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DiMuto completes Series A funding, securing US$5.9 mil to propel global expansion and enhance its digital ecosystem

Digital News Asia LogoDigital News Asia11h ago

DiMuto completes Series A funding, securing US$5.9 mil to propel global expansion and enhance its digital ecosystem - Digital News Asia

Quick Summary:

This holistic approach boosts operational efficiency and strengthens the entire supply chain, positioning DiMuto as a leader in the AgriFood industry. 

Gary Loh (pic), founder and CEO of DiMuto, remarked, "In a year marked by global economic challenges, this influx of capital validates the company’s growth trajectory and will enable us to leverage our momentum in the Latin American and US markets, bringing us closer to our mission of redefining global Agritrade.”

Lim Hwee Hai, managing director of SiS Asset Management, commented on the closing of the bridge round, expressing satisfaction in supporting DiMuto and lending expertise to the scaling of its AI-powered Financial Services.


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Article Details

Author / Journalist: Gerry Wong

Category: EconomyStartupsBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-20 @ 09:14:47 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: digitalnewsasia.com

Language: English

Article Length: 454 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Digital News Asia

News ID: 22173890

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About Digital News Asia

Digital News Asia Logo

Main Topics: EconomyStartupsBusiness

Official Website: digitalnewsasia.com

Update Frequency: 2 posts per day

Year Established: 2012

Headquarters: Malaysia

News Last Updated: 17 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #18

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