Angel Investments

Agri-tech startup Superplum raises $3.8 M

PTI  

Noida-based agritech startup Superplum has raised USD 3.8 million (about INR 28 crore) in a pre-Series A round of funding. It will use the fresh funds to build its farm infrastructure, augment the management team and expand distribution capabilities. Superplum has raised USD 6.8 million since its inception in 2019. The startup aims to address supply chain problems by designing and building a modern supply chain and digitising the farm-to-store network. Under the plan, consumers get fresh and fully traceable food that is free of pesticides and farmers get a better deal. Superplum's early investors include Steve Jurvetson of Future Ventures and earlier DFJ (Tesla, Baidu, Hotmail, SpaceX), Dan Rose of Coatue Ventures and earlier Facebook, Mark Siegel of Menlo ventures (Uber), Kabir Misra of Softbank/RPS ventures, Curtis Macnguyen of Ivory Capital, Ron Snyder (Flextronics, Crocs, Codigo) and Binny Bansal of Flipkart.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.