Agrobank launches Agro Ventures with 73bn sums to invest in agritech startups

Agrobank has launched Agro Ventures, a fund with a charter capital of 73 billion sums. Agro Ventures is a wholly owned subsidiary of Agrobank. The fund will focus on startups and innovation in agriculture.

Agro Ventures will invest in early-stage companies in the agritech sector. It will provide financing to startups. The fund will also support innovative projects in agriculture.

The fund will run acceleration and incubation programs. It will hold hackathons and launch grant programs. These activities are aimed at developing agricultural technology.

The news was first reported by . Agro Ventures is a 100% subsidiary of Agrobank. The fund will operate as a dedicated vehicle for agritech investments.