Home Startups Agritech startup Agrome IQ raises six-figure funding from Cerana Capital

Agritech startup Agrome IQ raises six-figure funding from Cerana Capital

Posted on:

READING TIME: < 1 min read

- Advertisement -

Brunei-based agritech startup, Agrome IQ, has raised a six-figure Pre-Series A funding led by Singaporean venture capital firm Cerana Capital.

According to Borneo Bulletin Online, the announcement was made during the ‘Agrome IQ: Advancing Towards Agriculture 4.0’ event held at the Design & Technology Building in Anggerek Desa Technology Park.

Founded in 2017, Agrome IQ supports the digitization of farm management through its mobile app, and real-time support services. The startup offers data analytics to farmers to increase farm quality and productivity, acting as an agricultural business intelligence company. The second version of the app, scheduled to launch in two months, will enable community-driven decision making for farmers in the same geographic regions to source for farm inputs more efficiently via the app.

With the new investment from Cerana Capital, the company now can expand its team and reach out to 50 different distributors in Singapore that would buy farmers’ produce on their platform.

Agrome IQ aims to work closely with its partners to support feeding nine billion people by 2050. They are now beginning to increase their operations and product ranges while expanding their footprint in Brunei and Singapore before expanding across other Southeast Asian countries later this year.

Felicia Calle
Felicia Calle
Australia | Felicia's fascination with tech began in the 90s, and she loves to update readers on the best tech deals on the internet. When she’s not writing, you’ll find her travelling around the world.

Related Reads

Featured Read

19 plugins you should consider for your WordPress in 2019/2020

Although WordPress offers tons of features and flexibility, there is still a gap in the functionality from the core Content Management System...

 Submit a Story

Do you have a story to share? We will help you inspire, connect, and celebrate with our thoughtfully vibrant community. Click here to find out more!

- Advertisement -

 Latest Stories

Japan to have a new Evangelion-themed train

Japan will have yet another Evangelion train! Back in 2015, Japan first launched its Neon Genesis Evangelion bullet train,...

Fantech launches its esports-focused gaming peripherals in Singapore

Fantech announces that they are expanding their line to cater to game enthusiasts in Singapore.  The leading brand specializes in gaming gear and accessories...

Inupathy: The world’s first dog harness with emotions

Imagine a small gadget that can anticipate and understand animal behavior with the slightest touch or a device that can interpret what...

freecle’s αble: Cutting edge noise-canceling headphones for improved hearing in everyday life

In our modern-day life, it is often hard to find environments that are a hundred percent free from noise. Individuals are often...

Gundam X OWNDAYS eyewear to launch in Singapore exclusively at Jewel Changi outlet

Japanese eyewear chain company, OWNDAYS, announced late last year that they are collaborating with Mobile Suit Gundam to celebrate the anime series'...

Send this to a friend