Tag: australia

The Week in Agrifoodtech: String Bio raises $20m, SVG heads south with $50m agtech fund

July 22, 2022

Canadian indoor farming company Fieldless Farms raised Series A funding and MycoWorks debuted hats made from mushroom roots.

GRDC’s new Tekfarm program seeks global agtech solutions for Australia’s grains sector

May 11, 2022

It’s scouting the globe for tech startups and solutions that can take the country’s world-leading grains industry to new heights.

AgriDigital helps Aussie grain players collateralize their crop for working capital. Now it’s heading Stateside

May 10, 2022

It recently announced the close of a $17.7 million funding round.

Australia can still become a world leader in climate action

May 2, 2022

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.

EXCLUSIVE: Shell, Merck Animal Health back regenerative agtech Vence for carbon & traceability capabilities

March 16, 2022

The corporates were attracted by Vence’s regenerative ag and sustainability credentials, according to CEO Frank Wootten.

EXCLUSIVE: Hone brings on impact investor following $4.7m Series A for realtime soil carbon testing

February 22, 2022

It’s developing a range of services for the agrifood industries based around handheld spectrometers and AI.

Here’s why agrifoodtech VC Tenacious Ventures backed a green ammonia startup

December 6, 2021

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.

FBN’s $300m Series G with Fidelity, ADM brings ‘validation’ to oft-controversial company

November 18, 2021

An ADM spokesperson told AFN that it was “the first major food and ag company to have been invited to invest in FBN.”

Davren Global’s innovative insect control is just what the grain industry ordered

November 3, 2021

Cutting-edge Australian plant biosecurity research has delivered a revolutionary non-toxic and long-acting alternative for controlling stored-grain insect pests.

Rubens Technologies founder Daniel Pelliccia

Rubens Technologies is taking fruit quality testing to the next level

October 29, 2021

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.

Soil Carbon Co is now Loam Bio, raises $30m Series A funding

October 28, 2021

The Australian startup inoculates crops with symbiotic microbial fungi that boost plants’ natural ability to sequester carbon in the soil they grow in.

Australian agriculture. Galahs were not willing to give up the trough for the cattle during a drought

Australia unveils 2050 net-zero target with ‘technology not taxes’ approach

October 26, 2021

The country will double-down on agtech innovations in areas such as soil carbon sequestration and livestock feed to achieve the target.

The good oil: Australian innovation delivers game-changing alternatives to petroleum & palm

October 20, 2021

SHO safflower produced Down Under is “a quantum leap ahead for farming [that] benefits growers, industry, and consumers,” said GO Resources’ David Hudson.

GROW, Food Futures Co & Austrade select 8 agrifood innovators for new program

October 6, 2021

GROW2Asia will help the eight Australian companies validate their market fit and co-develop an internationalization roadmap to establish their presence in Asia.

Semios raises $100m to scale precision ag platform with more acquisitions likely

September 29, 2021

“You will probably see more strategic partnerships and acquisitions from Semios,” Michael Gilbert tells AFN.

Meat the future: Unpacking Australia’s protein potential

September 27, 2021

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.

The next generation of wine & spirits tech is ripe for investment

September 20, 2021

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.

Australia’s marine bioproducts industry is about to boom

September 10, 2021

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.

EXCLUSIVE: Cargill, Microsoft join $17m round for carbon verification platform Regrow

August 17, 2021

Regrow was formed in February following the merger of Australian crop science company FluroSat and US soil health startup Dagan.

Fable raises $4.8m from AgFunder, others for Heston-endorsed mushroom meat

August 12, 2021

The Australian startup is producing whole-food meat analogs out of shiitake, with celebrity chef Heston Blumenthal creating a signature burger using the product.