Tech Company Financing Transactions
Elevarm Funding Round
On 3/13/2025, Elevarm landed $4.3 million in Series A funding from Intudo Ventures, 500 Global and Insignia Ventures Partners.
Transaction Overview
Company Name
Announced On
3/13/2025
Transaction Type
Venture Equity
Amount
$4,250,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to implement a number of strategic initiatives, namely: Expand seedling varieties -- offering more options to help farmers choose the best crops for their land and goals; Develop new agri-inputs -- creating bio-based fertilizers, pest control solutions, and other products through NextBio to enhance soil health, promote biodiversity, and increase crop resilience; Launch AI-powered digital tools -- providing real-time insights to optimize farming practices, automate tasks, and support smarter decision-making for both farmers and Elevarm's field team.
Company Information
Company Status
Private & Independent
Industry
AgTech
Mailing Address
Jl. Ir. H. Juanda No.477 A, Ciburial
Cimenyan, Kabupaten Bandung, Jawa Barat, 40135
Indonesia
Cimenyan, Kabupaten Bandung, Jawa Barat, 40135
Indonesia
Phone
Undisclosed
Website
Email Address
Overview
Elevarm is committed to contribute towards a sustainable agriculture ecosystem through strong collaborations with the whole upstream stakeholders in order to achieve mutual growth.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bayu Rachmat
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