Cool Planet, an agricultural technology company focused on soil health and carbon-based agricultural solutions, has been named in SVG Ventures’ THRIVE Top 50 Report, which recognizes companies across six technology categories and seven problem areas within agriculture and food. The company has been recognized in the Biotechnology category for their biochar-based soil health amendment Cool Terra.
The report is the result of six months of rigorous research and analysis with input provided by SVG Ventures corporate partners’ Trimble, Land O’Lakes, Wilbur-Ellis, Taylor Farms, Elanco, Corteva, E&J Gallo Winery, Verizon Wireless, the City of Salinas, Western Growers Association, Yamaha Motor Venture & Laboratory Silicon Valley, Driscoll’s Berries, JV Smith, and Wells Fargo.
“This year’s awardees are developing incredible solutions that enable the agriculture and food industries to respond in a proactive way to urgent environmental challenges, labor shortages, food security, and human health concerns” said SVG Ventures-THRIVE Founder and CEO John Hartnett, “Top 50 companies are critical assets to the industry and we are proud to highlight the incredible spectrum of innovation represented by this year’s Top 50.”
Cool Terra products aim to improve soil health, reduce water consumption, and help optimize fertilizer use while sequestering substantial amounts of carbon — a trifecta, of sorts, toward soil health, food security, and sustainability. The highly porous physical structure of Cool Terra also makes it a promising delivery system for microbials and nutritionals designed to enhance plant growth and productivity.
Cool Planet, which is based in Colorado, has begun construction on a new facility in Louisiana and is seeing strong sales in the wake of the more than 120 seed trials it has conducted. The company plans to attend THRIVE’s AgTech Innovation Summit on March 27.