Climate change agtech startup Loam raises $105 million Series B
Agtech startup Loam has raised a $105 million Series B co-led by Lowercarbon Capital and Wollemi Capital, following a $40 million Series A, to commercialise its soil-carbon technology.
Investor · 2 deals
Every published round TIME Ventures 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.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Loam Bio | Series A | 28 Oct 2021 | $40m | Lead | Forbes Australia (Sun 11 Dec 2022), Forbes Australia (Wed 30 Nov 2022), @AuManufacturing, Cut Through Venture, SmartCompany, Startup Daily, Virescent Ventures portfolio, AgFunderNews, Virescent Ventures portfolio | |
| Regrow | Series B | 24 May 2022 | $50m | Participant | Startup Daily (Thu 22 Jun 2023), Forbes Australia, AgFunderNews (Fri 21 Oct 2022), SmartCompany, AgFunderNews (Thu 26 May 2022), Startup Daily (Tue 24 May 2022), Main Sequence Ventures portfolio |
Companies TIME Ventures has backed in a published round, and companies whose existing shares it bought off another holder.
Fund closes reported for TIME Ventures, as distinct from the investments it has made.
Companies TIME Ventures has backed that another company then bought. An exit for the holding, not a deal TIME Ventures did.
Stories naming TIME Ventures. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Agtech startup Loam has raised a $105 million Series B co-led by Lowercarbon Capital and Wollemi Capital, following a $40 million Series A, to commercialise its soil-carbon technology.
Agtech carbon platform Regrow Ag, founded by Dr Anastasia Volkova, has closed a Series B led by Galvanize Climate Solutions with prior backers returning, to expand regenerative agriculture programs for food companies.
Also AgFunderNews·SmartCompany·Startup Daily·AgFunderNews·Forbes Australia
A roundup of climate-focused startups that secured investment during 2021, led by Loam Bio's $40 million carbon sequestration round, spanning clean energy, waste, lithium, and plant-based protein companies across Australia and New Zealand.
Also SmartCompany
Australian microbial carbon-removal startup Loam Bio raised a $40 million Series A led by TIME Ventures, with CEFC, Main Sequence, Horizons Ventures and others joining; Virescent Ventures says it has invested $5.8 million.
Also Startup Daily·AgFunderNews·SmartCompany·Cut Through Venture·@AuManufacturing·Forbes Australia·Forbes Australia