May 29, 2024

Druid Agriculture Inc. Wins Regional NCBiotech Venture Challenge!

We are thrilled to announce that LaunchCLT venture, Druid Agriculture Inc., has emerged as the winner of the Greater Charlotte Region in the North Carolina Biotechnology Center’s 2024 Venture Challenge!

Druid Agriculture’s groundbreaking Druid SERRA System, an AI-enabled camera system designed to allow farmers to monitor their crops from anywhere, has been recognized for its potential to revolutionize agricultural practices. The system can detect changes in plant health and alert farmers when their crops need attention, providing a hassle-free and cost-effective solution to maximize crop yields.

As a regional winner, Druid Agriculture Inc. receives $20,000 in non-dilutive funding, partnerships with local incubators and accelerators, and regional promotion. They will now compete at the statewide Venture Pitch Showcase for a chance to win additional awards totaling $100,000.

Corie Curtis, executive director of the Greater Charlotte Office, emphasized the significance of this achievement: “Our NCBiotech Venture Challenge is an important vehicle to support our local entrepreneurs. The region is on the cusp of significant growth for innovative life science technologies, and our top venture in the 2024 challenge, Druid Agriculture, has developed a compelling AI-enabled monitoring system to assist farmers in nurturing their crops.”

We congratulate Druid Agriculture Inc. on their success and look forward to their continued progress and impact in the agricultural sector! Stay tuned for more updates as they prepare for the statewide finals at the Triad BioNight on June 27.

Read the full announcement here.