News and Announcements
E Agri Capital Raise Closing Soon
- Published December 12, 2016 12:29PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
E Agri Singapore’s capital raising closes this Friday, 16 December 2016. Subscriptions are being received for the one-time capital raise of US$2.25m. E Agri Singapore is the head company that owns the global technology intellectual property and patents.
E Agri Singapore is now finalizing the development of its state of the art, patentable (patent pending), vertical hydroponic growing system. Two smaller facilities will be installed in early 2017 at Victoria, Australia and Yixing, China. Both sites will be enabling to a full-scale commercial deployment in late 2017.
The exceptional and scalable elements of E Agri’s automated hydroponic technology include:
- Production of high quality, clean produce for consumers free from pollutants.
- Modular and automated plant growing technology superior to existing hydroponic systems with full product traceability, contributing to a more sustainable food chain.
- Generates year-round scalable volumes at 4.5 times existing crop production and up to 60% lower grower unit costs compared with traditional hydroponic systems.
- The grower’s required investment has an attractive 2 – 3 year pay-back period.
- E Agri will provide on-going global technology development and grower support.
To request a copy of the Company’s Information Memorandum and subscription form please click on the Request Offer button below.