{"id":21098,"date":"2022-03-22T02:20:00","date_gmt":"2022-03-22T02:20:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2022\/03\/22\/bidra-innovation-ventures-launches-50m-agritech-fund\/"},"modified":"2022-03-22T02:20:00","modified_gmt":"2022-03-22T02:20:00","slug":"bidra-innovation-ventures-launches-50m-agritech-fund","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2022\/03\/22\/bidra-innovation-ventures-launches-50m-agritech-fund\/","title":{"rendered":"Bidra Innovation Ventures launches $50M Agritech Fund"},"content":{"rendered":"<p> \n<\/p>\n<div lang=\"en\">\n<p>        SAN FRANCISCO, US &#8211; African Media Agency &#8211; 22 March 2022 &#8211; Bidra (Arabic for &#8220;seed&#8221;) is a new fund focused on identifying, nurturing and empowering bold, innovative solutions in agriculture around the globe. Launched with the support of UM6P and the OCP Group, a global leader in plant nutrition. Bidra is focused on being a dynamic partner in the global effort to sustainably feed the world&#8217;s growing population.<\/p>\n<p>Based in San Francisco, California, Bidra will be initially equipped with 50 million Dollars to be invested over a period of 5 years. Bidra is a stand-alone fund operating independently whereby Bidra&#8217;s leadership is empowered to make investment decisions. The Fund is scheduled to begin operating as of April 1 2022. Bidra&#8217;s ambition is to have a tangible impact on agriculture by focusing on farmer solutions. In doing so, the Fund will cover areas such as crop inputs, digital agriculture services, and agri-market solutions.\n<\/p>\n<p>In partnering with the most promising entrepreneurs in agriculture and alliances with innovative ventures, Bidra will prioritize disruptive, scalable start-ups and empower them to benefit from the stimulating environment, cutting-edge know-how, market access, established brand and historic experience of the Mohammed VI Polytechnic University and the OCP Group.\n<\/p>\n<p><i>&#8220;I am thrilled to join Bidra at the most critical time in our industry. I&#8217;m thankful for UM6P&#8217;s initiative and their conviction in backing founders and technologies at the bleeding-edge in agriculture. Equally grateful I am to have industry stalwart like OCP Group as a backer. Having UM6P and OCP as sole investors ensures Bidra has the backing of patient capital and access to unparalleled resources&#8221;. <\/i>said Amar Singh, President Bidra Innovation Ventures.\n<\/p>\n<p>Mr Hicham El Habti, President of UM6P and Board Chair of Bidra added:<br \/>\n<i>&#8220;UM6P is dedicated to research and innovation and brings together a full innovation ecosystem comprised of the best researchers, first-class international academic and innovation partnerships, as well as several laboratories and capabilities to test and improve new technologies. We see Bidra&#8217;s partnerships with startups and the agricultural innovation ecosystem at large as key catalysts to achieving our objective to contribute to the transformation of agriculture towards greater sustainability.&#8221;<\/i><br \/>\n<\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/united-states\/2022\/03\/22\/126233\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SAN FRANCISCO, US &#8211; African Media Agency &#8211; 22 March 2022 &#8211; Bidra (Arabic for &#8220;seed&#8221;) is a new fund focused on identifying, nurturing and empowering bold, innovative solutions in agriculture around the globe. Launched with the support of UM6P and the OCP Group, a global leader in plant nutrition. Bidra is focused on being &hellip;<\/p>\n","protected":false},"author":1,"featured_media":21099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/21098"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=21098"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/21098\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/21099"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=21098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=21098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=21098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}