Rize’s technology stack captures vital agricultural data essential for implementing sustainable farming practices. According to the company, this makes rice farmers more climate resilient, while increasing their crop yields, lowering costs and facilitating their access to finance.
Sustainable rice cultivation agritech platform Rize has raised US$14 million ($18.97 million) in a Series A round co-led by Temasek, GenZero, Breakthrough Energy Ventures and Wavemaker Impact.
In a May 9 statement, Rize says the investment will enhance its technology stack, including its measuring, reporting and verification (MRV) technology and support further expansion into Indonesia, Vietnam and across South and Southeast Asia.
