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Climate infra · Active · Fund II

Goterra

Billions of tonnes
better.

SectorClimate infra
Entry2018
Rampersand roleSeed · co-lead
StatusActive · Fund II
Founded
2016
Canberra
Founder & CEO
Olympia Yarger
2023 ACT Australian of the Year
Rampersand role
Co-lead
Multi-round · Lead
Latest round
A$10M
Bridge · Dec 2023
Case film · 004TC 00:00:00:00
Source9 News
Press · 9 News

Maggots, making a big dent in Sydney’s food waste.

Runtime2:56FormatBroadcastDept.Portfolio
Watch on YouTube
Why we invested

Why Goterra,
and why then.

Food waste is both the simplest and most intractable climate problem. We throw out a third of what we grow, and when we throw it out, it becomes one of the most potent greenhouse gases we emit. Most solutions either don't scale or don't work.

Olympia Yarger walked us through the insect-bioreactor pitch and we left with a conviction we haven't shaken since: a rare deep-tech company that works at the unit economics of waste management today, not in some hypothetical future. The science (black soldier fly larvae) is real; the engineering (modular, robotic, stackable shipping-container farms) is the breakthrough.

Goterra's modular bioreactors now process tonnes per day for supermarkets, councils and defence. Olympia was named 2023 ACT Australian of the Year for the work.

The journey so far

Goterra ×
Rampersand

2020

Series A

Tenacious Ventures and Grok co-led Goterra's Series A; Rampersand participated as early backer.

A$8M
2022

Woolworths rollout

Opened an Albury facility and expanded the Woolworths zero-landfill food-waste partnership.

2023

Bridge round

Bridge backed by Grok and Tenacious to open a Western Sydney facility.

A$10M

Partner

HS

Helen Souness

Venture Partner

Board observer since 2018. Helen has been the Goterra sounding board through every hardware pivot and enterprise contract.

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