Founder & CEO, AgThentic
Stories naming Sarah Nolet. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Beanstalk Ventures' Drought Venture Studio, supported by the national Future Drought Fund, has showcased eight agtech startups from its first cohort and moved four into a longer second phase; a second cohort is underway.
Agtech investor Tenacious Ventures reached an $18 million first close on its second fund, which has a $50 million target; backers include Trawalla Group, Wollemi Capital Group and Macdoch Ventures.
Also Forbes Australia
Roundup of five Australian startups that secured new capital this week: Amber Electric's $29m Series C, ProcurePro's $6.15m, Yume's $2m seed, Alt.Leather's $1.1m seed, plus an undisclosed Tenacious Ventures investment in Nbryo.
Tenacious Ventures discusses the shutdown of its portfolio company Nowadays, a plant-based whole-cut meat manufacturer, in a podcast conversation with founder Max Elder and general partners Matthew Pryor and Sarah Nolet.
SwarmFarm raised a Series A for its autonomous farming platform, led by Conexus Venture Capital's Emmertech fund, with existing backers also participating, to further develop its hardware-software system.
Tenacious Ventures' co-founders reflect on three years running Australia's first agrifood tech VC, describing their oversubscribed $35 million first fund, sector-focused thesis, and lessons about backing founders.
An Australian agrifood-tech venture firm completed the close of its debut fund at an oversubscribed A$35 million, after an initial 2020 close above $20 million backed by CEFC and the Cannon-Brookes family vehicle.
Also farmingahead.com.au·Dynamic Business·agriinvestor.com·globalaginvesting.com·globalventuring.com
Podcast episode featuring AuctionsPlus CEO Angus Street in conversation with Sarah Nolet at the Sydney AgTech Meetup, covering the livestock platform's growth, culture and his path to the chief executive role.