Blockchain

Hedera’s The Hashgraph Group invests in AgNext Technologies

Published

9 months ago

April 8, 2025

The Hashgraph Group, a enterprise capital and expertise firm that helps the Hedera Blockchain community, has introduced a strategic funding in Agritech Firm Agnext Applied sciences.

In keeping with particulars in a press launch on 7 April, the collaboration will help the rising synthetic intelligence-driven agricultural options from Agnext.

The funding sees the Hashgragh group turning into a member of the latest fundraising initiative of Agnext led by Novo Holdings in Denmark, however greater than that is a crucial milestone for integration for the Hedera Blockchain ecosystem.

Specifically, Agnext desires to make use of Hedera’s distributed ledger expertise to digitize confidence within the Ecosystem of the Provide Chain, together with round insurance coverage and traceability within the meals provide chains.

“With this strategic co-investment along with NOVO Holdings, we sit up for beginning the expertise enablement journey with Agnext to stimulate the convergence of AI and Blockchain/DLT, whereas collectively improves Hedera-driven Agritech options that can enhance Agnext Group Group.

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Agnext may also use Hedera’s Blockchain expertise and good contracts for immutability and effectivity.

The targets of THG and Agnext additionally correspond to an initiative for embedded gadgets in Hedera, with this set accessible for purchasers worldwide through a brand new web3 firm. The companions will set up this firm in Switzerland.

Agnext collected $ 21 million in a collection A financing in 2021, with Alfa golf incubation that led the capital injection initiative.

The corporate is actions in India, the Midden -East and the USA, with its first worldwide workplace in Abu Dhabi, the United Arab Emirates.

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Within the meantime, Hedera sees a exceptional traction within the tokenization of Actual-World property. This consists of by means of integrations resembling at Chainlink and Alchemy Pay-De Final for onboarding through Fiat-Crypto on and out of Ramping.

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