Agtech CoFounder - CEO/COO - Project
Job Details
permanent
United Kingdom
Founders Factory
16.03.2024
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Full Job Description
Founders Factory builds and funds startups
together with exceptional entrepreneurs and the world’s leading
companies. Created by IPO-exited founders, we offer founders capital,
operational support from a team of hands-on experts, and unrivalled
access to a coalition of industry-leading corporate partners. Since
2015, our 300+ portfolio companies have raised $800mm follow-on
funding from a roster of notable investors.
Our Studio partners with entrepreneurs on day one,
developing new ideas, technologies and business models into high
growth companies. Together with Nesta, the UK’s innovation agency for
social good, we’re now creating ventures that deliver social impact by
means of venture-backable scale.
We’re
looking for an experienced operator with entrepreneurial ambitions to
take a new concept created and validated by our Venture Design team
into the Build Phase. You will lead the venture as Founder & CEO with
our investment and the full backing of Founders Factory.
The Problem:
What we eat - its price, availability
and nutritional value - is a product of the farming system that
creates it. Our farming system is broken. ‘Conventional’ farming
practices, such as the intensive use of agrochemicals, are driving
negative outcomes for both our health and the environment.
There is a growing movement to transition
towards regenerative farming practices that protect nature, improve
health, fight climate change and build national food security. 72% of
UK farmers are looking to use, or being pushed by retailers,
regulation and rising costs, to use some regenerative techniques. But
there are major barriers to transition to regen ag:
1 - Capital: Requires
upfront capital (working and infrastructure) to manage the 3-5 yrs
transition but traditional loans not appropriate.
2 - Knowledge: Farmers need support in
knowing how to transition from conventional farming to regenerative
practices.
Data sits at the core of
regen farming, but currently exists in a siloed and analogue format.
Farmers monitor soil health to understand fertility, crop rotations
and to maximise yields. These data sets correlate with the data sets
used for credits, financing and evidencing provenance. By digitising
the data we can reduce the admin burden for farmers and unlock new
revenue streams by selling nature credits to organisations looking to
offset their environmental impact. Ultimately making farming more
profitable in the long run whilst having a positive impact on health
and the environment.
The Solution:
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Agtech CoFounder - CEO/COO - Project
Founders Factory
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