DIT AgTech seeks US funding as Australia plans capital gains tax overhaul

Queensland‑based DIT AgTech, a nine‑year‑old company that provides automatic livestock supplementation and monitoring systems, serves more than 175,000 cattle and 200,000 sheep across Australia. Its technology, used by major pastoral firms such as Australian Agricultural Company, Stanbroke Pastoral and Paraway Pastoral, delivers nutrition boosts that can lift production by about 15 % while cutting supplement and labour costs by roughly 30 %.

Facing a projected Australian capital gains tax reform that would replace the current 50 % discount with indexation, founder and CEO Mark Peart says the policy is scaring potential investors. "The federal government's planned capital gains tax intentions are also clearly scaring potential investors here," he told reporters. "Like a lot of people who might invest in startups, they're absolutely hesitant at the moment."

To access deeper capital, DIT AgTech has launched a US$15 million multipart raise, taking advantage of new US private‑market rules that broaden retail investor access. An investor already moved US$700,000 into the firm’s newly created US entity. The company may eventually concentrate operations overseas or consider an offshore sale as it looks for growth funding beyond Australia.