Iowa start-up company ReEnvision Ag has been awarded a $100,000 prize as the winner of the 2023 InnoVenture Challenge, a contest developed by the state’s first publicly funded venture capital fund dedicated to supporting and investing in Iowa business initiatives.

Jayson Ryner of Nora Springs, ReEnvision Ag founder and chief executive officer, said the winnings will be utilized to build a final model of his dibble-style planting system, developed as an alternative to current planters that utilize double-disc openers to create a seed trench.

The planter pokes a hole in the ...