J Matthew Pryor is unusual among venture investors because he actually built and ran an ag-tech company himself—he co-founded Observant, a precision farm water-management business that combined field hardware with cloud software, before its technology and team were sold to Jain Irrigation in 2017. That experience shapes a distinct investing view: he argues agtech adoption problems usually come down to misaligned incentives rather than farmer resistance, favors partnering with supply-chain players who can fund adoption, insists growers should control their own data, and looks for technology that fits how farmers already work rather than asking them to change their habits.
About their Fund
Sectors
Food & Ag, Climate, Robotics, Biotech, Fintech
Rounds
Pre-Seed - Seed
Avg Check Size
$100K-$1M
Notable Investments
Tenacious Ventures calls itself Australia's first agrifood tech investment and insights platform, combining venture investing with advisory work and its AgTech So What podcast, and was founded by Sarah Nolet, a Silicon Valley-trained systems engineer, and Matthew Pryor, an Australian tech entrepreneur, giving it a mix of deep tech knowledge and hands-on agricultural experience. The fund looks for founders who might not see themselves as typical agrifood founders—including farmers, chefs, and scientists—backs decentralized agricultural technologies like small-scale green ammonia production, and runs investor education programs that train family offices, angels, and farmers to build their own agtech investment theses.
Notable Fund
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