Funding Alert

Semaai, an Indonesian agritech firm, has raised $1.25 million in a round led by Sequoia Surge and Beenext

• ByStartupStory     |    February 16, 2022

Sequoia Surge and Beenext led a $1.25 million pre-seed round for Indonesian agri-tech company Semaai.

Surge, Sequoia Capital India’s rapid scale-up program for businesses in India and Southeast Asia, and Beenext led the pre-seed fundraising round.

While Semaai is based in Central Java, Indonesia, a substantial portion of the funds will be used to grow the company’s technical and product teams in India, according to a release.

Semaai will use a substantial portion of the money to develop its technical and product teams in India, despite the fact that the company is based in Indonesia.

Through its staff of qualified agronomists, the firm offers individualized advice, as well as access to productivity tools such as soil testing technologies and farming supplies such as seed and fertilizer products.

Semaai intends to extend its network of service delivery centers, beginning with toko tanis (agri-retailers) and eventually reaching the great majority of smallholders in rural Indonesia, according to the company.

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