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§ Private Profile · Canberra, Australian Capital Territory, Australia
Autonomous waste management systems using insect robots to process food waste into insect meal and soil conditioner.
Goterra, based in Canberra, Australia, develops innovative autonomous waste management systems utilizing insect-based technology to process food waste on-site. The company's modular units employ maggot-filled robots to convert food waste into high-protein insect meal for stock feed and nutritious frass soil conditioner, thereby actively supporting a circular economy. Goterra has impressively and rapidly scaled its operations significantly, processing up to 45,000 tonnes of food waste per week as of 2021, and maintains a team of 21-50 employees. The firm secured a significant A$8 million in Series A funding, with Grok Ventures and Tenacious Ventures leading the investment round. Founder Olympia Yarger, recognized as the 2023 ACT Australian of the Year, has also successfully raised additional capital through crowdfunding. Goterra was founded in 2016 by its visionary leader, Olympia Yarger.
Goterra has raised $5.5M across 1 funding round.
Goterra has raised $5.5M in total across 1 funding round.
Goterra has raised $5.5M across 1 funding round. Most recently, it raised $5.5M Series A in July 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 2, 2020 | $5.5M Series A | Grok Ventures, Matthew Pryor | — | Announced |
Goterra has raised $5.5M in total across 1 funding round.
Goterra's investors include Grok Ventures, Matthew Pryor.