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BASF: invests in WayBeyond in US

( - BASF Venture Capital (BVC), the venture capital arm of BASF, is investing in WayBeyond.

Founded in New Zealand and now based in the US, WayBeyond is an Internet of Things (IoT) and Software as a Service (SaaS) company that aims to improve crop yields, quality and grower profitability.

WayBeyond's solutions not only help growers visualise their crop operations, but also provide them with the recommendations they need to optimise yield and quality, BVC said.

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