Canadian agriculture and food technology companies Terramera and Livestock Water Recycling have won the first ever Nutrien-Radicle Challenge Canada.
Terramera won US$1.25 million for winning the growth-stage category after the finals held in Saskatoon, Oct. 1-2.
The Vancouver-based company develops high-performance natural alternatives to synthetic chemical pesticides and fertilizers.
It has also pioneered a method to target active ingredients to cellular delivery.
Livestock Water Recycling of Calgary won the $250.000 prize in the early-stage category for their technology that segregates and concentrates manure nutrients into fertilizer products while recycling clean water for reuse.
Nutrien said the contest was created to promote ag and food technology innovation in Canada.
Over 100 agriculture and food technology innovators applied.
Eight finalists pitched their ideas to a broad range of industry leaders serving as judges.
Growth-stage entrants must have previously raised $3 million in investment, while early-stage entrants needed to have raised a minimum of $100,000.
More information is at nutrienradiclechallenge.com.