AgriWebb’s $30 Million Capital Raising

Johnson Winter & Slattery has advised AgriWebb.

Digital livestock management company AgriWebb has raised $30 million in a round led by TELUS Ventures, the strategic investment arm of Canada’s TELUS.

AgriWebb provides cloud-based farm management software that helps farmers digitise their business and enable data driven decision making to increase productivity, traceability and sustainability. The company was founded by Justin Webb, Kevin Baum and John Fargher in 2014 and now manages over 14 million cattle across 100 million acres worldwide, including more than 15 per cent of Australia’s national cattle herd.

Other funders in the round include the Australian Government-backed Clean Energy Finance Corporation, The Duke of Westminster’s agtech investment fund, The Wheatsheaf Group, and private investors such as the founder of Dunbia, the European meat processor. Funds will go towards helping AgriWebb accelerate its growth, initially focusing on the UK and the Americas.

The Johnson Winter & Slattery team was led by Partner Amit Jois (Picture) and included Partner Ravi de Fonseka, Special Counsel Andrew Ricciardi and Associate Katherine McNamara.

Involved fees earner: Ravi de Fonseka – Johnson Winter & Slattery; Amit Jois – Johnson Winter & Slattery; Katherine McNamara – Johnson Winter & Slattery; Andrew Ricciardi – Johnson Winter & Slattery;

Law Firms: Johnson Winter & Slattery;

Clients: AgriWebb;


Author: Michael Patrini