Reimagining Indonesia’s agriculture by strengthening the supply chain
Indonesia is known as one the world’s major agricultural nations and some of the world’s largest producers and exporters of crops such as rubber, copra, palm kernels, palm oil, coffee, cocoa, and spices. However, Indonesia’s agriculture technology and productivity falls behind neighboring countries, something we believe that we can improve the industry by improving the supply chain.
Gokomodo, Indonesian agribusiness supply chain solution, announces US$ 26 million series A funding led by East Ventures
Gokomodo, an Indonesian agriculture supply chain platform, announced a US$ 26 million series A funding round led by East Ventures. Other investors participating in the oversubscribed round are SMDV, Eight Capital, K3 Ventures, Triputra, Waresix, Indogen Capital, Sahabat Group, and Sampoerna Financial. This funding amount marked as one of the largest series A ticket sizes in Indonesia ever.
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, an integrated food technology startup, secured pre-seed funding led by East Ventures
GREENS, an integrated food technology startup in transforming Indonesia’s food system, announced that it has secured an undisclosed amount of pre-seed funding led by East Ventures, with participation from other investors.
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.