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AgNext Technologies, the Chandigarh-based agritech startup, has raised $21 Mn in Series A round of funding led by Alpha Wave Incubation (AWI), with participation from existing investors Omnivore and Kalaari Capital.
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AgNext claims it solves the quality analysis problem through its proprietary, in-house technology products. Through a mix of AI, ML, Internet of Things (IoT), and advanced data analysis, AgNext provides rapid food quality assessment through its full-stack 'Qualix' platform.AgNext plans to use this capital to enter into newer commodities and international markets such as the Middle East, Europe, and South Asia.