SINGAPORE (Nov 16): Earlier this year, Avarga, formerly known as UPP Holdings, said it was acquiring a 23.08% stake in local start-up Archisen for up to S$1.5 million in three separate tranches.
Ian Tong, Avarga’s executive director, is on Archisen’s board. Tong is also the executive director of The Edge Media Group, which publishes The Edge Singapore.
While indoor farming is not new, high-tech IoT-enabled farm Archisen is drawing on technical expertise from its partners to improve tis production within a controlled environment, shielded from the vagaries of weather that... (Click here to read the full story)