Participated · Equity · Jul 2024

Elevarm is a Bandung, Indonesia-based agritech company specializing in horticulture production and high-quality agricultural inputs for smallholder farmers. It supplies seeds, bio-based fertilizers, and environmentally friendly pest control solutions, and produces seedlings in advanced greenhouses. Its in-house R&D engine, NextBio, focuses on developing sustainable agri-inputs to improve soil health, biodiversity, and crop resilience. The company supports more than 15,000 farmers across West Java, Central Java, and Yogyakarta and collaborates with over 30 partners including government agencies, universities, and financial institutions. Led by CEO Bayu Syerli, Elevarm plans to expand seedling varieties, develop new bio-based inputs, and launch AI-powered digital tools to deliver real-time insights and automate tasks. The recent funding will be used to implement these strategic initiatives. Elevarm operates a platform offering a suite of horticulture services and products, spanning fertilizers, soil testing and agricultural product trading. The company positions itself as an end-to-end agricultural technology service provider. Its platform brings together inputs, diagnostics and marketplace functions for growers and buyers. Elevarm recently secured external capital to support its operations and platform activities. The article reports a $1 million strategic investment from three institutional partners. No operating metrics, founding year or location are disclosed in the article. Elevarm is an agritech company based in Jakarta focused on producing seedlings and organic fertiliser. The company operates production capacity for seedlings and organic inputs used in agriculture. Its core product offering centers on scaling seedling output and expanding organic fertiliser production. Recent financing indicates the company is pursuing growth in manufacturing and supply capabilities. The article does not report operating metrics such as revenue or user counts. Elevarm intends to use new capital to increase its production capacity.

Led · Equity · Apr 2010

Thinking Screen Media (formerly Frame Media) offers a platform for delivering content to digital frames and other screen devices wirelessly. Its FrameChannel platform lets screen owners select, program and deliver personalized content from a library of over 1,000 content widgets, with integrations to photosharing and social networking sites plus news, weather, sports scores, stock quotes and hyper-local content. FrameChannel is available on devices from more than 20 consumer electronics providers, including Tivo, Roku, Samsung, Sony, Philips, Motorola, Kodak, Toshiba, Viewsonic and Apple. The company has raised $2 million in funding from Scala, bringing total funding to $7 million. As part of the deal, Scala acquired Thinking Screen Media’s digital-signage division, the SignChannel platform. The new funding will be used to develop Thinking Screen Media’s offering on the iPad; the startup launched a FrameChannel iPad app a few weeks ago. FrameMedia provides a platform for delivering content to internet-enabled picture frames. Its FrameChannel platform offers more than 400 feeds on topics such as sports news, traffic conditions, and weather, and it supports generic RSS feeds as well as Flickr and Facebook. The company emphasizes dynamically updated content as a driver of broader digital-frame adoption. According to IDC research cited in the article, 42.3 million digital frames were expected to be sold by 2011. FrameMedia says it will use new capital to establish itself as a leader in the fledgling space. The company has raised a total of $5.2 million following the latest investment.