Yakhin Impact News
2 articles
growth-positive
Yakhin to invest $1m in agritech startups
Yakhin group will invest up to $1 million per venture in ventures at the seed stage in the framework of the Yakhin Impact agritech incubator. The incubator aims to promote sustainable agriculture and invest in agritech ventures that comply with the UNs Sustainable Development Goals. Yakhin plans to continue investing in companies in their later financing rounds and integrate their products if the cooperation is successful. The incubator provides startups with access to Yakhins land and agricultural infrastructure for pilots and trials. Tech for Good is involved in expanding the program and increasing international investment in Israeli agritech ventures.
Investment
growth-positive
Agricultural group joins nonprofit to set up agritech accelerator
Israeli agricultural group Yakhin is partnering with nonprofit organization Tech for Good to establish an accelerator called Yakhin Impact. The accelerator aims to mentor agritech entrepreneurs and develop solutions to transform agriculture in Israel and globally. Selected startups will have access to agricultural experts, agronomists, technology and marketing professionals, farming lands, legal and financial consulting, workspaces, and introduction to investors. The collaboration seeks to address food scarcity and environmental quality. Israel has a strong agricultural expertise and has made significant advancements in agriculture. With a projected global population of 10 billion by 2050, there is a growing demand for innovative agricultural solutions.
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