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Creating a collaborative agrifood tech investment landscape in Australia: Opportunities and challenges in 2024

2023 was a very challenging year for the startup world. Across the board, the number of deals, speed of investment, valuations, and totals invested all saw a downturn. Uncertainty ran high. Conservatism pervaded. It was tough for investors and startups alike. Here Sarah Nolet, Managing Partner, Tenacious Ventures and speaker at evokeAG. 2024 explores what startups need to scale in 2024, the paths to returns, and what the influx of international investors means for agrifood tech in Australia.

The race to breed heat tolerant wheat for a hotter, hungrier world

Plant breeders are in a race against time to deliver crop varieties that can survive more frequent, prolonged, and severe heat events. A new research project by The Agrifood Innovation Institute is helping plant breeders accelerate the development of heat tolerant wheat – and insure the global food system against climate-induced harvest failures.

Responsible innovation and a call to action

Dubbed “food’s Erin Brockovich” by Bloomberg and the New York Times, Robyn O’Brien is a globally renowned speaker and author on food innovation and entrepreneurship. Here Robyn observes the challenges our big, bold innovators must overcome to design solutions that will shape the future of our food systems.

The fringe benefits of agtech

The application of agtech is often positioned to improve operational efficiency, profitability and sustainability. But could this narrow definition be limiting the adoption of agtech on farm and in the supply chain?

Insights
3 May 2023

Loam launches CarbonBuilder tech to tackle climate change

Between a growing global population and the effects of extreme weather events, food security and climate change are intrinsically linked.
One Aussie startup is putting agriculture at the centre of the fight against climate change, using microbial technology to remove carbon from the atmosphere and boosting soil quality for farmers – at the same time.

News
29 Mar 2023

Australian agritech has ‘arrived on world stage’

As the MC for evokeAG.’s second Investor Pitch Dinner, Tenacious Ventures’ Sarah Nolet remarked on how much things had changed since the previous evokeAG. in 2020 and its first Investor Pitch Dinner. Australian agritech has gone from aspiring to be a global player, Sarah says, to ‘fully established, proving to the world that we’ve arrived and we’re here to stay’. So where are Australia’s areas of global advantage, and what’s the key to maximising the future for the agrifood tech ecosystem?

Insights
2 Oct 2022
growAG image man in field with drone

AgriFutures growAG.

Explore a world of agrifood innovation opportunities.

AgriFutures growAG. is the online marketplace for agrifood innovation. Explore, find and connect with expertise, research and investment opportunities from Australia and around the world in one, easy to use location.

Visit growAG.