The Rize Series B is now official: Singapore-headquartered agritech startup Rize has raised $31 million in a Series B funding round led by BNP Paribas Asset Management Alts, as publicly reported on 2026-07-16. The round comprises $20 million in equity and $11 million in debt financing, bringing Rize’s total funding to $47 million since its launch in late 2022. The capital will power the company’s next phase of growth across sustainable rice farming in Southeast Asia.
Quick Highlights
- Co-Founder & CEO: Dhruv Sawhney (Bengaluru-based entrepreneur)
- Lead Investor: BNP Paribas Asset Management Alts
- Equity Investors: BNP Paribas Asset Management Alts, The Rockefeller Foundation, Temasek, Breakthrough Energy Ventures
- Debt Investors: UOB, Bank for Investment and Development of Vietnam (BIDV), Temasek Foundation
- Investor Background: BNP Paribas Asset Management Alts backs Rize for its position at the intersection of sustainable agriculture, carbon finance, and verified commodity trading — aligned with the firm’s natural capital and impact investment strategy
- Headquarters: Singapore (technology team based in India)
- Announcement Date: 16 July 2026
Funding Breakdown
Use of Funds
Rize plans to deploy the fresh capital across four key priorities: expanding into new export markets, building AI-powered tools for farmers and field teams, accelerating carbon certification efforts, and driving organisational growth. The company is also working to strengthen its supply chain and deepen market linkages so that smallholder farmers can access premium buyers. Its carbon projects are currently progressing towards Gold Standard certification and are projected to generate more than one million carbon credits over the next five years.
Funding Timeline
Rize was founded in 2022 and raised a $14 million Series A round in 2024, co-led by Breakthrough Energy Ventures, GenZero, Temasek, and Wavemaker Impact. The latest $31 million Series B — comprising $20 million in equity and $11 million in debt — lifts the company’s cumulative funding to $47 million. Since its Series A, the company reports it has grown its operations more than tenfold.
Expansion Plans
Rize targets a significant scale-up of its farmer network, aiming to reach more than 150,000 smallholder farmers across over 300,000 hectares by the end of the decade — up from the current 17,000 farmers across 50,000 hectares in Vietnam and Indonesia. The company is deepening its presence in both existing markets and is actively exploring new geographies, with India among the shortlisted destinations. On the commercial side, Rize has already begun exporting traceable low-emission rice to buyers in Europe, Canada, Australia, and Singapore, and plans to expand those export corridors further. The platform will also open to new ecosystem partners — including input suppliers, services players, and agritech providers — to broaden access to its farmer network.
Significance
Rice cultivation accounts for approximately 12 percent of global methane emissions, making it one of agriculture’s most pressing climate challenges — and Rize’s Series B signals that institutional capital is increasingly willing to back scalable solutions in this space. The blended finance structure of the round, combining equity from climate-focused funds with debt from development banks in Vietnam and Singapore, reflects a sophisticated approach to de-risking agricultural investment in emerging markets. Rize’s independently verified emissions reductions and its A.pre ex-ante rating from carbon ratings agency BeZero Carbon add a layer of credibility that distinguishes it from many early-stage climate startups. Together, these factors position the company as a benchmark for impact-driven agritech across Southeast Asia.
These details have been verified against multiple publicly available reports as of 2026-07-16.
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Disclaimer: This report is compiled from publicly available sources and is for informational purposes only; funding figures are as publicly reported and may be subject to change.
