Indonesian agri-tech firm Eratani has secured $6.2 million in Series A funding, led by Clay Capital, with participation from TNB Aura, SBI Ven Capital, AgFunder, Genting Ventures, and IIX.
The funding reflects strong investor confidence in Eratani’s mission to modernize Indonesia’s rice industry. It aligns with the government’s goal of achieving national rice self-sufficiency by 2027 under the Prabowo administration.
Eratani plans to use the funds to scale precision agriculture tools, on-farm mechanization, and sustainable farming practices nationwide.
Indonesian agri-tech startup Eratani has raised $6.2 million in a Series A round led by Clay Capital, with participation from TNB Aura, SBI Ven Capital, AgFunder, Genting Ventures, and IIX, the company announced on Thursday.
The funding reflects growing investor confidence in Eratani’s mission to modernize the country’s rice sector. It aligns with the Indonesian government’s push to achieve rice self-sufficiency by 2027—a strategic priority for the Prabowo administration.
With the fresh capital, Eratani will ramp up the deployment of precision farming tools, on-farm mechanization, and sustainable cultivation practices to boost farmer productivity, improve profitability, and advance national climate goals.
“At Eratani, we believe economic, social, and environmental impact can go hand-in-hand,” said Andrew Sherman, Co-founder and CEO of Eratani. “We’re focused on building a strong foundation for scalable growth—one that delivers long-term value to farmers, strengthens the agri-ecosystem, and supports Indonesia’s food security.”
Founded in 2021, Eratani is an integrated agri-tech company that focuses on improving farmers’ livelihoods through innovation and technology.
By providing access to financing, quality inputs, agronomic knowledge, and market linkages, Eratani empowers farmers to boost productivity and build long-term sustainability.
Its end-to-end platform connects all parts of the agricultural value chain—from upstream to downstream—driving greater efficiency and resilience across the sector.
Since its inception, Eratani has delivered strong results, particularly in supporting smallholder rice farmers through its holistic, tech-enabled ecosystem.
Eratani has supported over 34,000 farmers across Java and Sulawesi, many of whom have gained access to formal financing for the first time.
The company has built a robust ecosystem by partnering with 600 agricultural kiosks and 70 rice milling units, reinforcing its role across the agricultural value chain.
In 2024, it improved cultivation practices across more than 13,000 hectares of rice farms, resulting in an average yield increase of 29% and a 25% increase in farmer incomes.
Eratani has also produced over 112,000 tons of rice and grain, contributing to national food security.
By bridging gaps between fragmented stakeholders and offering end-to-end support, Eratani addresses core challenges in Indonesia’s rice sector.c
Eratani’s digital platform empowers smallholder farmers with access to affordable financing, quality inputs, agronomic support, and better market opportunities.
Co-founder and CFO Bambang Cahyo Susilo highlighted digitalization as a cornerstone of Eratani’s impact:
“By leveraging data-driven insights, we manage risk more effectively and enable smarter decision-making on the ground,” he said.
“This enhances operational efficiency and helps us build a more resilient farming ecosystem as we expand into key districts nationwide.”
Rice, a staple for over half the world’s population and a vital source of calories in developing countries, is among the most environmentally taxing crops.
Flooded rice fields contribute 1.5% to 2% of global greenhouse gas emissions—on par with the aviation industry—and nearly half of all cropland-related emissions.
Moreover, rice cultivation demands a massive water footprint: 3,000 to 5,000 liters per kilogram—two to three times that of other cereals.
Gerard Chia, Partner at Clay Capital, commented:
Eratani is redefining possibilities for smallholder farmers in Indonesia. As the ‘connective tissue’ in a fragmented rice farming ecosystem, their integrated, farmer-first model sets them apart from typical agritech solutions.
Beyond improving livelihoods and productivity, Eratani is positioned to drive systemic change through sustainable practices and future opportunities tied to evolving carbon markets.”
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