Agritech Startup Fasal Raises Big to Grow Smart Farming Practices Across Asia

Fasal, an agritech startup harnessing the power of AI and IoT to optimize crop production, has closed a sizeable Series A raise of $13 million (Rs 100 Crores). This fresh funding will enable Fasal to scale its precision horticulture solutions and traceable supply chain across India and Southeast Asia.

Leveraging crop science insights and farm-level data collection, Fasal provides grower-specific intelligence to boost yields and maximize resource efficiency. The company also procures high-quality produce through its B2B brand Fasal Fresh, ensuring full traceability from farm to fork.

The $13 million series A round was led by TDK Ventures and British International Investment, with contributions from ITI Growth Opportunities Fund, Navam Capital, and Aureolis Ventures. Existing investors 3one4 Capital, Omnivore, Wavemaker Partners, Genting Ventures, and The Yield Labs Asia Pacific also participated.

Fasal plans to direct the new capital towards R&D, enhancing its proprietary IoT and AI crop modeling technology. Funds will also support business expansion and developing advanced data products to foster sustainable horticulture globally. The company aims to scale farming best practices across India and Southeast Asia through its extensive grower network spanning over 75,000 acres.

This substantial series A funding demonstrates strong investor confidence in Fasal’s vision to revolutionize agricultural productivity through precision farming solutions optimized for every grower, crop, and growth stage. With enhanced resources, Fasal is well-positioned to realize its mission of an end-to-end optimized supply chain for high-quality traceable produce.