How Much Did AgriAku Raise? Funding & Key Investors

AgriAku has successfully navigated 5 funding rounds, securing investments from 17 investors, including Ascent Venture Group and Argor Capital. The company leverages technology to act as a distribution bridge for farmers, partners, and producers, collaborating with over 23,390 partners across Indonesia.

Keep reading to explore the intricacies of AgriAku's fundraising journey and the investors backing this innovative agribusiness platform.

What Is AgriAku?

AgriAku is a technology-based agribusiness company located in Jakarta, Indonesia. The company operates in the Agriculture, AgTech, B2B, and Farming sectors, and has an employee count of 101-250.

Founded to act as a distribution bridge for farmers, partners, and producers, AgriAku collaborates with over 23,390 partners across Indonesia. The company provides agricultural production facilities that can be ordered through their application, enhancing the efficiency and profitability of farmers.

How Much Funding Has AgriAku Raised?

1. Series Unknown
   • Amount Raised: Not publicly disclosed
   • Date: January 2024
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: Likely aimed at scaling operations and expanding market reach.
2. Series A
   • Amount Raised: USD 5,000,000
   • Date: November 2022
   • Lead Investors: Not publicly disclosed
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To enhance technology and expand market reach.
3. Series A
   • Amount Raised: USD 35,000,000
   • Date: July 2022
   • Lead Investors: Alpha JWC Ventures, MDI Ventures
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To scale operations and enhance technology.
4. Seed
   • Amount Raised: USD 6,000,000
   • Date: March 2022
   • Lead Investors: Argor Capital
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To support initial growth and market entry.
5. Seed
   • Amount Raised: Not publicly disclosed
   • Date: December 2021
   • Lead Investors: ARISE
   • Valuation at Round: Not publicly disclosed
   • Motivation Behind the Round: To establish the company and develop its initial offerings.

Total Amount Raised: USD 46,000,000

Current Valuation: Not publicly disclosed

Key Investors

• Alpha JWC Ventures
  • Details: Alpha JWC Ventures is a Southeast Asia-focused venture capital firm. They have a strong presence in the region and are known for their hands-on approach with portfolio companies.
  • Investment Focus Areas: Fintech, E-commerce, SaaS
  • Notable Investments: Ajaib, Kopi Kenangan, Carro
• MDI Ventures
  • Details: MDI Ventures is a corporate venture capital initiative by Telkom Indonesia. They focus on strategic investments that align with Telkom's business interests.
  • Investment Focus Areas: Telecommunications, Fintech, E-commerce
  • Notable Investments: Kredivo, PayFazz, SiCepat
• Argor Capital
  • Details: Argor Capital is an investment firm that focuses on early-stage companies. They have a diverse portfolio across various sectors.
  • Investment Focus Areas: Technology, Healthcare, Consumer Goods
  • Notable Investments: Not publicly disclosed
• ARISE
  • Details: ARISE is a venture capital firm that invests in innovative startups. They aim to support companies that have the potential to disrupt traditional industries.
  • Investment Focus Areas: Technology, Fintech, Healthtech
  • Notable Investments: Not publicly disclosed
• GentreeFund
  • Details: GentreeFund is an investment firm that focuses on high-growth companies in Southeast Asia. They provide both financial and strategic support to their portfolio companies.
  • Investment Focus Areas: Technology, Consumer Goods, E-commerce
  • Notable Investments: Not publicly disclosed

What's Next for AgriAku?

AgriAku's recent $5 million Series A funding opens doors for significant expansion and scaling of its operations. This financial boost positions the company to enhance its marketplace and technology, potentially entering new markets within Indonesia's agricultural sector.

Future fundraising opportunities seem promising, with the Series A round laying the groundwork for subsequent rounds. However, AgriAku may face challenges such as competition from other agricultural marketplaces and regulatory hurdles. Continuous innovation will be crucial to maintaining its competitive edge.

Use Clay to Get Funding Data

Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like AgriAku and gather other critical business insights. Sign up for free to start enhancing your sales strategies today.