What is Pitik?
Founded in 2021 and based in Jawa Barat, Indonesia, Pitik is at the forefront of revolutionizing the poultry farming industry through technology. The company aims to enhance efficiency, sustainability, and profitability for poultry farmers by leveraging innovative solutions. This strategic backing positions Pitik to scale its operations and further develop its technological offerings, addressing critical needs within the agricultural ecosystem.
How much funding has Pitik raised?
Pitik has raised a total of $14M across 1 funding round:
Series A
$14M
Series A (2022): $14M with participation from Alpha JWC Ventures, MDI Ventures, and Wavemaker Partners
Key Investors in Pitik
Alpha JWC Ventures
Alpha JWC Ventures is a Southeast Asian early-to-growth stage venture capital firm founded in Indonesia in 2015, focusing on building lasting partnerships with founders and empowering impact makers.
MDI Ventures
MDI Ventures is a global multi-stage venture capital firm with a focus on Indonesian startups, aiming to drive digital transformation and social impact across various sectors.
Wavemaker Partners
Wavemaker Ventures is a leading Southeast Asian venture capital firm specializing in early-stage investments in Enterprise, Deep Tech, and Sustainability sectors, with a focus on addressing regional challenges.
What's next for Pitik?
With this substantial capital infusion, Pitik is poised for accelerated expansion and product development. The company is expected to focus on enhancing its technological platform, broadening its market reach within Indonesia and potentially beyond, and strengthening its operational capabilities. This investment signifies a strong vote of confidence in Pitik's business model and its potential to drive significant advancements in modern poultry farming practices.
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