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SproutX company logo
Incubator/Accelerator
BUSINESS PRODUCTS & SERVICES | Consulting & Outsourcing / Management & Strategy Consulting
sproutx.com.au

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Investments

29

Funds

1

Partners & Customers

4

About SproutX

SproutX is the centre of Australia's $1.2 trillion agriculture opportunity. Through the SproutX Pre-Accelerator, Accelerator and Co-working space programs, innovation within the sector is enabled through the empowerment of entrepreneurs.

SproutX Headquarter Location

Level 1 459 Little Collins Street

Melbourne, Victoria, 3000,

Australia

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SproutX Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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SproutX Rank

Latest SproutX News

SproutX launch Business of Agriculture Pre-Accelerator Program to boost AgTech Entrepreneurship in Victoria

Feb 23, 2022

SproutX, an initiative from Findex, has announced that it will launch their Business of Agriculture Program in March 2021 to attract new entrants to the AgTech sector. The national early stage AgTech mentorship accelerator and pre-accelerator program provider will look to expedite science and technology entrepreneurs into Victorian agribusinesses.{loadads} SproutX has partnered with LaunchVic who recently announced a $2.2 million injection into their AgTech Pre Accelerator program, as well as The University of Melbourne and Marcus Oldham College. Funding from the state innovation agency LaunchVic will be used to run the two-year project, with a target to foster 70 incorporated startups by 2024. “We believe that increasing the volume of entrepreneurship at ideation stage will have a flow on effect and number of startups that grow into investment-ready opportunities down the track,” said Maxie Juang, SproutX Community Manager. “Through the SproutX Business of Agriculture Pre-Accelerator Program, we aim to boost the number of investment-ready AgTech startups from Victoria. We are excited to be partnering with the University of Melbourne and LaunchVic in delivering world-changing ideas that are ready to be commercialised.” Kate Cornick, CEO of LaunchVic, “SproutX provides word-class commercialisation support for founders tackling the agriculture sector’s biggest challenges - taking new ideas from farm gate to plate. With support from LaunchVic, we’re delighted to see the team join forces with the University of Melbourne to take 154 aspiring entrepreneurs through The Business of Agriculture Pre-Accelerator Program, a new initiative designed to engage non-traditional participants in the Victorian startup ecosystem.” The pre-accelerator program is a free 10-week online course and will run an autumn and a spring cohort each year.  The online workshops and farm tours will cater to individuals from tertiary research, academic, and corporate R&D participants to consider commercial opportunities through startup. SproutX has built a strong reputation since launching 2016 and has an active portfolio of 26 food and AgTech startups, from pre-seed to Series A. {loadads}{loadmtreelistings -1}

SproutX Investments

29 Investments

SproutX has made 29 investments. Their latest investment was in Smart Foal as part of their Seed on April 4, 2019.

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SproutX Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/25/2019

Seed

Smart Foal

$0.04M

Yes

1

4/25/2019

Seed - II

Secure Impact

$0.04M

Yes

1

4/25/2019

Seed

PairTree

$0.04M

Yes

1

4/25/2019

Seed

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$99M

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10

4/25/2019

Seed

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$99M

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10

Date

4/25/2019

4/25/2019

4/25/2019

4/25/2019

4/25/2019

Round

Seed

Seed - II

Seed

Seed

Seed

Company

Smart Foal

Secure Impact

PairTree

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Amount

$0.04M

$0.04M

$0.04M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

1

1

10

10

SproutX Fund History

1 Fund History

SproutX has 1 fund, including SproutX Agtech VC Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

3/16/2017

SproutX Agtech VC Fund

$7.68M

2

Closing Date

3/16/2017

Fund

SproutX Agtech VC Fund

Fund Type

Status

Amount

$7.68M

Sources

2

SproutX Partners & Customers

4 Partners and customers

SproutX has 4 strategic partners and customers. SproutX recently partnered with Mildura Regional Development on February 2, 2018.

Date

Type

Business Partner

Country

News Snippet

Sources

2/27/2018

Partner

Australia

Agtech hub SproutX partners with Mildura Regional Development to open regional coworking space

`` So , with such a strong local agricultural economy , it makes a lot of sense for SproutX and Mildura Regional Development to partner to jumpstart the startup ecosystem and carry on the innovative traditions through technology . ''

1

7/25/2017

Partner

Australia

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10

7/24/2017

Partner

Australia

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10

3/28/2017

Partner

Argentina

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10

Date

2/27/2018

7/25/2017

7/24/2017

3/28/2017

Type

Partner

Partner

Partner

Partner

Business Partner

Country

Australia

Australia

Australia

Argentina

News Snippet

Agtech hub SproutX partners with Mildura Regional Development to open regional coworking space

`` So , with such a strong local agricultural economy , it makes a lot of sense for SproutX and Mildura Regional Development to partner to jumpstart the startup ecosystem and carry on the innovative traditions through technology . ''

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Sources

1

10

10

10

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