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Rize Raises $31M in Series B Funding for Sustainable Rice Farming on July 16

2026-07-16 03:25:15

Singapore-based agritech platform Rize announced on July 16 that it raised US$31 million in Series B funding, comprising US$20 million in equity led by BNP Paribas Asset Management Alts and US$11 million in debt from UOB, BIDV, and Temasek Foundation. The equity round also included The Rockefeller Foundation, Temasek, and Breakthrough Energy Ventures, bringing total funding to US$47 million. Rize plans to deploy the capital for export expansion, field-to-buyer traceability, carbon initiatives, AI tools, and geographic growth beyond Vietnam and Indonesia.

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