Australia’s Artesian Venture, GRDC create $35.8 mln agritech fund

02/25/2019 7:35:00 AM (GMT)

Australian alternative investment manager Artesian Venture Partners and Grains Research and Development Corp. (GRDC) have formed a new $35.8 million venture capital fund.

The agriculture technology fund, dubbed GrainInnovate, will back and resource start-ups which show the potential and commitment to deliver transformational impact to Australia’s grain grower profitability.

GRDC noted that the aim of the initiative is to drive the future profitability and sustainability of Australia’s grain growers.

GrainInnovate will focus on scalable, high growth potential start-ups from all facets of the grains production and processing chain.

Artesian Venture Partners

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