Announced

Completed

A consortium of investors led a $14m Series A round in Rize.

Synopsis

A consortium of investors including Breakthrough Energy Ventures, GenZero, Temasek and Wavemaker, led a $14m Series A round in Rize, an agritech platform dedicated to making sustainable rice cultivation viable through innovative and data-driven practices. “We are proud to continue our investment in Rize. The outcomes that Rize achieved in the last 18 months is testament to the robustness of its collective value proposition and business model. With this round of capital injection, we have every confidence in Dhruv and team to scale the adoption of sustainable farming techniques across the region, scaling the impact of decarbonisation and livelihood improvement of smallholder farms," Marie Cheong, Wavemaker Founding Partner.

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