This marks the first investment in a Pakistani startup by a Silicon Valley fund this year. The capital will enable Farmdar to consolidate its leadership in Pakistan and expand its operations across key agricultural markets in Southeast Asia.
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Co-founder Muhammed Bukhari emphasized the importance of the investment, stating, “With agriculture facing unprecedented climate challenges, this funding will allow us to advance climate adaptation efforts in Pakistan and drive growth in Southeast Asia’s crucial agricultural sectors.”
Since its inception in Pakistan in 2021, Farmdar has expanded to cover over 350 million acres globally, supporting more than 200,000 farmers with precision agriculture solutions.
Ammar Hanafi, Managing Director of Moment Ventures, praised the startup’s innovation, noting, “Farmdar has developed a groundbreaking product utilizing satellite technology, proprietary data, and AI. We are thrilled to support its journey, recognizing the significant impact it can have in Pakistan and Southeast Asia.”
