In today’s briefing:
- Wintermar Offshore Marine (WINS IJ) – Ahoy! Recovery Ahead
- Elevarm Nets US$4.25M to Boost Smallholder Horticulture Farmers with AI | E27
Wintermar Offshore Marine (WINS IJ) – Ahoy! Recovery Ahead
- Wintermar Offshore Marine booked a strong set of FY2024, confirming the ongoing recovery of the offshore oil & gas shipping segment and especially demand for higher-tier vessels.
- The company continues to build its fleet with several vessels coming on stream in FY2025 and FY2026, driven by optimism around ongoing investments in offshore oil & gas in Indonesia.
- Wintermar Offshore Marine intends to sell its low-tier vessels and invest in more high-tier vessels this year, helping to drive future growth.
Elevarm Nets US$4.25M to Boost Smallholder Horticulture Farmers with AI | E27
- Elevarm, an Indonesian agritech startup that aims to enhance the yield and income of smallholder horticulture farmers throughout Indonesia, has raised US$4.25 million in pre-Series A financing led by Intudo.
- Existing investors Insignia Ventures Partners and 500 Global participated.
- Founded in 2022, Elevarm specialises in horticulture production and the provision of “high-quality” agricultural inputs, including superior seeds, bio-based fertilisers, and environmentally friendly pest control solutions.
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