Agritech startup Absolute to bolster its core platforms with $100M funding
Agritech company Absolute has secured $100 million across recent rounds of funding. The startup will use the money to strengthen its three core platforms Absolute, an agritech business, has secured $100 million in previous fundraising rounds from Sequoia Capital India, Alpha Wave Global, and Tiger Global. According to the corporation, it is worth around $500 million. Last November 5, the media reported on its fund-raising plans. Absolute raised $2 million last year from Sequoia Capital's Surge incubation program and two angel investors, Nadir Godrej and Sanjiv Rangrass. According to the business, the cash will be used to strengthen its three major platforms: bioscience research platform, universal Farm OS, and global trading platform. Absolute, founded in 2015 by Agam Khare and Prateek Rawat, manages the whole agricultural output cycle, from seed to harvest. Its digital platform is an AI-driven operating system that can be integrated across vertical farms...