$11m agtech incubator to grow drought resilience startups


Joseph Brookes
Senior Reporter

Australia’s first drought resilience startup incubator will run this year, housing eight agtechs and providing assistance to nearly 100 others. With almost $11 million in federal funding, the incubator will focus on commercialising cutting edge solutions like soil moisture retention and microclimate detection.

The incubator, dubbed Drought Venture Studio, will cast a wide net over two years, also considering indirect drought resilience options like generating new revenue streams for farmers, …

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