Indonesia’s Elevarm raises $4.25M in Pre-Series A funding led by Intudo
Elevarm, an Indonesian agritech company, has raised $4.25 million in pre-Series A financing led by Intudo, with participation from existing investors Insignia Ventures Partners and 500 Global.
Elevarm said in a statement on Thursday that the funds will be used to build artificial intelligence (AI)-powered farmer productivity tools, expand seed varieties, and develop new agri-input products that enhance soil health, promote biodiversity, and strengthen crops.
With the new funding, the firm...
Sika acquires Singapore’s green roof provider Elmich
Swiss specialty chemicals company Sika has acquired Elmich Pte Ltd, a leading supplier of urban greening systems headquartered in Singapore.
Sika said in a statement on Monday that the acquisition complements its roofing portfolio in the region and strengthens its specification business for commercial and residential projects.
With this acquisition, Sika is gaining a new platform for growth in the Asia/Pacific region.
Sika will be able to leverage Elmich’s specification approach...
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