AgriTech

The investments support the broader aspirations of the Thirteenth Malaysia Plan (RMK13) and the Bumiputera Economic Transformation Plan 2035 (PuTERA35) to strengthen strategic industries, develop homegrown capabilities and enable more Bumiputera companies to participate in high-growth, high-value (HGHV) sectors.

Singapore's Rize, an agricultural technology company working to reduce emissions from rice cultivation, has raised $31 million in a Series B round comprising $20 million in equity and $11 million in debt financing.

Thailand's Board of Investment (BOI) has approved a $688 million investment by Nestlé (Thai) Co., Ltd. to construct a smart factory and distribution center in Samut Prakan province.

Farmnet, the Vietnam-based trading arm of agricultural supply chain firm TechCoop, has received a $11.75 million senior secured loan from Symbiotics, a Geneva-based impact investment firm.

India's AI-power technology company Wipro will acquire Mindsprint, the technology subsidiary of Singapore's agribusiness Olam Group, for S$375 million ($291 million) cash, as part of a broader strategic partnership that includes a long-term digital transformation deal valued at over $1 billion.

S&E Company, a South Korea–based agritech firm, has announced that it is accelerating the global expansion of its artificial intelligence (AI)-driven agricultural data analytics and B2B pre-trading platform, B•good, with Vietnam positioned as a key market in its Southeast Asia strategy.

Agrilever, an agritech firm based in the Philippines, has partnered with global weather intelligence firm Tomorrow.io to bring hyperlocal, the artificial intelligence (AI)-powered forecasting solutions to the country’s agricultural sector.

In a multi-sectoral bid to develop agricultural cooperative-based models for resilient rural livelihoods, Philippine development sector group Bayan Family of Foundations, in partnership with Philippine agritech Mayani, landed philanthropic funding from HSBC Philippines, to support smallholder farmers and fisherfolk in adapting to climate change while…

The future holds a lot of hope for AI in sustainable agriculture as technologies like quantum computing are set to maximize AI processing capabilities, which will allow even more sophisticated modeling and real-time decision-making, consequently increasing the crop yield.

Indonesian agricultural technology company Eratani has successfully raised $6.2 million in a Series A funding round led by Clay Capital.