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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Data-Driven Success: How AI and Machine Learning are Transforming Food and Beverage Operations
By Cath Isabedra The food and beverage (F&B) industry is undergoing a remarkable transformation with the advent of artificial intelligence (AI) and machine learning (ML). Armin Haller, Director CoE Data & AI for APAC at Crayon, sheds light on the impact of these technologies, stating, "AI is revolutionizing farming practices and reshaping food and beverage manufacturing." In our recent interview, Haller shares his insights on how these technologies revolutionize the … [Read more...] about Data-Driven Success: How AI and Machine Learning are Transforming Food and Beverage Operations
Indonesia’s end-to-end farm management startup Eratani closes oversubscribed $3.8M seed round to grow platform-based ecosystem for farmers
JAKARTA, Indonesia, December 14, 2022 -- Eratani, an Indonesia-based agritech startup that provides end-to-end farm management solutions for local farmers, announces the close of their oversubscribed $3.8M seed round led by Singapore-based VC firm TNB Aura and with commitments from AgFunder, Trihill Capital, and B.I.G. Ventures. The agricultural sector in Indonesia remains highly fragmented with farmers still managing their own farmland while working with limited access to finances, quality … [Read more...] about Indonesia’s end-to-end farm management startup Eratani closes oversubscribed $3.8M seed round to grow platform-based ecosystem for farmers
