Tenacious Ventures

Our 2024 Impact Report is a testament to the bold ideas, measurable impact, and systemic solutions shaping the future of agri-food. We're so proud of the bold innovators in our portfolio and community, and the tangible progress being made to build a climate resilient agri-food system. Here's to more impact at scale in 2025 and beyond! 🥂 https://lnkd.in/gfsCZN23 Vela Georgiev Sarah Nolet J. Matthew Pryor Simon Uzcilas Sarah Mock GOTERRA Azaneo SwarmFarm Robotics Earthodic Cecil Jupiter Ionics Nbryo Phyllome RapidAIM Pty Ltd Vow Regrow Ag

Thanks for the shoutout AgriFutures evokeAG - so exciting to see #agtechsowhat on the top 10 podcast list for this year! 🙏 💪 https://lnkd.in/gSZbS444

We're really proud to have re-ignited the Sydney Agritech Meetup Community this year, culminating in this final event earlier in the week. Massive thanks to Saron Berhane and Andrew Skinner for stepping up to help organize and lead! 🙏 And to Sydney Knowledge Hub and Cicada Innovations for hosting events! Really excited for what 2025 will bring for this community! AusAgritech #agtech #agritech

There’s no time like the end of another year to reflect on the recent successes in the world of agtech, and the many challenges still left to overcome. One thing that has continued to stand out to us in 2024 is the vital need for MORE business model innovation. There’s so much amazing technology that already exists, but for one reason or another, it is not getting adopted or utilized. It’s not delivering on the promised impact or commercial potential. Over the last twelve months, we’ve talked to countless entrepreneurs and innovators who are finding ways to overcome adoption barriers, even when they aren’t using the words "business model innovation" to describe their efforts.   So this week, Sarah Nolet and J. Matthew Pryor sit down to connect the dots on examples of business model innovation that we’ve discussed in different #agtechsowhat podcast episodes all year long.   💡 Capital stack innovation to advance unconventional projects 💡 Unlocking initial revenue wins for first-of-a-kind technology (#FOAK) 💡 Why the most profitable wins aren’t achieved through preparing for what comes next, but through enabling what comes next Listen here --> https://lnkd.in/gD8d_PaU Featuring: Ben Gordon Cristine Handel Shane Thomas Joel Lipsitch Jairo Trad

🌱 The truth in the rumour of the ‘inevitable’ startup consolidation 🚀 Startups drive innovation but face tough challenges in agri-food. 🔄 Despite predictions, a vertically integrated agtech powerhouse hasn't emerged yet. 🏋️♂️ Resource mismatches with big corporations lead to "death by pilot" for many startups. ⌛ Temporal dissonance: Funding needed now, benefits realized much later—and often by others. 💡 Business model innovation is crucial for capturing sustainable value. 🤝 Novel interventions like venture studios and public-private partnerships can bridge gaps. 🌐 Shoutout to startups like Geora for innovating in finance to support sustainable farming! It’s so exciting to see innovative action like AgriProve’s acquisition of Geora to create more complete solutions for farmers. Let's keep pushing boundaries and innovating for a better agri-food system! 🌾🌍

🌱 Join us for the final Sydney AgTech Meetup of 2024! 🌱 It’s been a year of growth, challenges, and wins for the #agtech community, and we’re wrapping it up with a night of networking, insights, and celebration. Whether you're a startup founder, investor, farmer, researcher, or industry enthusiast, this event is your chance to connect and contribute to the future of agri-food in Australia. What’s on the agenda? 🎤 Highlights from the Sydney AgTech Meetup survey + what's next for 2024 🌾 A sneak peek at the Farms of the Future survey results with Hamish Dickson and Chad Renando 📰 Ecosystem updates: Bring your news and share with the community! Why attend? It’s a chance to reflect on our shared achievements, gain insights into what’s coming, and strengthen the connections that make this community thrive! 📅 When: 11th December, 6:00 - 8:00 PM 📍 Where: Sydney Knowledge Hub 👉 Reserve your spot now: https://lnkd.in/dinE6mAN See you there! #AgTech #Agriculture #Innovation #SydneyEvents #Networking

The history of agriculture is a history of selective breeding. Whether it’s plants or animals, humans have been choosing desirable traits and making sure those traits make it to the next generation for tens of thousands of years. The challenge of this work is, of course, the timeline. Groundbreaking and world-changing advances are possible, but we are limited by seasonality, gestation periods, and even by the level of expertise required to effectively perform the high-tech work. This is the challenge that one of our portfolio companies, Nbryo, is tackling: they are shortening the timeline for genetic advancements in livestock. This week, we sit down with Gerard Davis, CEO of Nbyro, to discuss his unconventional journey to the startup, the work the company is doing, and why he thinks genetic interventions are critical climate work. We also discuss:  🐄 Why cattlemen/graziers/ranchers, and more importantly, their customers, are interested in a more refined and predictable cattle herd ⚒️ How a suite of tools both increases the speed of the highly technical selective breeding process and makes it more affordable and scalable 🌏 The process of leveraging genetics to make improvements to both livestock productivity and reductions in the climate impact of each animal Tune in here 🎧 https://lnkd.in/gxRE_H_E

We believe tech alone - no matter how powerful or novel - won't be sufficient to deliver impact and outcomes at scale. Especially in agriculture and food systems. You must find a viable way to create and capture value. A business model. But doing this, especially in the on-farm part of #agtech, is really tough. In this week's newsletter, how one founder did it & what we all can learn 👇 https://lnkd.in/gEBHyHBR

What is the value of water? Seemingly a lot...but also, basically nothing. Valuing water has been tricky. One consequence is that despite its importance to both agricultural and environmental outcomes, irrigation has not been a terribly successful subsection of #agtech. We have our theories about why that is (we wrote a whole report about it!), and many others have also spotted big challenges in this space.   But when Jairo Trad and his team dug in, they saw an opportunity for business model innovation. Their path, via Argentinian agtech company Kilimo, has been far from smooth, but where they’ve ended up seems to be a unique unlock for adoption and value capture. This week, we’re sitting down with Jairo, CEO and Cofounder at Kilimo, who’s spent the last 14 years expanding the boundaries of the ag-water system to find the right answer to the question “who pays for water efficiency improvements.” Sarah Nolet and Jairo discuss:  1️⃣ Why deploying irrigation hardware was not the right model  2️⃣ The rational reasons why farmers avoid the pursuit of water efficiency, and how to leverage these reasons to encourage change 3️⃣ How the combination of sticky products and financial innovation align incentives among a diverse cohort of customers, stakeholders, and partners Podcast episode here --> https://lnkd.in/gRcJPDRk The agtech adoption dilemma: irrigation --> https://lnkd.in/gP8jqv_U

I am excited to announce that Cecil is partnering with Chloris Geospatial to make forest carbon data accessible. This partnership includes two geospatial datasets that measure aboveground biomass stock and changes. Our integration means you no longer need to worry about managing file storage, creating your own integrations, or pre-processing geospatial raster data. This relationship has been built over many months, and I want to take the chance to thank Florian Reber and Marco Albani for their ongoing support with this partnership. In fact, the whole team at Chloris has supported us including Elisa Casavecchia, Jarrod Wong, Tom Badenhorst, and more. Over the time developing this partnership the Chloris team joined Rory, Connor and Tom at Data & Dumplings / COP 16 events, and I had the chance to run through the mountains of Switzerland with Florian over the summer. Get in touch to learn how you can get started with Chloris datasets on our platform today with no minimum usage.