. It is truly a unique opportunity to collaborate with the groups steering the course of food system innovation today and tomorrow.
GroGuru has joined the United Nations Global Compact, a corporate responsibility initiative – the world’s largest with over 9,000 business and non-business participants in 135 countries. As a participant, GroGuru Inc. commits to:
Set in motion changes to business operations so that the UN Global Compact and our Ten Principles become part of strategy, culture and day-to-day operations, including in subsidiaries and the supply chain…
The WEBVTT Technology Center in Salinas, that has been addressing the concerns of farmers for years, celebrated another year in business this past week! In the past 3 years, the Western Growers Center for Innovation and Technology has grown from 6 startup companies, to more than 60 startups today. This hub is a center of activity for bringing together innovative thinkers working to transform the agriculture industry. We love that there’s so many people dedicated to making this industry the best in can be. Excited to see whats to come in the future from this outstanding organization.
GroGuru will be presenting as a finalist company in the San Diego Angel Conference (SDAC) on March 15, 2019. SDAC is the culmination of many months of due-diligence, review, evaluation, and selection by the investors participating in the Conference. The entrepreneurial candidates are narrowed down from over 90 applying companies and on the day of the Conference, the finalists have the opportunity to make their best 10-minute pitch for why their company deserves the investment.
FORMER ENTROPIC CEO PATRICK HENRY, NOW CEO OF GROGURU, TALKS ABOUT STARTUP LIFE IN THE AGTECH INDUSTRY
Patrick Henry CEO of GroGuru is interviewed about startup life in the Agricultural Technology Industry. Formerly known as Patrick Henry CEO of Entropic, Patrick has a vast background in company growth.
GroGuru will be presenting at Venture Summit West 2019 in Burlingame, CA on March 6 and 7, 2019. We will be joined by an exclusive community of over 1,000 top-tier VC investors and leading startup founders. There are already over 140 venture capital firms confirmed for the event!
GroGuru will be attending the 67th annual Mid-South Farm & Gin Show, set for March 1-2, 2019 at the Cook Convention Center, Memphis, Tenn. The South’s premier show offers attendees the opportunity to see what’s new in the industry and hear from respected leaders, according to Timothy Price, show manager.
GroGuru will have a display booth and will be presenting in the AGRI Tech Venture Summit at the Marriott Downtown at CF Toronto Eaton Centre in Toronto, Ontario, Canada on May 15th, 2019. The AGRI Tech Venture Forum is an annual event that serves as a converging point for the global AgTech, or agriculture technology, elite.
“We are very excited that Patrick Henry is joining GroGuru as its new CEO,” said Kirk Haney, competition judge and Managing Partner at Radicle Growth. “The vision GroGuru demonstrated was incredibly impressive, and they have all the winning elements needed to succeed in the AgTech arena and help farmers tackle ongoing issues—a strong management team, an innovative technology and a keen focus on the customer.
GroGuru is one of 10 startups selected by AgLaunch last year. The California-based company has already experienced success in soil and irrigation management for specialty crops through their monitoring sensor system that allows for irrigation recommendations. With a well-established foothold in this high value/low acreage market, the owners of GroGuru are looking to expand into row crops.
GroGuru demonstrates its next generation How will US-Mexico-Canada Agreement USMCA affect farmers, Patrick Henry, GroGuru Executive, CEO of QuestFusion, Former Silicon Valley Senior Executive, Author: Plan, Commit, Win: 90 Days to Creating a Fundable Startup discusses with Rick Amato.
Though there are many wishing to venture into the world of business, lack of capital presents a reliable hurdle. Established businesses, startups and the beginning entrepreneur could all benefit from connecting with a venture capital group that could result in substantial investment and resources. With a strong U.S. economic outlook, a new federal tax code that is lowering tax rates across the board and a realized promise from President Trump to increase GDP growth to 4 percent, the time could be ripe for businesses to look for such investments.
GroGuru demonstrates its next generation wireless underground sensor technology at the Irrigation Innovation Consortium research demo and meeting today. Earlier this year, the Consortium, which is composed of five universities and five industry partners, was awarded $5 millioncollectively to launch a research program to increase water and energy efficiency. Fresno State and other consortium partners have also matched the grant with an additional $5 million donation to bring the total investment to $10 million over five years.
Times of San Diego
San Diego’s reputation is growing as an innovation hotbed. Top tech companies such as Qualcomm and Illumina call San Diego home, and more and more companies are attracted to the region, such as Amazon, which is now taking up more than 100,000 square feet of office space in University City. There is also the growing startup economy — ranging from Cox Business’s recent “Get Started San Diego” pitch competition winner GroGuru, with its use of wireless sensors in fertilization innovation, to PointPredictive using machine learning analytics technology to identify auto loan fraud.
GroGuru will participate in the Central Valley Innovation and Entrepreneurship Forum on Thursday, November 1st, 2018, at the Clovis Veterans Memorial District. The Forum combines the Central Valley Venture Forum and Central Valley Stock Exchange – two events that in the past have shaped the entrepreneurial landscape in the valley and became the largest event for innovation and entrepreneurship in the Central Valley.
Henry brings over 20 years of high-technology executive experience and market leadership to GroGuru. He has served in executive management roles in companies ranging from small, innovative startups to large multinationals. Just prior to GroGuru, Henry was an investor and advisor to GroGuru and the CEO of strategy consulting firm QuestFusion. Henry is also the former CEO of cable networking company Entropic Communications for eleven years, which he lead through an IPO in NASDAQ in late 2007.
GROGURU’S WIRELESS UNDERGROUND IOT FOR AGTECH SOLUTION ENABLES HIGH VOLUME DEPLOYMENT OF SOIL SENSORS IN ANNUAL FIELD CROPS
GroGuru’s Breakthrough Wireless Underground System (WUGS) allows farmers to save money, more efficiently use water, and increase crop yield at a low total cost of ownership for underground soil sensors. The GroGuru WUGS solution has a battery life of five years, which will allow farmers to get season-to-season and beginning-of-season soil sensor data, without the need for trenching cables into the field.
The digital transformation has significantly set its course to reform the traditional agricultural norms and guide the agro-industry towards a tech-powered future. Positioned at the forefront of its technological revolution in agriculture is GroGuru with its proprietary technology focused on empowering farmers.
Patrick Henry, CEO of QuestFusion, Author: Plan, Commit, Win: 90 Days to Creating a Fundable Startup discusses President Trump’s plan to offer 12B in aid to America’s farmers, plus Kip Kolson, President/CEO: Family Wealth Leadership, author: You Can Have it All-Wealth, Wisdom and Purpose discusses Trump’s decision to hold off on car tariffs with Rick Amato.
Farooq Anjum co-founded GroGuru to develop improved soil moisture sensors and wireless networks to help farmers and agriculture-based businesses improve their irrigation systems and practices. The startup uses cloud-based machine learning to analyze its sensor data and provide more precise irrigation and fertilizer recommendations to growers.
GroGuru will be part of an expert speaking panel about Agriculture & Irrigation Technology at the 10th annual BlueTech Week on November 8th, 2018. GroGuru has also been selected as one of ten companies in the sustainable innovation economy to present to a panel of expert judges and other investors at the BlueTech Investor Day on Friday, November 9th.
Patrick discusses the lessons that he’s learned from building and growing multiple successful business and the process he uses for building a fundable startup company. Patrick is the author of the critically acclaimed book, PLAN COMMIT WIN: 90 Days to Creating a Fundable Startup. “We are very excited to have Patrick keynote speak at the Investment Forum. He brings a unique view on the Southern California.”
The world’s population is set to reach 9.7 billion by the year 2050. With that comes an inevitable struggle to properly allocate vital resources like food and water. All the while, farmers are battling issues like climate change and resource depletion on a daily basis, grappling to find a footing that will ensure they can provide consistent, quality products while also maintaining a livelihood.
The AgLaunch Initiative is a farm-centric agricultural innovation organization. In August, the group hosted two field days spotlighting agtech startups and how they can impact agriculture.
On August 2, 2018, a field day was hosted at Growing Acres Farm. And then on August 9, they co-hosted the Great Farm Innovation Field Day, which was also put on by Agricenter International, Archer Malmo and the Organic Resource Center at Agricenter.
Delta Farm Press
Soils can vary significantly in their ability to hold water and supply it to different types of crops. That’s why soil sensors are performing an important function for farmers supplying supplemental water to their fields.
GroGuru, Inc., a San Diego-based startup, has been working on a wireless configuration of soil sensors to help make it easier for farmers to monitor their soil moisture and maintain the monitoring systems.
EvoNexus, pro-bono, non-profit technology incubator and hub for Southern California’sentrepreneurial and startup community, announces its newest class of technology startups. EvoNexus has admitted 15 new startups to their Southern Californialocations in La Jolla, Downtown San Diegoand Irvine. The newly admitted startups will be joining a portfolio of 162 companies that have incubated at EvoNexus.
Virtual Strategy Magazine
GroGuru has named Patrick Henry president and CEO. GroGuru is a technology company that makes software and systems that enable growers of a broad range of crops to measure the level of moisture and salinity in the ground to more optimally use water and fertilizer. Henry’s predecessor and GroGuru co-founder, Dr. Farooq Anjum, remains with the company as chief technical officer and member of the board of directors.
GROGURU CONDUCTS FIRST ROW CROP FIELD TRIALS ON ITS PRECISION IRRIGATION MONITORING TECHNOLOGY WITH AGLAUNCH FARM NETWORK
GroGuru is completing first row crops trials in Tennessee through the AgLaunch Farmer Network and was a featured startup demonstration at the AgLaunch Model Farm Innovation Field Day in Memphis, Tennessee. At this event dozens of farmers and investors spent the day learning about new and innovative technologies that can revolutionize the way that growers can save money while improving crop yield and quality.
“The labor shortage in agriculture has reached a critical stage, and without legislation for workable ag immigration reform, we need to be proactive in accelerating the development of technology if we want to continue to have a nutritious and uninterrupted domestic food supply,” said Tom Nassif, president and CEO of Western Growers. “Investing in innovative companies such as Ganaz and GroGuru and providing them with the resources needed to bring their technology to market is one step closer to reaching our goal of keeping agriculture viable in this country.”
Answering the call to help solve agriculture’s severe labor shortage, Western Growers and Radicle Growth today awarded Ganaz and GroGuru each with $250,000 in seed funding to advance their automation technology. Ganaz, who lets farms recruit farmworkers with a few taps from their smartphone, and GroGuru, who offers a precision soil and irrigation monitoring system, participated in the Radicle Automation Challenge where the startups faced off against two other companies specializing in improving on-farm efficiencies.
San Diego Business Journal
Bright green avocado trees dot the hills surrounding San Diego County, while tens of acres of multicolored ranunculus flowers bloom each year in Carlsbad…