Failed 2023

    TaniHub

    Indonesia's flagship AgTech raised US$110M then conducted multiple rounds of layoffs as commodity-margin AgTech proved harder than projected.

    Founded → Closed

    2016 → 2023

    Funding Raised

    $110M

    Industry

    AgTech/Marketplace

    Country

    Indonesia

    Full Analysis

    Jakarta-based TaniHub connected farmers with buyers and offered farmer financing via TaniFund. After raising ~US$110M, the company conducted multiple rounds of layoffs in 2022-23, shut down B2C operations, and TaniFund faced repayment-default issues. A representative Indonesian AgTech case.

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