Chinese company Shandong AWT Biotech has created a safe, healthy stimulant that, added to mango storage boxes, turns them into ‘mobile ripening chambers’, enabling suppliers to ripen mangoes fast, anytime, anywhere.
AgFunder’s mid-year investment report has found that ‘innovative food’ start-ups, notably those in the alt-protein space, attracted more investment capital in the first half of 2020 than in the entire previous year.
The ARC Industrial Transformation Training Centre for Chemical Industries is offering agrifood-tech companies the chance to fund and mentor promising Masters-degree students (and potential recruits) – and to own the resulting IP.
Start-ups that surmount the ‘proof-of-concept’ hurdle have a better shot at attracting investors, but the scale-up stage comes with its own challenges, and expert support during this time can be vital.
UNE’s SMART Regional Incubator has launched an initiative connecting government, industry and research partners in “a network of innovative agricultural growth businesses that aims to deliver on Australia’s regional growth agenda”.