{"id":99786,"date":"2024-10-08T12:14:45","date_gmt":"2024-10-08T07:14:45","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=99786"},"modified":"2024-10-08T14:52:40","modified_gmt":"2024-10-08T09:52:40","slug":"farmdar-secures-pre-series-a-funding","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/farmdar-secures-pre-series-a-funding.html","title":{"rendered":"Pak&#8217;s AI-based agri startup secures investment from Silicon Valley"},"content":{"rendered":"\n<p>Islamabad: Pakistan&#8217;s AI-based agritech startup Farmdar has successfully secured pre-Series A funding led by Silicon Valley\u2019s Moment Ventures to enhance agricultural productivity, as reported on October 8.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/chinese-firms-welcome-to-invest-in-projects.html\">Chinese firms are<\/a><a href=\"https:\/\/www.zameen.com\/news\/chinese-firms-welcome-to-invest-in-projects.html\" target=\"_blank\" rel=\"noreferrer noopener\"> welcome to invest in projects<\/a><a href=\"https:\/\/www.zameen.com\/news\/chinese-firms-welcome-to-invest-in-projects.html\"> of their choice: CM Murad<\/a><\/p>\n\n\n\n<p>As per details, existing investor Indus Valley Capital also participated in this round, marking a significant milestone as the first investment led by a Silicon Valley fund in a Pakistani startup this year. This new funding will enable Farmdar to solidify its leadership position in Pakistan while accelerating its expansion efforts across Southeast Asia. Co-founder Muhammed Bukhari highlighted the importance of this investment in addressing pressing agricultural challenges, stating, \u201cAgriculture is facing unprecedented climate challenges. This investment allows us to further enhance climate adaptation in Pakistan and accelerate our growth in some of Southeast Asia\u2019s vital agricultural markets.\u201d<\/p>\n\n\n\n<p>Since its inception in Pakistan in 2021, Farmdar has made remarkable progress, covering over 350 million acres globally and providing precision agriculture solutions to more than 200,000 farmers. This technology-driven approach aims to optimize farming practices and improve yields, contributing to food security and sustainability.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/govt-shares-12-projects-with-eib.html\" target=\"_blank\" rel=\"noreferrer noopener\">Pak seeks European Investment Bank\u2019s funding for N-5, other projects<\/a><\/p>\n\n\n\n<p>Ammar Hanafi, Managing Director of Moment Ventures, expressed enthusiasm for Farmdar\u2019s innovative solutions, commenting, \u201cFarmdar has built an exceptional product using satellite technology and proprietary data combined with AI. We see immense potential for its application not just in Pakistan but throughout Southeast Asia, and we are thrilled to be part of this transformative journey.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Pakistan&#8217;s AI-based agritech startup Farmdar has successfully secured pre-Series A funding led by Silicon Valley\u2019s Moment Ventures to enhance agricultural productivity, as reported on October 8. Read: Chinese firms are welcome to invest in projects of their choice: CM Murad As per details, existing investor Indus Valley Capital also participated in this round, marking a significant milestone as the first investment led by a Silicon Valley fund in a Pakistani startup this year. This new funding will enable Farmdar to solidify its leadership position in Pakistan while accelerating its expansion efforts across Southeast Asia. Co-founder Muhammed Bukhari highlighted the importance of this investment in addressing pressing agricultural challenges, stating, \u201cAgriculture is facing unprecedented climate challenges. This investment allows us to further enhance climate adaptation in Pakistan and accelerate our growth in some of Southeast Asia\u2019s vital agricultural markets.\u201d Since its inception in Pakistan in 2021, Farmdar has made remarkable progress, covering over 350 million acres globally and providing precision agriculture solutions to more than 200,000 farmers. This technology-driven approach aims to optimize farming practices and improve yields, contributing to food security and sustainability. Read: Pak seeks European Investment Bank\u2019s funding for N-5, other projects Ammar Hanafi, Managing Director of&hellip;<\/p>\n","protected":false},"author":89,"featured_media":99788,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[59673,59674,56222,59671,59675,54568],"persona":[],"class_list":{"0":"post-99786","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-farmdar-agritech","9":"tag-farmdar-news-and-updates","10":"tag-news-and-updates","11":"tag-sillicon-valley","12":"tag-sillicon-valley-investment","13":"tag-zameen-news","14":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Farmdar Secures Pre-Series A Funding - Zameen News<\/title>\n<meta name=\"description\" content=\"Farmdar, an agritech startup, raises pre-Series A funding from Moment Ventures to enhance agricultural productivity in Asia.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/farmdar-secures-pre-series-a-funding.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Farmdar Secures Pre-Series A Funding - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Farmdar, an agritech startup, raises pre-Series A funding from Moment Ventures to enhance agricultural productivity in Asia.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/farmdar-secures-pre-series-a-funding.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-08T07:14:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-08T09:52:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2024\/10\/News-Cover-1170x400-7.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sabahat Abid\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sabahat Abid\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Farmdar Secures Pre-Series A Funding - Zameen News","description":"Farmdar, an agritech startup, raises pre-Series A funding from Moment Ventures to enhance agricultural productivity in Asia.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/farmdar-secures-pre-series-a-funding.html","og_locale":"en_US","og_type":"article","og_title":"Farmdar Secures Pre-Series A Funding - Zameen News","og_description":"Farmdar, an agritech startup, raises pre-Series A funding from Moment Ventures to enhance agricultural productivity in Asia.","og_url":"https:\/\/www.zameen.com\/news\/farmdar-secures-pre-series-a-funding.html","og_site_name":"Pakistan Real Estate News &amp; 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