Description
Radicle Growth is a San Diego, California–based venture capital and acceleration platform focused on early-stage investments in agriculture technology (AgTech) and food system innovation. The firm combines capital investment with its innovation platform and industry partnerships to help startups scale in markets like sustainable agriculture, food production, supply chain tech, and biologicals.
Pre-Seed: Selective investment; often via pitch competitions like the Radicle Challenge (winners can receive funding).
Seed: Core focus for direct fund investments; helps startups with early traction scale technologies.
Series A: Participates occasionally, particularly as startups progress through follow-on financings.
Typical Check Size: $250,000–$1,000,000 initial investment in seed rounds or as prize investments through challenge programs.
Typical Ownership Taken: ~3%–7% equity on a seed investment — Radicle Growth generally acts as a meaningful minority investor in early stages, with ownership aligned to capital deployed and valuation. (Industry norms for seed VC checks of this size suggest a minority position; specific percentages aren’t broadly published online but align with seed term expectations.)
Upper Range (Selective): Up to ~10% in smaller valuation or challenge-driven funding situations where Radicle plays a larger role. (Inferred based on check sizes and typical seed dilution ranges for institutional investors.)
Equity Structure: Priced preferred equity or similar seed-stage structures; SAFE/convertibles may be used in some challenge formats.
Board/Governance: As a minority investor, Radicle Growth typically does not take a controlling board seat, but may negotiate observer rights or strategic involvement depending on ownership. (Standard for seed investors of this scale.)
Submission Method: Founders can apply through the Radicle Challenge or direct outreach via the Radicle Growth website; competition winners often receive investment and access to Radicle’s innovation platform.
Intro Pathways: Radicle partners with strategic sponsors (e.g., UPL, Syngenta) on challenge programs where startups can pitch for capital.
Evaluation Timeline: Challenge submissions run on announced cycles (semi-annual or annual), with extensive diligence preceding investment offers.
Eligibility
Sector Focus: Agriculture, food technology, sustainability, crop/soil innovation, biologicals, and supply chain analytics.
Geography: Primarily U.S., Canada, UK, and other global markets where ag/food tech innovation is emerging.
Stage: Seed and early growth; strong early traction or differentiated technology recommended.
Company Profile: Venture-scale startups with sustainable and impactful solutions for critical food system challenges.
Team: Founding teams with domain expertise and execution capability in agriculture/food systems. (Inferred based on investor focus.)
Process
Initial Intake: Startup applications submitted to Radicle Challenge or direct fund pipeline.
Screening & Diligence: Founders reviewed for technology fit, team strength, and market impact in AgTech/food tech.
Pitch Presentation: Selected teams pitch to Radicle investors and challenge judges (typically 15-minute investor presentations).
Investment Decision: Top companies earn capital with conditions outlined in term sheets; Radicle helps facilitate corporate partner access.
What an Applicant can Obtain
Strategic Capital: Seed-stage funding typically between $250K and $1M to advance product adoption, technology development, and market validation.
Acceleration Support: Access to Radicle Growth’s Innovation Platform, including mentorship, market access through corporate partners, and ecosystem resources.
Network & Partnerships: Connections to industry leaders, strategic partners (e.g., UPL, Syngenta), and potential follow-on capital sources.