Elevarm nets US$4.25M to boost smallholder horticulture farmers with AI, sustainable agri-inputs

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Elevarm nets US$4.25M to boost smallholder horticulture farmers with AI, sustainable agri-inputs - e27

Quick Summary:

Elevarm, an Indonesian agritech startup that aims to enhance the yield and income of smallholder horticulture farmers throughout Indonesia, has raised US$4.25 million in pre-Series A financing led by Intudo.

Existing investors Insignia Ventures Partners and 500 Global participated.

This facilitates the adoption of advanced cultivation methods like integrated pest management, efficient irrigation, and optimised planting strategies, aiming to maximise yields while minimising environmental impact.