Icehouse Ventures leads $12.7m capital raise for Australian ag-tech startup

Number 8 Bio's NZ born co-founder Tom Williams down on the farm. (Image: Number 8 Bio)

Wed, 12 Nov 2025

Australian-based ag-tech company Number 8 Bio has raised A$11 million (NZ$12.7m) in a series A round to fund regulatory approvals in New Zealand and Europe. It will also pay for large-scale animal trialsThe raise was led by NZ venture capital firm Icehouse Ventures and is intended to accelerate the commercialisation of its livestock feed product BetterFeed. Australia VC firm Main Sequence Ventures and ONE Ventures of Japan also took part in the series A round.Number 8 Bio says independent trials have demonstrated up to 90% methane reducti...

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