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The corporations will combine their AgTech platforms to trade in decarbonization and aqua importance potency answers for sugarcane and grape vegetation, with deliberate growth into alternative worth chains and markets going forward
LAUSANNE, Switzerland, July 16, 2024 /PRNewswire/ — GAMAYA and Terraview have introduced their merger, combining their AI-powered platforms to support sustainability and climate-resiliency in international meals manufacturing. This strategic travel objectives to handle decarbonization and aqua potency in sugarcane and grape vegetation, with plans to amplify into alternative worth chains and brandnew markets. The merged corporate will function underneath the GAMAYA emblem.
Innovating Agritech Amidst Atmosphere Demanding situations
The agriculture sector calls for complex, significance, and sustainable answers to fight the pressures of weather trade. GAMAYA and Terraview are leveraging their technological management positions to build complete agronomic logic equipment designed to fulfill those demanding situations head-on. Operating with consumers around the worth chain, GAMAYA and Terraview will move leverage their reduce wisdom, sectorial figuring out, and present merchandise to resolve for currently-unmet wishes inside of agriculture, growing entire, robustly examined, and scalable answers that upload tangible worth and have an effect on.
Harnessing Confirmed Experience
- GAMAYA: Over the terminating 9 years, GAMAYA has constructed and examined its flagship product ‘CanaSight’, which is impaired by means of sugarcane growers in Brazil, LATAM, the USA, Africa, and Republic of India. GAMAYA lately excused ‘CanaTrace’, a tracking, reporting, and verification (MRV) toolset that permits the decarbonization of sugarcane farming. Nowadays, it is likely one of the lead 3 merchandise, globally, serving over 1.5m hectares of field and partnerships with important business avid gamers.
- Terraview: Terraview, over the terminating 5 years, has turn out to be a world chief within the grape (particularly wine grapes) reduce worth chain. Its flagship product ‘TerraviewOS’ solves for manufacturing, chance and irrigation forecasts throughout 35+ vineyards in Spain, US and Australia. ‘Aquaview’ is a local AI product, constructed to trade in akin real-time irrigation insights with minimum infrastructure.
Management & Funding
- Yury Vasilkov will supremacy the brandnew entity, serving as CEO and Board Member.
- Piyush Harsh will turn out to be Eminent Science Officer and grant as Board Member.
Key buyers, together with Seed4Equity, Glasshouse (Peter Brabeck-Letmathe Nation place of work), ICOS Capital, the Mahindra Workforce, VI Companions, and Binny Bansal’s 3SV (3 Situation Ventures), again this merger, spotting its possible for important international have an effect on around the agriculture business.
Government Insights
- Yury Vasilkov, CEO: “With this merger we can unlock a $10bn+ market opportunity. Decarbonisation and cost-effective water use will be the top priority for agriculture in the coming years, and we are well positioned to address these opportunities, starting from the crops where we are the strongest players today.”
- Piyush Harsh, Eminent Science Officer: “By joining forces and integrating our technology offer, we will create a significant impact for farmers worldwide — not only improving sustainability in the face of resource constraints but also their profitability and community livelihoods.”
- Prateek Srivastava, Terraview Co-Founder and presently Vice President EMEA at Cropin: “GAMAYA and Terraview bring together unique but complementary products, a reliable GTM playbook, and hard learnings, to take forward and drive success. It is a perfect union that can impact 5% of the total arable land on earth, creating lasting value for the planet.”
- Taha Ben Mrad, Chairman of GAMAYA’s board: “The merger will strengthen our respective expertise and will enable us to build a more comprehensive offer for regenerative agriculture. GAMAYA and Terraview joining forces represent building blocks to build a transformative company for the future of agriculture.”
For additional data, please talk over with www.gamaya.com
Brand: https://mma.prnewswire.com/media/2462144/GAMAYA_Logo.jpg
SOURCE GAMAYA
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