Japan’s Agrimedia secures $2.2M to help more people get involved in agriculture

Agrimedia’s Share Batake, a vegetable garden for rental in a suburb location
Image credit: Agrimedia

See the original story in Japanese.

Tokyo-based startup Agrimedia announced in late October that it has fundraised 250 million yen (about $2.2 million US) from Globis Capital Partners (GCP). Coinciding with this, the company also revealed that Minoru Imano, General Partner and COO at GCP, will join the management board of Agrimedia as an external director.

Agrimedia has been offering three different types of business based on the concept of connecting city life with agriculture: giving people the chance to get involved in various agricultural experiences, cultivating human resources for agribusiness and building an agriculture-focused logistics network.

The Tokyo startup provides vegetable gardens for rental in 70 suburban locations in the Tokyo Metropolitan Area, called Share Batake, where urban gardeners can participate in growing vegetables without bringing their own tools to these gardens. Agri Navi, another service by the company, provides agriculture-related job opportunities to registrants who are mostly aged under 40s. In addition, they are also building a logistics and distribution platform leveraging Michi-no-eki (government-designated rest areas found along roads and highways) and farmer’s direct sales depots across Japan.

Using the funds, Agrimedia will further develop web services and knowledge tools towards building a new platform for agribusiness, in addition to focusing on hiring new talents for business development.

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Translated by Masaru Ikeda
Edited by “Tex” Pomeroy