Startup · $8.6m raised
Sydney, NSW
Every investor coverage indicates participated in a round FluroSat raised.
| Investor | Rounds | Invested |
|---|---|---|
| AirTree Ventures | Seed · Seed | - |
| Artesian Clean Energy Seed Fund | Seed | - |
| Artesian VC | Seed | - |
| Artesian/GRDC GrainInnovate Fund | Seed | - |
| Cooperative Research Centres Projects (CRC-P) | Grant | - |
| Costanoa Ventures | Seed | - |
| Cotton Research and Development Corporation | Seed · Accelerator | - |
| CRC-P | Grant | - |
| GrainInnovate | Seed | - |
| M12 | Seed | - |
| Main Sequence Ventures | Seed · Seed | - |
| muru-D | Seed | - |
| Space Capital | Seed | - |
Every published round FluroSat took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies FluroSat has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| No portfolio companies recorded yet. | ||||
Fund closes reported for FluroSat, as distinct from the investments it has made.
Companies FluroSat has backed that another company then bought. An exit for the holding, not a deal FluroSat did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of FluroSat is recorded as having been acquired. | ||||
The transaction that ended FluroSat'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 |
|---|---|---|---|---|
| Dagan | Merger | Feb 2021 | - | AgFunderNews (Wed 25 Aug 2021), AgFunderNews (Tue 17 Aug 2021) |
Companies FluroSat acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Company | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Dagan | Acquisition | 2021 | - | AgFunderNews, Cotton Research and Development Corporation |
Stories naming FluroSat. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
CRDC profile celebrates FluroSat founder Anastasia Volkova topping The Australian's 100 Innovators list, recalling its startup workshop support since 2017 and FluroSat's acquisition of Dagan's soil modelling capability to form Regrow Ag.
Also AgFunderNews
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.
Carbon MRV platform Regrow has closed a $17 million Series A, with Cargill, Ajax Strategies and Tenacious Ventures joining returning backers such as M12 and Main Sequence. Regrow was formed via the FluroSat-Dagan merger.
Also AgFunderNews
Tenacious Ventures' investment note explains its backing of Regrow's US$17 million Series A alongside Cargill, covering Regrow's agricultural MRV technology, its FluroSense platform, and its formation from the FluroSat-Dagan merger.
Also AgFunderNews·Startup Daily·AgFunderNews·Startup Daily·SmartCompany·AgFunderNews·Forbes Australia
Square Peg's podcast features Vow's co-founders discussing cultured meat and their Sydney company's origins, with principal James Tynan named as Vow's lead investor.
Marking Cicada Innovations' 20th anniversary, this profile describes agtech FluroSat, founded by Anastasia Volkova, which joined the incubator in 2017 and uses satellite analytics to cut farm fertiliser and water use.
Deep tech firm Advanced Navigation, based in Sydney, has secured $20m from CSIRO's venture arm Main Sequence plus two US funds; two investors take board seats. OIF backed it earlier.
Also OIF Ventures portfolio·SmartCompany·@AuManufacturing·SmartCompany·SmartCompany·SmartCompany·@AuManufacturing·Forbes Australia
Interview with Tenacious Ventures co-founder Sarah Nolet on the firm's $16 million close toward a $30 million agri-foodtech fund backed by CEFC and Grok Ventures, alongside recent Australian agtech deals.
Also SmartCompany·AgFunderNews·SmartCompany·SmartCompany·Startup Daily
AirTree Ventures closes a $275 million third fund backed by Australian institutions and announces staff moves; the piece also recalls Canva's raise, Prospa's ASX listing and :Different's new round.
Also Startup Daily·StrictlyVC·AFR Technology·TechCrunch Venture
Tenacious Ventures' blog post reflects on Australia's agrifood tech strengths after Melbourne's Global Table event, citing FluroSat's fundraise, AgDNA's sale to CNH, Data Farming's accelerator placement, and local capital opportunities.
Also AgFunderNews
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.
A University of Sydney research spin-off making farm robots has raised seed money from three backers to commercialise its equipment, and the piece also recalls other agtech funding wins from early 2019.
Also @AuManufacturing·@AuManufacturing·SmartCompany·@AuManufacturing
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