- Following a past US$ 2.35 million boost in 2021, the new funding comes.
- Money will help the country expand into Latin America and the US.
DiMuto, a global AgriFood trade solutions company based in Singapore, has successfully closed its Series A funding round, raising US$ 5.9 million ( RM25.8 million ). The Offer Lab Asia Pacific led the square, and prominent investors included Dave Chen, Gold Sceptre Limited, and SiS Cloud Global Tech Fund. Existing investors SEEDS Capital, SGInnovate, and PT Great Giant Pineapple also participated, following their involvement in DiMuto’s earlier US$ 2.35 million ( RM10.2 million ) fundraising in 2021.
DiMuto is a pioneer in the global food supply network, integrating cutting-edge technologies like AI, bitcoin, and IoT. The new funding will aid in its development into important industry, particularly in Latin America and the United States, and help to advance the development of its cutting-edge digital ecosystem.
The business highlighted how the tri-layer online options are changing the agrifood sector. Its Trade Management Platform digitizes every bottle of agrifood products for data visibility and quality control, while its recognizable Marketplace connects verified customers and suppliers to improve trust and transparency. Moreover, its Financial Services offer post-shipment business financing to meet pressing financial requirements and aid the development of agrifood companies.
This alternative approach improves operating performance and strengthens the entire supply chain, making DiMuto a innovator in the agrifood sector.  ,
Gary Loh ( pic ), founder and CEO of DiMuto, remarked,” In a year marked by global economic challenges, this influx of capital validates the company’s growth trajectory and will enable us to leverage our momentum in the Latin American and US markets, bringing us closer to our mission of redefining global Agritrade”.
On the final of the gate large, Lim Hwee Hai, managing chairman of SiS Asset Management, expressed satisfaction in supporting DiMuto and lending experience to the expansion of its AI-powered Financial Services. He noted that the AgriFood business was eager to see such business financing options, with DiMuto’s real-time information capture and AI-driven economic ranking poised for great success.
DiMuto furthermore plans to expand its Marketplace shoulder and walk into greenhouse-based crops and climate-adaptive variety growth. This approach may improve year-round provide resilience and expand SoLuna Fresh, a private label company that has successfully marketed recognizable fresh create from Latin America to Eastern markets, especially in the tropical and berry categories.
The most recent Series A funding strengthens buyer confidence in DiMuto’s creative approach and establishes its position as a world leader in the agrifood industry. With this new money, DiMuto is set to expand its goal of transforming the AgriFood provide network through modernization, enhancing transparency, and fostering sustainability across the industry.