Founder, Observant
Stories naming Matthew Pryor. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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
Tenacious Ventures podcast discussion in which Matthew Pryor, Azaneo's chief executive and a weed scientist weigh herbicide-free weed control, from resistance and regulatory pressure to electric and robotic tools.
Tenacious Ventures discusses the shutdown of its portfolio company Nowadays, a plant-based whole-cut meat manufacturer, in a podcast conversation with founder Max Elder and general partners Matthew Pryor and Sarah Nolet.
LaunchVic and Agriculture Victoria introduced a $1 million fund backing early-stage agtech startups, and revealed seven companies as recipients of $50,000 equity-free grants.
Tenacious Ventures opens its raise for a second agri-food tech fund targeting $70 million, and looks back at the hard, oversubscribed close of its first fund.
Tenacious Ventures led a A$2.5 million seed round in Jupiter Ionics, a Monash University spin-out making green ammonia electrochemically. Funds go to R&D and commercialization; Tenacious also recently closed its $27 million maiden fund.
Tenacious Ventures' co-founders reflect on three years running Australia's first specialist agrifood tech VC firm, assessing their climate and digitisation theses after closing a $35 million debut fund and backing ten startups.
Also Startup Daily
Tenacious Ventures' co-founders reflect on three years running Australia's first agrifood tech VC, describing their oversubscribed $35 million first fund, sector-focused thesis, and lessons about backing founders.
Agrifoodtech venture firm Tenacious Ventures has completed the final close of its debut fund at A$35 million, with CEFC and Grok Ventures as cornerstone backers, and has so far backed six startups including Goterra, Nori and Vow.
Tenacious Ventures closed its debut agrifood tech fund oversubscribed at A$35 million, after a March 2020 first close of just over $20 million backed by the CEFC's Clean Energy Innovation Fund and Grok Ventures.
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Seattle carbon removal marketplace Nori has raised US$4 million, with Australian agrifood tech investor Tenacious Ventures co-investing in a round led by Placeholder with North Island Ventures.
Also Startup Daily
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
The Clean Energy Finance Corporation and the Cannon-Brookes family vehicle commit cornerstone capital to Tenacious Ventures, a new Australian agrifood venture fund backing early-stage startups, and recalls Sundrop Farms' sale to Morrison & Co.