What is Freshket?
Freshket operates as a comprehensive e-commerce marketplace connecting farmers, restaurants, and consumers in Thailand. The platform aims to streamline the agricultural supply chain by facilitating direct transactions, thereby improving efficiency and potentially reducing costs for all stakeholders. This model addresses a critical need for modernized distribution channels in the region's food industry, catering to both B2B and B2C markets.
How much funding has Freshket raised?
Freshket has raised a total of $23.5M across 1 funding round:
Series B
$23.5M
Series B (2022): $23.5M with participation from Volta Circle, PTT, and Openspace Ventures
Key Investors in Freshket
Volta Circle
Volta Circle is an evergreen venture capital fund focused on technology-driven solutions for circular economies, investing globally in sectors like advanced recycling and sustainable materials.
PTT
PTT Public Company Limited is a Thailand-based energy company involved in gas and petroleum businesses, including supply, procurement, and distribution of natural gas and petroleum products.
Openspace Ventures
Openspace Capital is a multi-strategy asset manager specializing in Southeast Asia, focusing on tech-native and tech-enabled businesses across various development stages.
What's next for Freshket?
With its recent major strategic investment, Freshket is poised to accelerate its market penetration and enhance its technological infrastructure. The substantial capital infusion is expected to fuel further development of its platform, expand its network of suppliers and customers, and potentially explore new geographical markets within Southeast Asia. This funding round signifies a pivotal moment for Freshket, enabling it to solidify its position as a key player in the digital transformation of Thailand's food ecosystem.
See full Freshket company page
