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About SproutX

SproutX, an accelerator and incubator program founded in 2016, is based in Melbourne, Australia. With a presence in 4 countries, it has supported around 28 startups in sectors like Food and Agriculture Tech, High Tech. As of Apr 2026, SproutX has witnessed 1 portfolio exit. Most notable companies in its portfolio include TeleSense, AgMesh and PairTree. The program primarily supports Seed startups based in Australia. Its latest investment was a Undisclosed Seed round in Smart Foal on 2019.
Key Metrics
Founded Year
2016
Location
Melbourne, Australia
Portfolio Companies
Stages of Investment
Seed
Locations of Investment

SproutX's List of Top Investments

SproutX has a portfolio of 28 companies. Their most notable investments are in Smart Foal and Mobble.Their portfolio spans across Australia, United States, Colombia and 1 more locations. They have invested in Food and Agriculture Tech, High Tech, Enterprise Applications and 7 other sectors, across stages such as Seed stage. Here is the list of top investments by SproutX:
Agricultural commodity monitoring solutions using wireless sensors and advanced analytics. The company provides grain managers with actionable insights about their stored grain, enabling informed storage decisions. They offer a suite of sensors that continuously monitor grain conditions and send alerts to a software application accessible on computers, smartphones, or tablets. The company also retrofits traditional temperature cables to make them wireless. Their solutions address issues like excessive moisture, mold, and insects, simplifying grain quality management in storage. By analyzing data such as current grain conditions and local weather, they provide specific recommendations for grain quality management. They offer features like grain conditioning, spoilage detection, and risk zone detection. The company's products cater to various storage types, including bins, silos, piles, and bunkers. They also monitor potato and seed storage, ensuring optimal conditions. The company's services reduce manual effort, save time, and proactively manage grain quality, maximizing profitability. This is a SaaS based solution.

Key facts about TeleSense

AgMesh is a technology company that designs and develops Internet of Things-enabled hardware and software solutions for the agricultural sector. Its portfolio comprises a water level sensor for livestock which includes an inbuilt RFID scanning system that allows the farmers to remotely monitor grazing animals by using the RFID numbers within each RFID ear tag.

Key facts about AgMesh

Provider of farm analytics and monitoring solutions. It allows data stacking and allows users to compare, visualize and analyze information from different sources. Compare historic weather data with yield records, paddock satellite images with cattle weights, futures prices with weather forecasts.

Key facts about PairTree

  • Founded Year: 2018
  • Location: Orange (Australia)
  • Stage: Seed
  • Total Funding till date: $465K
  • Employee Count: 7 as on Mar 31, 2026
  • Investors: THRIVE, x15ventures and 4 Others
  • Latest Funding Round: Seed, Dec 15, 2023, $*****
Mobble provides livestock farm management solutions. It offers cloud-based software that enables users to record livestock numbers, stocking rates, treatments, paddock events, season histories, farm operations, etc. Users can also track livestock and collaborate with workers in real-time to manage multiple operations.

Key facts about Mobble

AgUnity provides a blockchain-based mobile app for small farmers and co-operatives. The app enables the co-operatives and farmers to keep a record of transactions on an incorruptible blockchain ledger. Provides smartphones that enable small farmers to sell harvests and buy supplies via the app.

Key facts about AgUnity

SproutX's Investments by Stage

SproutX has made 5 investments in Seed stage with an average round size of $35.2K.

SproutX's Investments by Sector

SproutX has a diverse portfolio, with companies operating in the Food and Agriculture Tech, Consumer Goods, Enterprise Applications, Environment Tech and Sustainability Tech. Notably, it has invested in 22 Tech companies, 20 Enterprise (B2B) companies, 16 Software companies and at least 7 companies focusing on Tech hardware.
Here are SproutX's investments by sector:
Sector
No. of Investments
Food and Agriculture Tech
3
Consumer Goods
2
Enterprise Applications
2
Environment Tech
2
Sustainability Tech
2
Others
4
Breakdown of SproutX's investments by sectorsFood and Agricult... (3)Consumer Goods (2)
Note: We have considered here, only first round of investments

SproutX's Investments by Geography

SproutX has made most investments in Australia (4), followed by United States where it has made 1 investment.
Here are SproutX's investments by geography:
Country
No. of Investments
Australia
4
United States
1
Breakdown of SproutX's investments by countriesAustralia (4)United States (1)
Note: We have considered here, only first round of investments

SproutX's recent investments

SproutX has not made any investment in 2026 so far.
Here are the most recent investments by SproutX:
Date
Company
Location
Round Details
Round Amount
Co-Investors
2019
Australia
Seed
4935
-
May 02, 2019
Australia
Seed
4969
-
Jul 11, 2017
Australia
Seed
6019
-
Jul 10, 2017
United States
Seed
7279
-
2017
Australia
Seed
6034
-

Acquired companies in SproutX's Portfolio

1 company from SproutX's portfolio has been acquired. The most recent acquisition were TeleSense in Sep 2022 by Deccopostharvest.
Here are SproutX's portfolio companies that got acquired most recently:
Company
Acquisition Date
First Invested on
First Round of Investment
Round Size
Sep 19, 2022
-
-
5743

Co-investors of SproutX

Over the past 9 years, 3 investors have co-invested in SproutX's portfolio companies. This includes only funds.

  • Invested after SproutXA total of 3 investors have invested in SproutX's portfolio after their investments. Top Investors include Artesian (1 company) and HAX (1 company).

Recent News related to SproutX

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FAQs about SproutX

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