Farmdar Secures Strategic Investment from Asian Development Bank to Scale AI for Agriculture Across Emerging Asia. [Yahoo! Finance]
BAYER AG S/ADR (BAYRY)
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Source: Yahoo! Finance
agriculture, today announced that it has raised funding from ADB Ventures , the venture capital arm of the Asian Development Bank. Farmdar co-founders Muhammad, Manghi and Ibrahim. This strategic investment and long-term partnership will allow Farmdar to accelerate deployment of its AI and precision agriculture product to farmers, agribusinesses, and allied industries across South and Southeast Asia. "Farmdar harnesses satellite data and AI-powered analytics to tackle critical challenges in agriculture and its supply chain. With ADB's strong presence in the sector, this collaboration creates a unique opportunity to scale Farmdar's solutions across Southeast Asia, advancing climate resilience and adaptation at a transformative level," said Arsalan Farooquee, from ADB Ventures. "We are excited for ADB Ventures to join us on our bold journey to transform lives and impact society," said Muhammed Bukhari, Co-founder and CEO. "Farmdar is already deeply committed to Asia. Partnering
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