June 29, 2016 | Crowdfunding venture capital fund OurCrowd, has announced the Israeli launch of Radicle, an accelerator fund dedicated to growing early stage agricultural technology startups into proven industry leaders. The fund is launched in partnership with Finistere Ventures, Cloud Break Advisors, and an alliance of top agricultural industry leaders, including Bayer and DuPont. Radicle aims to reduce the time to develop, market, and commercialize new agriculture technologies. With a focus on global AgTech solutions, Radicle will offer a specialized platform to incubate high-quality AgTech companies that can solve global farming problems. Radicle will be a $15 million fund with $6 million in initial closing commitments. Radicle maintains a physical presence in all core markets, including Israel, San Diego, Palo Alto, Research Triangle Park and the Midwest USA.
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