Ag Tech

Western Australian agrifood businesses seek investors

Sheep Central, February 20, 2019

WESTERN Australian agtech businesses spanning innovative livestock pricing, grain production and irrigation are at evokeAG in Melbourne this week seeking exposure and investment.

Five Western Australian investor-ready businesses are attending the conference with support from the Department of Primary Industries and Regional Development.

About 1150 delegates are attending the two-day event hosted by AgriFutures Australia, which is providing a platform for the food and agriculture sector to exchange information and share best practices on how technology can and will shape the future.

Department Trade and Investment executive director Liam O’Connell said the use of technology in modern day farming was growing every day, enabling WA farmers to be amongst the most efficient and productive producers in the world.

“The state’s proximity to growing demand from Asia and the quality of our natural resources offer a competitive advantage for our agriculture and food trade, particularly our higher quality value add products,” Mr O’Connell said.

“This delegation will gain invaluable exposure for their projects with experts and delegates from around the world discussing valuable investment and partnership opportunities with WA.”

SWAN Systems, MIRRECO TM, Laconik, Mapizy and ManukaLife received a package of up to $1500 to support attendance at evokeAG, following a statewide expression of interest process.

“The department is committed to supporting investment and finding partnership opportunities for our Western Australian agribusiness, fisheries and food industries; and to supporting our emerging ag and food tech businesses to scale, commercialise, and attract capital,” Mr O’Connell said.

A sixth business, Livestock Pricing, has also been supported through the Most Investor Ready prize, awarded to a business participating in the Harvest Accelerator 2.0 program which is also supported by the department together with industry partners. The business has also been selected for Startup Alley, which provides a platform for startups to showcase their business.

Department investment lead Susan Hall said agtech is an exciting area of development.

“We are enthusiastic about providing an opportunity to get our successful delegates in front of an engaged industry and investor audience,” she said.

SWAN Systems is a software-as-a-service platform providing irrigation and nutrient management solution at scale. SWAN helps enterprise-scale irrigators make data-driven, proactive decisions about the optimal quantity and timing of water and nutrient application.

– MIRRECO TM is a Perth-based company commercialising opportunities within the hemp industry including cost-effective above ground Carbon Capture, Utilisation and Storage Technology (CAST) and harvested hemp processing machines.

– Laconik provides grain growers with the technology to calculate nitrogen rates required for targeted areas of crop, providing precision around fertilisation and avoiding economic losses resulting from the traditional uniform application rate across whole paddocks.

– Mapizy’s agriculture platform InFarm uses combined mobile phone, drone and satellite images to quantify natural weeds, pests and crop diseases so grain growers can effectively and

WESTERN Australian agtech businesses spanning innovative livestock pricing, grain production and irrigation are at evokeAG in Melbourne this week seeking exposure and investment.

Five Western Australian investor-ready businesses are attending the conference with support from the Department of Primary Industries and Regional Development.

About 1150 delegates are attending the two-day event hosted by AgriFutures Australia, which is providing a platform for the food and agriculture sector to exchange information and share best practices on how technology can and will shape the future.

Department Trade and Investment executive director Liam O’Connell said the use of technology in modern day farming was growing every day, enabling WA farmers to be amongst the most efficient and productive producers in the world.

“The state’s proximity to growing demand from Asia and the quality of our natural resources offer a competitive advantage for our agriculture and food trade, particularly our higher quality value add products,” Mr O’Connell said.

“This delegation will gain invaluable exposure for their projects with experts and delegates from around the world discussing valuable investment and partnership opportunities with WA.”

SWAN Systems, MIRRECO TM, Laconik, Mapizy and ManukaLife received a package of up to $1500 to support attendance at evokeAG, following a statewide expression of interest process.

“The department is committed to supporting investment and finding partnership opportunities for our Western Australian agribusiness, fisheries and food industries; and to supporting our emerging ag and food tech businesses to scale, commercialise, and attract capital,” Mr O’Connell said.

A sixth business, Livestock Pricing, has also been supported through the Most Investor Ready prize, awarded to a business participating in the Harvest Accelerator 2.0 program which is also supported by the department together with industry partners. The business has also been selected for Startup Alley, which provides a platform for startups to showcase their business.

Department investment lead Susan Hall said agtech is an exciting area of development.

“We are enthusiastic about providing an opportunity to get our successful delegates in front of an engaged industry and investor audience,” she said.

SWAN Systems is a software-as-a-service platform providing irrigation and nutrient management solution at scale. SWAN helps enterprise-scale irrigators make data-driven, proactive decisions about the optimal quantity and timing of water and nutrient application.

– MIRRECO TM is a Perth-based company commercialising opportunities within the hemp industry including cost-effective above ground Carbon Capture, Utilisation and Storage Technology (CAST) and harvested hemp processing machines.

– Laconik provides grain growers with the technology to calculate nitrogen rates required for targeted areas of crop, providing precision around fertilisation and avoiding economic losses resulting from the traditional uniform application rate across whole paddocks.

– Mapizy’s agriculture platform InFarm uses combined mobile phone, drone and satellite images to quantify natural weeds, pests and crop diseases so grain growers can effectively and efficiently implement control practices. Mapizy also use satellite and drone imagery to produce analytics for the forestry industry.

– ManukaLife develops high-grade Manuka plantations for products developed for the medical, pharmaceutical, cosmetic and nutraceutical industries. These products are created based on science, research and their unique positioning in the bio-secure region of Western Australia.

– The Livestock Pricing app is the first of its kind. It provides livestock producers, buyers, agents and traders with immediate access to a large range of spot and forward livestock prices from feedlotters, processors and live exporters. The app also provides market data, news and price alerts.

Source: DPIRD.

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