Farmbot Monitoring Solutions

Capital is boring, founder stories are not. This one is about mental health of the original founders (farmers) and real, measurable efficiency gains. 👨🌾 💧 📈 A lot of people assume farmers and country folk run at a bit of a slower pace than city folk, I did when I moved to the Southern Tablelands of NSW in 2005 but Andrew (Coppo) from Farmbot Monitoring Solutions always knew that even though they may come across that way, farmers in Australia, and around the world, are some of the smartest business people on earth. We often think that starting up a modern tech company is hard, but I'm calling bullshit. What's hard is having investing actual blood, sweat and tears into preparing your crop or flock for the next season, only to be screwed by the elements. Coppo talks about the mental health of farmers a lot, and Farmbot helps eliminate the wasted time and energy of checking your water sources, which 95% of the time are fine but that other 5% of the time can be catastrophic. Agtech is hard, your customers are busy and by default not concentrated in any one location. Your solution has to *categorically* show them that their time will be saved, or the yield on their investment increase or it's just another thing to worry about. The thing that Coppo and his team to well when it comes to scaling their company is what I call "time shifting capital". When they need it to deliver on their promises and when the customer pays for their products are disconnected, but there's profit in the transaction. Using capital that is designed to bridge that timing gap and allows the company to grow quicker than the balance sheet can absorb is smart. The risk v reward is in the right place to be able to pull forward the revenue coming, invest it into delivering and rinse and repeat. If you can do that and retain your ownership and control, you're onto a good thing. Hat tip to the Farmbot/Ranchbot team for helping farms focus on the stuff that is important for their families, and themselves. Coppo tells the long story here: https://lnkd.in/gk9cMePZ

Massive congratulations to the winners of 2024 #ELEVATE awards, who joined Andy Kessler, Viasat Enterprise and Land Mobile Vice President, on stage at our recent partner event. Please extend a 👏👏👏👏 to: 🏆 GALAXY 1 COMMUNICATIONS, LLC - Channel Partner of the Year *and* Marketing Partner of the Year 🏆 Farmbot Monitoring Solutions - Solution Provider of the Year 🏆 Globalsat Group - Deal of the Year 🏆 Pivotel Group - Fastest Growing Partner 🏆 Global Beam Telecom - UAE - Biggest Handset Partner of the Year Congratulations, and thanks for your hard work in making the ELEVATE ecosystem the dynamic and innovative place it is! #Satcom #IoT #IndustryAwards

Born out of NSW, Farmbot Monitoring Solutions are an IoT agritech company present across the pastures of Australia, in the US, and even involved in African water projects. They recently announced a AU$4.6million funding round, to increase expansion and become, the 'Atlassian of Ag.' Regarding Hardware: "You have to build it, package it, stock it and then sell it. You burn a lot of capital, but you don't see a return for three to six months" explains Co-Founder & CEO Andrew Coppin, as they factor how to use venture debt funding to their advantage to aid their scale objectives.   A zero-customer-churn company that has customers on their cap table, expansing rapidly with a specialist team, taking on the US to increase the Australian reputation of being amazing at AgTech?   Yes please. Plus, the whole farming thing too 🚜 Interview with Stephanie Palmer-Derrien now live here: https://lnkd.in/d376P3_7

🌍 Dive into this week's climate tech funding roundup ⬇️ ⚡ Molten Industries in San Francisco, CA, secured $25M in Series A funding to pioneer methane pyrolysis technology, paving the way for cleaner energy production. 🔋 Princeton NuEnergy in Bordentown, NJ, raised $30M in Series A funding to revolutionize lithium-ion battery recycling, boosting sustainable energy storage solutions. 🥩 Tender Food in Boston, MA, obtained $11M in Series A funding to innovate alternative meat production, driving forward sustainable food systems. 🚗 Kinetic Automation Pvt Ltd in Orange, CA, landed $21M in Series B funding to advance EV servicing robotics, accelerating the electric vehicle transition. 🔧 Sortera Technologies, Inc. in Fort Wayne, IN, secured $44M in Series C funding to enhance metal recycling technology, championing sustainable resource management. ⚡ M2X Energy Inc. in Rockledge, FL, raised $40M in Series B funding to develop cutting-edge gas-to-methanol technology, supporting the shift to cleaner energy. Global climate tech momentum: 💨 CuspAI in Cambridge, England, raised $30M in Seed funding for their AI-driven materials discovery platform, potentially transforming sustainable manufacturing. 🌾 Farmbot Monitoring Solutions in Sydney, Australia, secured $4.6M in Series A funding to advance agricultural robotics, enhancing sustainable farming practices globally. 🏠 Bisly - Scalable Building Automation in Tallinn, Estonia, obtained $6.7M in Series A funding to revolutionize energy-efficient building appliances, promoting sustainable urban development. ⚡ atmio in Hamburg, Germany, raised $5.5M in Seed funding to refine methane leak detection, intensifying efforts to reduce greenhouse gas emissions. 🥩 THIS in London, England, secured $25M in Series C funding to expand plant-based food options, driving sustainable nutrition alternatives worldwide. Stay updated on climate funding news: Get Climatebase Weekly in your inbox for more up-to-date funding news.

Farmbot Monitoring Solutions Secures $4.6 Million to Accelerate US Expansion Learn more & get our take 👇 https://lnkd.in/gDzHgage “Combining this capital with our impressive team in both Australia and the US will be instrumental in accelerating growth in the farming and ranching sectors.” — Andrew Coppin, Co-founder and Managing Director at Farmbot #farming #agriculture #SoANews

🍃 Early-Stage Deals of the week (6/17 - 6/23) by Sightline Climate (CTVC) (In case you missed them)  Princeton NuEnergy, a Bordentown, NJ-based lithium-ion battery recycler, raised $30m in Series A funding from Helium-3 Ventures, Samsung Ventures, Honda Motor Company, LKQ Corporation, SCG, Traxys North America, and Wistron Corporation.  CuspAI, a Cambridge, England-based genAI-driven search for new materials platform, raised $30m in Seed funding from Hoxton Ventures, Basis Set Ventures, FJ Labs, Giant Ventures, Lightspeed, Northzone, Tiferes Ventures, and Zero Prime Ventures. Molten Industries, a San Francisco, CA-based methane pyrolysis developer, raised $25m in Series A funding from Breakthrough Energy Ventures, Fifty Years, J4 Ventures, Jane Woodward, Mark Heising, Moai Capital, Peter Attia, Sozo Ventures, Steelhead Capital, UVC Partners, and Union Square Ventures.  Tender Food, a Boston, MA-based alternative meat maker, raised$11m in Series A funding from Rhapsody Venture Partners, Claridge Partners, Lowercarbon Capital, Nor’easter Ventures, and Safar Partners.  Maxterial, Inc., a Los Altos, CA-based sustainable advanced materials platform, raised $8m in Series A funding from Helios Climate Ventures, Mott Corporation, and QEMETICA.  Bisly - Scalable Building Automation, a Tallinn, Estonia-based energy-efficient building appliances maker, raised $6.7m in Series A funding from Aconterra, Pinorena Capital, and SmartCap Green Fund.  atmio, a Hamburg, Germany-based methane leak detection platform, raised $5.5m in Seed funding from Notion Capital, HCVC, Robin Capital, and Squareone.    Farmbot Monitoring Solutions, a Sydney, Australia-based agricultural robotics maker, raised $4.6m in Series A funding from Macdoch Ventures and Telstra Ventures.  forward earth, a Berlin, Germany-based automated carbon management platform, raised $3.4m in Pre-Seed funding from Speedinvest, Lucid Capital, and Revent, and received $1.3m in Grant funding from European Regional Development Fund (EFRE).  Stepwise, a Stavanger, Norway-based emissions reduction SaaS platform, raised $3.3m in Seed funding.

June saw $255M raised by ANZ startups 𝐖𝐡𝐚𝐭 𝐲𝐨𝐮 𝐧𝐞𝐞𝐝 𝐭𝐨 𝐤𝐧𝐨𝐰... — 31 Investments — Largest check: $100M raised by Samsara Eco — Capital raised YTD: $1.6B Congratulations on your raise! 1Breadcrumb Affinda Andromeda Aquila Archistar.ai Atticus Bearhug Bridgit Cannaponics Ltd Diraq Farmbot Monitoring Solutions GPN Vaccines HardFizz Klean - Sustainability for Retail Linkby Loopit.co Maxme MGA Thermal MyPremo Naked Rivals NRN - National Renewable Network Ofload Phonely (YC S24) Psylo Samsara Eco Sindy Labs Subble Switchboard The Leaf Protein Company TrueState YBL.AI #venturecapital #startups #startupaus

The Farmbot team are hitting the road! Elle and Kylie, from our Farmbot sales team, are hitting the road this month and will be available to connect with you across QLD and NT. Dates and locations are listed below. Whether you're an existing Farmbot customer or you're new to Farmbot, email [email protected] or [email protected] to book an in-person meeting. Now is the time to prepare your station for the Australian summer. Take control of your operation and give yourself peace of mind with #farmbot. #knowyourwater ☀️QLD Locations 📍Goondiwindi - Longreach Sun 14 Jul 📍Longreach - Mt Isa Mon 15 Jul - Tue 16 Jul 📍Mt Isa - Costello Tue 16 Jul Wed 17 Jul 📍Costello - Barkly Homestead Wed 17 Jul - Thu 18 Jul 📍Boulia - Tanbar Tue 30 Jul - Wed 31 Jul 📍Tanbar Station - Cunnamulla Wed 31 Jul - Thu 1 Aug ☀️NT Locations 📍Barkly Homestead - Daly Waters Thu 18 jul - Fri 19 Jul 📍Daly Waters - Katherine Show Fri 19 Jul - Sat 20 Jul 📍Katherine Show 📍Katherine Show - Daly Waters Sun 21 Jul - Mon 22 Jul 📍Daly Waters - Tennant Creek Mon 22 Jul - Tue 23 Jul 📍Tennant Creek - Alice Springs Tue 23 Jul - Wed 24 Jul 📍Alice Springs Wed 24 Jul - Fri 26 Jul 📍Alice Springs - Mt Chapple Campdraft Sat 27 Jul - Sun 28 Jul 📍Mt Chapple Campdraft - Anatye Sun 28 Jul - Mon 29 Jul 📍Anatye - Boulia Mon 29 Jul - Tue 30 Jul #summeriscoming #remotewatermonitoring #livestock #australianagriculture

As we continue to grow and scale our global reach, Farmbot Monitoring Solutions and our US company Ranchbot Monitoring Solutions are always on the look out for bright, like minded, agtech enthusiasts to join our teams, both here in Australia and the US. We are at an important stage of our journey, reaching new audiences while we continue to stay focused on real customer needs. As we experience strong growth across our different channels, we are looking for people who are passionate about changing the every day lives of farmers, graziers, ranchers and producers both here in Australia and globally. We are always looking for team members from a wide variety of backgrounds. Sales, research and development, innovation or customer service (just to name a few!). If you would like to join the Farmbot team please send your details to [email protected]. We'd love to hear from you! #knowyourwater #agtech #australianagriculture #farmbot #agritech #jobs #ranchbot

Farmbot Monitoring Solutions and Ranchbot Monitoring Solutions joined other key service providers at the Viasat Elevate Global Partners conference in California on Tuesday. Great to be in a room with so many industry friends (Pivotel Group ORBCOMM Canada to name a few) who are helping us change the face of agritech at a global scale. We were humbled today winning the Solutions Provider of the Year Award here in Carlsbad, California. Thank you to everyone who supports what we are doing here at Farmbot Monitoring Solutions and Ranchbot Monitoring Solutions. #knowyourwater #agritech #iot #agtech #satellite Viasat Enterprise