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Research. Innovation. Technology.

Highlights from Australian agrifood innovation.

Opportunity

Tenacious Ventures raising $70 million fund for global agrifood innovation

Buoyed by the success of their first fund, champions of Australian agrifood innovation, Tenacious Ventures, are taking their proven high conviction, high support investment model to the world – with a $70 million fund that opens the door to co-investors and founders beyond Australia who share the company’s passion for delivering climate impact through agricultural innovation.  

Commercial opportunity

Tender called for livestock export app

LIVEXCollect is the system used by the livestock export industry to meet regulatory reporting requirements such as animal welfare, health treatments and environmental conditions during sea voyages. LiveCorp is seeking Australian-based solutions providers to help develop an app to improve the efficiency of data collection and allow near real-time monitoring and analysis on board livestock export ships.

Commercial opportunity

The weed-mapping drone that goes the extra mile, slashing chemical use and saving money

When mechanical and aerospace engineer Ben Single searched fruitlessly for a weed detection technology that suited his family’s broadacre farming business, he took on the challenge and developed Single Shot – a drone that can map up to 1,500 hectares a day and deliver a selective spraying solution for weeds that cuts chemical use and reduces environmental impact. Now he’s seeking investors to assist in manufacturing and distribution.  

Commercial opportunity

WaterCan Profit calculator set to optimise cropping, ready for commercialisation

An integrated online agritech tool, WaterCan Profit is helping Australian grain growers navigate the road to maximum profitability by answering the “what ifs” using economic and climactic factors to calculate the most successful on-farm outcome. The Tasmanian Institute of Agriculture and Grains Research and Development Corporation are now seeking partners to help host and commercialise this analysis platform. Expressions of Interest close Friday, 16 September 2022. 

Podcast

How to feed 10 billion people by 2050 with Phil Morle

Did you know there’s a 56% gap between the amount of food we make today and what we're going to need globally by 2050? Main Sequence Ventures Partner, Phil Morle is on the hunt for innovators with ground-breaking ideas to help solve the 'Feed 10 billion People' challenge.

Harnessing collaboration to deliver impact on-farm for Australia’s cotton industry

Leading Australian venture capitalist Matthew Pryor of Tenacious Ventures shares his insights and experience with growers and advisors at the Australian Cotton Conference this week. He believes the industry’s climate-adaptive technologies can attract global collaboration and multi-million-dollar investment. And now is the time for cotton growers to engage with consumers in the digital realm like never before – to drive opportunity and ensure rightful representation.

Investment opportunity

Innovative vanilla dome ready for investors to scale Australian production

An Australian IT entrepreneur has created a turnkey greenhouse solution that makes commercial vanilla production a reality outside of the tropics. Now, Australian Vanilla Plantations is seeking investors to scale production of its innovative proprietary geodesic Vanilla Dome, and grow Australia’s share of the lucrative vanilla market. Expressions of Interest close Friday, 30 September 2022.

Investment opportunity

New weather app to add four dimensions to forecasting

Well-known TV weather presenter and meteorologist Jane Bunn found most apps use only one weather model for forecasting, meaning if that model was “having a bad day” so could you or your business. Jane’s Weather places four models in one app to counter this problem, and with the help of AgriFutures growAG. is now seeking up to $750,000 equity investment from angel, corporate and institutional investors.

Investment opportunity

Western Australian food waste startup seeks investment for $2m bridging round

Specialising in nutrient extraction technology to convert food waste into useable ingredients, has paid off for Whole Green Foods. The Western Australian startup is now raising a $2 million bridging round and seeking investment partners with interest in food tech, nutrition, waste reduction, including farmers with access to horticulture waste streams. Expressions of Interest close 31 August 2022.

Farms of the Future participant, Optiweigh in-paddock walk-over weighing solution.
Commercial opportunity

Suppliers wanted to drive agtech adoption on NSW farms

The NSW Department of Primary Industries is seeking suppliers for its Farms of the Future Agtech Catalogue, which will connect providers of IoT devices and connectivity solutions with farmers looking to adopt new digital solutions. Expressions of Interest close Friday, 12 August 2022.

  • Led by
    NSW Department of Primary Industries
Investment opportunity

Agritech leader, DataFarming launches Series A $5m cap raise

Big data has been spoken about as the next big thing in precision agriculture for years, but uptake has often been limited. DataFarming’s Tim Neale believes enough people and investment are now coming to the sector to turn that around. And with the launch of DataFarming’s Series A $5million capital raise, the future is looking bright.