Koltiva, an Indonesia and Switzerland-based company that offers agricultural supply chain solutions, has raised an undisclosed amount in an oversubscribed funding round led by Silverstrand Capital. An existing investor (name undisclosed) and new investors including The Meloy Fund, Planet Rise, and Development Finance Asia also participated in the round.

The funds will be used to accelerate the development of existing technologies used in providing traceability data and agronomic advice to smallholder farms and support the commercialization of two new platforms KoltiPay (a FinTech platform for cashless payment and crop insurance) and KoltiTrade (a platform to buy agri-inputs and provide farmers access to better markets and prices).

Founded in 2013, Koltiva offers AgriTech, FinTech, climate tech, and EdTech-related platforms to digitalize the global supply chain. In the agriculture sector, Koltiva offers a trading platform that allows farmers to trade crop inputs, crops, and carbon credits and features a learning platform. As of date, the company has over 700,000 farmers and 23,000 business customers across 27 countries registered on its various platforms.