# PasarMIKRO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pasarmikro

- Industry: Software
- Headquarters: Jakarta Selatan, Indonesia
- Website: www.pasarmikro.id
- Total disclosed funding: $2.5M
- Latest round: Seed (Nov 4, 2022)
- Investors on record: 6

## About

Based in Jakarta, Indonesia, and founded in 2020, PT Pasar Mikro Global, also known as PT. Global Micro Market, is a B2B aggregated marketplace for agriculture with integrated financing facilities. The company was founded by former Altermyth co-founder Dien Wong. In August 2023, PasarMIKRO raised venture funding from Ceniarth and KFW DEG. As of 2022, the company has a client base of more than 600 users. 

PT Pasar offers a commodity trading application called PasarMIKRO, which functions as a business-to-business aggregated marketplace for agricultural and farming businesses, as well as providing bookkeeping and lending services. The company assists farmers in trading their products and financing their distribution by providing loans of up to 75% of the transaction value with maturities of 3, 7, and 14 days.

The company plans to use the August 2023 funding to support the expansion of its services and to strengthen its network.

## Funding rounds

- Seed, Nov 4, 2022, $2.5M — 1982 Ventures, Gayo Capital, Trihill Capital, Genting Ventures, Resolution Ventures, Rabo Foundation
- Seed, Jan 13, 2022 — 1982 Ventures

## Investors

- 1982 Ventures (https://capitalatlas.ai/funds/1982-ventures) — Seed
- Gayo Capital (https://capitalatlas.ai/funds/gayo-capital) — Seed
- Trihill Capital — Seed
- Genting Ventures (https://capitalatlas.ai/funds/genting-ventures) — Seed
- Resolution Ventures (https://capitalatlas.ai/funds/resolution-ventures) — Seed
- Rabo Foundation — Seed