Nutrien Announces OC's Agtools® as one of the Recipients of the Radicle Inclusion Challenge

Two leading agriculture companies focus on diversity and inclusion to find and fund innovative entrepreneurs and technologies that benefit the environment and society

Orange, California, October 27, 2022

Canadian company Nutrien, the world's largest provider of crop inputs, services, and solutions partnered with San Diego, California, Radicle Growth, an accelerator and venture capital firm focused on early-stage agriculture and food technology startups, to sponsor the Radicle Inclusion Challenge. This year’s event was committed to driving goals of diversity and inclusion with historically underrepresented agtech entrepreneurs in early-stage food and agtech startups. More than one hundred and thirty applicants from forty countries participated in the Challenge for an opportunity to receive assistance in venture capital and access to valuable resources helping them to deliver their technologies to market.

Candace Laing, Senior Vice President and Chief Human Resources Officer at Nutrien said, “At Nutrien, we believe addressing historical inequities in agriculture is essential to advancing social justice efforts and creating a long-lasting impact on the industry. To help support systems-level change, we can leverage the opportunity we have in our investments and agtech partnerships to strengthen business, social, environmental, and investment outcomes.”

Coinciding with the annual World Food Prize Foundation’s Norman E. Borlaug International Dialogue in Des Moines, Iowa, this past week, finalist presented their ideas and business objectives to a panel of experts. Agtools was one of two winners recognized for building a SaaS-based data platform for commodities to provide volume and insights to a range of customers including buyers and suppliers – growers/shippers. The price awards a $250,000 investment and access to high-level industry expertise and a global network of executives serving as strategic partners and mentors assisting in their pathway to success.

Kirk Haney, Managing Partner at Radicle Growth said: “We are highly impressed with the high-quality entrepreneurs and technologies that we've identified through the Radicle Challenge process. This Challenge has resulted in data-driven market intelligence on diversity and inclusion in agtech, providing transformative insights into how underrepresented groups are accessing the funding and resources they need to be successful. This is an incredible data set, and we look forward to leveraging these insights to drive systemic change and lead the next wave of innovation in agtech.”

Agtools was one of four finalists chosen that went on to win the Radicle Inclusion Challenge Award. Representing the company was President and CEO, Martha Montoya. "Winning this competition is the culmination of a long road of trying to explain the complexity of the world markets impacting any local farmer and how they have to manage their farm beyond the obvious. Focusing on increasing yield and lowering costs is only a percentage of farming good practices. Knowing the global variables impacting their commodity is crucial for their longevity. Truly rewarding," says Martha Montoya, CEO at AgTools.

About Agtools:

www.ag.tools Agtools, Inc. – Microsoft Machine Learning and AI award winner, is a fast-growing SaaS business intelligence solutions company driving efficiencies within the global food and agriculture supply chain. With one billion transactions per second, Agtools® offers a solution to the challenge of accessing the real-time data needed for short- and long-term business decisions that are causally related to revenue, cost, and overall efficiency. The company provides data and analytics for farmers, buyers, distributors, retailers, government agencies, financial firms, and other stakeholders to manage volatile product categories. Agtools® harnesses infinite industry knowledge to improve results. The company is headquartered in Orange, California.

Selected as: Accenture 1871- Supply Chain Innovation Award, Orange – Worldwide Decarbonization Award

Participant in the next-level endeavor accelerator and NASDAQ accelerator

Note: If you would like more information or images please contact
Juanita Gaglio, Agtools
714-707-4848
juanita@ag.tools

Martha Montoya
Agtools®
martha@ag.tools
+1 714 366 3225

SOURCE: Agtools®

Agtools® partners with Global Hitss as a provider of data and analytics solutions for the food and agriculture industry

Companies will now access centralized markets, benchmark data and analytics to make timely and impactful decisions, closing the visibility gap created by disconnected supply chains.

Retail, food service and processing companies benefit from access to current market data

Supply chain data and analytics company Agtools® partners with Global Hitss to impact Mexican food producers and retailers at a crucial time when geopolitical and pandemic events are complicating the global food supply chain. Corporations seek reliable data with easy access to market data to understand their market share and identify opportunities for growth.

This partnership will provide advanced data and analytics solutions, product-specific content, and integration services with existing systems and processes. Global Hitss continues to expand its portfolio of digital transformation solutions with the addition of the Agtools suite of services.

According to the FAO, Mexico wastes more than 10.4 million tons of food each year. This technology will help the entire food supply chain to maximize product and resources to reduce this impact in the future.

Agtools locates, ingests, selects and extracts knowledge from billions of reference data records from the world market. By accessing this readily available market data, contextualized for each product, users will reduce 50% to 60% of the time and costs involved in the arduous process of finding, ingesting, and preparing data for analysis. The company provides its users with crucial data insights and analytics on which to base transactional and strategic decisions, leading to better results in revenue, profitability, customer satisfaction, and business resiliency.

Agtools® CEO and founder, Martha Montoya has global experience in the food and agricultural supply chain, helping the industry see more, achieve more. “Market dynamics, from supply and demand to weather and labor costs, impact the global supply chain. Our customers are demanding and we are proud to deliver through our systems the market benchmark data and analytics they need to make better buying and selling decisions.”

“Our team is continually looking for new solutions to provide innovative ways to improve business processes and results. With Agtools we add another unique solution to support the region's food and agriculture players, who are becoming increasingly important in feeding local and international consumers. Our customers will be able to shift resources to optimize production and sales results by accessing already curated and audited data through their existing systems,” said Luis Moguel, Global Hitss Applications Business Director.

In 2021, Mexico supplied 58% of the U.S. Bell Pepper Volume

About Global HITSS:

Global HITSS is the leading provider of digital solutions and IT services with 30 years of experience in the Latin American market. Today it operates in 25 countries, including the United States and Europe. According to Expansión magazine, the company is one of the 500 most important companies in Mexico. Global HITSS is contributing to the development of the digital society. Learn more about Global HITSS services and solutions and we can accompany your company on your digital journey at www.globalhitss.com

About Agtools:

www.ag.tools Agtools, Inc. – Microsoft Machine Learning and AI award winner, is a fast-growing SaaS business intelligence solutions company driving efficiencies within the global food and agriculture supply chain. With one billion transactions per second, Agtools® offers a solution to the challenge of accessing the real-time data needed for short- and long-term business decisions that are causally related to revenue, cost, and overall efficiency. The company provides data and analytics for farmers, buyers, distributors, retailers, government agencies, financial firms, and other stakeholders to manage volatile product categories. Agtools® harnesses infinite industry knowledge to improve results. The company is headquartered in Orange, California.

Martha Montoya
Agtools®
martha@ag.tools
+1 714 366 3225

SOURCE: Agtools