Polybee, a pioneering agritech company, has chosen Melbourne for its ANZ headquarters, marking a major step in its mission to transform agriculture with AI-driven yield forecasting and autonomous pollination.
Headquartered in Singapore, Polybee is a leader in agricultural technology, harnessing AI, computer vision, and machine learning to tackle challenges like food security, yield forecasting, and efficient pollination. The company has made significant strides in the agritech sector with its use of autonomous micro-drones and computer vision to enhance pollination and improve forecasting accuracy.
Polybee’s technology has been instrumental in enhancing crop yields, working with significant growers like Flavorite and Perfection Fresh to provide scalable solutions for crops such as tomatoes, strawberries, and broccoli.
This marks Polybee’s first move into Victoria, with the new headquarters serving as the hub for its regional operations. It will play a critical role in the company’s strategy to strengthen partnerships, expand market reach, and invest in R&D to develop tailored agricultural solutions in collaboration with local growers and research institutions.
Polybee chose Victoria for its strong capabilities in horticulture and cropping, a highly skilled workforce, innovative R&D ecosystem, and collaborative ties between academia and the agribusiness sector - exemplified by its Latrobe University - AgriBio Facility partnership.
Located at La Trobe University’s Bundoora campus in the La Trobe Research and Innovation Precinct, the new headquarters will drive productivity and sustainability by fostering strategic partnerships with local agricultural industries, universities, and research institutions to develop region-specific solutions.
Our expansion into Australia is a testament to the spirit of innovation, collaboration, and openness embodied by Australian farmers, universities, and research institutions. said Polybee CEO, Siddharth Jadhav
Invest Victoria played a crucial role in helping Polybee establish its presence in Victoria, connecting the company with key agribusiness and research sectors, incorporation advisors, and universities. The team also provided valuable insights into local venture capital opportunities, including Breakthrough Victoria and Equity Investment Attraction Fund.
Polybee’s expansion into Victoria reinforces the state’s position as a destination for agribusiness investment and innovation. In addition to an exceptional lifestyle and liveability, Victoria offers businesses a prime environment for success and expansion.
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