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The Challenge

The global agriculture and food sector is facing the challenge of feeding 9.7 billion people by 2050, which is 2 billion more than today. Additionally, consumption per capita is expected to increase fast as more people are entering the middle class.

While agriculture is a long established and growing market globally, the industry is urgently required to reinvent itself. In fact, agricultural supply is under threat, while demand is rapidly increasing. Climate change is leading to lower agricultural production performance and higher volatility. Labour availability for farming is decreasing as a consequence of urbanisation. Finally, arable land is reducing due to soil depletion and alternative use.

 

The Opportunity

On a global scale, agriculture is a USD 3 trillion market, growing at 4% per year and employing c. 28% of the total population. However, most parties involved in agriculture make decisions with hardly any data while massive investments are continuously made in the industry.

The rise of information & communication technologies (ICT), satellite-generated data, big-data techniques (incl. machine learning) and cloud computing provide an opportunity to aggregate data, create actionable insights and make these available in real-time to key decision makers at much lower costs.

Agriculture and food industries have yet to go through a data revolution.

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Our Solution

Impact Terra is a leading AgriTech providing analytics for the global food and agriculture market. The company focuses on improving food security and reducing climate risk. Its software-based platforms provide businesses and governments with global agriculture & climate analytics, and smallholder farmers with actionable advice. Impact Terra was founded in Myanmar in 2016 and currently operates from Amsterdam and Singapore. The company raised USD 3 million of growth funding till date.

Business Product: GPCI

The Golden Paddy Crop Insights Portal (GPCI) aggregates and analyses trillions of data points from satellites and weather stations and provides meaningful insights that enable informed agricultural decision making. The portal provides decision makers with easy-to-use dashboards, maps and alerts. GPCI enables clients across the global food, feed, insurance, finance and government sectors to make fact-based decisions. For further information, please refer to our Insights Portal page.

Farmer App: Golden Paddy

The Golden Paddy Mobile Application (GP) provides smallholder farmers with crop and location specific growing advice, market access and financing opportunities. Smallholder farmers receive push notifications with alerts and advice, Good Agricultural Practices (GAP), market prices and listings of buyers and sellers. For further information, please refer to our Farmer Platform page.

 


VISION

A thriving, sustainable and inclusive global agriculture sector that is able to mitigate climate risk, improve food security and secure livelihoods

MISSION

To empower agricultural stakeholders around the world with fact-based insights