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Indonesian agritech firm Elevarm nets $4.25m pre-series A
Indonesian agritech company Elevarm has obtained US$4.25 million in a pre-series A funding round led by Intudo, with participation from Insignia Ventures Partners and 500 Global.
The company plans to use the funding to develop new agricultural inputs and expand its seedling options.
It will also launch AI-driven digital tools to improve farming practices.
Founded in 2022, Elevarm specializes in horticulture production and offers agricultural inputs, including seeds, bio-based fertilizers, and environmentally friendly pest control solutions.
Operating in West Java, Central Java, and Yogyakarta, Elevarm claims to have supported over 15,000 farmers.
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