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Pairtree Intelligence secures investment from SVG Ventures Pioneer Fund following inaugural THRIVE APAC Accelerator.

Los Gatos, CA, December 6, 2023. 

Pairtree Intelligence, an Australian AgriTech innovator, has secured investment from SVG Ventures through the Pioneer Fund, following their participation in the inaugural THRIVE APAC Accelerator program. This marks the tenth investment by the Pioneer Fund this year.

The investment signals SVG Ventures growing engagement in the Australian AgriTech sector, following the launch of their APAC operations in July of 2022 in partnership with the Victorian Government. The Thrive APAC Accelerator program fills a prior support gap in the Australian eco-system, for growth stage companies ready to scale into international markets.  

Pairtree Intelligence simplifies the complexity of farm data management by providing seamless integrations with over 100 leading AgriTech companies. It combines data from previously incompatible digital sources, offering valuable reporting and insights to agribusinesses, government and researchers. This capability positions Pairtree as a leader in transforming agricultural data into actionable insights, enhancing farm management and decision-making.

As artificial intelligence increasingly drives more decision making and action across the Agricultural industry, it is critical to enable seamless integration and co-ordination of data from the ever-growing list of sensors and software platforms used across the supply chain.

SVG Ventures believes that the co-ordination of these data flows will be increasingly important to efficiently measure, report, and validate the scope 3 emissions of farmers. With Pairtree farmers can provide and control their flow of data, reducing their compliance burden and giving them choice in the on-farm technologies they deploy.

The CEO and Founder of Pairtree, Hamish Munro, expressed enthusiasm about the investment, stating:

“We are excited to welcome SVG Ventures’ investment in Pairtree, as we commence a collaborative journey ahead. This partnership aligns with our vision for the AgriTech sector between Australia and North America. SVG Ventures |Thrive expertise and network in North America will be instrumental in our expansion and integration efforts between the two continents.

Working with the global Thrive eco-system will enable opportunities for cross-continental collaboration. By harnessing the impact of data behind the farm gate for increasing production, and leveraging the scale of global agribusinesses corporates, we aspire to drive innovation and contribute to the sustainable growth of the Agritech sector on both continents.”

“We have been very impressed with Pairtree’s technology platform and team and their traction in the Australian marketplace” said John Hartnett CEO of SVG Ventures|THRIVE, “We welcome them to the THRIVE community and look forward to helping them to rapidly scale in the North American and global markets through THRIVE’s extensive ecosystem”

About the SVG Ventures Pioneer Fund

The Pioneer Fund is SVG Ventures’ third fund. The CAD $75 million fund supports global agrifood start-ups developing innovative and sustainable technologies.

SVG Ventures | THRIVE is the leading global agrifood investment and innovation platform headquartered in Silicon Valley, and comprised of top agriculture, food & technology corporations, universities, and investors. With a community of over 10,000 startups from over 100 countries, the THRIVE platform invests, accelerates, and creates unparalleled access for entrepreneurs to scale globally to solve the biggest challenges facing the food and agriculture industries. Learn more at thriveagrifood.com.

About Pairtree

Pairtree collaborates with 100+ leading AgTech companies to give farmers and the agricultural industry the ability to integrate farm data from previously incompatible sources, improving data-backed decision making, streamlined reporting, safe data sharing and the development of new services for agricultural businesses. For more information visit: pairtree.co

Media Contact

Helen Hartnett

Helen.hartnett@svgventures.com

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