XTREM BIOTECH JOINS TERRA FOOD & AGTECH ACCELERATOR
TERRA, the leading Food and Agriculture Accelerator, has selected Xtrem Biotech, hosted in BIC Granada, into its third cohort kicking off next week in San Francisco – near the headquarters of RocketSpace - one of the program’s founding partners. Xtrem Biotech was selected as one of the 17 most innovative startups from across the globe to work alongside industry giants including founding partner Rabobank, as well as AgroFresh, Beta San Miguel, Graincorp, Griffith Foods, Grupo Azuca de Mexico, Nestlé USA, OSI and Tate & Lyle. Xtrem Biotech will be focused on the use of microorganisms as biostimulants and biofungicide products to complement and substitute agrochemicals.
Founded in 2016, TERRA is a global innovation accelerator fueling groundbreaking transformation in Food & Agriculture in order to advance the well-being of our people and our planet. The program brings together experts, decision-makers, and innovators across the entire value chain - fostering connections that catapult major breakthroughs into scalable solutions by pairing emerging growth companies with established multinationals, in a pilot-driven engagement that leads to tangible results.
"We are excited and honored to be selected to participate in this important innovation accelerator. It’s a wonderful opportunity to show our technology in collaboration with these industry giants" said Borja Torres, Xtrem Biotech CEO.
The TERRA team reviewed hundreds of applications from emerging growth companies around the world, shortlisting 160 applicants for only 17 spots. Startups selected represent eight countries. Unlike other accelerators, TERRA does not require equity from selected startups. They must have a product in market/ready to launch and have raised a minimum of seed-funding, better positioning them for productive pilot partnerships with corporate collaborators.
Xtrem Biotech is a spin-off company founded in 2013 from a research group of the University of Granada. The focus of the Company is the development, production and commercialization of sustainable, microorganism-based biopesticides and biostimulants from a proprietary library of extremophile microbes.
For more information on TERRA, please visit www.terraaccelerator.com.