AgriWebb, a Surry Hills, Australia-based beef cattle production software provider, has closed a $7.2 million (AU$11M) funding round.
Investors
The round saw participation from key existing backers such as Germin8 Ventures, Grosvenor Food & AgTech, and Telus Ventures, as well as new investment from the listed Swedish industrial company, Munters Group.
AgriWebb Use of Funds
The company will use the funds to further enhance its platform capabilities, particularly in connecting on-farm data with global food brands and retailers.
About AgriWebb
AgriWebb specializes in livestock management software, focusing on farming operations. The company offers an all-in-one software solution that simplifies livestock management, provides insights for better ranch productivity, and supports farming practices. It manages over 23 million head of livestock across more than 150 million acres in 18 countries, with a dominant presence in Australia, the UK, the US, and Brazil. AgriWebb partners with major global food companies such as McDonald’s, USDA’s Climate Smart Commodities collaborations, and Cargill in Brazil.
Funding Details
Company: AgriWebb Pty Ltd.
Raised: $7.2M
Round: Unknown
Funding Month: May 2024
Investors: Germin8 Ventures, Grosvenor Food & AgTech, Telus Ventures, Munters Group
Company Website: https://www.agriwebb.com/
Software Category: Livestock Management
Source: https://www.beefmagazine.com/farm-business-management/agriwebb-raises-7-2m-to-fuel-further-innovation-in-sustainable-beef-production