BoMill joins Terrra Food & Agtech Accelerator
28 September 2018, 19:05 CET
Selected to team up with multinational leaders including Nestle, GrainCorp and Tate & Lyle to fuel ground-breaking transformation in Food and Agriculture.
Malmö – September 25, 2018: TERRA, the leading Food and Agriculture Accelerator, has selected BoMill into its third cohort kicking off next week at the San Francisco – near the tech campus of program founder RocketSpace – one of the program’s founding partners. BoMill was selected as one of the 17 most innovative startups from across the globe to work alongside industry giants including founding partner Rabobank, as well as AgroFresh, Beta San Miguel, Graincorp, Griffith Foods, Grupo Azuca de Mexico, Nestle, OSI and Tate & Lyle. BoMill will be focused on quality sorting of durum wheat and malt barley by using their proprietary near-infrared technology transmittance (NIT) where every single kernel is sorted to its’ internal properties e.g. protein.
Founded in 2016, TERRA is a global innovation accelerator fuelling ground breaking transformation in Food & Agriculture in order to advance the well-being of our people and our planet. The program brings together experts, decision-makers, and innovators across the entire value chain – fostering connections that catapult major breakthroughs into scalable solutions by pairing emerging growth companies with established multinationals, in a pilot-driven engagement that leads to tangible results.
“We are very proud of being selected as one of the “most innovative startups in the field”, by TERRA Food & Agtech Accelerator. BoMill will prove the possibility to unlock the full potential and thereby capture the true value of the grain as well as contributing to a more sustainable grain industry. As long as you have quality variation there is a hidden value to be captured. We are very excited about being a part of this program and the impressive network within TERRA, says Karin Wehlin, Managing Director of BoMill.
The TERRA team reviewed hundreds of applications from emerging growth companies around the world, shortlisting 160 applicants for only 17 spots. Startups selected represent eight countries. Unlike other accelerators, TERRA does not require equity from selected start-ups. They must have a product in market/ready to launch and have raised a minimum of seed-funding, better positioning them for productive pilot partnerships with corporate collaborators. BoMill is an emerging technology company challenging the grain business.
For more information on TERRA, please visit www.terraaccelerator.com.
About
BoMill AB, based in Malmö Sweden, is a company with unique expertise in quality high-precision sorting of wheat, durum wheat, malt barley, spelt and oats based on individual sorting of each individual kernel. Each kernel´s chemical structure can be separated into different fractions based on protein, fusarium (fungal attack / DON), vitreousity (hardness), falling number and seed quality. BoMill sells sorting equipment (TriQ and IQ) and know-how throughout Europe and North America, using its own sales organization and distributors. For more information on BoMill, please visit www.bomill.com.
Media Inquiries/Contact Info
BoMill AB
Karin Wehlin
Managing Director
Tel. +46 (0)703 05 24 88
karin.wehlin@bomill.com
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BoMill signs follow-up agreement with Lantmännen worth EUR 475,000
28 June 2024
BoMill AB has signed a follow-up agreement worth EUR 475,000 with Swedish agriculture cooperative group Lantmännen. Following an initial project evaluating BoMill InSight™ during a rental period, Lantmännnen Lantbruk has decided to purchase the solution and increase the capacity with additional sorting units.
BoMill announces that the Rights Issue is registered and the last day of trading in BoMill's BTA is June 10, 2024
5 June 2024
THIS PRESS RELEASE IS NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, OR THE UNITED STATES OF AMERICA, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER ACTIONS. PLEASE REFER TO THE SECTION “IMPORTANT INFORMATION” BELOW.
BoMill AB (the "Company" or "BoMill") announces that the rights issue of new shares with preferential rights for the shareholders was resolved by the ordinary general meeting April 12, 2024 and whose outcome was announced by the Company through a press release on May 15, 2024 (the "Rights Issue"), is now registered with the Swedish Companies Registration Office and the paid subscribed shares ("BTA") will therefore be replaced with ordinary shares.
BoMill announces outcome of the wholly guaranteed Rights Issue
15 May 2024
THIS PRESS RELEASE IS NOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO AUSTRALIA, BELARUS, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, SOUTH AFRICA, SOUTH KOREA, SWITZERLAND, OR THE UNITED STATES OF AMERICA, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR WOULD REQUIRE REGISTRATION OR OTHER ACTIONS. PLEASE REFER TO THE SECTION "IMPORTANT INFORMATION" BELOW.
BoMill AB (the "Company" or "BoMill") announces hereby the outcome of the wholly guaranteed rights issue of shares with a subscription period ended on May 14, 2024 (the "Rights Issue").
The outcome of the Rights Issue shows that 26 962 308 shares were subscribed for with the support of subscription rights, corresponding to approximately 96.6 percent of the Rights Issue; and 8 289 101 shares were subscribed for without the support of subscription rights, corresponding to approximately 29.7 percent of the Rights Issue. In total, 35 251 409 shares were subscribed for with and without the support of subscription rights with an issue amount of SEK 21 150 845.40, corresponding to approximately 126.3 percent of the Rights Issue. Thus, the Rights Issue was oversubscribed, and no guarantee undertaking will be utilized. BoMill will receive a total issue amount of approximately SEK 16.8 million before transaction costs through the Rights Issue.