News
Innovation rewarded at field days
Loam Bio's FurrowMate biological applicator has won the 2025 Henty Machine of the Year Award at the field days, with PhiBer's DASH spraying system highly commended.
Startup · $155m raised
Loam Bio
Agtech company developing microbial soil-carbon technology and farmer carbon projects
Orange, NSW
Funding history
-
Series B : $105,000,000
-
Series A : $40,000,000
-
Seed : $10,000,000
Investors
Every investor coverage indicates participated in a round Loam Bio raised.
| Investor | Rounds | Invested |
|---|---|---|
| Lower Carbon Capital | Series B | - |
| Mike Cannon-Brookes | Series B | - |
| Wollemi Capital | Series B | - |
| Marc Benioff | Series A | - |
| Thistledown Capital | Series A | - |
| TIME Ventures | Series A | - |
| Virescent Ventures | Series A | $5,800,000 |
| Horizon Ventures | Seed | - |
| Acre Venture Partners | Series B · Series A | - |
| Clean Energy Finance Corporation | Series B · Series A | - |
| Lowercarbon Capital | Series B · Series A | - |
| Main Sequence Ventures | Series B · Series A | - |
| Grok Ventures | Series B · Series A · Seed | - |
| Horizons Ventures | Series B · Series A · Seed | - |
On a portfolio page
Investors whose own portfolio pages list Loam Bio, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Artesian VC | its portfolio page ↗ |
| Artesian VC | its portfolio page ↗ |
What Loam Bio bought
Companies Loam Bio acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
People
| Name | Role | Sources |
|---|---|---|
| Andrew Godwin | Engineering Manager | dairynewsaustralia.com.au |
| Frank Oly | Founder | Forbes Australia, SmartCompany |
| Guy Hudson | Co-founder and CEO (former) | Main Sequence, @AuManufacturing, Virescent Ventures, AgFunderNews (13 Feb 2023), Forbes Australia, SmartCompany, Virescent Ventures portfolio, AgFunderNews (28 Oct 2021) |
| Tegan Nock | Chief Operating Officer · Founder | SmartCompany (22 Dec 2023), SmartCompany (3 Nov 2023), Main Sequence, AgFunderNews, Forbes Australia, SmartCompany (29 Oct 2021) |
Coverage
Stories naming Loam Bio. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
19 deals
Data snapshot: From ‘lightning in a box’ to microbial carbon capture, agrifoodtech investment moves upstream in Australia as investors focus on climate mitigation
A data review of 2023's ten largest Australian agrifoodtech raises, topped by Loam Bio's US$73.2 million Series B, showing funding down 33% as capital concentrated in upstream climate-mitigation startups.
News
Looking toward the future of Australian AgTech
Investible reflects on five takeaways from the evokeAG 2024 conference in Perth, covering tighter capital, carbon credit debates, regenerative farming, and AI's growing role in agriculture.
Funding announcement
Mike Cannon-Brookes names former Macquarie banker Tan Kueh as Grok's CEO
Mike Cannon-Brookes' investment vehicle Grok Ventures has hired Tan Kueh, ex-Macquarie, UBS and BlackRock, as CEO, joining CIO Jeremy Kwong-Law, as it sharpens its strategy around climate investing.
20 deals
The top 20 agtech deals of 2023
A year-end countdown of 2023's twenty largest agtech funding rounds, from biofuels and carbon marketplaces to farm robotics, with EcoCeres' $400 million raise at the top.
Also AgFunderNews
6 deals
Australia's climate tech industry is booming, but it could bust without funds
Feature on Australia's fast-growing climate tech sector, recounting raises at companies including Neara, Loam Bio, Goterra and Great Wrap, and warning that scarce growth capital and limited foreign investment could stall the industry.
12 deals
The 10 biggest capital raises by Australian startups in 2023
A year-end SmartCompany roundup counting down 2023's ten largest Australian startup raises, headed by Employment Hero's $263m Series F, with investor details and commentary on fewer mega-rounds and continued under-representation of women co-founders.
3 deals
Data snapshot: Ag Biotechnology investment surges in Asia-Pacific as funding swims upstream
AgFunder's Asia-Pacific investment analysis finds agriculture-focused biotech surged in 2022, with China and India ahead, while Australian soil-carbon firm Loam Bio landed a sizable round in 2023.
Also AgFunderNews
8 deals
From Buildings To Ocean Water, Startups Are Finding More Places To Stow Carbon
Crunchbase News surveys recently funded carbon removal startups storing CO2 in oceans, soil, underground and concrete, and notes large carbon-capture acquisitions by oil and gas buyers.
Also AgFunderNews
3 deals
Canberra-based satellite maker Skykraft raises $120 million
Canberra satellite firm Skykraft has raised $120 million to manage air traffic from space, with backing from Foresight Australia, OPTrust and Main Sequence; the round trails only Saluda Medical's this year.
Also Startup Daily·@AuManufacturing·proactiveinvestors.com·Startup Daily·SmartCompany·SmartCompany
4 deals
These Are The Most Active And Spendiest Cleantech Investors
Crunchbase data analysis ranking the busiest cleantech investors, led by Lowercarbon Capital, and citing large sustainability rounds at Loam Bio, Our Next Energy, Ohmium and Palmetto Clean Technology.
4 deals
Startup funding dropped massively in 2023, but AI and climate tech are still winners
KPMG data shows Australian startup funding fell sharply in early 2023, though AI and climate tech stayed strong, with several large raises listed and a new Main Sequence fund announced.
Also Startup Daily
3 deals
CommBank plants funding in $220 Series A for climate change investor Wollemi Capital
Wollemi Capital, the Sydney climate investor, has closed a $220m raise, past its initial $100m goal, backed by CBA, Trawalla and others; the article recalls its bets on Loam Bio, Pluton Bio and Pachama.
Funding announcement
Australia's regional areas lead the way in technological revolution
Feature on tech startups thriving outside Australian capitals, recording Cauldron's seed raise and government backing, with views from investors and founders at regional companies.
3 deals
Three Australian startups that landed over $22 million this week
A weekly roundup reporting three Australian startups that raised funds: Cauldron's seed round, Lumiant's seed extension, and FLAIM Systems' Series A, each with lead investors named.
2 deals
2 deals
Cauldron brews $10.5 million to globalise its precision fermentation platform
Regional NSW precision fermentation startup Cauldron has raised a $10.5 million seed round led by Main Sequence Ventures, following an earlier Queensland government investment, to expand its pilot facilities.
Also Women's Agenda·@AuManufacturing·AgFunderNews·SmartCompany·AgFunderNews·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany
12 deals
The Week in AgriFoodTech: GrainChain raises $29m, Brigad bags $30m, AeroFarms & iFarm head to MENA
Weekly agrifoodtech roundup reporting numerous funding rounds including Loam Bio's Series B and SwarmFarm's Series A, plus partnerships, OrderEZ acquiring FoodRazor, and vertical farming expansion into the Middle East.
Also SmartCompany
Series B
$105m
Loam Bio raises $105m Series B to boost soil carbon sequestration
Soil-carbon startup Loam Bio has secured a A$105 million Series B and is bringing its CarbonBuilder inoculant and SecondCrop offerings to Australian growers, its backer Virescent Ventures reports.
Also Main Sequence Ventures portfolio·AgFunderNews·@AuManufacturing·AgFunderNews·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Forbes Australia·TechCrunch Australia·AgFunderNews·AgFunderNews·Crunchbase News
Seed
£1.6m
Downforce Technologies draws investor support with innovative soil carbon solution
Soil carbon measurement startup Downforce Technologies closed a $3 million seed round backed by CEFC's Clean Energy Innovation Fund, Perivoli Innovations and Tiverton, with Australia as its first target market.
2 deals
EXCLUSIVE: Hone brings on impact investor following $4.7m Series A for realtime soil carbon testing
Silverstrand Capital led a secondary purchase of a stake in soil carbon testing firm Hone, following its GrainCorp-led Series A. The piece profiles Hone Carbon's spectrometry technology, customers and scale-up plans.
35 deals
CTV Funding News - October 2021
Cut Through Venture's November newsletter rounds up October 2021's record deal count for Australian startups, listing raises across climate, fintech, cybersecurity and legal tech, plus Startmate Demo Day graduates and active investors.
Also SmartCompany·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Women's Agenda·Forbes Australia·rnz.co.nz·insolvencyinsider-au.com
15 deals
Ten climate-conscious startups that have raised millions in 2021 so far
A roundup of climate-focused startups that secured investment during 2021, led by Loam Bio's $40 million carbon sequestration round, spanning clean energy, waste, lithium, and plant-based protein companies across Australia and New Zealand.
Also Cut Through Venture·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Beef Central / Grain Central·Startup News (WA)·Dealroom
2 deals
Using microbes to accelerate carbon removal – Loam Bio raises AUD $40m Series A
Australian microbial carbon-removal startup Loam Bio raised a $40 million Series A led by TIME Ventures, with CEFC, Main Sequence, Horizons Ventures and others joining; Virescent Ventures says it has invested $5.8 million.
Also AgFunderNews·SmartCompany·Cut Through Venture·@AuManufacturing·Forbes Australia·Forbes Australia