Agriplay Ventures Inc. is selected to participate for its unique and innovative technology and potential to disrupt the agrifood industry with SVG Ventures’ THRIVE Global Academy.
The Calgary-based elevated urban farming company has been accepted to participate in the 12-week agrifood program further enabling its ability to collaborate and continue to move its business forward.
Agriplay, an elevated urban farming company, is dedicated to solving local food security by transforming underutilized commercial real estate into productive indoor farms that serve local communities. Agriplay’s proprietary growing system enables the Company to grow hundreds of varieties of fresh vegetables without the consumption footprint or limitations of traditional vertical farming.
Capable of growing up to 15 times more variety of fresh fruits and vegetables, the company claims to consume 3 times less energy and to be 40 times more scalable than traditional vertical farms. They are currently working on converting over 2.67 million square feet in Calgary and over 1 million square feet of commercial real estate in Edmonton, into productive urban indoor farms to fuel Albert’s vegetable market.
They will soon move into their first operational site at their showcase facility in Calgary Tower Centre in Calgary, AB, Canada.
The THRIVE Global Academy is made possible by funding from the Alberta Scaleup and Growth Accelerator Program led and managed by Alberta Innovates.
Since 2010, SVG Ventures | THRIVE has been a leading global AgriFood investment and innovation platform headquartered in Silicon Valley. With a community of over 5,000 startups from 100 countries, the THRIVE platform invests, accelerates, and creates access for entrepreneurs to scale globally and solve the challenges facing the food and agriculture industries. THRIVE’s Corporate Innovation Program is focused on connecting our corporate partners with emerging technologies and startups that will make the most significant impact in their organizations.
“I’m excited to interact and collaborate with all of the organizations selected into the program as well as SVG Thrives expanded network. Agriplay looks forward to accelerating its growth in this next stage and this opportunity enables us to network as fast as we are expanding”, says Dan Houston, President, Agriplay Ventures Inc.