Agritech Rize raises $31 million in Series B as mix of equity and debt

Agritech company Rize raised $31 million in a Series B funding round, combining equity and debt, to expand its operations in Vietnam and Indonesia. The round included $20 million in equity led by BNP Paribas Asset Management Alts and Temasek, alongside $11 million in debt from various banks. Rize is also considering entering the Indian market, targeting southern rice farmers within the next few years.

Read the source (Mint Companies)

More from News Studio