
Queensland’s agricultural innovation engine is gaining fresh momentum as Brisbane-based AgTech startup Nbryo raises $10 million from a consortium of global agribusiness backers, a decisive vote of confidence in embryo technologies that compress seven years of cattle genetic progress into just one week. The Crisafulli Government heralded the investment as a signal that Queensland is not only a powerhouse of primary production but a rising centre for breakthrough ideas reshaping the future of livestock systems worldwide.
Nbryo’s in vitro embryo production platform, developed over 15 years on a cattle property near Beaudesert, radically reduces the cost of producing elite-quality embryos, opening the door to rapid genetic gain for beef and dairy producers who have long been constrained by expensive and slow breeding cycles. As global demand intensifies for climate-smart, high-yield livestock, the company’s technology is positioned as a leveller, delivering next-generation genetics to farmers everywhere, not just the largest or most capital-rich.
The funding round enables Nbryo to scale and commercialise from Queensland while expanding operations in regional hubs. Government leaders say the investment reinforces Queensland’s renewed status as Australia’s premier destination for AgTech, after years of stagnation under the previous administration. Support from co-investors including QIC, Tenacious Ventures, Mandalay Ventures and AgriZero — the latter half-owned by the New Zealand Government — further underscores international confidence in Queensland innovations competing on the world stage. The involvement of the Gates Foundation in technical collaboration and global market entry adds strategic validation to the company’s mission and scientific potential.
For Queensland’s rural communities, the stake in Nbryo represents more than a cash infusion into a promising startup; it signals job creation, a stronger regional economy and a government narrative that ties technological modernisation to improved livelihoods. Local representatives emphasise that homegrown inventions such as Nbryo’s will keep regions like Scenic Rim at the forefront of sustainable food production while ensuring the benefits of innovation are broadly shared.
Nbryo’s leadership says the capital will accelerate its pipeline of trials already underway across Australia, New Zealand and Europe while unlocking a path to global scale from Queensland. By democratising access to high-performance genetics, the company aims to redefine breeding efficiency and resilience in cattle systems as the world demands more sustainable protein. With scientific momentum, global partnership and state backing aligned, Queensland’s AgTech transformation may be just getting started.