INDONESIA POULTRY TECH FIRM PITIK RAISES $14M IN SERIES A FUNDING LED BY ALPHA JWC VENTURES
19/05/2022
Indonesia’s largest poultry tech startup Pitik announced on Thursday its $14 million Series A funding round led by Alpha JWC Ventures with participation from existing investors MDI Ventures and Wavemaker Partners.
With this fresh funding, Pitik will expand its ecosystem to empower more chicken farmers in Indonesia.
Launched mid-2021 by serial entrepreneurs Arief Witjaksono and Rymax Joehana, Pitik aims to empower poultry farmers in Indonesia. The company said it is building the largest community of poultry farmers in Indonesia and equipping them with end-to-end solutions on technology, financing, and supply-chain. Through its services, Pitik solves inefficiencies in farm production and streamlines the supply chain to create a fair ecosystem for farmers to grow and improve their welfare.