Here'sย Agros!ย This Singapore-headquartered agritech just raised a $2.7M Pre-Series A round led by Gaia Impact Fund and Schneider Electric Energy Access Asia.ย
Investor check.ย Wavemaker Impact, Silverstrand Capital and Circle Capital also joined in.
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๐ง The gist
They're building an end-to-end ecosystem of products and services to help small and medium-sized farmers double their incomes โ while reducing carbon emissions along the way!
And with fuel and fertilizer prices shooting up, more farmers are looking to switch to more sustainable and efficient practices!
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๐ How it works
Their first two products allow farmers to save on fuel for irrigation and fertilizer for soil restoration.
Here comes the sun!ย They offer, install and maintain affordable solar water pumps. The best part? You only pay after you harvest.
All about the earth.ย This focuses on restoring degraded soil, increasing yields and reducing expenses on synthetic fertilizers.
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๐ What's next?
They're set to scale in their existing markets and launch operations in a third market! (Any guesses where?) Plus, they'll beef up their leadership team and develop an app that streamlines the value chain.
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