Eratani is an Indonesia-based agritech startup. The company has raised an additional $2 million in seed funding, bringing its total seed to $5.8 million. The raise was disclosed in a company statement on Monday. The article does not name any participating investors or provide details on the use of proceeds. No product specifics, operating metrics, or future plans were described in the coverage. Additional financing instruments, prior rounds, and founding-year details were not mentioned in the article. Eratani is an end-to-end farm management platform divided into Agri Financing, Agri Inputs and Agri Output to support farmers through the entire production cycle. It provides working capital, supplies with agronomist-backed usage recommendations, and a market price system for crop distribution. The platform also collects field data and connects farmers with agronomists to help increase yields. Founded in 2021, Eratani is used by more than 10,000 farmers across Java managing roughly 8,000 hectares and producing about 52,000 tons of rice; it aims to work with over 50,000 farmers by the end of 2024. The startup has collaborations with Indonesia’s Agricultural Ministry, the State Logistics Agency and the Ministry of Communications and Informatics’ Startup Studio Indonesia. Eratani announced an oversubscribed $3.8 million seed round led by Singaporean VC TNB Aura with participation from AgFunder, Trihill Capital and B.I.G. Ventures.

Total raised

$6M

Funding rounds

2

Latest round

Seed

Latest activity

Jul 2023