When it comes to agriculture and allied industries, Indonesia is a leading market in Southeast Asia. It has a large growing population, with a fast-expanding middle-class. As the domestic market grows, it will have a higher domestic consumption of food.
The pace of the growth of the industry has opened up immense opportunities for tech startups — both hardware and software. Many companies are already tapping into these opportunities and have made their presence felt. Their revolutionary technologies also won them accolades in the form of funding from prominent VC investors and corporate.
Also Read: All you need to know about Indonesia’s agritech ecosystem
Below is the list of the top-funded startups, which are easing the lives of farmers in Indonesia.
(e27 has just released a comprehensive guide to Indonesia’s agritech ecosystem. Here is a basic version of the report. The full version is available only for our paid members. For any enquiry related to the paid membership, email us to engage@e27.co)
TaniHub (A platform connecting farmers to consumers)
Amount raised to date: US$10 million
Investors: Golden Gate Ventures, Intudo Ventures, Openspace Ventures, DFS Lab, Alpha JWC Ventures.
Kedai Sayur (Digitises vegetable hawkers)
Amount raised to date: US$5.3 million
Investors: East Ventures, Multi Persada, Triputra Group, SMDV.
eFishery (An integrated feeding solution for fish and shrimp farming)
Amount raised to date: US$5.2 million
Investors: InnoVen Capital, Triputra Group, 500 Startups, Unreasonable Capital, Aqua Spark, Wavemaker Partners, Social Capital, GSMA Ecosystem Accelerator, The Perase Lyons Accelerator.
Eden Farm (Delivers fresh produce to restaurants and cafes)
Amount raised to date: US$1.75 million
Investors: S7V, EverHaus, Soma Capital, Global Founders Capital, Y Combinator.
Crowde (A platform connecting small-scale farmers with retail investors)
Amount raised to date: US$1 million
Investors: Mandiri Capital, STRIVE, Crevisse.
iGrow (Building organic farm funded by urban people around the world)
Amount raised to date: US$175,000
Investors: Rekanext, Google Launchpad, 500 Startups, East Ventures.
MSMB (Its RiTx platform focuses on the records of activities to help farmers apply a proper cultivation practice)
Amount raised to date: Undisclosed
Investors: UMG Idealab.
Sayurbox (A web-based platform that offers vegetables and fruit for a healthy lifestyle)
Amount raised to date: Undisclosed
Investors: Patamar Capital, Insignia Ventures Partners.
Jala (Helps shrimp farmers manage their water quality to boost the yield and create a sustainable business)
Amount raised to date: Undisclosed
Investors: Hatch! Program, Conservation International, 500 Startups, Hatch Blue, Brinc.
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