Farmdar on LinkedIn: Palo Alto, California. 4th October 2024. Farmdar, an agritech startup… | 68 comments
Summary
Farmdar, an agritech startup that uses AI and space technologies to optimize agricultural productivity, has raised a pre-Series A round led by Silicon Valleys Moment Ventures. The investment will help Farmdar strengthen its leading role in Pakistan and accelerate expansion in Southeast Asia. This investment allows us to further boost climate adaptation in Pakistan and accelerate our growth in some of Southeast Asias vital agricultural markets. Farmdar launched in Pakistan in 2021 and since then, has covered over 350 million acres globally and helped its clients provide precision agriculture to over 200,000 farmers. Ammar Hanafi, MD of Moment Ventures, commented: Farmdar has built an innovative product using satellite technology, and proprietary data and AI.