AgriTech

Malaysian regulator the Securities Commission Malaysia (SC) is encouraging wider adoption of financial technology (fintech) in agriculture in order to help in achieving the country’s food security agenda.

The agrifoodtech startup ecosystem in India mirrored the global slump in venture capital funding in 2022, with funding dropped 33 percent to $2.4 billion in 2022, from $3.6 billion in 2021, a report showed last week.

Aerodyne’s plan to raise Series C round also comes after its bridging round in September last year.

Foodland Ventures, the VC & Accelerator built for AgriFood Tech founders, has officially kicked off its third accelerator cohort intake.

If the deal goes through, the start-up is set to join Indonesia’s growing list of tech unicorns.

In just a short span of six years, Archisen’s 7,000 sq ft farm has grown to account for the production of about 1 percent of leafy vegetables grown locally by producing up to 100 tonnes of vegetables a year.

ProfilePrint, a Singapore-based artificial intelligence (A.I.) agri-food tech company, has on Monday announced the signing of commercial contracts to deploy the ProfilePrint technology with three of Brazil’s largest food companies - Louis Dreyfus Company Brasil, Olam Agrícola Ltda (Brazil) and Sucafina Brasil.

“Our [ultimate] goal is to get to a billion tons of carbon captured as quickly as possible," Yap said.

VinaCapital Ventures, the technology investment vehicle of VinaCapital Group, announced last week that it is investing $1 million in Koina, a Vietnam-baseddata-driven Farm-to-Business (F2B) agriculture technology platform.