Tag: australia

Why we invested in SIMULATE

July 30, 2020

Mail order, frozen, plant-based chicken nuggets… Before we met Ben Pasternak, the founder of SIMULATE (formerly NUGGS), this would have sounded like the worst idea ever.

Farmers Business Network expands to Australia with Farmsave acquisition

July 21, 2020

In Farmsave, FBN “saw a company that was deeply aligned with the same values [that] understands the role tech is going to play in the future of ag,” co-founder Charles Baron told AFN.

Australia’s indoor ag sector has been slow off the mark. Here’s how to give it the kickstart it needs

July 20, 2020

Australia is technologically advanced, highly urbanized, and has farmers aplenty – but its urban ag industry is practically non-existent. Sydney startup Blakthumb finds out why.

Tenacious co-leads Goterra’s $6m Series A to launch Australia’s first agrifoodtech VC

July 2, 2020

Goterra is an on-site food waste management technology and service that disposes of waste via modular insect farms.

Using microfungi and melanin, this soil carbon startup just raised $6.9m in a round led by Li Ka-shing’s VC

June 24, 2020

Early Twitter and Uber backer Chris Sacca’s firm also invested in Australia’s Soil Carbon Co, which is developing a microbe-mediated method to sequester carbon.

Australian insurance giant IAG invests in CSIRO-backed ag and climate platform

May 28, 2020

Melbourne-based DAS is partnering with IAG to speed up risk assessment for rural insurance customers and provide them with ag, climate, and real estate insights.

China’s meat import bans – let’s put them into context

May 27, 2020

According to the headlines, a new challenge has risen for our agriculture industry, with China suspending Australian beef exports as trade barriers escalate. However, these bans need to be placed into context.

The Yield bags $7.13m from Yamaha, others in ongoing round; Bosch converts notes

May 11, 2020

The Yield – an AgFunder portfolio company – is “poised to be The Climate Corp of horticulture,” said Yamaha Motor Ventures’ Nolan Paul.

Fresh produce - tomatoes, onions, squashes

Q&A: How is Covid-19 impacting fresh produce businesses globally?

May 8, 2020

In this roundtable, execs from Waycool, Future Group, and RipePlanet give a detailed picture of Covid-19’s impact on the fresh produce sector.

How should agtech startups approach exits? 5 tips from AgTech:Acquired webinar

May 6, 2020

Find out where and when exits will come, how startups can get acquisition-ready, and how the landscape is changing with Covid-19.

As restaurants see big layoffs, farming and fast food seek quick hires

March 24, 2020

A number of restaurant brands pivoting to 100% delivery models are hiring thousands of workers while a Scottish strawberry farm is offering on-farm employment.

Sensoterra joins network provider to take its soil moisture probes to the world’s most parched farms

March 22, 2020

Starting with its native Australia, NNNCo will roll out the moisture sensing tech across the Asia-Pacific region.

Humanitarian Tech: AgriWebb launches Helping Hands Project for victims of Australian fires

January 17, 2020

The program links farmers who want to help with farmers who need labor, equipment, or a place to keep livestock as well as providing a tool for calculating losses for insurance claims.

Australia joins agri-foodtech VC party with Tenacious Ventures’ $16m raise

November 21, 2019

AFN caught up with Nolet ahead of her speech at Southstart to find out more about the raise, and what to expect from a fledgling Tenacious.

UPDATE: CNH Industrial acquires AgDNA to ‘enable 20% productivity gains throughout crop cycle’

September 5, 2019

The deal comes after the companies formed a partnership to give Cash IH farm equipment owners access to AgDNA’s AI platform in September 2018.

How to pitch like a pro

September 3, 2019

Applications for the evokeAG 2020 Startup Program in Australia are open and the team has called on three of Australia’s leading innovators and champions for entrepreneurship to discuss what makes a stellar pitch.

EXCLUSIVE: AgTalent, the “LinkedIn for regenerative ag,” clinches seed funding

August 15, 2019

AgTalent, a digital marketplace for training, recruitment and expert services in the sustainable and regenerative agriculture sector, raised A$150,000from ASX-listed Wide Open Agriculture.

FluroSat Scores $3.2m Seed Funding Co-Led by Microsoft’s M12

July 22, 2019

Focused on cotton and grain production, FluroSat’s flagship product FluroSense uses hyperspectral imaging to predict disease and support better crop health decision making. Agronomic data

How to Overcome the Many Challenges Associated with Agricultural Data

February 14, 2019

Flurosense, Agworld, PCT Agcloud, CSIRO, and AgLink Australia recently won a grant to build an interoperable agronomic analytics engine to resolve many of the inherent challenges surrounding agricultural data. Anastasia Volkova tells us more.

Provenir is Bringing Butchering to the Farm and Improving Meat Traceability

October 29, 2018

For Provenir CEO and farmer Chris Balazs, bringing an Uber-like service for meat processing to the Australian beef industry would solve many different pain points