Chickin Indonesia has raised US$20 million in its Series A+ funding round.

This investment was led by Granite Asia and included contributions from several notable investors.

The funding round saw participation from East Ventures, Integra Partners, the Asian Development Bank, 500 Southeast Asia, and Heracles.

The funds are earmarked for expanding production capacity and upgrading information technology and Internet of Things solutions.

Chickin Indonesia also plans to use the new capital to diversify its product offerings.