Investor · 1 deal
FMCG dairy company client of Appetise Insights
Every published round Fonterra took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Prota | Unnamed stage | 7 Feb 2022 | NZ$1m (A$930k) | Participant | Startup Daily (7 Feb 2022), Startup Daily (3 Feb 2022) |
Companies Fonterra has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Prota | 7 Feb 2022 | 1 | 0 |
Fund closes reported for Fonterra, as distinct from the investments it has made.
Companies Fonterra has backed that another company then bought. An exit for the holding, not a deal Fonterra did.
| Name | Role | Sources |
|---|---|---|
| Miles Hurrell | CEO | @AuManufacturing |
Stories naming Fonterra. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Australian fermentation-fat maker Nourish Ingredients is opening a Dutch base in Leiden for European operations, with its CTO relocating, as it nears initial sales of Tastilux and works with partners including CABIO and Fonterra.
Weekly roundup tallying three Australian raises: legal tech firm Plexus ($6m), cattle-probiotics startup Bovotica ($3.4m seed), and beauty group York St Brands ($2m Series C plus a $4m NAB credit line).
Roundup: Artrya's $5m placement, Traffic Technologies' $2.8m entitlement offer, Rhythm's R&D tax refund, Hydramech's grant, Orthocell hires, a Standards Australia board election, and Aristocrat's agreed Plarium sale.
Weekly roundup of four ANZ raises: Conflux Technology's $11 million Series B, BuildPass's $7.5 million seed, Projectworks's US$5 million Series A alongside a CEO change, and DNAiTECH's NZ$1 million round.
Also Startup Daily
Australia may adopt methane reduction targets, benefiting livestock feed additive startups. Sea Forest, a Tasmanian seaweed producer, previously received federal grants and counts major dairy and beef companies among its customers.
Feature profile of Sea Forest, a Tasmania-based asparagopsis seaweed venture, covering its lifetime backing, trial partnerships with dairy and wool players, government grants and its founder's push toward commercialisation.
New Zealand agritech Protag raised NZ$1 million, led by Sprout with Finistere Ventures, Fonterra and OurCrowd, for smart ear tags monitoring dairy cow health and behaviour.
Also Startup Daily