Startup
Cairns, QLD
Programs: CSIRO (ON Accelerate)
Every investor coverage indicates participated in a round Rainstick raised.
Investors whose own portfolio pages list Rainstick, even though we haven't found any coverage of the round yet.
| Investor | Listed on |
|---|---|
| Main Sequence Ventures | its portfolio page ↗ |
Companies Rainstick 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 |
|---|---|---|
| Darryl Lyons | Chief Rainmaker · Founder | SmartCompany, Forbes Australia |
| Mic Black | Chief Thunderstorm Creator · Founder | AgFunderNews, SmartCompany, Forbes Australia |
Stories naming Rainstick. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
NRMA Insurance has started giving $100,000 apiece to five climate startups through its new Help Fund, a program created with Climate Salad, with $1 million committed for the first year.
Startupbootcamp recaps the Demo Day for its Cluster Connect scale-up program, profiling eight food and agriculture ventures that pitched, with founder testimonials and a call for mentors.
Equity raise of $2.3m by Advanced, a Sunshine Coast R&D finance startup building a $25m lending fund; backers include Wayne Gerard and Phil Cummins, who joins the board.
A Sunshine Coast R&D finance provider has launched, having secured mostly debt funding plus some equity to lend against startups' future tax refund claims, with several client companies already named.
Also Startup Daily
Levur, a Sydney biotech making a yeast-based substitute for palm oil, has taken out KPMG's Nature Positive Prize, with four other Australian startups sharing the advisory prize pool.
Beanstalk Ventures' Drought Venture Studio, supported by the national Future Drought Fund, has showcased eight agtech startups from its first cohort and moved four into a longer second phase; a second cohort is underway.
A data review of 2023's ten largest Australian agrifoodtech raises, topped by Loam Bio's US$73.2 million Series B, showing funding down 33% as capital concentrated in upstream climate-mitigation startups.
Investible reflects on five takeaways from the evokeAG 2024 conference in Perth, covering tighter capital, carbon credit debates, regenerative farming, and AI's growing role in agriculture.
Queensland's Advance Queensland initiative has granted more than $5.5 million to 56 small businesses across two programs, with Rainstick and Carbonaught among recipients; Carbonaught also recently won a US government grant.
Feature on Australia's fast-growing climate tech sector, recounting raises at companies including Neara, Loam Bio, Goterra and Great Wrap, and warning that scarce growth capital and limited foreign investment could stall the industry.
Australian agtech startup Rainstick treats seeds and microbes with targeted electrical fields to lift germination and crop yields; cofounder Mic Black describes early trial results, university validation work, and the company's funding position.
Profile of Cairns agtech startup Rainstick, which mimics lightning with electricity-based seed treatment to lift crop yields; its co-founders are closing a pre-seed round and have built early partners in Singapore.
Startup Daily covers Startmate's Winter 2023 accelerator intake of 13 startups, the accelerator's reported fund performance, its backer returns, and an upcoming Demo Day alongside SXSW Sydney.
A First Nations-led angel network launched in Perth with $500,000 already committed to its fund, ten founding investors named, and backing from the US consulate and Minderoo's Generation One.
Profile of Cairns startup Rainstick, which uses artificial lightning to boost mushroom growth. It won $20,000 from Dream Ventures, has taken in $200,000, and joined CSIRO's ON Accelerate with nine other teams.
CSIRO has revived its ON Accelerate program and named ten deep-tech startup teams, drawn from universities and its own research, joining the seventh cohort starting in early 2023.
CSIRO has chosen ten deep-tech ventures from Australian universities and research for its ON Accelerate programme, including Queensland startup Rainstick; the program has helped form 66 companies since 2015.