- Qarbotech, a Malaysian agritech and nanotech startup, has raised US$1.5 million to expand operations in Malaysia, Indonesia, Thailand, and Vietnam.
- The funding, supported by 500 Global, Better Bite Ventures, ID Capital, EQT Foundation, and Epic Angels Limited, will help Qarbotech scale its solutions for farmers in the region.
- QarboGrow, the company’s flagship product, enhances photosynthesis using carbon quantum dots, potentially increasing crop yields by up to 60%.
- As part of its expansion, Qarbotech is opening a manufacturing facility in Puchong, Malaysia, with the capacity to produce 100,000 litres of QarboGrow monthly.
Malaysian agritech and nanotech startup, Qarbotech, has raised US$1.5 million to fuel its expansion into Malaysia, Indonesia, Thailand, and Vietnam, where demand for agricultural technology is rapidly growing.
The funding round, backed by investors such as 500 Global, Better Bite Ventures, ID Capital, EQT Foundation, and Epic Angels Limited, will enable Qarbotech to scale its operations and enhance its innovative solutions for farmers across the region.
One of its flagship products, QarboGrow, utilizes carbon quantum dots to enhance photosynthesis, leading to significant increases in crop yields. “This investment will allow us to ramp up production and bring our patented solutions to more farmers across the region, empowering them to produce more with less environmental impact,” said Amirul Merican, Qarbotech’s Chief Operating Officer.
As part of the expansion, the company is launching its first manufacturing facility in Puchong, Malaysia, which will have the capacity to produce 100,000 litres of QarboGrow monthly.
Qarbotech is committed to promoting sustainable agricultural practices through its green technology. QarboGrow has demonstrated the ability to boost crop yields by up to 60% while reducing environmental impact, helping farmers increase productivity and contributing to carbon sequestration.Read Also: India Launches Rs 750-Crore AgriSure Fund to Boost Agritech Startups and Farming Investments
