FRENCH TECH RISE : Siva selected for the final

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La start-up SIVA Industrie (Innovative agricultural valuation solutions) was selected on October 12 by the Reunion jury of French Tech Rise to present its project to investment funds, next December 2 in Paris. French Tech Rise is a government initiative aimed at identifying nuggets in all regions of France and presenting them to the largest venture capital investment funds present in Paris. The ambition is to connect 20 start-ups from territorial ecosystems with national investment funds. The Reunion jury was made up of members of French Tech La Réunion, from Bpi France, d’Interinvest, of the Technopole, de Reuniwatt, Village by CA Réunion and Qualitropic. 15 applications were studied and 5 pre-selected. The project which will try its luck in Paris is led by Siva Grondein and Ophélie Pomeng. It consists of using a method of treating fruits with steam in order to make them exportable to mainland France and Europe.. Since 2019, the export of certain fruits likely to carry fly larvae is in fact prohibited in the absence of treatment. The technology developed by SIVA Industrie obtained final approval from Daaf in 2021. The start-up is aiming to raise funds of 3 million euros to finance a bioclimatic building which will house its activity.

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