Eden Farm Announces 271 Billion Rupiah Series A Funding Led by AppWorks and AC Ventures
This round also supported by Trihill Capital, OCBC Ventures, Investible, Corin Capital, and former investor Global Founders Capital.
Agritech startup Eden Farm announced the series A funding of $19 million or equivalent to 271.1 billion Rupiah. The round was led by AppWorks and AC Ventures, with the participation of Trihill Capital, OCBC Ventures, Investible, Corin Capital, and former investor Global Founders Capital.
This funding continues Eden Farm's pre-series A round led by investible in February 2021. With the mission of "Feeding the Nation", Eden Farm has built an integrated food distribution network since 2017. The goal is to simplify the supply chain to increase margins by reducing prices and cutting out middlemen.
In its service, they also provide accurate demand forecasts for farmers by implementing digital acceleration, and achieving production predictability.
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