Accelerator

BeanstalkAgTech is building a $10 million venture studio to back nearly 100 startups focused on drought resilience

- June 27, 2024 2 MIN READ

Food and agriculture advisory and venture firm Beanstalk AgTech has launched a venture program to support researchers and entrepreneurs build new agtech products and services for farmers. The $10 million project is working towards building the world’s first venture studio for drought resilience, supported by the federal government’s Future Drought Fund. Expressions of interest for … Read more »

Agrifutures female farmer
Funding

Victorian agtech startups score an extra $1 million

- June 8, 2024 < 1 MIN READ

The Victorian government is doubling the size of its early-stage agtech fund to $2 million. The extra $1 million for the Hugh Victor McKay Fund, run by LaunchVic, follows the initial $1 million commitment revealed last year.  The fund offers up to $200,000 to early-stage Victorian agtech startups, so the new funding doubles the potential… Read more »

Mangoes basket
Ag tech

Science will tell you how long your mango has to live – and now it’s a startup idea to commercialise

- May 31, 2024 < 1 MIN READ

An algorithm developed in a partnership between the Queensland and Victorian governments and Hort Innovation Australia has the ability predict the shelf life of mangoes and stone fruit. Queensland Department of Agriculture and Fisheries (DAF) has now offered the technology up for expressions of interest to develop it commercially. DAF and Agriculture Victoria in the… Read more »

Agrifutures female farmer
Ag tech

Victoria is offering $50,000 grants to agtech startups

- May 28, 2024 < 1 MIN READ

The Victorian government has put another $1 million on the table as part of a grants program for agtech startups. Agriculture minister Ros Spence said the AgTech Grants program, delivered by the government-backed startup agency LaunchVic, offers $50,000 to startups. The grant provides founders with dedicated mentoring from startup experts to build their businesses and seize… Read more »

AgriWebb
Funding

Farming stock management software startup plants $11 million raise

- May 10, 2024 2 MIN READ

Digital beef cattle management platform AgriWebb has raised US $US7.2 million (A$11m). The 10-year-old startup attracted listed Swedish climate solutions firm Munters Group as a new investor, with existing backers Germin8 Ventures, Grosvenor Food & AgTech, and Telus Ventures, the VC arm of the Canadian telecommunications giant, also part of the round. AgriWebb, founded in… Read more »

Andrew Pedley
Accelerator

Startmate Demo Day: Carbonaught is transforming farm fertilisers and carbon reduction using volcanic rock

- May 7, 2024 5 MIN READ

Startmate held Demo Day for its summer 2024 cohort at Blackbird’s Sunrise in Sydney last week and Startup Daily is profiling the 10 startups involved. Today it’s Carbonaught, which is using basalt rock as fertiliser for farmlands The global food system is broken, and the challenges on our horizon are even harder to swallow. In… Read more »

Dr Amrutha Vijayakumar and Dr Jacinta Bakker
Funding

Green ammonia agtech startup Jupiter Ionics plants $9 million raise

- March 5, 2024 2 MIN READ

A Victorian startup based at Monash University has raised $9 million to develop carbon-neutral “green” ammonia for the agriculture sector. Jupiter Ionics is the result of research by scientists at the university’s School of Chemistry, Prof Doug Macfarlane, and Assoc Prof Alexandr Simonov. The electrochemical technologies they’ve developed has resulted in modular ammonia production systems… Read more »

SparkLabs
Accelerator

Applications for the SparkLabs Cultiv8 cleantech accelerator are open

- January 9, 2024 2 MIN READ

Agri-food tech accelerator, SparkLabs Cultiv8 has opened applications for its sixth agri-food tech accelerator. The first cleantech program ran last year. SparkLabs Cultiv8 partner Malcolm Nutt said that with momentum for the sector was increasing rapidly, both in Australia and globally, they plan to focus once again on cleantech agri-food companies in 2024. The program… Read more »

farming greenhouse
Accelerator

Queensland has a new program for agtech startups tackling plant health

- September 22, 2023 < 1 MIN READ

A new agricultural innovation program for is setting up in Toowoomba, 125km west of Queensland, to support startups focused on enhancing plant health. The Agtech and Logistics Hub in Toowoomba is delivering the open innovation initiative in conjunction with industry body Meat & Livestock Australia (MLA). The OpenGround program will bring together scaleups and innovation… Read more »

Sensand founder Peter Moulton
Funding

Carbon startup Sensand raises $6 million to make carbon credits transparent for farmers

- July 7, 2023 2 MIN READ

A agtech startup tackling the security and transparency of carbon credits has raised $6 million to take the next big leap in Australia’s digital farming revolution Melbourne-based Sensand brings together agricultural land management, carbon project operations, and environmental markets on a single platform. The funding came in a single cheque from Robert Costa, chair of… Read more »