Ladies and gentlemen, the wait is over. The winners of the Future Food Asia Award 2019 and the ADB Ventures Award are …
This year’s Future Food Asia Award and US$ 100,000 prize went to RapidAIM from Australia. Led by Nancy Schellhorn, the startup won for its real-time detection and monitoring solution that leverages on a network of sensors to provide updates to end users on the presence of pests starting with fruit flies.
They have combined their knowledge of insect behaviour with proprietary hardware and software to create an instrumented grid of smart traps that detect the presence of an insect, communicate the information to the cloud, then to an end user via a mobile app.
More than a hundred contenders coming from 13 different countries from Asia Pacific applied to the Future Food Asia Award. The finalists pitched their original proposition to improve food & agriculture sustainability in front of a live audience of over 300 industry leaders, professionals and investors.
Jai Kisan and SatSure, this year’s winners of the ADB Ventures Awards at the 2019 Future Food Asia conference
ADB Ventures Award
ADB Ventures, in collaboration with the Future Food Asia (FFA) judging panel, selected two India-based startups Jai Kisan and SatSure to receive market expansion pilot funding. The ADB Ventures Award was earmarked for for startups with high-impact sustainable agriculture solutions.
“Asia is blessed with a multitude of AgriTech solutions that increase the supply of safe and nutritious food, reduce negative environmental impacts from farming, and speed up climate change adaptation. ADB Ventures is proud to align with the Future Food Asia Conference in order to bring awareness to these innovations and help them scale throughout Asia and the Pacific,” said Dominic Mellor, Senior Investment Specialist and ADB Ventures Lead.
Besides the Future Food Asia Award and the ADB Ventures Award, three teams – Team Lavida (1st), Team Enlightenment (2nd), and Team Dut (3rd) – were awarded prizes as winners of the Alibaba Cloud and Bühler AI Challenge on Food Safety, and four startups were awarded Startup SG prizes worth S$50,000 each: Intello Labs from India, Phyto Corporation from South Korea, Shiok Meats from Singapore, and VakSea from the United States.
Future Food Asia
FFA was hosted on June 3-4 in Singapore. The conference rewards entrepreneurs from the Asia Pacific region who are building disruptive and sustainable innovations to tackle problems in the agri-food value chain.
It was ADB Ventures first time as a partner at the conference which has benefited from the continued support from Archer Daniels Midland Company, Singapore’s lead public research agency A*STAR (Agency for Science, Technology and Research), enterprise development agency Enterprise Singapore, and the Singapore Economic Development Board. Besides ADB Ventures, this year’s FFA benefited from three new partners: Bühler Group, Alibaba Cloud, and Corteva AgriscienceTM.
As in the past two editions, the Future Food Asia Award jury for the selection of the 10 finalists consists of: Gérard Jacquin, former Director of Partnerships, Transfer and Innovation at INRA, Europe’s leading agricultural research institute; Dr. Ralph Graichen, Director of Food & Consumer at A*STAR’s Biomedical Research Council; Victoria de la Huerga, Vice President of ADM Ventures, Archer Daniels Midland Company; and Isabelle Decitre, Founder and CEO of ID Capital. More details are available at https://futurefoodasia.com/ffa2019