VIDEO INTERVIEW: Talking stakeholder collaboration and technological advancements in animal agriculture with Stephen Cisneros from TEXAS A&M AGRILIFE RESEARCH
Tractor Junction is a start-up founded in India to bring transparency and efficiency to the country's $50 billion rural machinery market, focusing on tractors. Since its launch in 2018, the company has grown into one of India's largest digital marketplaces, connecting over 6 million farmers monthly with dealers and providing used tractor distribution and financing options at competitive rates, significantly lower than local lenders. With significant investments, including $5.7 million in 2022 and $17 million recently, Tractor Junction has expanded its operations into brick-and-mortar stores to build trust and ensure thorough inspections of high-ticket items. The company also plans to diversify into rural autotech and commercial vehicles, leveraging its unique position across fintech and autotech categories to drive rapid growth.
Scottish biotechnology firm Rhizocore Technologies has raised £4.5 million to enhance its pioneering ECM fungal technology, which improves tree growth and survival rates by forming symbiotic networks with tree roots. The company's RhizoPellets™ have shown substantial improvements in tree growth across various landscapes, and the funding will expand production and facilitate entry into the US market. Rhizocore's approach not only accelerates tree growth but also reduces costs related to replanting and fertilisation. The investment underscores growing interest in sustainable soil health solutions and aligns with broader ecological and financial goals.
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