Rumin8

Eight ANZ startups that raised $373.3 million this week

Weekly roundup detailing eight trans-Tasman raises totalling A$373.3 million, headlined by Halter's Series E, spanning quantum computing, biomanufacturing, robotics, adtech and agtech, plus a recalled $2 billion founder exit.

Also Startup Daily

AgriFood Signals: Danone buys protein maker Huel, Miraterra Soil bags $16m, Grab buys Food Panda Taiwan

AgFunderNews roundup of agrifood deal news: eleven startup funding rounds, Generate Capital selling Equinox Growers, executive appointments including a new FFAR board member, and other industry items.

Also Startup Daily·SmartCompany·Startup Daily·Forbes Australia

Livestock methane reduction startup swallows $11 million Series A

Sydney synthetic-biology venture Number 8 Bio has banked an $11m Series A with Icehouse Ventures leading, to advance cattle trials of its methane-cutting supplement; its 2024 seed and accelerator stint are recalled.

Also AgFunderNews·Startup Daily·SmartCompany

Western Australian Startup Funding in Review 2023 (With March 2024 update)

Techboard's first state-level review analyses Western Australia's 2023 startup raises and the March 2024 quarter, highlighting Rumin8, Vitruvian and RealtyAssist deals alongside gender-diversity and per-capita findings.

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.

No bull!@#$: Number 8 Bio lands $1.8 million for animal feed that reduces cow farts

A biotech startup making a methane-cutting cattle feed additive has raised pre-seed capital from four backers, with the piece also recalling recent emissions-focused raises by two other Perth ventures.

Also AgFunderNews·AgFunderNews·SmartCompany·SmartCompany·AgFunderNews

Pooptech Startups Are Passing The Smell Test

A survey of waste-management startups covering livestock and human waste ventures, their cumulative funding, Rumin8's January round led by Breakthrough Energy Ventures, and accelerator and corporate partnerships in the sector.

Bill Gates says there are multiple options for reducing livestock emissions

Gates discussed livestock emissions in a Lowy Institute session, recalling his firm Breakthrough Energy Ventures' investment in Western Australian methane-supplement startup Rumin8, and praised Australian agriculture and climate policy.

The week in agrifoodtech: Drive-thru grocery Addie's bags $10m, Bill Gates invests $12m into methane reduction

Weekly agrifoodtech deal roundup: grocery and agtech startups announce new funding rounds, an Australian feed-additive startup lands backing, several acquisitions and a shutdown occur, and a protein fund launches.

Also AgFunderNews

These Aussie startups raised a cool $29 million this week

Weekly roundup covering three Australian raises: Rumin8's climate tech funding led by Breakthrough Energy Ventures, Ferronova's biotech round led by Renew Pharmaceuticals, and EMVision's stroke imaging milestone payment.

Bill Gates, Twiggy invest in methane-reducing feed additive company

WA climate tech firm Rumin8 closed the second phase of its seed round, raising US$12 million from Breakthrough Energy Ventures and Harvest Road Group, with existing climate fund investors topping up their holdings.

Also SmartCompany·Techboard

Bill Gates fund invests in Perth startup slashing cow farts in Australian-first

Breakthrough Energy Ventures, the fund led by Bill Gates, took part in a $17.24 million round for Perth climate startup Rumin8, whose cattle feed additives cut methane; Prelude Ventures, Aware Super and Harvest Road also invested.

Also Startup Daily·SmartCompany·AgFunderNews·Startup Daily·Startup News (WA)·AgFunderNews·Crunchbase News

'Calfeteria' trial underway at UNE to determine the tastiest methane reducing feed additive

A taste-preference trial at UNE is testing how cattle respond to Rumin8's methane-reducing feed additive, guiding dosing and efficacy decisions as the company moves from lab work into animal studies.

$7m climate fund injection into livestock methane supplement

Climate tech firm Rumin8 has secured seven million dollars from Prelude Ventures and the Aware Super-backed Sentient WA Growth Fund to develop methane-reducing livestock feed supplements.

$650,000 grant to commercialise methane-busting livestock feed supplements

Climate tech firm Rumin8 has been awarded a government grant to advance animal trials of feed additives that cut livestock methane emissions, with research partners assisting.