Climate Tech Pioneer Rize Secures $31M Series B to Advance Sustainable Global Agriculture
What is the news?
Singapore-based agritech enterprise Rize has successfully raised $31 million in its Series B funding round, utilizing a balanced combination of equity and debt financing. The capital injection marks a major milestone for the climate-tech sector, drawing investment from institutional heavyweights including BNP Paribas Asset Management Alts, Temasek, The Rockefeller Foundation, and Breakthrough Energy Ventures. Strategic debt facilities were extended by United Overseas Bank, the Bank for Investment and Development of Vietnam, and the Temasek Foundation.
Why is it interesting?
Founded by Bengaluru-based entrepreneur Dhruv Sawhney, Rize positions itself at the intersection of data-driven technology and environmental preservation. The company explicitly focuses on modernizing traditional rice cultivation methods, helping smallholder and commercial farmers increase agricultural yields while systematically lowering methane and greenhouse gas emissions.
Currently dominating its target operational corridors within Southeast Asia specifically across Vietnam and Indonesia Rize intends to deploy the fresh capital to enhance its core technology platform and expand market operations. Demonstrating the cyclical nature of the global Indian diaspora’s impact, the company has also shortlisted India as a key target market for its upcoming phase of geographical expansion, proving that solutions engineered for global landscapes hold immense value for domestic application.
Read more: Agritech startup Rize raises $31 Mn in Series B round