The agreement proposes an investment of ~MYR 8.2 million (SGD 2.4 million) by FarmByte into Archisen and the establishment of an automated vertical indoor farm through a joint venture FarmByte, a pioneering digital-first agrofood company within the Johor Corporation (JCorp) Group, has signed a Heads of Agreement (HOA) with Archisen, a leading agritech company based in Singapore. Yesterday, both companies exchanged the signed HOA, proposing a FarmByte investment of ~MYR 8.2 million (SGD 2.4 … [Read more...] about FarmByte and Archisen Sign Heads of Agreement To Deepen Partnership for Vertical Farming Development in Johor
Agrofood
FarmByte Food Hub Set to Revolutionise Johor’s Agrofood Industry
A new technology-driven agrofood ecosystem, the FarmByte Food Hub, has been established to consolidate and build the resilience of the agrofood sector, increase agricultural output, and uplift the livelihoods of farmers and the wider community. Developed by FarmByte Sdn Bhd (FarmByte), a subsidiary of Kulim (Malaysia) Berhad (KULIM), the FarmByte Food Hub aims to transform Johor’s agrofood sector through its digital-first approach as part of Johor Corporation’s (JCorp) vision to … [Read more...] about FarmByte Food Hub Set to Revolutionise Johor’s Agrofood Industry