Legacy Finance Eyes Agtech, with Wells Fargo

Legacy Finance Eyes Agtech, with Wells Fargo

While early-stage agtech tends to play in the venture world, it pays to check in with how folks sitting in banking think about their role as partners to startups. Traditional lenders can draw on the best part of a century of connection to agriculture, and potentially offer significant options for financing the growth of later-stage companies.

This week we heard from Romie Basra, Senior VP, National Sustainable Tech Practice Leader, and Karol Aure-Flynn, Food and Agribusiness Industries Advisor at Wells Fargo. As investors and lenders in traditional agriculture, as well as to other tech movements that have boomed (and busted) in recent memory, Romie and Karol joined to speak about:

  • Cleantech vs. agtech. How investors in the previous waves of cleantech think about the challenges facing the new generation of startups in ag
  • Financing options for startups. What role a legacy provider of finance like Wells Fargo wants to play for growing agtech companies
  • Scaling in indoor ag. How a bank thinks about the barriers to scale for companies in a space like indoor agriculture
  • Value props to institutional lenders. Why the “unsexy” elements of startup scale matter most to institutional lenders

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Episoder(203)

E45 Andrew Whitlock (Theme: getting agtech ready)

E45 Andrew Whitlock (Theme: getting agtech ready)

In this episode we hear from Andrew Whitlock, a farmer and precision agriculture consultant. Andrew has worked with many farmers over the years, both as a government extension officer and as a private...

11 Jul 201929min

Ep 44: Karin Stark and Jon Elder (responding to climate risk)

Ep 44: Karin Stark and Jon Elder (responding to climate risk)

Cotton farmers Jon Elder and Karin Stark have looked to technology (and their neighbors) for innovation to help them respond to climate risk. The 500 kW hybrid solar-diesel pumping system they’ve inst...

24 Jun 201916min

Episode 43: Jess and Matt Fealy (Theme: getting agtech ready)

Episode 43: Jess and Matt Fealy (Theme: getting agtech ready)

Which countries are best prepared for agtech? And what can farmers do to get started today?In this episode we hear from a farming couple, Jess and Matt, about social media, robotics, and picking low h...

11 Jun 201918min

Episode 42: Anika Molesworth (Theme: responding to climate risk)

Episode 42: Anika Molesworth (Theme: responding to climate risk)

Anika Molesworth is a passionate advocate for sustainable farming and climate change action. She can be heard on stage and in classrooms in Australia and abroad on the balance of rural landscapes and ...

30 Mai 201930min

Episode 41: Lachlan Sutton, Southern Cross Farms (Theme: getting agtech ready)

Episode 41: Lachlan Sutton, Southern Cross Farms (Theme: getting agtech ready)

Lachlan Sutton, Agribusiness Manager for Southern Cross Farms, has been involved with agriculture for his whole life. He was born and bred on his family’s sheep and wheat farm, worked in various rural...

14 Mai 201925min

Episode 40: Tim Rethus (Theme: Getting AgTech Ready)

Episode 40: Tim Rethus (Theme: Getting AgTech Ready)

Tim Rethus and his family are cropping farmers near Horsham in Victoria who have made a commitment to “sustainable, low cost farming”. As early adopters and innovators, the family has always been on t...

30 Apr 201934min

Episode 39: An Update from AgTech - So What

Episode 39: An Update from AgTech - So What

Sarah here with a quick update on what's new and coming soon at AgTech - So What!

8 Apr 20194min

Episode 38: Angus Street, AuctionsPlus

Episode 38: Angus Street, AuctionsPlus

Angus Street - CEO, Auctions Plus This week AgTech So What? Comes to you live from the Sydney AgTech Meetup. Sarah Nolet hosts a conversation with Auctions Plus CEO Angus Street. It's one of the Top ...

26 Mar 201925min

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