Export

Issue No. 7 - October/November 2002

Agrilink Capitalises on Technology

Agritechnology company, Agrilink Holdings Pty. Ltd, has secured $20 million in venture capital investment to assist its international expansion since its foundation five years ago, thanks to a recent injection of $10 million on the back of major US export growth.

Agrilink CEO Nigel Robinson believes this is the largest venture capital support ever for a South Australian technology company.

“It is a real breakthrough for the State,” Nigel says of the latest capital injection. “Venture capitalists are very skeptical people and there was an enormous amount of due diligence—it took six months.”

Established in 1997 in Adelaide, Agrilink now employs nearly 70 staff across Australia and the US, with its technology and services used in irrigated agriculture in 25 countries worldwide.

The venture capital funds will enable Agrilink to accelerate exports to world markets and to implement its plans for the rollout of its latest technology, ...

The rest of this article is available to in-business subscribers.
If you are a subscriber, please log in - click here.

Established in 2001, in-business is South Australia's leading independent local business knowledge source. We offer subscribers:

• a high quality bi-monthly magazine
• password access to our complete archives online from Issue 1
• regular SNAPSHOTS eNewsletter
• optional listing in our magazine business services directory called 'the team'

in-business has become one of South Australia's best networking packages delivering readers untold business opportunities.

To subscribe click here, or to receive a free trial copy click here.