The winner of the EQT Impact Pitch Competition Southeast Asia, Qarbotech, has received an investment of 100k EUR from EQT Foundation as part of a 1.5mn USD seed funding round. An agritech company using nanotechnology to enhance photosynthesis in plants, Qarbotech’s solution mimics chlorophyll to improve light absorption, speeding up plant growth and increasing oxygen production. This boosts crop yields while reducing reliance on chemical fertilizers by focusing on plants’ ability to utilize light, distinguishing Qarbotech from traditional soil-focused methods.

Climate change has significantly impacted crop production in Southeast Asia, causing financial losses for millions of smallholder farmers. A key issue is the inefficiency of plants’ conversion of light into sugars through photosynthesis. This limits crop yields and also reduces the plants’ ability to capture carbon dioxide and release oxygen, further exacerbating environmental issues. Qarbotech’s solution acts as a turbocharger for plant’s photosynthesis. Their chlorophyll-like compound, QarboGrow, further amplifies photosynthesis, increasing crop yields by 30% and optimising fertilizer usage by 25%.

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About EQT FoundationEQT Foundation is the philanthropic arm and long-term shareholder of the global investment organization EQT, acting as a guardian of EQT’s purpose and values. The Foundation supports scientists and entrepreneurs bringing breakthrough solutions from lab to market, combining EQT’s expertise with catalytic investments and grants. With a focus on supporting scientific progress in underfunded areas of climate and health, the Foundation provides a learning platform for EQT employees to engage in philanthropy and work collaboratively across the globe to make a positive impact. For more information, please visit eqtfoundation.com and follow us on LinkedIn.

About Qarbotech

Qarbotech is a leading sustainability and green tech company that is committed to using technology to make a positive impact on the world. The company’s flagship product, QarboGrow, is a revolutionary photosynthesis enhancer that helps farmers increase crop yields by up to 60%, while reducing their environmental footprint. With its roots in Kuala Lumpur, Malaysia, Qarbotech is making waves across Southeast Asia, particularly in Malaysia and Indonesia, by promoting sustainable agriculture solutions that also contribute to carbon sequestration. For more information, please visit https://qarbotech.com/.