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Singapore's Rize secures $31M in Series B funding led by BNP Paribas Asset Management. The funds will support exports, AI tools, and expansion efforts.
PRIVATEJul 16, 2026•24 days ago
Amount Raised
$31 Million
Round Type
Series B
RiyadhOtherReal EstateInvestors
UobTemasek FoundationBidvBreakthrough Energy VenturesTemasekThe Rockefeller FoundationBnp Paribas Asset Management
Description
Rize, an agritech startup based in Singapore, has raised $31 million in Series B funding, including $20 million in equity and $11 million in debt. The equity round was led by BNP Paribas Asset Management, with participation from The Rockefeller Foundation and existing investors. The funds will be used to enhance exports, develop AI-powered tools for farmers, and strengthen supply chains. Rize works with 17,000 smallholder farmers across Indonesia and Vietnam, expanding its operations significantly over the past two years.
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Funding Insights
Based on industry dataTimeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech