SEA Digest: Temasek, Wavemaker, Bill Gates' VC arm launch agritech venture; Mighty Jaxx enters metaverse

SEA Digest: Temasek, Wavemaker, Bill Gates' VC arm launch agritech venture; Mighty Jaxx enters metaverse

A rice field in China. Photo from Pixabay.

Temasek is collaborating with investment firms Wavemaker Impact, Bill Gates’s Breakthrough Energy Ventures and GenZero for a new agritech startup that will focus on rice decarbonisation. Separately, Singapore’s Mighty Jaxx has developed a metaverse platform for the Halloween season.

Temasek, Wavemaker, Breakthrough Energy team up for agritech venture

Singapore’s state investor Temasek is partnering with investment firms Wavemaker Impact, Bill Gates’s Breakthrough Energy Ventures, and GenZero to create a new agritech startup that will focus on minimising the carbon impact of rice cultivation.

The startup will look at reducing greenhouse gas emissions from Southeast Asia’s extensive rice fields by identifying economic incentives to drive the adoption of sustainable cultivation.

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