Press release

Pavo Teams with TAKE Energy Corporation of Japan

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Pavo, a software company providing a fee-based IoT Blockchain software platform for the agriculture ecosystem, announced today a partnership with TAKE Energy Corporation of Japan, which will see the deployment of Pavo’s solution in Japan.

Already deployed in Turkey and California, Pavo’s IoT Blockchain software platform has demonstrated its ability to increase hazelnut yields by as much as 30 percent.

TAKE Energy Corporation manages, designs and builds electrical power plants, including solar power plants, in Japan. The company possesses special know-how in navigating the process of procuring construction contracts and financing while clearing various regulatory restrictions, to provide clean, sustainable, electrical power.

The agreement signed between Pavo and TAKE also provides for joint development of Pavo’s online marketplace and digital cryptocurrency settlement process within TAKE’s jurisdiction.

Remarking on the agreement, Erhan Cakmak, co-founder and CEO of Pavo said:

“We are delighted to partner with TAKE to develop the Japanese market, as we continue work on our plans to expand geographically and execute on our growth plan, expanding our reach in a global ecosystem which demands sustainable, traceable, food on their table from known sources.”

The partnership falls under the domain of TAKE’s pre-existing initiatives in water and energy conservation in the Japanese agricultural sector in the Kumamoto prefecture.

TEC Founder and CEO Kazuma Takemoto, said:

“TEC brings regional expertise that helps deliver Pavo’s highly evaluated solution to the  customers in Japan. We welcome Pavo as a partner and their ability to expand the reach of Pavo solution capabilities throughout Japan.”

About Pavo

Pavo provides an intelligent, state-of-the-art, IoT blockchain software platform for farmers to manage  their business from seed to consumption. Pavo enables growers to make smarter, faster agricultural and business decisions based on real-time data.

Pavo’s cloud-computing based platform and leading edge IoT blockchain technology enables real-time management of farms, ensuring the highest yield of the highest quality product, while ensuring sustainable farming practices.

Contact

David Howard, VP of Strategy and Market Development

[email protected]

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