In order to grow its business and meet the growing need for agritech solutions in Malaysia, Indonesia, Thailand, and Vietnam, Malaysian agritech and nanotech startup Qarbotech has raised US$1.5 million in funding.
Better Bite Ventures, ID Capital, EQT Foundation, 500 Global, and Epic Angels Limited all supported to the fundraising round.
One of the agritech firm’s products, QarboGrow, uses carbon quantum dots to enhance photosynthesis in plants, potentially increasing food output.
Also read: Automation in Oil and Gas: Horizons and Expectations for the Next 5 Years
Do Follow: CIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter
About us:
CIO News is the premier platform dedicated to delivering the latest news, updates, and insights from the CIO industry. As a trusted source in the technology and IT sector, we provide a comprehensive resource for executives and professionals seeking to stay informed and ahead of the curve. With a focus on cutting-edge developments and trends, CIO News serves as your go-to destination for staying abreast of the rapidly evolving landscape of technology and IT. Founded in June 2020, CIO News has rapidly evolved with ambitious growth plans to expand globally, targeting markets in the Middle East & Africa, ASEAN, USA, and the UK.
CIO News is a proprietary of Mercadeo Multiventures Pvt Ltd.
