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MEQ Solutions

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Uses next-generation technologies to measure the eating qualities of meat, to ensure a great consumer experience

Melbourne, AustraliaFounded 2016Food
Valuation $50–100M Last recorded · 2025
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About MEQ Solutions

MEQ Solutions is an Australian agtech company positioning itself as a pivotal force in the digital transformation of the global red meat industry. Founded in 2016 by Remo Carbone and Andrew Grant, the Melbourne-based firm is dedicated to replacing the sector's long-standing reliance on subjective, manual assessments with objective, data-driven measurement infrastructure. The founders, who met during a science and technology commercialization course, spent the initial five years focused on research and development, identifying a significant opportunity to serve an industry largely overlooked by the global innovation community. The company operates within the trillion-dollar global red meat market, targeting inefficiencies and inconsistencies that arise from traditional visual grading methods. Its business model revolves around providing a suite of hardware and software solutions offered on a subscription basis, which includes hardware installation, ongoing maintenance, and unlimited data capture. This approach aims to create a "truth infrastructure" for the industry, enabling more transparent and evidence-based commercial arrangements between producers, processors, and brands. Clients include processors, producers, feedlots, and branded meat programs across Australia, New Zealand, and North America. MEQ Solutions' core offering is an integrated portfolio of technologies that provides real-time data on meat quality and yield throughout the supply chain. The product suite includes the **MEQ Probe**, a device used post-slaughter on the "hot side" to measure intramuscular fat (IMF) and marbling; **MEQ Live**, a scanning tool to predict the carcass value of living animals; and the **MEQ Camera**, a video-based application for grading cold carcasses. This data is synthesized in the **MEQ Insights** platform, which translates measurements into actionable commercial intelligence. A significant milestone was achieved when the MEQ Camera became the first video-based technology to be certified for beef grading by the United States Department of Agriculture (USDA), a landmark that validates its technology and opens substantial market opportunities. By delivering objective data, MEQ enables processors to optimize yield and create verified, brand-premium products, while producers gain clear feedback to support more accurate, quality-based payments. For brands, this verified data enhances consumer trust through demonstrable provenance and quality. In late 2025, the company secured A$23 million (US$15 million) in a Series A funding round led by Insight Partners. This capital is being used to accelerate global deployment, expand its team, and deepen partnerships in key markets such as Australia, New Zealand, Brazil, and the United States.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Melbourne, Australia
Employees
53
Open positions
None listed
Dealroom signal
85.5/100
Industry
Food
Sub-industry
Innovative Food
Sector
Food
Technology
Artificial Intelligence, Machine Learning
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Dec 2025 $15M $60M Insight Partners ↗
GRANT✓Other financing Oct 2019 $226K — Government of South Australia —
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Growth signals

MEQ Solutions website traffic

Latest recorded traffic for MEQ Solutions is 13K monthly website visits, up 217.1% over the last three months. MEQ Solutions's team grew 17.8% over the past year.

Latest monthly visits13K 3-month web change+217.1% 1-year team growth+17.8%
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Similar companies

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Government of South Australia

Series A1 investor entered at this stage

Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇦🇺 Australia85.3%
🇺🇸 United States14.7%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about MEQ Solutions on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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