Rize has secured US$14 million in Series A funding to advance sustainable rice farming practices and expand its operations in Southeast Asia.
Target Information
Rize is an innovative agritech platform focused on promoting sustainable rice cultivation through data-driven solutions. With a mission to combat the environmental challenges associated with traditional rice farming practices, Rize aims to enhance agricultural resilience while improving crop yields and lowering operational costs for rice farmers. The company recently completed a US$14 million Series A funding round aimed at advancing its technological capabilities and expanding its operations across Indonesia, Vietnam, and other regions in South and Southeast Asia.
Rize’s technology stack integrates a robust Measuring, Reporting, and Verification (MRV) system that captures essential agricultural data. This technological framework not only helps farmers adopt sustainable practices but also significantly contributes to reducing carbon emissions associated with rice production, which accounts for over 10% of global methane output.
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Industry Overview
The rice industry is a critical sector in South and Southeast Asia, providing a primary food source for millions. Nonetheless, traditional rice farming practices, typically characterized by water-intensive irrigation and flooded fiel
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invested in
Rize
in 2024
in a Series A deal
Disclosed details
Transaction Size: $14M