What is Chickin?
Chickin is an innovative company leveraging IoT technology to revolutionize poultry management. Their offering includes smart farm equipment integrated with cloud-based technology, branded as CI-Touch. This system is designed to optimize critical aspects of livestock operations, including climate control, equipment management, and overall living conditions for poultry, thereby enhancing efficiency and animal welfare.
How much funding has Chickin raised?
Chickin has raised a total of $20M across 1 funding round:
Series A
$20M
Series A (2024): $20M with participation from East Ventures, Integra Partners, ADB, and 500 Southeast Asia
Key Investors in Chickin
East Ventures
East Ventures is a prominent venture capital firm in Southeast Asia, focusing on supporting visionary founders from Seed to Growth stages. With over 300 portfolio companies, the firm emphasizes sustainable development and social impact through ESG-driven initiatives. It aims to invest in tech founders and disruptors across various sectors, fostering innovation and digital competitiveness in the region.
Integra Partners
Integra Partners is a leading venture capital firm based in Singapore, specializing in early-stage investments across South and Southeast Asia. The firm focuses on startups that drive purpose-driven profitability, fostering sustainable growth and innovation. Their investments range from Series Pre-A to B, targeting sectors such as technology and financial services.
ADB
Established in 1966, Asian Development Bank (ADB) assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development. They are headquartered in Manila, Philippines.
What's next for Chickin?
The substantial enterprise-level backing and recent strategic investment position Chickin for accelerated scaling and market expansion. This financing is expected to fuel further development of their IoT solutions, enhance their cloud-based platform, and potentially broaden their reach into new agricultural technology markets. The company's focus on optimizing farm operations through technology suggests a trajectory towards becoming a leader in smart agriculture.
See full Chickin company page
