Funding

Investible plants $500,000 in pre-Series A for Queensland agtech startup DataFarming

- November 7, 2022 2 MIN READ

Queensland agtech startup DataFarming has raised $500,000 in a pre-Series A round led by Sydney VC Investible. Cofounded in 2017 by serial entrepreneurs Tim and Peta Neale, DataFarming help unlock the value of farm data for agronomists and farmers. The business services more than 120,000 paddocks across 28,000 farming enterprises – 40% market penetration in… Read more »

Funding

Agtech startup Lleaf raises $3.5 million to grow better plants

- September 13, 2022 2 MIN READ

Sydney agtech startup Lleaf has raised $3.5 million in a bridging round for its light-emitting plastics for indoor agriculture. The round was led by Danish investment firms ALFA Ventures and 2 Degrees, with additional support from The University of New South Wales and deep tech hub Cicada Innovations, where Lleaf is based. 2 Degrees is the climate-focused… Read more »

Funding

Farmbot startup LYRO Robotics raises $1.5m pre-Series A to solve labour shortages

- August 1, 2022 2 MIN READ

Queensland startup LYRO Robotics has raised $1.5 million in a pre-Series A to help local farmers get their produce to market. The round was backed by several international and domestic investors, including Artesian/Boab AI and AgFunder joining original investor, Japan’s Toyo Kanetsu. LYRO has built the world’s first autonomous robot, which can pick up delicate fresh… Read more »

Ag Tech

US agritech investor SVG lands in Australia with $50 million war chest for ANZ startups

- July 19, 2022 2 MIN READ

Silicon Valley agrifood innovation investor SVG is setting up shop in Melbourne with a $50 million fund to back local agtech startups. SVG will launch its $50 million THRIVE Australia Venture Fund to invest in Australia and New Zealand agtech startups. Victorian economic development minister Tim Pallas visited California on the weekend to meet with SVG… Read more »

Ag Tech

Agtech startup GoMicro has built a $1 microscope to solve a $1 trillion food waste problem

- July 13, 2022 2 MIN READ

South Australian agtech startup GoMicro is hoping to tackle the $1 trillion problem with an app-based device that costs just $1 to produce and attaches to a smartphone. GoMicro CEO and founder Dr Sivam Krish has developed GoMicro’s Spotcheck App and a phone attachable magnifier designed for accurately assessing the level of ripeness or spoilage… Read more »

Anastasia Volkova
Funding

Agriculture carbon reduction startup Regrow Ag plants $50 million Series B

- May 24, 2022 2 MIN READ

US-based Australia agtech startup Regrow Ag has raised $50 million (US$38m) from leading American investors to help the farming sector meet net-zero targets. The round is led by Tom Steyer and Katie Hall’s Galvanize Climate Solutions. Existing investors including Cargill, Main Sequence Ventures, Ajax Strategies, Neglected Climate Opportunities (NCO), Microsoft’s M12 and others returned, joined… Read more »

farming
Other tech

Deep tech incubator Cicada Innovations is on the hunt for ideas to make grain growing more sustainable

- November 22, 2021 2 MIN READ

Cicada Innovations is launching a grain agtech challenge to uncover innovative deep tech solutions that will help to drive sustainability and improve profitability in the grain growing industry. The GrowLab Grains Challenge, a collaboration with the Grains Research & Development Corporation (GRDC), is now seeking applications from entrepreneurs, grain growers, and researchers. Successful applicants will take part in… Read more »

Anastasia Volkova
Funding

Carbon software agtech Regrow raises $23.5 million series A

- August 18, 2021 2 MIN READ

Agtech startup Regrow has raised US$17 million (A$23.5m) in a series A for its carbon measurement software for the agri-food supply chain sector. The raise was led by new US climate change focused VC Ajax Strategies, Tenacious Ventures and Cargill. Existing investors include Microsoft’s venture fund M12, the Jeremey and Hannelore Grantham Environmental Trust’s Neglected… Read more »

Drone, farm, agriculture, agtech
Funding

Agtech VC Tenacious Ventures has a $35 million fund

- June 6, 2021 2 MIN READ

Tenacious Ventures, a specialist agrifood tech venture capital firm, has build a $35 million fund to invest in early-stage startups with a focus on climate change resilience. The Tenacious Ventures Fund I achieved its first close in March 2020 at just over $20 million, backed by $8 million from the Australian Government Clean Energy Finance… Read more »

Startup Daily TV

Startup Daily TV: Rabobank’s agtech accelerator, FoodBytes, is looking for startups to launch globally

- May 7, 2021 2 MIN READ

Innovative Australian food and agri startups have the chance to showcase their businesses on the world stage through the international FoodBytes! Pitch program, which is currently open for applications.  FoodBytes! is global agribusiness bank Rabobank’s food and agriculture innovation platform – designed to drive collaboration between startups, corporate leaders, investors and farmers as part of… Read more »