Indigo Ag has announced South Australian agtech startup Platfam as one of 36 semifinalists in the 2019 Terraton Challenge. 266 projects from 44 countries submitted project ideas.
The Terraton Challenge seeks to rally innovators to develop solutions that advance The Terraton Initiative, the global effort to remove 1 trillion tons – or a teraton – of carbon dioxide from the atmosphere and use it to enrich agricultural soils.
Platfarm was successful in the Quantify track. This track is working to create the next generation of soil carbon monitoring and verification systems, seeking solutions that quantify soil carbon in more scalable ways.
Platfarm provides tools that run on the web and smart devices allowing farmers to turn insights from maps and data into work. Operators run Platfarm in their tractor and are alerted when they reach key destinations or zones, and track work completed is tracked.
Platfarm CEO Oli Madgett said, “Platfarm are deeply committed to helping farmers enrich their soils and to be part of the climate change solution. The use of Platfarm for soil carbon shows the versatility of the design of Platfarm to turn insights, data, and mapping references into action for a range of agricultural systems. At the end of the day we can all innovate to provide better metrics and analysis, but it’s the farmer that needs to put that to work, Platfarm makes the work achievable and accurate”.
The opportunity for the demonstrated pivot for Platfarm into soil carbon came from their involvement in the Meat and Livestock Australia and Cicada Innovations Carbon Neutral 2030 Challenge of which Platfarm was a category winner.
Download the media release: Platfarm joins international soil carbon innovation challenge
Platfarm makes it simple and cost effective for growers to manage their land with precision — helping to maximise yields while optimising inputs, minimising wastage, and increasing environmental sustainability.
Platfarm is being used within grape growing regions of South Australia, Tasmania, and Western Australia. The Platform is being expanded into new areas such as soil carbon management. We are a successful Agtech startup with strong links to the South Australian and Australian agtech community.
About The Terraton Challenge
Many of the world’s largest industries have transformed and unlocked new value through digital systems innovation, and now’s the time for agriculture to do the same. The Terraton Challenge rallies innovators to develop solutions that advance The Terraton Initiative, the global effort to remove 1 trillion tons – or a teraton – of carbon dioxide from the atmosphere and use it to enrich agricultural soils. Fueling the Initiative with technological innovation and competition, The Terraton Challenge seeks to focus global innovators on agriculture as a climate solution. For its inaugural year, The Terraton Challenge is focusing on three critical areas: technologies that accelerate soil carbon sequestration, methods to quantify soil carbon, and innovative financial offerings that reward growers for capturing and maintaining soil carbon. More than 260 applications were reviewed by a panel of expert judges, and 36 projects were accepted into the 2019 Terraton Challenge cohort.
- 266 projects were submitted to The Terraton Challenge.
- 36 projects were accepted to the 2019 Terraton Challenge semifinalist cohort.
- Of 167 applications, 12 projects were accepted to the Accelerate track.
- Of 55 applications, 19 projects were accepted to the Quantify track.
- Of 44 applications, 5 projects were accepted to the Reward track
About the Quantify Track
The Quantify track of The Terraton Challenge seeks efficient, accurate, and low-cost soil carbon analysis technologies, specifically those that enable in-field or remote analysis of soil carbon, will accelerate our understanding of soil carbon and hasten adoption of management practices that sequester carbon. To create the next generation of soil carbon monitoring and verification systems, we seek solutions that quantify soil carbon in more scalable ways.
About Indigo Agriculture
Indigo improves grower profitability, environmental sustainability, and consumer health through the use of natural microbiology and digital technologies. The company’s scientific discoveries and digital innovations create new value from soil to sale, benefiting tens of thousands of growers across millions of acres. Working across the supply chain, Indigo is furthering its mission of harnessing nature to help farmers sustainably feed the planet. In 2019, Indigo established The Terraton Initiative, a global effort to drawdown one trillion tons of atmospheric carbon dioxide through agricultural soils. Ranked #1 on CNBC’s Disruptor 50 list, Indigo is headquartered in Boston, MA, with additional offices in Memphis, TN; Research Triangle Park, NC; Sydney, Australia; Buenos Aires, Argentina; São Paulo, Brazil; and Switzerland. For more information please visit IndigoAg.com.