Rize, co-founded by Bengaluru-based Dhruv Sawhney, raises $31 million in Series B funding round
The round includes $20 million in equity and $11 million in debt as Rize expands AI tools, exports and carbon initiatives across Southeast Asia.
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Singapore's Rize Raises $31M to Scale Low-Emission Rice Farming Across Asia
5 Mins Read Singaporean agritech startup Rize has closed a $31M Series B investment to aggressively expand sustainable, low-methane rice farming across Southeast Asia. Rize, a Singapore-based startup futureproofing rice production, has secured $31M in funding to scale up its agronomy platform and cut methane emissions across Southeast Asia. The Series B round includes $20M in equity funding led by BNP Paribas Asset Management, with further parti…
Rize, co-founded by Bengaluru-based Dhruv Sawhney, raises $31 million in Series B funding round
Rize employs irrigation method which reduces methane emissions by up to 50%, cuts water consumption by 20–30%, and increases farmer income by up to 30%, without reducing yield.
Temasek-backed agritech startup Rize raises $31 million to fund expansion
Sustainable agritech platform Rize has raised thirty-one million dollars for expansion. This funding will support operations across Southeast Asian markets beyond current locations. The company aims to expand its alternate wetting and drying practices for farmers. Rize also plans to open its platform to third-party providers and service providers. This capital will drive export growth and fund modern farming tools for teams.
Agritech Rize raises $31 million in Series B as mix of equity and debt
Rize has raised $31 million in a Series B round of equity and debt to expand in Vietnam and Indonesia. The company is also evaluating an India entry, likely starting with southern rice farmers, within the next six months to a few years.
Technologueid Jakarta Agritech company Rize announced that it has successfully closed a Series B funding round worth US$31 million, or around Rp505 billion at an exchange rate of Rp16,300 per US dollar. The funding,...
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