SproutX

Sproutx is an Australian AgTech accelerator that empowers founders to build technologies. It is a collaboration between corporate, academia, and government bringing all plays together to enable the agricultural sector. It offers an accelerator program and a national co-working space network. It was founded in 2016 and is headquartered in Melbourne, Australia.

Andrew Lai

Accelerator Director

Stephanie Stubbe

Venture Analyst

Past deals in Agriculture

Virtual Irrigation Academy

Non Equity Assistance in 2021
Virtual Irrigation Academy is dedicated to promoting sustainable irrigation practices by providing data-driven insights and practical farming tools. The company develops innovative products designed to enhance water efficiency and boost agricultural productivity. Among its offerings are the chameleon card system, chameleon Wi-Fi system, wetting front detector (WFD) solute monitoring system, and chameleon sensor. These tools enable farmers to integrate scientific principles of irrigation with their hands-on experience, ultimately fostering better water management and improved crop yields.

Ambit Robotics

Venture Round in 2020
Ambit Robotics specializes in developing modular farming robots that assist tomato growers by providing precision yield estimates and enhancing operational efficiency. Their robots are equipped with tools for accurate seeding, spraying, imaging, and fertilizing, delivering plant-level insights and ensuring task accuracy. By reducing fertilizer emissions and publishing comprehensive data from each run to the cloud, Ambit Robotics supports smallholder farmers in optimizing labor and implementing precision crop management practices. The company's focus on maximizing the price received by growers while minimizing operational costs positions it as a valuable partner in modern agriculture.

AgMesh

Seed Round in 2020
AgMesh focuses on enhancing livestock production through the development of advanced agricultural sensors. By utilizing Internet of Things (IoT) technology, these sensors streamline the deployment and capture of critical data for livestock producers. The sensors are designed to be integrated with existing systems and feature an inbuilt radio-frequency identification scanning system. This functionality allows for the monitoring of water levels, water quality, and individual animal performance. With AgMesh's solutions, farmers and managers can remotely oversee grazing animals and maintain real-time awareness of their farming operations, ultimately facilitating smarter farming practices.

Laconik

Grant in 2019
Laconik is an agricultural technology company that develops a platform aimed at enhancing decision-making in farming by leveraging existing data and technology. The platform integrates seamlessly with major digital agriculture systems, allowing farmers to utilize standard hardware and software from modern farm machinery. By employing machine learning algorithms, Laconik analyzes collected data to optimize fertilizer application rates, taking into account spatial variability and focusing on return on investment. This approach enables farmers to conduct replicated trials, measure the actual profitability of fertilizer use, and make informed economic decisions based on precise recommendations.

Provenir

Pre Seed Round in 2017
Provenir is a vertically integrated meat processing company that specializes in mobile on-farm abattoir services. By processing livestock directly on farms, Provenir enhances animal welfare by minimizing the stress associated with traditional live transport to processing facilities. This approach not only ensures the production of high-quality red meat and poultry products but also allows farmers to improve their yields. The company's commitment to ethical practices is reflected in its focus on animal care, sustainable farming, and transparency in operations. Provenir aims to foster opportunities for individuals while maintaining integrity and accountability in its business practices.

Hub & Spoke

Seed Round in 2017
Hub & Spoke maximizes animal welfare, biosecurity, and food safety by revolutionising the meat processing industry. Hub & Spoke plans to build a mobile, on-farm slaughtering service that incorporates the highest standards of animal welfare, state-of-the-art processing methods, and environmentally sustainable practices.

Iotag

Seed Round in 2017
Iotag is an IT company focused on improving operational performance in the agricultural sector through innovative IoT technology. It provides a tracking solutions platform specifically designed for pastoral farms, allowing farmers to monitor their cattle, including bulls and cows, over distances of 10 to 15 kilometers. The company's smart cattle ear tags automate the detection of important events related to breeding and health management, enabling farmers to respond promptly to illnesses and births. By leveraging this technology, Iotag aims to enhance the efficiency and profitability of cattle farming operations worldwide.

FarmApp

Seed Round in 2017
FarmApp, based in Colombia, specializes in developing mobile applications tailored for the agricultural production industry. The company aims to enhance food production management by integrating technology into farming practices. Its primary offering is an integrated pest management platform that assists growers in monitoring biological threats to their crops. This platform combines scouting and fumigation applications with sensors and Internet of Things (IoT) automation, allowing farmers to gather and analyze data from various technological modules. By providing these tools, FarmApp enables farmers to effectively track and manage the numerous factors that influence crop health and productivity.

Stratus Imaging

Seed Round in 2017
Stratus Imaging Pty Ltd, established in 2016 and based in Forrestfield, Australia, specializes in the manufacture and sale of unmanned aerial vehicles, manned aircraft, and satellites. The company focuses on providing precision agriculture solutions, including smart farm technology, soil mapping, and geospatial imaging services. Stratus Imaging serves a diverse clientele, including the agriculture industry, mining sites, golf courses, forestry, turf farms, local councils, and government shires. By utilizing multispectral cameras and light sensors, the company collects aerial farm data across five spectral bands, enabling customers to make informed crop management decisions throughout the growing season.
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