Eratani closes Series A to boost food security and rice production across Indonesia

Eratani Secures US$6.2 Million to Digitally Transform Indonesia’s Rice Sector Amid Funding Crunch

In a rare bright spot for Indonesia’s startup scene, agritech platform Eratani has raised US$6.2 million in Series A funding, defying a broader slowdown in venture capital across the country. The funding round, led by Clay Capital with support from TNB Aura, SBI Ven Capital, AgFunder, Genting Ventures and IIX, underscores investor confidence in Eratani’s […] The post Eratani Secures US$6.2 Million to Digitally Transform Indonesia’s Rice Sector A…

Eratani closes Series A to boost food security and rice production across Indonesia

[Disclosure: AgFunderNews’ parent company AgFunder is an investor in Eratani.] Indonesia-based Eratani has closed a $6.2 million Series A funding round for its ag marketplace that helps farmers digitize their operations, boost productivity, and better meet demand for rice. Agrifoodtech investor Clay Capital led the round with participation from SBI Venture, TNB Aura, AgFunder, Genting Ventures, and IIX. Eratani will use the funding to expand its…