Agritech

Move comes as the nation prepares its next five-year plan amid trade friction with major food suppliers, a domestic economic slowdown and climate challenges

The 12-year-old startup says one area Poon will focus on is ensuring that Koltiva’s solutions remain scalable, secure and rooted in impact

The Series A funds will bolster expansion into key markets such as Latin America and the US

Farmers can tap its energy-efficiency component to reduce electricity costs, though the fund does not directly offset these costs

In 2020, Singapore committed S$300 million (US$215.4 million) for deeptech development in the city-state.

The new funding will enable it to scale its greenhouse space to more than triple its current size

SINGAPORE-BASED agritech startup, Peptobiotics, has raised US$6.2 million in a Series A funding round.

INDONESIAN agritech startup Semaai has raised US$4.7 million via a mix of equity and debt financing in a pre-Series A round, bringing its total funding to US$7.6 million.

[JAKARTA] With local farming on the decline as younger workers shun agricultural jobs, agritech startups such as Agri Sparta may hold the key to bigger rice harvests for Indonesia.