archisen

FarmByte and Singapore’s Archisen Establish Joint Venture in Smart Vertical Farming

February 27, 2024 by Asia Food Journal

Joint venture seeks to modernise Johor’s agrofood sector whilst boosting food security Building on the memorandum of understanding (MoU) announced in August 2023, FarmByte, a digital-first agrofood company under the Johor Corporation (JCorp) Group, and Archisen, a leading agritech company from Singapore, have today embarked on a 70:30 joint venture agreement to develop a new smart indoor vertical farm in Johor Bahru. Spanning 52,000 square feet with an estimated total capital requirement … [Read more...] about FarmByte and Singapore’s Archisen Establish Joint Venture in Smart Vertical Farming

FarmByte and Archisen Sign Heads of Agreement To Deepen Partnership for Vertical Farming Development in Johor

November 15, 2023 by Asia Food Journal

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

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