Folklore Ventures

We believe in the power of founder vision and the potential of teams — from first cheque to forever.

[Octopusbot @Octopusbot1]

It's exciting to see Octopusbot featured in The Land, highlighting our partnership with Elders and our mission to help growers make more confident decisions, earlier in the season.

With seasons becoming more unpredictable, growers need more than just a weather forecast. Octopusbot combines accurate weather forecasting with AI-powered crop production forecasts, giving growers earlier visibility to plan inputs, manage risk, and make better decisions before the rest of the market.

Founder Carolina Ferreira explains, "We don't see AI ever replacing farmers, agronomists, brokers or human judgement. We see AI as a decision-support tool."

A big thank you to Jessica Owers and The Land for sharing our story, and to Elders and all of the growers, customers and partners who continue to support our mission.

Read the full article: https://t.co/vFNi01E9jp

#Octopusbot #AgTech #AgriTech #ArtificialIntelligence #Agriculture #Farming #CropForecasting

[STARTUP DAILY @StartupDailyANZ]

Octopusbot banks $1M to weaponise AI grain forecasts 7 months early, helping farmers beat market chaos. https://t.co/HNgdzOm41G

[Octopusbot @Octopusbot1]

We’re proud to be featured in The Australian, highlighting Octopusbot’s partnership with Elders and our mission to bring earlier, more accurate intelligence to growers and agribusinesses.

By combining weather, satellite, historical yield, planted area, supply and demand, and commodity market data, our AI models achieved 95% production forecast accuracy seven months ahead, increasing to 97.4% in the final estimate.

This is another important milestone as we continue expanding globally and helping the agriculture industry make better decisions, before the market catches up.

Thank you to @jaredm_lynch and @australian for sharing our story, and to @EldersLimited, @Folklorevc, No Brand and all our customers and partners supporting the journey.

Read the full article: https://t.co/bTybqEKkfC

#Octopusbot #AgTech #AgriTech #ArtificialIntelligence #Agriculture #CropForecasting #FoodSecurity

[APDR @APDR_APAC]

Thales and Visionary Machines partner on passive counter-drone detection

https://t.co/s2r9ijhvYg

#Thales #VisionaryMachines

[APDR @APDR_APAC]

New Arkeus facility unveiled in Queensland

https://t.co/eJJpFdAWUV

#Arkeus

[Folklore Ventures @Folklorevc]

Blink and you may have missed it. Here's what some of our portfolio have been up to: https://t.co/R1T2c5S0RO

[Summ @summ_app]

GM

[Folklore Ventures @Folklorevc]

Arkeus is taking Australian-made innovation around the world —

Simon Olsen, co-founder and CEO of Arkeus, spoke to the company's technological differentiation and engineering capability, as well as the strategic importance of export markets in scaling their vision, in conversation with @australian: https://t.co/VJnLROpUca

[opnmagazine @OPNmagazine]

Arkeus raises US$18 Million.

The company will use the funds to expand its global reach and scale its hyperspectral optical radar technology. https://t.co/YV2yJCwRao

[Albert Bielinko - Partner, Folklore Ventures @bielinko]

Civilisation advances because some people are willing to bet on tomorrow... Australia should be doing everything possible to encourage those people to build businesses here.. no nation can remain prosperous after teaching its most ambitious people that they are unwelcome.

[PR Newswire Top Stories @PRN_TopStories]

Arkeus Announces $18M Series A to Scale AI Sensing Systems for Autonomous Platforms Operating in Contested Military Environments https://t.co/nRerk1KvqN

[Folklore Ventures @Folklorevc]

"We were drawn to Arkeus because of the strength of Simon Olsen, Jonathan Nebauer and the founding team, and what we see as a significant technological differentiation in a market that is attracting serious and sustained attention."

Read what @bielinko shared with the @WSJ on our recent investment in Arkeus: https://t.co/UpcJTm5DnO

[The SaaS News @TheSaaSNews]

Arkeus Raises $18 Million Series A

#AI #MilitaryAI #AISensing #AutonomousSystems #AI #MilitaryTechnology #SeriesA #Funding #Arkeus

https://t.co/1UQoArlL88

[STARTUP DAILY @StartupDailyANZ]

Melbourne defence tech startup Arkeus has raised $25 million at a $100 million valuation in a in Series A round led by QIC Ventures. The round drew new investors R+VC,... https://t.co/yvAhyKW5Fe

[Folklore Ventures @Folklorevc]

We're delighted to announce our investment in Arkeus' A$25M Series A.

Meet Arkeus: The advanced technology company building the “eyes and brain” for autonomous systems: https://t.co/2HKKWY803r

[Folklore Ventures @Folklorevc]

Blink and you may have missed it.

Here's what some of our portfolio have been up to: @get_sphere @summ_app @AurorHQ @wearewonde @Simconverse Visionary Machines @TeamHullbot

https://t.co/yZaeNiHlD0

[Folklore Ventures @Folklorevc]

Blink and you may have missed it. Here's what some of our portfolio have been up to: https://t.co/81jeQe6qRF

@get_sphere @wearewonde @summ_app @Simconverse @AurorHQ

[Build Club @buildclub_]

✨Highlights from Build Club Sydney x Folklore Ventures AI Hackathon ✨

From zero to shipped in hours 🤯 83 engineers & founders teamed up in Redfern to build and demo AI apps 🚀

Big thanks to @Folklorevc for backing us and @Lovable & @RelevanceAI_ for supporting the ride!!

[Annie ❤️‍🔥 @AnnieLiao_2000]

Sydney, Australia - we are back! ✨

Join @Lovable and @Folklorevc for a fun hack on the future of applied AI - hacking solutions for the future of life and work.

Date: 11th April
Location: Folklore offices

Credits supplied :)

RSVP 🧵