Gold Coast Startup AgUnity wins the first round of the 2020 Dubai Expo Live Innovation Impact

by
AgUnity

GOLD COAST, 13-June-2019 — Australian based AgTech startup AgUnity Pty Ltd, is a digital platform that creates a secure and transparent transaction framework for the 500 million poor farmers in developing countries and the organisations that interact with them.AgUnity has created a dedicated smartphone device and operating system, which offers farmers access to the services they need and a platform for organisations to supply those services.

Recently won the first round of the Dubai Expo Live Innovation Impact Grant Programme. This competition aims to find innovative solutions that embrace the spirit of Expo 2020 Dubai overall theme: ‘Connecting Minds, Creating the Future’. With more events to come, AgUnity Pty Ltd aspires with enthusiasm and dynamism toward a vision of lifting 1-billion farmers out of poverty via technology. AgUnity Pty Ltd team is currently running and preparing several pilot projects in Ethiopia and Papua New Guinea.

“AgUnity Pty Ltd is pleased that Dubai Expo Live Innovation Impact Grant Program has selected AgUnity Pty Ltd as the winner of the first round of the competition. We are excited and confident about the next round of the event as we are focused on the next major steps of our development with more pilot projects to come. Our priority remains the development of technologies that scale social impacts for small farmers/fisherfolk.” said David Davies, Founder, and chief executive officer of AgUnity Pty Ltd.  


The competition regroups close to 7000 participants from more than 40 nationalities, with the requirement of having already reached the prototype level. Eligible participants must meet specific criteria such as relevance to the theme, innovation, target beneficiaries, scalability, and business opportunities. AgUnity was able to win the first (out of 4 rounds) round of the competition, rewarding the team reliable track records alongside successful pilot projects, notably the “Bougainville” project in Papua New Guinea impacting 1000 farmers. AgUnity team with the assistance of local strategic partners was able to leverage AgUnity blockchain immutable technology via mobile application solution, allowing farmers and fisherfolk to work and cooperate with trust. The outcome of the pilot project: Farmers triple their average income by increasing crop yield and controlled sales prices.  


AgUnity vision and challenges are clear; there is still a long way to go before Agenda 2030 and achieving the global goals for sustainable development (SDG). Beyond this grant funding, AgUnity is seeking more networking opportunities, marketing and communications exposure from Expo 2020 Dubai, serving the company committed to forging new partnerships with local and international organisations sharing SDG values.  

The successful outcome of AgUnity with the expo 2020 Dubai highlights an important milestone for the Australian company as a significant player in the social impact industry.

AgUnity Pty. Ltd. is conducting Crowd-Sourced Funding (CSF) via Equitise. (https://www.agunity.com/invest). This document is not intended to, and does not, constitute an offer or invitation of securities in any place outside Australia where it would not be lawful to make such an offer or invitation. It is the responsibility of the Investor to ensure compliance with all laws of any country outside Australia relevant to any investment in the  Company. The distribution of this document outside Australia may be restricted by law and any person who comes into possession of this document outside Australia should seek advice on and observe any such restrictions. The failure to comply with such restrictions may constitute a violation of securities law in those jurisdictions.

Like any investment, Crowd-Sourced Funding (CSF) is risky. Investors may lose their money and the business may not achieve its objectives. You should consider the CSF offer document and the general CSF risk warning (https://equitise.com/warning-statement-au) contained in the offer document in deciding whether to apply under the offer.  


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