Thai agritech startup Freshket raises US$3M in Series A funding round led by Openspace Ventures

Freshket, a Bangkok, Thailand-based agriculture technology startup, has raised US$3 million in its Series A funding round led by Openspace Ventures. Also participating in the funding round are Thai private equity firm ECG-Research, Thai public-private joint venture Innospace, Pamitra Wineka and Ivan Sustiawan, co-founders of Tanihub, a leading agritech startup in Indonesia, and existing investors, French/Singaporean food conglomerate Denis Asia Pacific, and Thai family office  Seedersclub.

Founded in 2017 by Ponglada Paniangwet and Tuangploi Chiwalaksanangkoon, Freshket is a leading e-commerce marketplace bringing together farmers and food processors to supply fresh produce to B2B and B2C customers in Thailand. For the B2B segment, the food service market in Thailand alone is worth over $7.7b in annual purchases spread across more than 200,000 restaurants. 

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