Winner Announced! Precision AI wins the Cooperative Ventures Innovation Challenge on bridging the gap from collecting data to generating insights and recommendations.

CHS and GROWMARK, two of the largest farmer-owned agricultural supply cooperatives in the world, help North American farmers maximize yield and profitability in a sustainable manner, using data to make more informed decisions. Together they created Cooperative Ventures, a venture capital fund investing in and pursuing strategic commercial relationships with early stage start-ups in order to accelerate innovation for cooperative members and farmers.

New and emerging technologies collect massive volumes of field-level data and yet the insights and analysis which can be made from that data remain limited. Cooperative Ventures wants to work with companies who are bridging the gap from collecting data to generating insights and recommendations.

The Challenge: Leveraging Field-Level Data to Deliver Actionable Insights and Profitability for Farmers

Use cases may include, but are not limited to:

  • Enhanced execution and timing of field operations
  • Efficiency of equipment deployment
  • Optimizing input procurement, delivery, and inventory management
  • Integration of data from disparate technologies (i.e. sensors, drones, IoT, etc.)
  • Validating efficacy of products & practices

Three Finalists Pitched on Stage

Chosen from 100 entries around the world, the three finalists Ukko Agro, Autonomous Pivot and Precision.AI went head-to-head at the summit in San Francisco for a chance to work with mentors at the Cooperative Ventures fund, and potentially win some investment. Congratulations to Precision AI for the win!

Winner Announced: Congratulations to Precision AI!

Dan McCann, Ben Van Straten, Heather Thompson on stage

Precision AI has been selected as the winner of the Cooperative Ventures Innovation Challenge at this year’s World Agri-Tech Innovation Summit in San Francisco, in a close-run final against fellow finalists Autonomous Pivot and Ukko Agro, after being selected from over 100 entrants around the world.

Learn more.

Webinar: Discussing the challenge

In this webinar, the team behind Cooperative Ventures shared exclusive tips for start-ups wanting to get their entry noticed.

Speakers:

  • Heather Thompson, Director of Innovation, GROWMARK
  • Ben Van Straten, Director of Innovation & Sustainability, CHS

WATCH THE WEBINAR