frakktal selected for new “HudsonAlpha Agtech Investment Accelerator”
frakktal, one of the participants in the inaugural “Spark Cleantech Accelerator,” has joined another accelerator. It’s the “HudsonAlpha Agtech Investment Accelerator” where the participating start-ups receive a $100,000 investment.
Operated by gener8tor, a global venture firm and start-up accelerator, in partnership with the HudsonAlpha Institute for Biotechnology, the 12-week program kicked-off October 13 with five participants in its inaugural cohort. Other participants in the Huntsville-based program are ShipShape, MiFood Robot, MicroMGx, and AgTechLogic. They were recruited from around the world with each competing in a rigorous application and interview process. This first cohort was selected from among hundreds of applicants because of their strong performance in four key elements: team, traction, product/service, and market opportunity.
“The HudsonAlpha gener8tor partnership has perhaps created the most fertile ground for the rapid growth of AgTech startups globally,” said Christopher Udall, Managing Director of the HudsonAlpha Agtech Investment Accelerator. “I am thrilled to be a part of the founder’s journey in solving many of the most impactful challenges relating to world hunger, food scarcity, nutrition, crop yield, sustainability, deep space exploration and so much more! As managing director, I am excited to invest in AgTech innovations and serve the founders that will undoubtedly change the world.”
The accelerator will conclude on December 15, with a showcase event at HudsonAlpha, highlighting each of the five start-ups. Founders will have the opportunity to pitch their companies to investors, community partners, and the public.
As noted in this August article from teknovation.biz, jhana porter – she prefers the lower case spelling of her name and the company – founded frakktal to develop biobased materials built from plant and agricultural leftovers. More specifically, the emphasis is on a PVC (polyvinyl chloride) replacement for use in the built environment.
More information about the program and the participants can be found here.
