Telstra has backed a remote monitoring technology startup in a $2.7 million raise. The telco chipped in $1 million with Macdoch Ventures, Follow the Seed and three Farmbot Monitoring Solutions customers also funding the round. Farmbot is already looking towards a series B round in early 2022. The company is looking to expand into the US… Read more »
A $90 million plant to produce methane-reducing cattle feed using seaweed is being built in South Australia
Construction of the first processing plant to use a seaweed-based feed supplement for cows to reduce their methane production by 90% will begin near Port Pirie towards the end of this year. The $90 million advanced processing facility will be built by Pirie Meats, with CH4 Global, Organic Technology Holdings and Siemens Australia signed up… Read more »
Australian and New Zealand startups have until Friday to enter the Bridge Hub 2020 Water Challenge aims to solve water problems across the agri-supply chain. A prize pool of $250,000 in cash and investment is up for grabs in the competition, with entries closing on August 28. Craig Shapiro, co-founder of Bridge Hub, said big… Read more »
The Asia Pacific’s largest agrifood tech event, evokeAG, is coming to Melbourne next February and lifting its startups game with four agrifood tech startups being given the chance to will pitch directly to an invitation-only investor dinner, alongside room for 40 startups to showcase their wares. evokeAG, 18-19 February, 2020, at Melbourne’s Royal Exhibition… Read more »
Artesian Venture Partners has partnered with the Grains Research and Development Corporation to launch GrainInnovate, a $50 million agtech fund.
Schultz will work with cofounders Andrew Grant and Remo Carbone to develop and commercialise technology for the food, wine, and agriculture industries.
Agtech startup Ceres Tag has successfully trialled its so-called ‘FitBit for cows’ at the CSIRO’s Lansdown Research Station in Queensland.
Bridge Hub, an agrifood tech innovation hub launched in Wagga Wagga by Blue River Group, has received a $500,000 grant from the government’s Incubator Support Initiative.
Adelaide agtech startup MEQ Probe has received $500,000 in funding from industry to run a commercial trial of its technology, which looks to measure the eating quality of meat.
Wagga Wagga is set to boost its agtech chops further, with impact investment services firm Blue River Group launching Bridge Hub, an innovation hub to test and commercialise new ideas in the agrifood sector.
Almost $850 million (US$630 million) of venture capital was invested in Australian startups in the 2017-18 financial year, a new record for the local ecosystem.
Byron Bay agtech Munch Crunch Organics is building a sustainable model to meet demand for fresh produce
The vision for Munch Crunch Organics is not to compete with the big retailers but to provide a sustainable and affordable model to meet demand for produce.
Australian agtech startup OneCrop was this week named the winner of the first prize at the Future Food Asia Awards, taking home US$100,000 in prize money.
With almost two years in Melbourne under its belt, agtech-focused innovation hub SproutX has partnered with Mildura Regional Development (MRD) to open a coworking space at Mildura hub The Mill.
Rocket Seeder will guide those working on ideas around personalised nutrition, snacking on the go, healthy ageing, and sustainable consumption & packaging.