Singapore’s DiMuto Secures $5.9M in Series A Funding

DiMuto, a leading AgriFood trade solutions company based in Singapore, has just raised $5.9 million in its Series A funding round, setting the stage for significant growth and expansion.

• Major Backers: The funding round was led by The Yield Lab Asia Pacific with contributions from SiS Cloud Global Tech Fund 8, Gold Sceptre Limited, and Dave Chen. Existing investors SEEDS Capital, SGInnovate, and PT Great Giant Pineapple also participated.

• Expansion Focus: The new funds will support DiMuto’s expansion into key markets such as Latin America and the United States, enhancing its global presence.

• Digital Advancements: The investment will accelerate the development of DiMuto’s innovative digital ecosystem, aiming to enhance supply chain transparency and efficiency.

• Future Ventures: DiMuto plans to broaden its marketplace capabilities and explore greenhouse agriculture and climate-adaptive crop varieties to improve supply chain resilience and scale its SoLuna Fresh label.

With this latest funding boost, DiMuto is poised to advance its mission of transforming AgriFood trade through digitalization and sustainability, reinforcing its position as a leader in the global AgriFood sector.