What Goterra does

Goterra is a Canberra-based Australian ag-tech company founded in 2017 that operates modular, on-site food waste processing infrastructure using proprietary black soldier fly larvae (BSFL) bioconversion technology branded as MIBS (Modular Insect Bioconversion System). The technology converts food waste at the source into two valuable byproducts — insect protein for animal feed and frass organic fertiliser — validated at Technical Readiness Level 9 and achieving 99% uptime across operational sites since 2020. The platform is powered by an AI-enabled operational intelligence layer that uses 7+ years of proprietary waste-stream data to drive predictive maintenance, dynamic processing optimisation, network-wide load balancing, real-time Scope 3 emissions tracking, and ESG-grade verified waste diversion reporting.

The company monetises through a combination of competitive gate fees for on-site waste processing and revenue from sale of insect protein and frass fertiliser byproducts. Its go-to-market is direct enterprise field sales targeting commercial facilities (shopping centres, airports, hotels, commercial buildings) and municipal clients (councils, waste transfer stations), with named customers including Melbourne Airport, Hyatt Regency, Woolworths, Lendlease, and the City of Sydney. The product architecture spans commercial on-site units, multi-unit municipal stack deployments, and large-scale processing hubs, supported by a direct-to-consumer e-commerce channel for fertiliser sales.

Goterra had raised approximately AUD $20M cumulatively across seed and pre-Series B rounds between 2018 and 2023, but the company entered voluntary administration on June 9, 2026 after failing to secure capital to scale its contracted pipeline of $8M in FY26/27 signed revenue. Administrators from Teneo are pursuing a going-concern sale while continuing to trade at reduced levels.

Name

Goterra

Legal name

Goterra

Website

https://goterra.com.au

Company type

Private

Founded year

2017

Operating status

Acquired

Headcount range

11–50 employees

Short description

Goterra is an Australian ag-tech company that deploys modular on-site black soldier fly larvae bioconversion units to convert commercial and municipal food waste into insect protein and organic fertiliser, using an AI-powered operational intelligence platform for ESG-grade reporting.

Ownership category

akta.pro rank

Product category

Food Waste Management Technology

NAICS

Waste Collection (56211)

SIC

Refuse Systems (4953)

akta.pro primary industry

E-waste & Universal Waste Collection/Transfer (Electronics, Lamps, Batteries) (EUAIABAG)

Keywords

• Food waste management
• Insect bioconversion systems
• Modular waste processing
• Organic fertiliser production
• Insect protein manufacturing

Headquarters

HQ city

Canberra

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Waste Processing Fees: On-site processing of food waste generates revenue through processing fees. The company charges competitive gate fees for waste processing services, eliminating transport costs for customers.
2. Byproduct Sales: Revenue generated from sale of insect protein (animal feed) and fertiliser (frass) byproducts created through the bioconversion process. Multiple revenue streams from protein and fertiliser products.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Goterra delivers modular, AI-powered food waste processing infrastructure that deploys on-site at commercial facilities and municipal sites to convert food waste into insect protein and organic fertiliser using proprietary black soldier fly larvae bioconversion (MIBS) technology. The platform processes substantial daily waste volumes with near-zero residual output, generating multiple revenue streams from waste processing fees and byproduct sales while providing real-time Scope 3 emissions and ESG reporting.

Product overview

Goterra offers a modular waste processing platform powered by AI that uses proprietary MIBS technology (black soldier fly larvae bioconversion) to process food waste at the source. The platform architecture consists of on-site units for commercial facilities, stack deployments for municipal contracts, and processing hubs for large-scale offtake. The system generates two key byproduct streams: Insect Protein for animal feed and Organic Fertiliser (Frass) for agriculture. The platform includes built-in operational intelligence features covering predictive maintenance, dynamic optimization, and network benchmarking.

Differentiator

Problem solved

Functional benefit

Products and services

• Goterra Modular Waste Processing Platform AI-powered modular waste processing infrastructure that processes food waste at the source using autonomous units, featuring predictive maintenance, real-time emissions tracking, and network-wide performance benchmarking. Targeted at commercial facilities and municipalities.
• Commercial On-Site Units Modular units deployed at commercial facilities (shopping centres, airports, hotels, commercial buildings) that process food waste on-site where it is created, eliminating transport costs and integrating with existing infrastructure.
• Municipal Stack Deployments Multi-unit deployments for municipal contracts covering councils, waste transfer stations, and industrial precincts, engineered to handle variable volumes and concentrated demand processing.
• Processing Hubs Large-scale processing facilities that consolidate network-wide output for harvesting, drying, quality control, and optimised logistics for distribution of insect protein and frass byproducts.
• Insect Protein High-protein animal feed produced from black soldier fly larvae that consume food waste, sold as a commercial byproduct of the bioconversion process.
• Organic Fertiliser (Frass) Organic fertiliser produced from the insect bioconversion process, distributed commercially (including via the Goterra online store) to create additional revenue from food waste processing.

Quantifiable outcome

• 99% uptime rate
• +4 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature4 records

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Protix: Dutch insect protein company using black soldier fly larvae bioconversion to produce animal feed ingredients. Operates one of Europe's largest commercial BSFL facilities and is the most direct international competitor to Goterra in the food waste-to-protein value chain.
• InnovaFeed: French insect protein producer using black soldier fly larvae to convert agricultural by-products into animal feed and fertiliser. Operates industrial-scale bioconversion with strategic partnerships across aquaculture and pet food, directly comparable to Goterra's MIBS service-plus-byproduct model.
• Ynsect: French insect protein company using mealworm bioconversion for animal feed and fertiliser. One of the most capital-backed insect agriculture players globally, addressing the same end markets as Goterra and providing a useful scaling benchmark.
• AgriProtein: South African-origin black soldier fly larvae bioconversion pioneer now operating as Maltento. Closest historical analogue to Goterra's commercial BSFL-from-waste model and itself went through restructuring — a relevant precedent for assessing Goterra's going concern sale prospects.
• Bioflytech: Spanish insect biotechnology company using black soldier fly larvae to convert organic waste into protein, oils, and frass. Operates one of Europe's largest BSFL production facilities and competes directly with Goterra in industrial bioconversion of food waste.
• Entocycle: UK-based insect bioconversion company using black soldier fly larvae to convert food waste into animal feed protein. Targets similar commercial and municipal waste streams as Goterra with technology-driven modular processing units.
• Big Hanna: Swedish manufacturer of on-site food waste composting equipment for commercial facilities, municipalities, and schools. Addresses the same customer need (on-site food waste processing at source) using aerobic composting rather than BSFL bioconversion — a direct substitute solution competing for the same procurement budgets.

Broad incumbents

• Veolia: Global waste management and environmental services incumbent operating across collection, recycling, and organic waste treatment. Serves the same municipal and commercial customer base as Goterra at much broader scale, and represents a logical strategic acquirer for the MIBS technology and contracts.
• Suez: Major international waste management and water services company with extensive organic waste processing capabilities through anaerobic digestion and composting. Competes with Goterra in municipal food waste contracts and is a plausible strategic acquirer in the going concern sale process.

Market position

Strengths4 records

Weaknesses2 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds6 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Goterra