DouxMatok is this year’s winner of the third international AgriVest conference, an initiative of Invest in Israel, the investment promotion center at the Israeli Ministry of Economy, the Trendlines Group and Trendlines Agtech and GreenSoil Investments.
DouxMatok, the company that created technologies to make sugar sweeter and reduce the amount of sugar required in foods, was chosen by an international industry panel as this year’s outstanding startup. The company, which was incorporated in 2014, won the AgriVest 2015 Best Company award and received $5,000 in consulting services from Ernst&Young and the opportunity to present and attend the upcoming Pioneers Conference in Vienna, Austria.
BioFishency, developers of effective water treatment systems for land-based aquaculture, took second place and will also present at the Pioneers Conference.
Other Israeli startups to present at the event include CropX, ag-analystics to grow more crops with less water; Ecofer Fertigation, that convert soluble dry fertilizers into liquid solutions; Hinoman, cultivating a protein-rich vegetable; Groundwork BioAg, beneficial fungi for mainstream agriculture; FuturaGraft, advanced plant-grafting technologies; EQUInom, novel seed-breeding technology; VIBE Technologies, computer vision-based software for QA of agricultural commodities; Saturas, miniature stem water potential sensors; Valentis Nanotech, advanced coatings and compounds; and Phenome Networks, collaborative software for managing plant-breeding data.
Some 350 businesspeople, entrepreneurs, government officials, scientists and investors from Israel and abroad attended the conference.
“In recent years the global challenges of supplying food for a growing population are getting worse, and demand is on the rise. Agricultural technology presents the infrastructure for resolving the very serious issue of world hunger. Israel can and needs to present the world with solutions, including innovative developments which fulfill the future needs of global agricultural markets. We have the tools, the knowledge and the ability to lead development of technological research in agriculture, and to realize the possibilities of this field as a successful export industry,” said Dr. Nitza Kardish, CEO of Trendlines Agtech.
AgriVest, which took place at the Weizmann Institute of Science, is a platform for meetings between potential investors and key executives in the global agricultural industry.
“There is huge interest around the world in Israeli developments and they carry significant economic potential, as well as benefits for Israel’s global image,” said Kardish.