Saturday, February 4, 2023

An Argentine startup was awarded at the Santander global competition: what the company does

Santander x Global Challenge | Food for the Future also honored two Spanish, two British and one American companies

argentina startup, nat4bioReceived one of the awards from the Global Entrepreneurship Challenge Santander x Global Challenge | food for the futureWhich has acquired two Spanish companies – Moa Foodtec and Cocas Systems Ibérica -, two British companies – Revive Eco and Small Robot – and another from the US, ClearLeaf Inc. Also honored.

More than 300 projects from 11 countries participated in this global challenge, which aimed to find innovative solutions around the food industry with lasting impact and aligned with another of the United Nations Sustainable Development Goals (SDGs) to end hunger Was.

The Argentinian project, Nat4Bio, was awarded in the startup category and includes a Residue-free, edible coating solution to protect fruits and vegetables from spoilage and rot,

Nat4Bio Awarded Globally

Besides Nat4Bio, two other companies received awards in this category. in one hand, Clearleaf Inc (USA)., which offers non-toxic fungicide-bactericide for agricultural use.

Others, revive echo (UK), a new patented process for extracting natural oils and chemicals from used coffee grounds to generate a sustainable, local alternative to palm oil and derivatives.

With respect to the Scaleup category, little robot company (UK), which provides robotics and AI solutions to make agriculture more efficient, sustainable and profitable, was awarded.

Nat4Bio Awarded Worldwide

Nat4Bio Awarded Worldwide

they were also Moa Foodtech (Spain), a B2B platform for healthy and sustainable ingredients derived through fermentation of AI-optimized food by-products, and Iberian Cooking System (Spain), A scalable 3D printing solution to produce meat analogs.

The Jury Also Honorable Mention to Scaleup Urban Crop Solutions (USA), which proposes indoor vertical growing solutions to produce plants (or plant growth stages) in a fully controlled environment. 95% less water and a 0% of pesticides.

Awards for the winning companies

Six winning companies received awards overall US$s128,118 (€120,000). that is, US$s32.029 for startup and u$s96.088 To scaleup (to further develop their solution).

In addition, all accredited companies will have access to the Santander X100, an exclusive global community with the most outstanding Santander X entrepreneurial projects, connecting them to the resources they need to grow:

Mentoring and training, capital, customers, talent, networking and other valuable resources, in addition to other benefits, such as promotion on social networks and official Banco Santander channels or presenting your projects to Santander, Fintech Station, the Bank’s open innovation team.

Blanca Sagastume, Deputy Global Director of Santander Universities, Open Innovation and Blockchain, said that “in a In the context of rapid global population growth, it is imperative to ensure access to healthy food Redefine the way we produce food for the entire world population and move towards economic and sustainable formats”.

Argentinian Startups Have Grown Rapidly In Recent Times

Argentinian startups have grown rapidly in recent times

He also added, “With this challenge we want to not only commit resources but focus as much as possible on the people who are betting on innovation to meet these challenges.”

To the CEO of the Aucentia Foundation, steve cleverly“Helping entrepreneurs meet global challenges, providing innovative solutions and fostering the adoption of new and disruptive technologies is at the core of our work.”

Nation World News Desk
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