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# Thailand's agritech startup Freshket raises $23.5 million in Series B
- URL: https://www.techloy.com/thailands-agri-tech-startup-freshket-raises-23-5-million-in-series-b/
- Published: 2022-05-20T11:08:23.000Z
- Updated: 2022-12-08T00:46:32.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Agritech, Thailand

[Freshket,](https://www.freshket.co/) a Thailand-based agri-tech startup has raised $23.5 million in its Series B funding round led by PPT Oil and Retail Business Public Company Limited (OR).

- The funds will help the firm to strengthen its supply chain technology, improve its operational efficiency, and expand in Thailand with new categories of products, it claims.
- The startup plans to develop demand forecasting technology to ensure transparency for all parties, reduce food waste, and improve quality upstream for entrepreneurs.
- Launched in 2017, Freshket is a tech-focused startup providing food businesses and its customers with fresh agricultural produce sourced directly from local farmers and suppliers.
- Openspace, Betagro Holding, ORZON Ventures, and Volta Circle participated in the funding round.