Seeds Capital backs $2.4m round of Singapore agritech firm

Singapore-based DiMuto, a global agrifood trade solutions firm that provides services from harvest to market, has raised over US$2.3 million in its latest funding round.

More funding details

• Lead investor: The Yield Lab Asia Pacific
• New investors: Seeds Capital, Great Giant Pineapple, Patrick Vizzone, Ocean Crest Investments, and Asia Capital Pioneers Group
• Stage: Series A

More company updates

• DiMuto helps cut food waste and optimizes the shelf life of perishable products by improving the supply chain through its digital solutions.
• The company recently tapped fintech startup Opal to jointly develop a payment portal for the agritech firm’s customers.
• Last year, the Singapore Blockchain Innovation Program announced that it is teaming up with DiMuto to explore the use of blockchain technology in tracking and tracing high-value perishables.
• DiMuto, which was founded in 2018, is scaling its product development with the new funding.

For more coverage about the company, head here. You can also click on the link below to view the company’s key details and funding history.