Business Daily Media

The Times Real Estate

.

Australian tech leading new digital biosecurity infrastructure

  • Written by PR Newswire

SYDNEY, July 31, 2024 /PRNewswire/ -- With highly pathogenic avian influenza expected to hit our shores in as little as six weeks, a real time biosecurity threat management system will be critical to response and recovery, according to Adrian Turner, co-founder of Australian tech startup ExoFlare.

ExoFlare has come out of stealth mode to launch a new category to protect global food systems: biosecurity threat management. Interest is already very strong, with Seed investors including VC fund Salus Ventures that led the round and W23.

ExoFlare's solutions were launched in 2022 by Silicon Valley veteran Adrian Turner and strategic risk expert Chris Aitken. The first products, which utilise ExoFlare's Biosecurity Threat Management Platform, have already been adopted across the pork, sheep, cattle, goat, poultry and egg sectors. ExoFlare is running on more than 400 poultry and egg sites, providing the ability to dynamically adjust site level quarantine rules.

"The industry-led biosecurity threat management category is going to be critical to protecting the domestic agriculture sector. It's also going to establish a new export industry for Australia to help protect the global food system," Adrian says.

Lead investor, Salus Ventures General Partner Dan Bennett says ExoFlare's solid credentials and data-driven approach made it a compelling investment opportunity.

"Our mission to build Australia's national resilience is brought to life when we partner with visionary teams. The exceptional qualities, values and reputations of co-founders Adrian Turner and Chris Aitken really drove us to lead the investment in the Seed Round," he says.

Cultiv8 Funds Management Partner Malcolm Nutt said the specialist agrifood tech fund was excited about ExoFlare for its ability to help producers, sectors and entire ecosystems manage threats such as avian flu. "We are seeing these issues play out right now, in the dairy sector in the US and in poultry in Australia," he says.

Ingrid Maes, Managing Director of W23, said their investment was driven by the track record of the team and a recognition that biosecurity is only going to become more important.

"We believe that an uplift in agfood biosecurity can be achieved in a way that benefits the whole value chain, leveraging common infrastructure."

The business currently has two products in market: ExoFlare People, to biosecurity risk assess people movements; and ExoFlare Transport, to assess transport journeys. More products are in development.

Read more https://www.prnasia.com/story/archive/4470408_AE70408_0

Empowering small businesses: Localsearch rolls out affordable digital solutions

New suite of digital solutions designed to boost visibility, engagement, and customer acquisition In response to a rapidly evolving digital lan...

Why Responsible Leadership is a Competitive Advantage for Small Businesses

In today’s fast-changing business landscape, leadership is evolving. While large corporations are reassessing their diversity, equity, and inclusi...

Why it’s a great time to include the EU in your export push

With the US market beset with unknowns, training your sights on mainland Europe in 2025 makes sound sense. Wondering whether the introduction o...

Success Isn’t About Labels—It’s About Mindset

In the lead up to International Women’s Day, I’ve been reflecting on my own success as a business owner and whether or not being a woman has playe...

Accelerate Action- Thryv champions women in business for International Women’s Day

Thryv® (NASDAQ: THRY), provider of the leading small business software platform, is celebrating International Women’s Day by shining a spotlight o...

Sydney Startup Launches AI Platform To Lead the Charge on Gender Pay Gap Action

EvenBetter.ai launches in Australia with First Customers Knight Frank and Fuji Australia Sydney-based startup EvenBetter.ai has today launched th...

Sell by LayBy