January 26

Philippine Agri-Fisheries Startup Mayani Nets $1.7 Million in AgFunder-Led Round

Mayani, a Philippine-based agri-fisheries startup, has secured $1.7 million in oversubscribed seed funding anchored by the Silicon Valley agtech venture capital (VC) AgFunder through its GROW Impact Fund.

Mayani said in a statement on Tuesday the funding round, which closed in mid-2022, also paved the entry for a global coalition of backers including the Singapore-based Atlas Ventures and Accelerating Asia Ventures, Australian blue economy-focused firm Ocean Impact Organization, South Korean VC TheVentures, and the United States and Southeast Asia funds of marquee VC Plug and Play Ventures, known for its early investments in over 30 unicorns.

Photo by Jorryn Morais.

Source: TechNode Global (link opens in a new window)

Agriculture, Investing
accelerators, food security, supply chains