Australia: Bosch Boosts Investment in Ag-Tech Company
The Bosch Group has increased its investment in The Yield Technology Solutions, an Australian Internet of Things ag-tech business, reports Food Magazine. As the major shareholder, the increase takes the Bosch Group investment to a total of $13.3 million.
The Yield is transforming farming practices for irrigation intensive crops with scalable digital technology solutions. The company is developing its proprietary digital application to support critical production decisions for large commercial growers in the specialty crops industry.
In addition to its investment, Bosch is the technology partner responsible for the development and manufacture of the connectivity hardware for The Yield’s proprietary solution, Sensing+.
Continue reading at Food Magazine.
Subscribe Today For
