AgriTech

Technology-related investments in Malaysia's agribusiness sector are expected to pick up over the next five years, as 5G connectivity becomes more widespread and the state's support for increased productivity and efficiency takes shape, BMI Country Risk and Industry Research said last Friday.

Singapore-based venture capital firm Hatcher+ has teamed up with Australia-based early-stage agrifood tech venture capital firm Mandalay Venture Partners to identify and support startups developing groundbreaking technology to improve how food is grown, distributed, and consumed.

DiMuto, a Singapore-based AgriFood trade solutions company, has successfully closed its Series A funding round, securing a total of $5.9 million. The round, which was led by The Yield Lab Asia Pacific, saw contributions from prominent investors including SiS Cloud Global Tech Fund 8, Gold Sceptre Limited, and Dave Chen.

The Securities Commission Malaysia (SC) has unveiled GROWMatch, a new matching initiative that allows agri-business entrepreneurs to showcase their projects and attract necessary funding.

Indonesia-based integrated farming productivity platform Elevarm has secured $1 million investment from Dutch financial services firm Rabo Foundation and Japanese information technology firm Scala and Indonesian fintech firm Amartha.

Denmark-based investor Novo Holdings announced Tuesday that it has led an investment in AgNext Technologies Private Limited, an India-based agricultural and food technology company enhancing trust along the food chains by innovating artificial intelligence-based food quality assessment technologies.

Farm2Vet, a science-informed #AI-powered platform co-created with Vietnamese communities, has won a £1 million global prize for its innovative approach to combating antimicrobial resistance (AMR), a silent pandemic threatening millions of lives. Proposed by researchers at VinUniversity, the University of Illinois, the Vietnam National University of…

Rize, an agritech startup formed through a joint venture between Temasek, Wavemaker Impact, Breakthrough Energy Ventures, GenZero to decarbonize rice cultivation in Asia, has announced the closing of its $14 million Series A funding round.

Funding round led by Singapore’s Insignia Ventures Partners, with participation from 500 Global and Gibran Huzaifah, CEO and Founder of eFishery.

Superplum, an Indian AgTech company, has announced the completion of its $15 million Series A financing. The round was led by the company’s incoming Chairman, Erik Ragatz, former Partner and current Senior Advisor of the global private equity firm Hellman & Friedman.