Top 10 WA startup stories for last quarter and year
Startup News recaps its most-read WA startup stories for the June quarter and the 2021-22 financial year, listing funding raises, acquisitions and other headlines that drew readers.
Company
Perth, WA
Every investor coverage indicates participated in a round Agworld raised.
The transaction that ended Agworld's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Semios | Acquisition | 3 Sep 2021 | $100m+ | Startup News (WA) (Wed 24 Nov 2021), Startup News (WA) (Fri 3 Sep 2021), AgFunderNews |
Companies Agworld acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Simon Foley | GM | Startup News (WA) |
| Doug Fitch | CEO · Founder | Startup News (WA) (Wed 24 Nov 2021), Startup News (WA) (Fri 3 Sep 2021), Tenacious Ventures |
Stories naming Agworld. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Startup News recaps its most-read WA startup stories for the June quarter and the 2021-22 financial year, listing funding raises, acquisitions and other headlines that drew readers.
AgriStart has announced the seven businesses joining the 2022 HARVEST agtech accelerator, a five-month program that opened with a bootcamp and this year focuses on innovations serving the grains industry.
Vancouver's Semios is buying Perth crop-data platform Agworld for a reported $100 million, a landmark exit for the local agtech scene and a windfall for early backer Yuuwa Capital.
Roundup of agrifoodtech news: several startup raises including Regrow's Series A, Semios acquiring Agworld, Sweetgreen buying Spyce, and Microsoft-linked carbon credit deals with reNature.
Agritech firm FluroSat raised $3.2 million in a round led by M12; the piece also recalls its 2017 seed round, its purchase of ProductionWise, and a joint research grant.
FluroSat wins a $3 million CRC-P research grant to build predictive agronomic analytics with sector partners, while founder Anastasia Volkova shares advice on winning collaborative grants and recalls earlier backing.
FluroSat's chief executive describes a newly awarded collaborative grant project building an interoperable agronomic analytics engine with Australian industry partners to fix fragmented farm data.
A year-end reflection on Australian agtech's 2017 rise, covering FluroSat's investment round, several startups' funding totals, SproutX's first accelerator cohort, Observant's acquisition, and the author's hopes for 2018.
Also Tenacious Ventures portfolio·Cotton Research and Development Corporation·SmartCompany·AgFunderNews
Profile of Agworld, a farm management platform founded in 2009, covering its agronomist-focused go-to-market, data rules of engagement, investor relationships, and its recalled $1.5 million Series A led by Yuuwa Capital.