Asia | March 24, 2018

Impact Terra raises $3M to provide ag data to Myanmar farmers

ImpactAlpha
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ImpactAlpha

More than 60% of Myanmar’s workforce depends on farming for a living, but the country’s agriculture sector is among the least productive in Asia.

The World Bank says farmers in Myanmar are less educated and less knowledgeable than others in the region and access fewer public services. What they do have are smartphones.

Impact Terra is leveraging Myanmar’s mobile connectivity growth to provide agricultural data and advice via its Golden Paddy app. The Netherlands Space Office’s Geodata for Agriculture and Water group and venture philanthropy firm Leap201 backed the startup, which is building pest- and disease-recognition and satellite-imaging into the app.

Small farmer digital services startups Wefarm and Gramophone both recently raised funding to support farmers in Africa and India respectively.