Amount Raised
$4.6 Million
Round Type
Seed
SydneyFarmingInvestors
Description
Sydney-based agtech scale-up Farmbot has raised $4.6 million in an oversubscribed funding round including backing from existing shareholders Telstra and Macdoch Ventures. The sum exceeds an initial target of $3 million, and comes soon after the launch of US subsidiary Ranchbot which already has a team of 12 people as the group targets a market that is 10 times the size of its Australian base. New investors include several high-net-worth US investors from the country's ranching sector, as well as senior executives from the firm.
Quick answer
Farmbot raised $4.6 Million in a Seed round, dated June 11, 2024. Investors: Macdoch Ventures and Telstra. Farmbot is based in Sydney, New South Wales, Australia.
- How much did Farmbot raise?
- Farmbot raised $4.6 Million in a Seed round on June 11, 2024.
- Who invested in Farmbot?
- Macdoch Ventures and Telstra are named as investors in this round.
- What does Farmbot do?
- Farmbot Monitoring Solutions is an Australian agritech company delivering remote water monitoring solutions that help farmers safeguard long-term water availability while improving natural resource stewardship.
- Where is Farmbot based and how big is it?
- Farmbot is based in Sydney, New South Wales, Australia. Fundz records about 11 employees.
- Who are the decision-makers at Farmbot?
- Fundz holds 4 contacts at Farmbot, including the Head of Marketing and Communications. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Farming around the same time
Companies in the same sectors as Farmbot that raised within 45 days of this round, from Fundz verified event records.
- Terviva raised $10M on July 25, 2024.
- Ascend Wellness Holdings raised $235M (Debt Financing) on July 15, 2024.
- Arya.ag raised $29M (Funding Round) on July 10, 2024.
- Gocarin Industries raised an undisclosed amount (Seed) on July 5, 2024.
- Arya.ag raised $29M (Funding Round) on July 4, 2024.
- eAgronom raised $11M (Series A) on July 2, 2024.
Who to call at Farmbot, and when
A new round usually means Farmbot is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Farmbot raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Farmbot, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Farmbot. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Farmbot raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Farmbot raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.