Ledger. Australian venture funding, tracked

Startup · $51.9m raised · Robotics

SwarmFarm Robotics

Builds small, self-driving farm robots (SwarmBots) with the SwarmConnect platform to help growers cut input costs and environmental impact.

Emerald, QLD

Coverage

Stories naming SwarmFarm Robotics. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Funding announcement

Cheque-in: 8 ANZ startups banked $53.46 million in funding this week

Weekly roundup of eight Australian and New Zealand funding rounds totalling about $53.5 million, led by SwarmFarm Robotics' $30 million Series B for its farm robots.

11 deals

Eight ANZ startups that raised $53.56 million this week

Funding roundup: eight trans-Tasman startups together secured $53.56 million, topped by SwarmFarm Robotics' Series B, with Amber, Javln, Enhance Labs, Indi, Wych, Lift Women and Ambra Spirits also raising capital.

4 deals

SwarmFarm Robotics harvests $30 million for its farm bot fleet

Queensland agricultural robotics firm SwarmFarm has raised a Series B led by a European backer, with several local investors taking part, to expand robot production and enter the North American market.

Also @AuManufacturing·AgFunderNews·SmartCompany·AgFunderNews

Funding announcement

Brighter Super is tipping $50 million into startups via the state government’s Queensland Investment Commission

Queensland superannuation fund Brighter Super has unveiled a startup investment mandate to be managed by QIC; the article also recalls QIC's earlier backing of Attekus, SwarmFarm Robotics, Go1, Gilmour Space Technologies and VALD.

5 deals

Agtech VC Tenacious Ventures plants $18 million in first close for Fund II

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

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.

3 deals

SwarmFarm raises $12 million to help bridge the gap between farmers and autonomous technology

Queensland robotics startup SwarmFarm closed a $12 million Series A led by Conexus Venture Capital, following an earlier grant and a 2020 raise, to scale its autonomous farming platform.

Also Startup Daily·Startup Daily·SmartCompany·SmartCompany·AgFunderNews

2 deals

Tenacious Ventures rises above the pack with its first venture fund oversubscribed at $35 million

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

79 deals

CTV Funding News - 1Q 2021

Cut Through Venture's debut quarterly newsletter rounds up Q1 2021 raises across Australian and New Zealand startups, highlighting crowdfunding, fintech dominance, active investors, and two newly launched startups currently seeking backers.

Also OIF Ventures portfolio·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·TechCrunch Australia·TechCrunch Australia·TechCrunch Australia·@AuManufacturing·@AuManufacturing·@AuManufacturing·LaunchVic

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