AGP Sustainable Real Assets–Sparklabs Cultiv8 Joint Venture: Ledger

Company	Stage	Announced	Amount	Role	Alongside	Sources
Future Feed	Unnamed stage	21 Aug 2020	$13m	Participant	CSIRO Woolworths Commonwealth Scientific & Industrial Research Organization GrainCorp Harvest Road Group	Startup Daily (Fri 5 Dec 2025), SmartCompany, Startup Daily (Mon 1 Dec 2025), AgFunderNews (Mon 15 Feb 2021), Beef Central / Grain Central (Thu 21 Jan 2021), Beef Central / Grain Central (Thu 17 Dec 2020), @AuManufacturing (Tue 15 Dec 2020), Startup Daily (Tue 15 Dec 2020), Beef Central / Grain Central (Fri 21 Aug 2020), Startup Daily (Fri 21 Aug 2020), @AuManufacturing (Fri 21 Aug 2020), AgFunderNews (Thu 20 Aug 2020)

Company	What it does	First invested	Rounds	Led
Future Feed		21 Aug 2020	1	0

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for AGP Sustainable Real Assets–Sparklabs Cultiv8 Joint Venture yet.

Company	Bought by	Kind	Announced	Price
No portfolio company of AGP Sustainable Real Assets–Sparklabs Cultiv8 Joint Venture is recorded as having been acquired.

5 deals

Cattle seaweed supplement, pregnancy test get Australian government funding

Australia's Accelerating Commercialisation grants include A$1 million for seaweed startup Sea Forest, with Agscent, Phyllome and Monsoon Aquatics also funded; the article recalls CSIRO and partners pooling A$13 million to launch FutureFeed.

AgFunderNews Mon 15 Feb 2021 Agscent Future Feed Monsoon Aquatics Pty Ltd Phyllome Sea Forest CH4 Global James Cook University AGP Sustainable Real Assets–Sparklabs Cultiv8 Joint Venture Australian Government CSIRO GrainCorp Harvest Road Group Woolworths Sam Elsom

Also RenewEconomy·Beef Central / Grain Central·Beef Central / Grain Central

Unnamed stage

Methane-reducing red seaweed farming venture seeks investors

A South Australian venture farming asparagopsis seaweed near Port Broughton seeks investors, while the article recalls CSIRO's FutureFeed venture, formed with five core investors including GrainCorp, Woolworths, Harvest Road and Sparklabs Cultiv8.

Beef Central / Grain Central Thu 21 Jan 2021 Future Feed CH4 Global James Cook University Meat & Livestock Australia South Australian Research and Development Institute AGP Sustainable Real Assets–Sparklabs Cultiv8 Joint Venture CSIRO GrainCorp Harvest Road Group Woolworths Twiggy Forrest

Also AgFunderNews·Startup Daily·@AuManufacturing·Beef Central / Grain Central·Startup Daily·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·Beef Central / Grain Central·AgFunderNews

2 deals

Million-dollar planet prize for CSIRO FutureFeed seaweed innovation

FutureFeed, a seaweed cattle supplement spun out by CSIRO with backing from GrainCorp, Woolworths and others, has won a US$1 million Food Planet Prize from the Curt Bergfors Foundation for slashing livestock methane emissions.

Beef Central / Grain Central Thu 17 Dec 2020 Future Feed CH4 Global Indigenous Land and Sea Corporation James Cook University Meat & Livestock Australia Potsdam Institute for Climate Impact Research Stockholm Resilience Centre UC Davis AGP Sustainable Real Assets–Sparklabs Cultiv8 Joint Venture CSIRO Curt Bergfors Foundation GrainCorp Harvest Road Group Woolworths Professor Johan Rockström Line Gordon Dr Michael Battaglia Dr Rob Kinley

Also AgFunderNews·Startup Daily·@AuManufacturing·Beef Central / Grain Central·Startup Daily·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·Beef Central / Grain Central·AgFunderNews

2 deals

Methane busting cow feed wins $1 million global prize

CSIRO's seaweed-based cattle feed venture FutureFeed has won the Food Planet Prize and its million-dollar purse, which it plans to spend on first-nations supply-chain participation and rangeland delivery research.

@AuManufacturing Tue 15 Dec 2020 Future Feed CH4 Global Indigenous Land and Sea Corporation James Cook University Meat & Livestock Australia Narrunga Nation Penn State UC Davis AGP Sustainable Real Assets–Sparklabs Cultiv8 Joint Venture CSIRO Curt Bergfors Foundation GrainCorp Harvest Road Group Woolworths Dr Michael Battaglia Dr Rob Kinley

Also AgFunderNews·Startup Daily·@AuManufacturing·Beef Central / Grain Central·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Beef Central / Grain Central·Beef Central / Grain Central·AgFunderNews

Unnamed stage $13m

EXCLUSIVE: CSIRO, Woolworths unveil FutureFeed, a seaweed supplement that cuts cow methane by 80%

CSIRO and partners launch FutureFeed, raising A$13 million to commercialize a seaweed livestock feed additive that cuts cattle methane emissions by up to 80%.

AgFunderNews Thu 20 Aug 2020 Future Feed James Cook University Meat & Livestock Australia SparkLabs Cultiv8 AGP Sustainable Real Assets–Sparklabs Cultiv8 Joint Venture Commonwealth Scientific & Industrial Research Organization GrainCorp Harvest Road Group Woolworths Duncan Ferguson Dr Larry Marshall Malcolm Nutt

Also Startup Daily·@AuManufacturing·Beef Central / Grain Central·Startup Daily·Startup Daily·SmartCompany·Startup Daily·@AuManufacturing·Beef Central / Grain Central·Beef Central / Grain Central·AgFunderNews

AGP Sustainable Real Assets–Sparklabs Cultiv8 Joint Venture

Disclosed deals

Portfolio

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Portfolio companies acquired

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Coverage

Cattle seaweed supplement, pregnancy test get Australian government funding

Methane-reducing red seaweed farming venture seeks investors

Million-dollar planet prize for CSIRO FutureFeed seaweed innovation

Methane busting cow feed wins $1 million global prize

EXCLUSIVE: CSIRO, Woolworths unveil FutureFeed, a seaweed supplement that cuts cow methane by 80%