Growing beyond borders
- 500-backed nanotech and agritech company Qarbotech signed landmark agreements with BlackMountain Capital and Iceh Agro Indonesia to bring their revolutionary photosynthesis enhancer, QarboGrow™, to Australia and Indonesia.
- The introduction of QarboGrow™ in the 2 countries marks a significant step in the company’s global expansion, with the aim of driving sustainable agricultural practices and elevating global food production.
- QarboGrow™ boosts crop yields by up to 60% without requiring more land or heavy chemical use.
- “We envisioned QarboGrow™ not just as a product, but as a catalyst for change in agriculture. It is a tool that addresses the critical need for sustainable, climate-resilient farming, empowering farmers to thrive,” shared Chee Hoe Chor, C-founder & CEO.
- A pilot project in rice fields in Indonesia yielded positive results, proving QarboGrow™’s ability to significantly increase rice yields while boosting farmers’ incomes.
- With a valuation of US$600,000, these strategic partnerships will enable Qarbotech to broaden its reach, introduce QarboGrow™ to new markets, and drive key advancements in sustainable agricultural practices worldwide.
- Read the full story here.