Startup · $1.7m raised
Lyndhurst, VIC
Every investor coverage indicates participated in a round YieldX Pty Ltd raised.
| Investor | Rounds | Invested |
|---|---|---|
| La Trobe Eagle Fund | Seed | $1,000,000 |
| Eagle Fund | Seed | - |
| LaunchVic | Seed | - |
| Mandalay VC | Seed | - |
Companies YieldX Pty Ltd 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 |
|---|---|---|
| Nadun Hennayaka | CEO | Breakthrough Victoria |
Stories naming YieldX Pty Ltd. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
La Trobe University opened its Eagleworks Innovation Centre, home to the $18m Eagle Fund co-funded with Breakthrough Victoria, part of the $100m University Innovation Platform.
Breakthrough Victoria staff attended agrifood, climate finance, women's health and deep tech events, and joined the launch of agritech firm YieldX.
Breakthrough Victoria recounts how its joint fund with La Trobe University seeded hydroponics developer YieldX, now running a commercial greenhouse in Victoria and expanding to India via a deal with Zomato's Hyperpure.
Also LaunchVic
Melbourne agtech YieldX has raised seed capital from the Eagle Fund, Mandalay and LaunchVic's Hugh Victor McKay Fund to commercialise its NASA-recognised growing technology, with first commercial farm builds planned in Victoria and India.
AgTech firm YieldX has attracted a $1.7 million round, with Breakthrough Victoria and La Trobe University's Eagle Fund contributing $500,000 apiece alongside Mandalay Venture Partners and LaunchVic's Hugh Victor McKay Fund.
Breakthrough Victoria's update announces its Eagle Fund co-investment with La Trobe University, an $18 million pre-seed vehicle, and details $1 million backing each for agtech startup Yield X and diagnostics spin-out ExCelligent DX.