# PT. Eden Pangan Indonesia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-eden-pangan-indonesia

- Industry: Logistics & Distribution
- Headquarters: Jakarta, Indonesia
- Website: www.edenfarm.id
- Total disclosed funding: $22M
- Latest round: Series A (Nov 8, 2021)
- Investors on record: 10

## About

Founded in 2017 and based in Jakarta, Indonesia, PT. Eden Pangan Indonesia also known as Eden Farm operates as a business-to-business marketplace. The company was founded by its CEO David Setyadi Gunawan. In January 2023, PT. Eden Pangan Indonesia raised USD 13.5 million in pre-series B funding led by new investor TMI Ventures. New investors Capria Ventures, Decart Ventures, Fubon Financial Holding, and Nakhla VC, and returning investors AC Ventures, AppWorks, OCBC NISP Ventura and Trihill Capital also participated in the round. The funding will be used to expand the company's business in Indonesia by improving its tech-based B2B platform solution.

Eden Farm provides a food distribution platform through which it enables Indonesian farmers to sell their fruits, meats, and vegetables directly to restaurants, cafes, and other culinary businesses locally. Eden Farm’s platform offers farmers various tools to simplify their supply chain, ensure stable pricing for their products and minimize the food waste caused by unsold goods. As of 2021, Eden Farm distributes the following products: hydroponic, vegetables, fruits, dry goods, chili and onion, meat, and seafood.

PT. Eden Pangan Indonesia plans to use its March 2021 funding to offer an increased stock-keeping units selections for merchant partners and expand its operations in Sumatra and Java regions.

## Funding rounds

- Series A, Nov 8, 2021, $19M — Global Founders Capital, AppWorks, Investible, OCBC NISP Ventura, AC Ventures, Corin Capital, Trihill Capital
- Seed, Sep 3, 2019, $1.7M — Y Combinator, Global Founders Capital, Soma Capital Management, S7V
- Seed, Aug 14, 2019, $1.8M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed, Series A
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- S7V — Seed
- AppWorks (https://capitalatlas.ai/funds/appworks) — Series A
- Investible (https://capitalatlas.ai/funds/investible) — Series A
- OCBC NISP Ventura — Series A
- AC Ventures — Series A
- Corin Capital (https://capitalatlas.ai/funds/corin-capital) — Series A
- Trihill Capital — Series A