AGCO Invests in Innova Ag Innovation Fund VI to Drive the Next Generation of Farming [Yahoo! Finance]
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AGCO Corporation (AGCO)
Last agco corporation earnings: 2/6 07:30 am
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Source: Yahoo! Finance
and precision ag technology, today announced its recent investment in the Innova Ag Innovation Fund VI of venture capital firm, Innova Memphis. This fund investment is the first executed by AGCO's recently launched corporate venture capital initiative, AGCO Ventures. The deal aligns with AGCO's approach to support the next generation of farming through advanced solutions that promise a more automated, digitized and sustainable future for agriculture. The Innova team is renowned for its focus on nurturing early-stage startups revolutionizing agriculture. "We are excited to announce our investment in Innova Ag Innovation Fund VI, a move that reflects our unwavering commitment to pushing the boundaries of what's possible in agriculture," said Seth Crawford , AGCO Senior Vice President and General Manager, PTx. "This partnership enables us to tap into the latest innovations in the field, from automation and digitization to sustainability and efficiency, ensuring that we continue to pr
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AGCO
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