Government · 6 deals
Sydney, NSW
Every published round GrainInnovate 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 GrainInnovate has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| BioScout | 8 Aug 2026, Seed | 1 | 0 | |
| FluroSat | 23 Jul 2019, Seed | 1 | 0 | |
| SwarmFarm Robotics | Robotic solutions for efficient and sustainable agriculture | 15 Feb 2023, Series A | 1 | 0 |
| Zetifi | 9 Dec 2022, Series A | 1 | 0 | |
| ZoomAgri | Computer vision software for grain inspection and grading | 2021, Seed | 2 | 1 |
Fund closes reported for GrainInnovate, as distinct from the investments it has made.
Companies GrainInnovate has backed that another company then bought. An exit for the holding, not a deal GrainInnovate did.
Stories naming GrainInnovate. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Uniseed announces portfolio company BioScout's A$6.75 million round co-led by Demea Sustainable Investment and Astanor to scale its crop disease sensor network internationally.
Weekly roundup: Firmus completes its $2.85b round; Procore acquires DroneDeploy; Atlassian rebounds while Canva cuts guidance; plus fresh raises for Zabidou, BioScout, Vexev, Enrola, Spacetalk and others.
BioScout, an Australian maker of AI spore-detection sensors for crops, has raised a seed round from Demea Sustainable Investment, Astanor and others to expand its sensor network and European presence.
Also Dealroom·agritechdigest.com·app.fundz.net·This Week in Australian Startups·winssolutions.org·agroempresario.com·finsmes.com·agrospectrumasia.com
GrainCorp's venture arm has joined a Series A backing PlasmaLeap Technologies, an Australian maker of modular on-farm fertiliser systems, which will use the funds for its first hubs in NSW and Tasmania.
ZoomAgri raised a $6 million Series A led by GrainCorp with GrainInnovate and SP Ventures, to expand its AI grain inspection technology geographically and into new commodities.
GrainCorp co-leads a nine million dollar Series A in ZoomAgri with GrainInnovate, with SP Ventures also participating, funding AI grain quality testing.
Also GrainCorp Ventures
Whole Green Foods has raised a $1.5 million seed round from GRDC, investing via its GrainInnovate fund, and Artesian, to advance its WINX food processing technology that reduces waste in plant-based ingredient production.
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·AgFunderNews·AgFunderNews·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·AgFunderNews·AgFunderNews
Zetifi, a regional NSW farm connectivity startup, raised a $12m Series A led by Telstra and GrainCorp's ventures fund, with existing backers returning; it earlier won accelerator places, government grants and a Grow-NY prize.
Agtech firm Laconik has closed another $250,000 round via GrainInnovate and SproutX, plus a $19,000 WA entrepreneurship grant, while trialling its fertiliser recommendation technology across WA farms with a Curtin PhD graduate interning.
Growave has raised $900,000 in seed backing from IP Group, Grain Innovate and Artesian to commercialise microwave weed-killing technology developed from University of Melbourne research, aiming for a commercial product within 18 months.
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
Artesian Venture Partners and the Grains Research and Development Corporation have launched GrainInnovate, an agtech fund, with a $25 million GRDC cornerstone commitment toward a $50 million pool backing startups serving Australian grain growers.