Only 358 days then to go until the next evokeAG meetup. Same
city. Same venue. 18-19 February 2020. Except that Agritech New Zealand does
not plan to wait that long to build a more collaborative bridge with our Tasman
neighbours.
What we learnt last week was that both New Zealand and Australia’s agritech sectors share some of the same challenges. Whilst we may occasionally display a competitive spirit, far more unites than divides. We both suffer from the impact of distance to market (Perth is a long way from Sydney) and attracting global capital to our respective sectors has been a challenge. During the NZ delegation’s field trips to several farms last week, we witnessed at first hand the effect of climate change and the impact of extreme weather events. Lack of rain (drought for an extended period) has hit Australian dairy farmers hard, meaning that Australia’s dairy output this year will be 7% down on last year. They are doing it tough out there.
What delegates from both countries agreed on was that technology and innovation has a key role to help farmers and growers address these, and other major global challenges. Issues such as sustainable farming, environmental impact, animal welfare and a license to operate are not restricted to New Zealand. They are commonly shared across borders and across continents.
One of Agritech New Zealand’s immediate challenges is identifying just who actually represents Australia’s agritech ecosystem. Unlike New Zealand, Australia has a federal & state system of government and collaboration does not always appear to be a core part of the DNA. I’m just putting this out there.
There are however some organisations who appear to be working towards building an ‘all-of-Australia’ agritech community and it’s these organisations we are currently reaching out to. The aim is to develop a genuine platform for significant trans-Tasman collaboration. These include the organisers of last week’s evokeAG conference, AgriFutures Australia, as well as two prominent agritech ecosystem builders; Agthentic and the Bridge Hub. Check out Agthentic’s Sarah Nolet post-evokeAG blog post here.
In short, we don’t plan to wait until February next year to continue the conversation. This process will start next month. My hope and genuine expectation is that by the time the next evokeAG conference takes place, so will the first major trans-Tasman collaborative agritech initiative.
It’s a significant challenge. Together, we can deliver.
The conference has been organised by AgriFutures Australia, yet it has a strong trans-Tasman flavour. When John Harvey, AgriFutures Managing Director visited New Zealand in the middle of last year, the benefits of broadening the conference’s appeal became apparent. Today, the conference features several New Zealand speakers, with three early stage kiwi agritech companies pitching for investment capital from a number of global venture firms in the aptly named ‘Pitch Tent’ session.
The good
news is that NZ Inc. will also be in town.
The New Zealand delegation is being supported by Callaghan Innovation, NZTE & MBIE. It’s great to see government agencies coming together to add real weight to the opportunity. Representatives from both MPI and NZVIF are also participating in the programme.
As part of
the delegation’s preparation, Callaghan Innovation is hosting a one-day
workshop next Tuesday. It will provide delegates with insights and thinking
from some of New Zealand’s agritech business leaders who have already made the
journey across the Tasman. A similar one-day workshop held last August prior to
the 2018 Silicon Valley AgTech Immersion Program proved to be an invaluable
opportunity to prepare the delegation for their time in the US.
To provide more value to the kiwis traveling to Melbourne, a new Agritech Immersion Program has been established with the support of Invest Victoria. This will see NZ delegates taking part in farm visits as well as meeting different local agritech players in the two days around the conference. Special mention and thanks to Simon Yarrow at Callaghan Innovation and Angela Traill from NZTE who have coordinated this programme.
I am fortunate to have sat on the evokeAG conference steering committee since the middle of last year. Working with the event organisers & other steering committee members has provided me with a personal insight into some of the real opportunity that increased collaboration with the Australian agritech ecosystem can bring.
Agritech New Zealand is proud to be associated with the evokeAG conference. You will be able to find us in the NZ Corporate Lounge, adjacent to main conference hall at the Royal Exhibition Building. During the two-day event (19 & 20 February), we will be posting regular updates via this website and on our social media platforms. It’s going to be a fascinating week and one which will lift the profile of some of New Zealand’s most exciting and promising agritech companies.
Building bridges and helping scale our emerging agritech ecosystem in international markets is a core part of Agritech New Zealand’s DNA. evokeAG is the first major highlight of an exciting program of events for New Zealand’s agritech sector in 2019. We hope to meet you there.
For context, fertilisers, (nutrients such
as N, P, K or Nitrogen, Phosphate and Potash and compounds thereof) are one of
the single largest input spends in pastoral farming systems. It is estimated
less than 50 percent of the immense volume of fertiliser applied in New Zealand
and around the world is utilised by the targeted planted crops and fields to
which they are applied. The balance is
volatilised or is transmitted into the water table and often from there into steam
/river/ estuary systems with negative environmental impacts.
Last week, I sat down with innovation leaders from a number of the world’s largest agribusinesses; Bayer CropScience, Corteva, Syngenta, and Nutrien. We discussed the impact of nutrient application and measurement from two perspectives; plant absorption efficiency and environmental impact. For farmers and growers in New Zealand, both are key metrics. My question and the question raised by others was whether existing practice is fit for purpose. What opportunities are there to test emerging technologies, as well as develop new technologies to address these two critical issues? These questions have become the main drivers for this global initiative.
As Farm2050’s first country partner, New
Zealand has a pivotal role to play. We have advanced farming systems and deep
domain knowledge. We produce some of the finest agricultural product in the
world. Yet our farmers and growers are well aware of the regulatory environment
in which they now operate. Consumer concerns about environmental impact, negative
media comment and government regulation are all affecting sentiment within the
primary sector.
Farm2050’s global nutrient initiative is designed to map talk with action to support our farmers and growers.
What does this mean in practise? As a first step, Farm2050, in conjunction with Agritech New Zealand, will work with New Zealand farmers, leading ag co-operatives and government to establish field trials to test select, emerging nutrient technologies. We plan to engage with New Zealand’s major existing players in this space, as well as early stage agritech companies seeking to address these issues.
There is also great science, often locked up in our universities and crown research institutes. Leveraging these combined assets can help New Zealand’s agritech sector take a global lead in improving both plant absorption efficiency, as well as reducing environmental impact, through the smarter use of nutrients. That was the commitment I made last week to Farm2050’s global agribusiness and venture partners in the US. It was a commitment they agreed to support.
Over the next few weeks, we will be releasing a detailed white paper that will outline now only the key objectives of the initiative but also the steps by which the process will be managed. I am also looking forward to announcing some of the globally recognised team members that will be working with Agritech New Zealand to help scale this initiative in New Zealand.
As New Zealand’s government sets out its targets for reducing carbon emissions and improving water quality, this Farm2050 initiative will go a long way to supporting that ambition. For Agritech New Zealand and its members, it’s a very exciting way to kick off 2019.
Historically, the global agricultural industry has been slow in its uptake of technology, but this is changing as it looks to innovate and solve significant problems. These include rising labour shortages, environmental pressures, adverse weather events and feeding a global 10 billion population by 2050.On return to New Zealand, Muller said closer Californian ties are crucial to help produce a thriving economy.
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Presenting the New Zealand agritech story in a compelling and coherent way was an important backdrop to those discussions. As a country renowned for its high quality agricultural produce and wide-ranging and sophisticated farming systems, it’s important that we understand how to tell and share our agritech story.
As New Zealand’s agritech sector continues to reach out to international markets, it’s therefore great to acknowledge that this work has been recognised by government. Right now, NZTech is working with the team at NZTE and New Zealand Story to help curate the message. Agritech New Zealand is aligning itself to this work and we are encouraging others in the sector to do the same.
In San Jose, the theme of the New Zealand panel presentation at last Thursday’s conference was ‘How can NZ agritech help feed the world’. So much of our domestic focus is on producing high quality food to feed 40 million people around the world, we sometimes forget that this accounts for only around 0.5% of the global population. Our tech however can help other nations increase the production of their food needs in much more sustainable ways. By doing so, not only do we increase New Zealand’s agritech export sales, we also help the world feed the remaining 99.5%.
This was the message that resonated at the conference. By focusing on the really big picture, the delegates from many countries recognised our point of difference. Nicky Molloy from Callaghan Innovation talked about Kaitiaki, ‘we are guardians of people, place & planet’. The kiwi panel talked about Ingenuity, ‘Challenging the status quo with original and bold solutions’ and Integrity, ‘We come from a good place. We say what we do’. New Zealand’s delegation stood tall and proud in San Jose. The world saw and understood. It’s now time to press ahead with Āwhina ki te whangai i te ao.
access to farms, ranches and orchards across the USA.
access to major potential agribusiness partners to trial or license New Zealand agritech.
Later this month, I am meeting Ministers Damien O’Connor and David Parker to discuss how Government can help support and facilitate the opportunities that these agreements generate. To further share the benefits of these agreements with our ecosystem, we are planning a roadshow throughout New Zealand during spring. Event dates will be posted on our relaunched website soon.
Closer to home, I have joined the steering committee for AgriFutures Australia’s conference, evokeAG , 19-20 February, 2019 in Melbourne. The event is being positioned as a Trans-Tasman initiative and a number of New Zealand speakers and presenters are expected to take part. Watch this space for more information!
Locally, Agritech New Zealand has been fulfilling its mandate to bring together ‘everyone and everything’ in the country’s rapidly growing agritech community. Representatives from PAANZ, the Sprout Accelerator, Blinc (formerly known as the Lincoln Hub) and NZTE have joined the organisation’s Executive Council. View its full membership here.
Building a strong and globally competitive New Zealand agritech sector remains a core driver of this organisation. The new agreements are testament to that and over the coming weeks I expect to be able to announce more major initiatives. This is a fantastic time to be part of our primary and tech industries. By working together, I firmly believe we can make a difference.
Early bird tickets are now available for evokeAG , 19-20 February, 2019 in Melbourne. Conversations include AgData, AI, food provenance, robotic farming, new value chains and more. Learn more.
Watch Hank Giclas, Senior Vice President, Science, Technology and Strategic Planning at Western Growers discuss New Zealand agritech.
Discover the practical applications of Blockchain technology. Blockworks is 12 October in Auckland.
Attend NZTE’s Export Essentials Workshops, held throughout New Zealand until November. Learn how to select a market, find channel partners, create a unique value proposition and plan successful market entry.
Complete the New Zealand IoT Alliance’s survey here to help create a clear IoT device certification pathway. Also, help local tech companies grow by completing the2018 Market Measures survey.
New Zealand has become Farm2050’s first ‘Country Partner’.
The Agreement was signed on the final day of this year’s Silicon Valley AgTech Immersion Program. I was joined at the signing by the NZ Ambassador to the US, Tim Groser & NZTech CEO, Graeme Muller. The co-signatories from Farm2050 were Arama Kukutai of Finistere Ventures & Dror Berman of Innovation Endeavors.
This is a big deal for New Zealand’s agritech sector. The Farm2050 initiative was established at the back-end of 2014 by Google Chair, Eric Schmidt, and his investment vehicle, Innovation Endeavors. It provides emerging and established New Zealand agritech businesses with the opportunity to engage with major global agribusinesses such as Bayer Crop Science, Corteva Agriscience, Mars & PepsiCo on significant new innovation-driven initiatives. These activities will increase the visibility of emerging New Zealand agritech businesses seeking capital to scale to Farm2050’s venture partners who include Finistere Ventures, Innovation Endeavors, Syngenta Ventures, Fall Line Capital, S2G Ventures & Rabobank.
Agritech New Zealand has been tasked to drive the Partnership. In discussions with Farm2050 partners over the past few months, we have identified a number of areas of potential significant value to our agritech sector. I have made a commitment that New Zealand will not only meet the Farm2050 collective’s initial expectations: It is my intention that we smash them.
The significance of the Farm2050 Country Partnership was enhanced by the signing of the Western Growers Strategic Partnership Agreement on Wednesday. This provides emerging New Zealand agritech businesses with access to not only the Western Growers Technology & Innovation Center in Salinas, but also to farmer and grower members across the States.
Whilst these two Agreements are not directly connected, their outcomes are. They provide New Zealand agritech businesses looking to enter the vast US market with;
Access to globally connected capital through the visibility generated by the Farm2050 collective
Access to a ‘landing pad’ at the Western Growers facility in Salinas
Access to farms, ranches & orchards across the States
Access to major potential agribusiness partners to trial or license our tech
What then next?
I fly back to New Zealand tonight and our Executive Council will begin to immediately socialise the opportunity within the wider New Zealand agritech community.
We are setting up a nationwide roadshow in the Spring where we will explain the opportunity and its potential outcomes for the sector. Details of the roadshow will appear on this website in the next few days.
In summary: I cannot remember a time when there has been such an opportunity for New Zealand’s agritech sector to scale in the global market. It’s an opportunity that I personally intend to drive home.
About Western Growers: Founded in 1926, Western Growers represents local and regional family farmers growing fresh produce in Arizona, California, Colorado and New Mexico. Our members and their workers provide over half the nation’s fresh fruits, vegetables and tree nuts, including nearly half of America’s fresh organic produce. In December 2015, WG opened an agtech incubator—the Western Growers Center for Innovation & Technology—in Salinas, California to provide startups with the resources and mentoring needed to get their companies and technologies up and running. The Center now houses 47 startups. Connect with and learn more about Western Growers on our Twitter and Facebook.
About Agritech New Zealand: Launched in 2018, Agritech New Zealand is a purpose driven, membership funded organization whose members share a passion for the opportunities that agritech can generate. Agritech New Zealand connects innovators, investors, regulators, researchers and interested public. It promotes opportunities and challenges raised by agritech. Agritech New Zealand advances the ecosystem through advocacy, collaboration, innovation, talent and economic growth through international connections and missions.
I had the pleasure of spending 36 hours with John as we visited agritech companies in the Bay of Plenty & the Waikato. It was not AgriFutures first visit to NZ. That had happened in May when the organisation attended both the ’10 billion mouths’ conference in Tauranga and the formal launch dinner for Agritech New Zealand.
The opportunity for increasing collaboration with Australia’s agritech community has been on my radar for some time. When I am in London, San Francisco (tomorrow) or New York, New Zealand & Australia tend to get bundled together. It’s time that this was recognised by our respective governments. Similar sized economies in other parts of the world have understood the value of regional collaboration for years.
As an example, on Thursday I am meeting the founder of Silicon Vikings, the collaborative network that has brought the Scandinavian nations together to create much more significant, collective impact in Silicon Valley. If New Zealand & Australia’s agritech sectors want to generate that same regional dynamic, then greater collaboration is a key metric going forward.
Yesterday, I took my first step on this journey. Following John’s visit to New Zealand, AgriFutures invited me to join the Steering Committee for their major agritech conference in 2019: evokeAG. It takes place on 19-20 February in Melbourne.
On yesterday’s conference call, we were joined by the other Steering Committee members: Agthentic, AgFunder, Austrade, CSIRO, KPMG & Sprout X. We discussed some of the logistics around the conference and how New Zealand’s agritech community could be fully engaged. This opportunity is real. Whilst evokeAG was primarily established to promote the Australian agritech and foodtech sectors, its success depends very much on how it can be positioned as a regional story. This in my view adds significant value to its purpose. It is critical to attract targeted international delegations from Europe, North America, LATAM & Asia. It’s also hugely important for the region’s wider agritech ecosystem as it seeks to scale and generate more visibility on the global stage.
Opportunities for New Zealand’s agritech sector include:
Showcasing the latest research and development across agriculture and food coming from Australia & New Zealand
Start-up Alley – to showcase New Zealand start-up and early stage businesses to an international audience
Providing a platform and stage for a number of kiwi thought leaders in the agribusiness space to share their knowledge
Creating new opportunities for New Zealand agritech businesses to better understand and be better prepared for entry into the Australian market
Attracting emerging agritech and food tech solutions for deployment into Australia & New Zealand
Tomorrow, I fly out to San Francisco. Reaching out to the global agritech ecosystem is a demonstration of the maturity and place in which New Zealand’s own agritech sector now occupies. I’m reminded of the ’10 billion mouths’ conference theme: ‘New Zealand’s agritech sector is #GoodForTheWorld‘.
When we first embarked on developing the program back in 2015, we could not have envisaged just how significant the long-term impact would be on New Zealand’s emerging agritech sector. The economic ($$’s) return through increased cross-border trade is now being measured in the US$ multi-millions, with at least five of the original cohort of early stage companies now having an established presence in North America.
Later this month, a host of new faces and companies will be joining this journey. Welcome then: AgFirst Consultants, AGMARDT, AgResearch, AgriSmart, Agritech New Zealand, Autogrow, Blinc, Blockbit, Callaghan Innovation, Giltrap Engineering, Hop Revolution, IXOM, Jenkins Freshpac Systems, Marlborough Garlic, Miro Trading, Next Farm, NZTE, NZ Tech, NZVIF, Paysource, Plant & Food Research, Robotics Plus, Seeka, Sprout, Thelning Design, Trimax and Zespri. What an amazing cross-section of New Zealand’s world-leading agritech science & research capability joining forces with a number of the country’s most exciting, emerging agritech businesses, to meet and engage with Silicon Valley’s vast agtech ecosystem. We are absolutely stoked.
Last week, the delegation spent a day at the Waikato Innovation Park for a pre-program briefing. We heard from past delegates including Steve Saunders (Robotics Plus), Matt Flowerday (GPS-it) & Darryn Keiller (Autogrow) about their experiences of previous programs and where this experience has taken them since. We were also joined by representatives from NZ Story & NZVIF as we prepped the team on what to expect from, and how to prepare for, the week ahead. I think its fair to say that the delegation is pretty well pumped, locked and ready to go.
For me personally, this will be another opportunity to connect with a number of now established friends in the wider San Francisco Bay area’s agritech community. And this provides some glimpse to where history is about to be made. To build on the value that these successive programs have developed, we need to establish a more permanent set of bridges that connect New Zealand’s agritech businesses with the capital, networks and in-market farm access necessary to help scale our sector. Building those bridges and developing these connections has been a priority of several folk over the past 12 months and I expect to be able to share some of the results of that work when I report back from San Francisco later this month.
These are exciting times for New Zealand agritech. As the global demand for more food grows, we are well placed to provide the knowledge, the products and the services to help make that happen. This month’s Silicon Valley Immersion Program and Conference is just one more step in that direction. What happens over the next few months could well determine just where New Zealand sits in this global industry in the years ahead.