Emergence client, Fredericton, New Brunswick-based Chinova Bioworks was recently selected into the inaugural cohort for Terra, the San Francisco-based Food + Ag Tech Accelerator. Chinova is the only successful Canadian applicant. Congratulations!
Founded by Rabobank and RocketSpace, Terra describes itself as “a first of its kind accelerator program bringing together the industry’s most disruptive startups and progressive corporations to fuel cross-industry innovation and set a new standard for food and agriculture”.
The current cohort - with global representation from across five countries (Canada, Spain, Thailand, UK, USA) and industry sectors - kicked off at RocketSpace’s tech campus in San Francisco.
Terra’s unique consortium model brings together a diverse group of industry leaders - both big and small - to explore and experiment with potential partnerships through a dedicated product validation program.
Chinova Bioworks was selected from a competitive applicant pool of hundreds of startups from around the world.
Among other benefits, Chinova will be in a better position to validate its product in collaboration with multiple industry corporations.
“We’re very pleased to have been selected to take part in the Terra accelerator hosted by two world renowned groups; Rocketspace and Rabobank,” Natasha Dhayagude, Chinova’s CEO told us.
“With Terra we will focus on piloting our natural preservative chitosan technology with the help of a major food ingredient producer, an exceptional opportunity to validate our chitosan preservative at a large scale,” Natasha says.
Following the program’s kick off, Chinova Bioworks will begin an eight-week tailored curriculum led by industry experts, followed by an eight-week product validation period.
During the program, Chinova Bioworks will have the opportunity to work from RocketSpace’s tech campus in downtown San Francisco, among its curated community of tech startups which has included 18 “unicorns” valued at $1B or more.