Co-founder and MD, Farmbot Monitoring Solutions
| Role | Organisation | Sources |
|---|---|---|
| Managing Director · Founder | Farmbot | SmartCompany (11 Jun 2024), SmartCompany (8 Dec 2022), Beef Central / Grain Central, Startup Daily |
| Co-founder and MD | Farmbot Monitoring Solutions | Startup Daily (11 Jun 2024), Startup Daily (8 Dec 2022) |
Stories naming Andrew Coppin. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Eight Australian and New Zealand startups secured a combined $67.4 million in funding across various sectors including agtech, medtech, robotics, and fintech.
Weekly roundup detailing new funding for eight local startups: home lending, document verification, farm water monitoring, alcoholic drinks, freight software, leaf protein, artist content sales and organic bedding, totalling over $36 million.
Farm water monitoring firm Farmbot raised A$4.6 million, topping its initial $3 million goal, with Telstra and Macdoch Ventures among returning backers as it pushes US growth through subsidiary Ranchbot.
Farmbot has closed a bridge round to bankroll its push into the United States, with prior backers and fresh investors taking part, following raises in 2021 and 2022.
Agtech firm Farmbot is wrapping up a $5 million Series A+ round led by Telstra, which contributed $2 million, to fund local growth and a US launch under the Ranchbot name.
Also SmartCompany·SmartCompany
Telstra has put another $2 million into water-monitoring agtech Farmbot, its third backing of the business, to support growth and an upcoming United States launch.
Telstra has put another $2 million into water-monitoring agtech Farmbot, its third and largest backing of the company, days after leading a $12 million round in farm communications startup Zenifi.
Also Startup Daily
EnergyLab has picked ten Australian climate startups for its 2022 Climate Solutions Accelerator, a six-month program, with the group sharing $750,000 from angel investors.