Artesian Venture Partners has partnered with the Grains Research and Development Corporation to launch GrainInnovate, a $50 million agtech fund.
Australia’s first national agtech innovation hub SproutX launches to transform agricultural industry
Australia’s first national agtech innovation hub SproutX has launched today to transform the country’s $60 billion agriculture industry. The innovation hub follows on from a recent StartupAUS report outlining how Australia’s agriculture sector, supported by agtech can develop into a $100 billion industry by 2030.
The Slingshot Venture Fund has been awarded unconditional Early–Stage Venture Capital Limited Partnership (ESVCLP) status by the Federal Government, which will see it exempt from the standard income and capital gains taxes for investors.
It was announced this morning that a new, exclusive strategic partnership between Artesian Venture Partners and KPMG Australia, will allow up to 1,000 high-growth startup founders to benefit from a new structure of support and capital to assist in scaling their ventures over the next five years.