PORTFOLIO
Goterra
Billions of tonnes better
At a glance…
Year Founded: 2016
Stage: Series B
Category: AgTech for Waste Management
Location: Hume, ACT, Aus
Total Funding: AUD $20M+
Backed by Rampersand: 2018
Goterra is revolutionising waste management with its decentralised, modular technology, turning food waste into high-value protein and fertiliser with insects and robotics.
Goterra is delivering fully circular outcomes on top of C02-e reductions of up to 97% compared to landfills. At the core of Goterra’s innovation are MIBS (Modular Infrastructure for Biological Services) and Frass. MIBS are autonomous, climate-climate insect farms utilising black soldier fly larvae to process organic waste at or near its source efficiently. This reduces waste transportation costs, minimises methane emissions, and produces valuable by-products that contribute to regenerative farming and food security, which is an essential point as we face a food production shortfall of 20%, as predicted by 2050. The by-products include insect protein, a high-value product for livestock feed, especially in aquaculture and poultry markets and pet feed. Frass is an organic fertiliser that promotes soil health and water solubility.
Unlike traditional waste management systems, Goterra’s approach is scalable, integrates into existing systems, and requires less infrastructure investment. It is ideal for businesses, councils, and food producers seeking to meet sustainability targets.
Goterra is at the forefront of integrating nature with automation, proving that waste is not an endpoint but a resource.
We love Goterra because:
The company is led by an accomplished, experienced team that has developed a product with a clear market advantage through unique waste management technology. Goterra’s unique IP marks a change in waste management and a solution to growing infrastructure challenges. Jurisdictions worldwide recognise the cost of organic waste and impose penalties and financial incentives for management, with Goterra one of the few capable providers.
Funding timeline
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Rampersand
Grok Ventures
Giant Leap
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Flying Fox Ventures
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Tenacious Ventures
Grok Ventures
Giant Leap
Eleanor Venture
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Flying Fox Ventures
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Rampersand
Tenacious Ventures
Pollination
Investible
Inclimo Climate Tech Fund
Meet the founder
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Olympia Yarger
FOUNDER, CEO
Olympia Yarger is a climate action warrior, a maggot farmer and founder of the Insect Protein Association of Australia.
She was the 2023 ACT Australian of the Year and has even had a fly named after her by the CSIRO (Hermetia Olympea, a soldier fly species from the Daintree rainforest).
Proven performance, not empty promises
“We partnered with Rampersand because they share our vision of a future where nature and automation work together to solve the food waste and climate crisis. Their proactive support, expertise, and collaborative approach have been instrumental in advancing Goterra’s mission since 2018.”
OLYMPIA YARGER, CEO & FOUNDER OF GOTERRA
Looking to join the Waste Management Revolution?
Goterra is always looking for people who are as excited about solving the climate crisis as they are!
Goterra in the news
Looking for VC fund investment? Get in touch!
Our doors (or inboxes) are open! We aim to be as accessible as possible to all Founders with great ideas from all walks of life. Even if it's just a kernel of an idea, please don't think it's too early to reach out.