Indonesian agriculture technology firm Eratani has raised an additional $2 million in a seed extension funding round.
The round, bringing the total seed funding to $5.8 million, had support from SBI Ven Capital through its joint fund with Kyobo Securities and NTUitive, Genting Ventures, Orvel Ventures & Ascend Angels.
With the funding, Eratani aims to improve efficiency, drive sustainability, and foster growth in Indonesia’s agricultural industry, strengthening its position as a key player in the industry.
Previously, Eratani, founded in 2021, had collected $3.8 million in financing from TNB Aura, AgFunder, B.I.G Ventures and Trihill Capital.