ARIA, a one-stop solution for Indonesia’s agriculture service, secured US$ 5 million of seed funding led by East Ventures
ARIA, a one-stop solution for Indonesia’s agriculture service, has secured US$ 5 million of seed funding led by East Ventures, who joined the pre-seed round in March 2022. This round of funding was also joined by Triputra Group, Michael Sampoerna, Arkana Ventures, GK-Plug & Play, and other strategic investors.
GREENS aims to empower Indonesia’s 240M non-farmers with its meta-farming solutions
Despite being a country with abundant agricultural resources, Indonesia is facing a threat to its food security. The archipelago loses up to 48 million metric tonnes of food annually primarily due to inefficient processing, storage, transportation, and selling of food crops. It also faces a very high risk of soil erosion. The lack of organic content in the soil harms yields and leads to malnutrition.
Chickin, an Indonesia-based poultry startup, raised seed funding led by East Ventures
Chickin, an Indonesia-based poultry startup, raised an undisclosed amount of seed funding led by East Ventures with the participation of other investors. The investment will accelerate Chickin’s mission in enhancing Indonesia’s food security, where Chickin will allocate the fund to focus on improving their growth, people, technology, partner acquisition, and farmers empowerment to ensure the best quality and maximum amount of production.
Sustainable food production by compression of fishery’s fragmented supply chain in Indonesia: East Ventures’ thesis on local agritech, Aruna
With over 23 million tons of annual seafood production, Indonesia is second only to China in the global seafood market. The fishery sector generates approximately US$ 4.1 billion in annual export earnings, empowers more than 7 million jobs, and contributes 50% of Indonesia's animal-based dietary protein.
Kedai Sayur Raises $4 Million Led by East Ventures
The fresh fund will accelerate Kedai Sayur to onboard more vegetable hawkers and retailers, as well as to develop its technology.