AgTools, a dashboard platform for agribusiness operators, was proclaimed a winner of the Radicle Inclusion Challenge Presented by Nutrien, and received a $250,000 investment.
AgTools is a startup at the EnterpriseWorks incubator at the University of Illinois Research Park.
Nutrien partnered with Radicle Growth to provide a platform for innovative and inclusive entrepreneurs who are creating a more sustainable food and ag industry. This year, the Radicle Challenge focused on diversity and inclusion.
“Winning this competition is the culmination of a long road of trying to explain the complexity of the world markets impacting any local farmer and how they have to manage their farm beyond the obvious,” said AgTools CEO Martha Montoya. “Knowing the global variables impacting their commodity is crucial for their longevity. Truly rewarding.”
With over 130 entrepreneurs from 40 countries, AgTools was successful in receiving the funding after pitching its development of a SaaS-based data platform for materials to provide volume and price insights to an array of customers.
Along with the funding, the company will be provided with access to deep industry expertise and a global network of executives, advancing their pathway to success.
Read the full news release here.