Australian agtech OneCrop takes out first prize at the Future Food Asia Awards

Australian agtech startup OneCrop was this week named the winner of the first prize at the Future Food Asia Awards, taking home US$100,000 in prize money.

The startup, founded by David McGrath and Chris Thomas and led by Andrew Logan, has created a degradable mulch film that stores soil moisture, increases soil temperature, and drives early germination and plant growth to allow farmers to boost their crop yield.

Its film has been used in fields across China and the US.

Logan, CEO of OneCrop, said the Future Food Asia Award (FFAA) experience has been “transformative” for the business.

“OneCrop has a vision to radically change global farming. However, we need opportunities like FFAA to engage with influential individuals and organisations to accelerate our growth, otherwise we would be still sitting back in Australia trying to get heard,” he said.

Founded in 2016, Future Food Asia looks to connect startups, investors, government, research teams, and corporates working in the agtech and foodtech spaces, with the FFAA event organised by Singapore venture capital firm ID Capital. Read more

Gina Baldassare - Startup Daily - 28 May 2018