Indonesia’s EdenFarm raises $13.5M funding led by TMI, AppWorks, AC Ventures

EdenFarm, a food service-focused startup based in Indonesia, has secured $13.5 million in its latest Pre-Series B bridge round led by Telkomsel venture arm Telkomsel Mitra Inovasi (TMI), AppWorks, and AC Ventures.

The round was also supported by Decart Ventures, Fubon Capital, Trihill Capital, OCBC NISP Ventura, Nakhla and Capria Ventures, EdenFarm said in a statement.

According to the statement, the funds raised will deepen EdenFarm’s penetration across key farming partners in Indonesia, improving customer experience with tech-based solutions for the country’s most pressing food security and efficiency problems.

EdenFarm aims to build a food supply chain ecosystem in Indonesia that is profitable and sustainable for the farmers and all stakeholders.

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