X-Hemp closes $3.4m seed raise to drive hempcrete growth
Tasmanian hemp construction firm X-Hemp has closed a seed capital raise after securing what is understood to be the largest single private backing in the state’s hempcrete sector. The $1m contribution from Danehill Group, a private investment firm, has taken the total raised to $3.4m over the past two years.
Morris BeegleSeptember 10, 2025









