EdenFarm Indonesia is a technology company.
EdenFarm Indonesia has raised $33.0M across 2 funding rounds.
EdenFarm Indonesia has raised $33.0M in total across 2 funding rounds.
EdenFarm Indonesia has raised $33.0M in total across 2 funding rounds.
EdenFarm Indonesia's investors include AC Ventures, AppWorks, Quona Capital.
EdenFarm Indonesia is an agritech startup founded in 2017 that operates a B2B food supply chain platform, delivering fruits and vegetables directly from farmers to restaurants, cafes, and other food service providers across Indonesia.[1][2][3][4] It solves inefficiencies in the traditional multi-layered supply chain—such as volatile prices, inconsistent quality, and low farmer incomes—by eliminating middlemen, offering buyers stable pricing and quality, and providing farmers with revenue guarantees and demand forecasts.[1][2] The company has raised $32.5M in total funding, including a $13.5M pre-Series B round led by Telkomsel with participation from AppWorks, AC Ventures, and Capria Ventures, employs around 600 people, and reports $316.8M in revenue, signaling strong growth momentum in Indonesia's agritech sector.[3]
EdenFarm was founded in 2017 by David Setyadi Gunawan, who serves as CEO, with the goal of building a comprehensive food distribution network for Indonesia.[2][3][4] Gunawan identified critical pain points in the country's fragmented agricultural supply chain, where multiple intermediaries led to price instability and farmer vulnerabilities, prompting the creation of a tech-driven platform to connect smallholder farmers directly to B2B buyers like restaurants and cafes.[1][2] Early traction came from forging direct farmer partnerships and introducing innovations like precision agriculture using IoT to minimize losses, while recent pivots include launching Tuang Tuang, a B2C product to shield farmers from commodity price swings.[2]
EdenFarm rides Indonesia's booming agritech wave, addressing a $100B+ food supply market strained by fragmented chains, urbanization, and rising demand from 300,000+ food service outlets.[1][3] Its timing aligns with post-pandemic supply disruptions and government pushes for digital agriculture, leveraging IoT and data analytics amid a 20%+ CAGR in Southeast Asian agritech.[2] By empowering smallholder farmers (who produce 80% of Indonesia's fruits/veggies) with tech and market access, it influences the ecosystem, fostering innovation adoption and competing with platforms like PasarMIKRO and FarMart while contributing to food security and rural economies.[1][2]
EdenFarm's trajectory points to dominance in Indonesia's B2B agrifood space, with potential for regional expansion via its funding war chest and proven model amid e-commerce and IoT growth in agriculture.[3][2] Trends like AI-driven forecasting, climate-resilient farming, and B2C scaling through Tuang Tuang will shape its path, possibly leading to Series B and acquisitions that amplify its supply chain efficiency.[1][2] As it evolves from startup to infrastructure player, EdenFarm could redefine farmer livelihoods and urban food access, building on its mission to create the most efficient network in a market ripe for disruption.[1][3]
EdenFarm Indonesia has raised $33.0M across 2 funding rounds. Most recently, it raised $14.0M Series B in January 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2023 | $14.0M Series B | AC Ventures, AppWorks, Quona Capital | |
| Nov 1, 2021 | $19.0M Series A | AC Ventures, AppWorks, Quona Capital |