Agritech

$70M for Vietnam’s TECHCOOP to accelerate growth

February 28, 2025
Image from TECHCOOP

Grow together with TECHCOOP. This Vietnamese B2B platform offers digital, growth liquidity, and market linkage services to agri-MSMEs, farmer clubs, and smallholder farmers. 

  • Now, they just raised a $70M Series A!
  • Launched in 2022, TECHCOOP has reportedly achieved profitability.

Investor check. TNB Aura and Ascend Vietnam Ventures led the round, while BlueOrchard, FMO, AppWorks, and Capria Ventures joined in. 

  • The round was a mix of equity ($28M) and debt ($42M).

🍍 The ABCs of TECHCOOP

TECHCOOP offers end-to-end solutions for export-oriented supply chains. They work with farmers who grow high-value crops like cashew nuts, coconut, coffee, fresh fruits, and vegetables.

  • TECHCOOP offers financing as well as increased market access for farmers to drive growth and increase revenue.

Say hello to AgriERP. This digital platform helps businesses manage supply chains and track transactions so they can monitor compliance and optimize growth. 

💰 What’s with the $$$? 

They’ll strengthen their technology stack and expand their export infrastructure. 

  • Preparing for global growth. They’ll enhance their supply chain integrator and direct exporter capacity, as well as advance their risk control measures.

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