AgriTech

Agritech platform Rize raises $14M in Series A funding co-led by Breakthrough Energy Ventures, GenZero, Temasek, Wavemaker Impact

Rize, an agritech startup formed through a joint venture between Temasek, Wavemaker Impact, Breakthrough Energy Ventures, GenZero to decarbonize rice cultivation in Asia, has announced the closing of its $14 million Series A funding round.

Indonesia’s Elevarm secures $2.6M in seed funding to empower horticulture farmers

Funding round led by Singapore’s Insignia Ventures Partners, with participation from 500 Global and Gibran Huzaifah, CEO and Founder of eFishery.

Indian AgTech firm Superplum completes $15M Series A financing

Superplum, an Indian AgTech company, has announced the completion of its $15 million Series A financing. The round was led by the company’s incoming Chairman, Erik Ragatz, former Partner and current Senior Advisor of the global private equity firm Hellman & Friedman.

Report : India agrifoodtech funding dips to pre-pandemic levels in 2023

The investment in Indian agrifood startups dips to pre-pandemic levels in 2023, plunging 60 percent from 2022 levels to reach just below $1 billion in 2023, a report said Tuesday.

Singapore-based agritech firm DayaTani secures $2.3M seed round financing

In a significant move towards transforming agriculturaltechnology in Indonesia, DayaTani, a farming focused agritech startup based in Singapore, has announced its successful acquisition of $2.3 million in seed round financing. The round sees participation by prominent venture capitalists namely KBI Investment and MDI Ventures backed Ascent Venture Group who…

Indonesian AgriTech Semaai raises $4.7M in Pre-Series A funding led by CyberAgent Capital

Semaai, an Indonesian agritech startup, has raised $4.7 million in a mix of equity and debt financing. CyberAgent Capital led this investment round with participation from new investors, namely Sumitomo Corporation Equity Asia, Ruvento, MyAsiaVC and Heracles Ventures.

Indonesian quick commerce startup Dropezy expands into poultry downstream industry, rebrands to Sekilo

Indonesian quick commerce startup Dropezy has expanded into the poultry downstream industry and rebranded to Sekilo. The firm said that motivated by a commitment to address evolving market demands and capitalize on emerging opportunities, Sekilo stands poised to revolutionize the meat processing and distribution space through innovative solutions.

Indonesia’s aquaculture company eFishery expands to India

Indonesia-based aquaculture company eFishery has announced the completion of its commercial pilot in India, marking a significant milestone in its global expansion journey. The firm has kicked off the pilot project in March of this year, has successfully acquired over 1,000 acres of ponds under contract, and has now distributed more than 3,000 metric tons…

India’s Vegrow raises $46M in Series C funding round led by GIC

Vegrow, an India-based business to business (B2B) fruits marketplace, announced it has raised $46 million in primary and secondary funding. The new funding round is led by GIC, Singapore’s sovereign wealth fund, with significant participation from existing investor Prosus Ventures, and continued support from Matrix Partners India, Elevation Capital, and…

Malaysian agritech startup Qarbotech lands $700,000 seed funding

Qarbotech, a Malaysia-based agritech startup, announced Monday that it has raised $700,000 in seed funding and grants. The round was led by multi-stage venture capital firm, 500 Global, and includes innovation grants from the Temasek Foundation for winning the Climate Impact Innovations Challenge 2023, and Khazanah Nasional’s Dana Impak for winning the…