AgNext Technologies, India’s leading deep-tech agritech startup, announced on Friday that it has raised a total of $21 million in Series A funding. The round was led by Alpha Wave Incubation (AWI) fund, which is backed by DisruptAD and managed by Falcon Edge. Existing investors Omnivore and Kalaari Capital also participated in the Series A round.
In this round, AgNext has also delivered a fivefold exit to a-IDEA NAARM, an agribusiness incubator, managed by the National Academy of Agricultural Research Management (NAARM).