Opportunity for
- Carbon farming agtech platforms open to partnership opportunities.
- Investors^ and strategic partners interested in developing and commercialising soil carbon quantification technologies.
^This investment opportunity is only for professional and sophisticated investors.
Opportunity description
Industry challenge:
The current method for quantifying soil carbon requires drilling of soil cores and analysis of these cores for carbon content at a certified laboratory. This method is high cost ($30+ per hectare), is subject to high spatial variability issues across the landscape and can only be conducted once every 3-5 years. Agrimix is overcoming these limitations by using eddy covariance flux towers which measure carbon dioxide (and other photosynthetic values) changes in the landscape 20 times per second, 24/7. Combining this real-time data with the world’s leading soil carbon model for grasslands enables a calibrated and validated digital twin to be created for landscapes. This approach dramatically lowers cost, reduces spatial variability and provides a quantification of soil carbon change in real-time as opposed to once every few years.
Current opportunity:
This research has been underway for over 3 years across numerous sites focussed on those landscapes that have the highest potential for improving soil carbon content, specifically the grazing pastures in the high beef producing areas of Queensland and northern NSW. Agrimix has a funded development plan in place that will see 9 demonstration sites utilising this technology in progress by late 2023 and a minimum viable product completed by early 2025 ready for scale up and commercial rollout. Approximately $8m will have been spent on research, development and demonstration of this technology by its targeted minimum viable product delivery date of early 2025.
Agrimix is interested in talking with potential technical partners to help broaden the agricultural carbon or natural capital measurement offerings by incorporating our competitively advantaged soil carbon quantification service into their suite, and/or potential financing and investment partners to help scale-up our commercial product and service offering.
To find out more about the opportunity and to speak to the team ‘Enquire now’.
Opportunity background:
Agrimix is the first company in Australia to commission a large-scale scientific research study into agricultural applications for eddy covariance flux tower technology in collaboration with Australia’s leading soil GHG institution, the Queensland University of Technology, and its internationally recognised leaders Professors Peter Grace and David Rowlings. Agrimix has received support for this study from major industry players including Meat & Livestock, the Australian Government and leading beef producers.
For further details about progress to date see an article by QUT here. Please also see our website info here. We were also featured on Landline here.
Potential other applications:
This soil carbon toolkit could be used to measure soil carbon sequestration in industries other than the red meat industry (For example, in the dairy industry).
^The investment opportunities listed on this website are for professional and sophisticated investors only. You should make your own inquiries and undertake your own due diligence before making any financial decision or investment.
Opportunity type
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