The Australian early-stage agrifood tech venture capital firm Mandalay Venture Partners and the Singapore-based venture capital firm Hatcher+ has Partnered to find and assist entrepreneurs creating innovative technologies that will enhance the production, distribution, and consumption of food.
By combining Mandalay Venture Partners’ extensive knowledge and wide-ranging network in the agrifood industry with Hatcher+’s cutting-edge AI-powered finances as a service technology (FAASTTM) platform
The cooperation, according to a statement released by the two on Wednesday, aims to boost the development of firms that concentrate on “farm-to-fork” solutions. This covers supply chain advances, point-of-sale improvements, farm gate solutions, and on-farm technologies.
Their first joint venture is in the Australian startup Cropify, which applies artificial intelligence (AI) to improve the precision and effectiveness of grain grading.
Growers, grain bulk handlers, and marketers can now grade pulse samples with objective, repeatable precision thanks to this system, which significantly increases efficiency throughout the sector. It saves the industry tens of millions of dollars while simultaneously promoting sustainability through lowering plastic consumption and carbon dioxide (CO2) emissions.
The announcement claims that the collaboration between Hatcher+ and Mandalay Venture Partners is a major step in the direction of addressing the problems with resource scarcity, climate change, and global food security.
Hatcher+ and Mandalay Venture Partners are starting a revolution in the agrifood industry by encouraging innovation and scaling excellence, which will benefit communities all around the world.
“Our mission at Mandalay Venture Partners is to sustainably feed the world’s growing population by supporting the most promising agrifood tech startups, Partnering with Hatcher+ allows us to leverage their AI-driven platform to ensure we’re backing the best innovators with the potential to transform the global food system,” said Mark Gustowski, Managing Partner at Mandalay Venture Partners. We are committed to providing these startups with the global capital, expertise, and networks they need to succeed, and this partnership amplifies our ability to do so,” he added.
Agrifood tech businesses in their early stages are supported and invested in by Mandalay Venture Partners, a venture capital firm.
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The company’s goal is to feed the world’s expanding population in a sustainable manner by supporting creative solutions at every stage of the value chain. The company approaches venture financing with a hands-on approach, intimately collaborating with founders to help them scale their ideas and experience game-changing growth.
John Sharp, Managing Partner at Hatcher+, added that this partnership with Mandalay aligns perfectly with their vision of using advanced technology to drive impactful investments. By integrating our FAAST™ platform with Mandalay’s sector-specific expertise, we can offer unparalleled support to startups, ensuring they have the resources, knowledge, and network to succeed, We aim to create a more sustainable, resilient, and equitable food system. Our goal is to transform groundbreaking ideas into thriving businesses that can significantly impact the environment and society as a whole,” he added.
Hatcher+ is a top venture capital company that specializes in creating cutting-edge software and AI-powered data models to facilitate quick fund establishment, intelligent capital distribution, and AI-powered transaction analysis.
Impactful and scalable investment strategies are ensured by the Hatcher+ FAASTTM platform, which simplifies fund administration and allows for effective portfolio creation and real-time financial data visualization.
About Hatcher+
Hatcher+ creates software and data models for quick fund development, AI-powered transaction analysis, intelligent capital deployment, and real-time alternative investment vehicle and strategy management. It focuses on the Hatcher FAAST™ (Funds-as-a-Service Technology) platform.
About Mandalay Venture Partners
Mandalay Venture Partners (MVP) invests in and supports agrifood technology firms from Seed to Series-A. Mandalay invests in ‘farm-to-fork’ technologies from on-farm and farm gate to supply chain and point-of-sale to’sustainably feed the world’s rising population.’
