PLANT BIOSCIENCE STARTUP ABSOLUTE RAISES $100M FROM SEQUOIA, ALPHA WAVE, TIGER GLOBAL

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Seven-year-old plant bioscience startup Absolute, which operates its R&D unit and covers 100,000 acres of precision agri network, will utilise the funds for geographical expansion.

Absolute Foods, a plant bioscience startup — on Thursday said it raised $100 million in its first institutional funding round from Sequoia Capital India, Alpha Wave Global, and Tiger Global Management. Founded in 2015 by Agam Khare where Prateek Rawat joined as a co-founder later, the Delhi-headquartered plant bioscience and precision agriculture company will use the capital to strengthen its plant bioscience RD platform BioX, a Farm Operating System (FARM OS), which works with diverse plantations, and a global trade platform for the produce.

Read more at: https://yourstory.com/2022/05/funding-precision-agritech-startup-absolute-foods-sequoia-capital-tiger-global-alpha-wave

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