It’s scouting the globe for tech startups and solutions that can take the country’s world-leading grains industry to new heights.
It recently announced the close of a $17.7 million funding round.
A recent roundtable involving several of the country’s ag thought leaders – now published as a white paper – explored how the country’s farming sector can help us get to net zero.
The corporates were attracted by Vence’s regenerative ag and sustainability credentials, according to CEO Frank Wootten.
It’s developing a range of services for the agrifood industries based around handheld spectrometers and AI.
Australia’s Jupiter Ionics says it has found a way to produce ammonia – a key fertilizer ingredient – on-demand, using only air, water, and renewable electricity.
An ADM spokesperson told AFN that it was “the first major food and ag company to have been invited to invest in FBN.”
Cutting-edge Australian plant biosecurity research has delivered a revolutionary non-toxic and long-acting alternative for controlling stored-grain insect pests.
The Melbourne-based startup has combined an easy-to-use handheld scanner with machine learning analytics to make non-destructive fruit testing and future quality predictions as easy as picking up cheap mangoes in summer.
The Australian startup inoculates crops with symbiotic microbial fungi that boost plants’ natural ability to sequester carbon in the soil they grow in.
The country will double-down on agtech innovations in areas such as soil carbon sequestration and livestock feed to achieve the target.
SHO safflower produced Down Under is “a quantum leap ahead for farming [that] benefits growers, industry, and consumers,” said GO Resources’ David Hudson.
GROW2Asia will help the eight Australian companies validate their market fit and co-develop an internationalization roadmap to establish their presence in Asia.
“You will probably see more strategic partnerships and acquisitions from Semios,” Michael Gilbert tells AFN.
Protein has become a bit of a battleground in Australia of late; but the economics suggest there’s plenty of room for all players – traditional and alternative.
Auckland-based Accuro is one among this new crop of startups, and it’s attracting worldwide attention with its innovative system for maturing wine and spirits.
Marine bioproducts derived from resources like algae could add $3 billion to the Australian economy by 2035 – while also building a more resilient food system.
Regrow was formed in February following the merger of Australian crop science company FluroSat and US soil health startup Dagan.
The Australian startup is producing whole-food meat analogs out of shiitake, with celebrity chef Heston Blumenthal creating a signature burger using the product.
The Australian plant-based protein startup may have secured funding from Chinese food and grocery delivery ‘super app’ Meituan.
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