Azaneo Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 9

Employees

  • Latest Deal Type
  • Grant

  • Latest Deal Amount
  • $142K

  • Investors
  • 9

Azaneo General Information

Description

Developer of an agricultural device designed to revolutionize agricultural weed control for sustainable food production. The company's device uses novel microwave technology to treat increasingly pesticide-resistant weeds, reduce chemical usage, and prevent yield losses from disease to control all weed species without waiting for better weather conditions, enabling farmers to access an economical means of herbicide-free weed control to enhance farming efficiency and sustainability.

Contact Information

Website
www.azaneo.au
Formerly Known As
Growave
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 4 Cornwallis Street
  • Eveleigh
  • Sydney, New South Wales 2015
  • Australia
Primary Industry
Other Agriculture
Other Industries
Other Hardware
Vertical(s)
Corporate Office
  • 4 Cornwallis Street
  • Eveleigh
  • Sydney, New South Wales 2015
  • Australia

Azaneo Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Azaneo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Grant 01-Jan-2025 $142K Completed Generating Revenue
6. Accelerator/Incubator 01-Nov-2023 Completed Generating Revenue
5. Seed Round 06-Sep-2023 Completed Generating Revenue
4. Early Stage VC Cancelled Generating Revenue
3. Seed Round 07-May-2021 Completed Generating Revenue
2. Accelerator/Incubator 01-Jan-2021 $100K $1M Completed Generating Revenue
1. Seed Round 18-Jun-2019 $900K $900K Completed Generating Revenue
To view Azaneo’s complete valuation and funding history, request access »

Azaneo Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Seed Preference
To view Azaneo’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Azaneo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an agricultural device designed to revolutionize agricultural weed control for sustainable food production.
Other Agriculture
Sydney, Australia
9 As of 2026

Boston, MA
 

Durham, NC
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Azaneo Competitors (4)

One of Azaneo’s 4 competitors is Indigo Ag, a Venture Capital-Backed company based in Boston, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Indigo Ag Venture Capital-Backed Boston, MA
AgBiome Formerly VC-backed Durham, NC
Loam Venture Capital-Backed Orange, Australia
BioConsortia Venture Capital-Backed Davis, CA
To view Azaneo’s complete competitors history, request access »

Azaneo Patents

Azaneo Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2024901645-A0 Plant electroporation Pending 31-May-2024
AU-2025222285-A1 Plant electroporation Pending 16-Feb-2024
WO-2025171450-A1 Plant electroporation Pending 16-Feb-2024
AU-2024900366-A0 Systems and methods for applying a pulsed electric field to a plurality of plants Pending 16-Feb-2024
AU-2021902921-A0 Microwave irradiating apparatus Pending 09-Sep-2021
To view Azaneo’s complete patent history, request access »

Azaneo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Azaneo Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds
NSW Government (Energy) Government
Cicada Innovations Accelerator/Incubator
AgFunder Venture Capital Minority
Tenacious Ventures Venture Capital Minority
GrainInnovate Venture Capital Minority
You’re viewing 5 of 9 investors. Get the full list »

Azaneo FAQs

  • When was Azaneo founded?

    Azaneo was founded in 2019.

  • Where is Azaneo headquartered?

    Azaneo is headquartered in Sydney, Australia.

  • What is the size of Azaneo?

    Azaneo has 9 total employees.

  • What industry is Azaneo in?

    Azaneo’s primary industry is Other Agriculture.

  • Is Azaneo a private or public company?

    Azaneo is a Private company.

  • What is Azaneo’s current revenue?

    The current revenue for Azaneo is .

  • How much funding has Azaneo raised over time?

    Azaneo has raised $2.15M.

  • Who are Azaneo’s investors?

    NSW Government (Energy), Cicada Innovations, AgFunder, Tenacious Ventures, and GrainInnovate are 5 of 9 investors who have invested in Azaneo.

  • Who are Azaneo’s competitors?

    Indigo Ag, AgBiome, Loam, and BioConsortia are competitors of Azaneo.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process