Wednesday
November 24
2021

Precision Agriculture Platform Fasal Raises $4 Million From 3one4 Capital, Others

Precision agriculture platform Fasal has raised $4 million in a pre-Series A round led by 3one4 Capital with participation from existing investors Omnivore and Wavemaker Partners, the company said in a release.

The company will use the funds to expand their business across India and Southeast Asia, strengthen their full-stack services, and ramp up hiring for sales and marketing, agronomy, and technology teams.

Other investors in this round include Genting Ventures (Malaysia), The Yield Lab Asia-Pacific, Antares Investments, and Sandeep Singhal of Nexus.

Photo courtesy of sasint.

Source: The Economic Times (link opens in a new window)

Categories
Agriculture
Tags
agriculture, agritech, funding, impact investing, tech, technology