Agriculture

Venture capital investment in agriculture and food technology fell significantly last year, according to investment data analysis by a global VC firm released this week. But Australia bucked the trend, recording a US$90 million increase in funding in 2019. Globally, investment in foodtech and agtech startups reached US$19.8 billion across

New policy settings and infrastructure upgrades are required for Australia’s agriculture technology sector to mature, according to the National Farmers Federation, which has asked the federal government to adopt a “leadership role” in digital agriculture. Currently, adoption of new agriculture technologies is challenged, the group says, by poor national networks,

Agtech success doesn’t come easy. Despite a diverse farming environment, world class research and some of the globe’s most innovative farmers, Australian agtech organisations have typically struggled to capitalise on their ecosystem. One notable exception is Agerris, a company that develops machine learning powered autonomous farming robots. Over a decade

agri tech agriculture technology farming grains

VC firm Artesian Venture Partners and the Grains Research and Development Corporation (GRDC) have eached chipped in $25 million to create a new $50 million venture capital fund. The agtech fund, named GrainInnovate, will support and resource start-ups which show the potential and commitment to deliver transformational impact to Australia’s

agriculture

The CSIRO and ASX-listed agribusiness, Ruralco, have announced a partnership that will see the latest digital technology, including drones and long-range sensing, applied to Australian agriculture. Through a series of projects to be rolled out in coming months, the two organisations will develop data-driven solutions for more efficient and sustainable

SproutX Co-working Space

Australian agtech innovation hub SproutX and fintech hub Stone & Chalk have teamed up to bring fintech into the world of agriculture. Dubbed ‘Agri-Fintech’, the new program will explore how fintech innovation can assist in solving major issues in the global agricultural sector. With 40 per cent of the world’s