SVG, a Silicon Valley-based venture capital firm founded by Limerick man John Hartnett, is planning to invest in more European agri-food tech start-ups. The VC, which has previously supported Irish companies such as MagGrow, Nuritas and Microgen Biotech through its Thrive accelerator programme, is introducing a European challenge to uncover more promising entrepreneurs. Winners of the challenge will be selected for SVG’s Silicon Valley accelerator with an opportunity to pitch at an invitation-only event sponsored by Forbes magazine. SVG has invested in eight European start-ups to date, including Dublin-based Orbis MES and SiSaf, a Belfast-headquartered biotech company. Mr Hartnett is also the co-founder of the Irish Technology and Leadership Group, which promotes business links between Ireland and Silicon Valley.

Source: The Irish Times March 21, 2021 18:56 UTC