Atlassian’s Mike Cannon-Brookes and his wife Annie are backing a new $30 million venture fund to make agriculture more energy efficient and reduce carbon emissions. The Tenacious Ventures fund will invest in early-stage startups focused on the agricultural supply chain. The Cannon-Brookes family are backing the fund via their private investment vehicle, Grok Ventures, with… Read more »
An Australian rural startup has devised a planting technique for farmers that can potentially boost crop yields by up to 10% simply by measuring the amount of moisture in the soil when they’re planted. And with water and the ongoing drought playing a critical role in the viability of local farms, the agtech solution by Orange-based… Read more »
A new entrepreneurship program that helps turn farmers into startup founders is currently underway across Australia and now accepting applications for the 2020 program. Farmers2Founders (F2F), was co-founded by Sarah Nolet (AgThentic) and Dr Christine Pitt (Food Futures Company) is an 8-week incubator program that helps producers answer two questions: is their idea worth pursuing;… Read more »
Agronomic analytics company FluroSat has raised $4.6 million to extend the venture’s global reach as farmers get tech savvy about growing crops more efficiently. The funds landed less than a year after the launch of FluroSat’s agtech platform FluroSense, which combines ag modelling and AI in an analytics engine that helps agronomists and farmers… Read more »
SparkLabs Cultiv8, the New South Wales startup accelerator for food and agtech, will hold its annual Demoday in Sydney on Tuesday, September 10. The event which brings together the brightest entrepreneurs, investors, corporate executives, media and government leaders, while at the same time sector experts will share their insights and global tech trends. It’s also… Read more »
The Elite Robotics team: systems engineer Nathan Bartlett, industrial designer Luke De Bono and CEO Sahil Harriram. Photo: supplied The Hunter Valley, two hours north of Sydney, is best know for wine, horse breeding and coal mining. But it also has a burgeoning startup scene, with more than 50 startups backed up by more than… Read more »
MRT’s Paul Mullins, David Finlay and Gordon Howard with their invention, which helps reduce tractor horsepower in broadacre farming. Australia’s CSIRO invented wifi and now a local startup is using it keep farmers in touch when they’re out in the paddocks as part of the latest cohort in agtech accelerator SparkLabs Cultiv8. Seven startups have… 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.
There is significant growth forecasted for Australian agriculture, particularly if the sector takes advantage of the opportunities provided by technology.
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.
AgriWebb, which has created a farm and livestock management solution, has secured a $14 million investment from UK outfit Wheatsheaf Group for a minority stake in the business.
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