Advancing resilient, sustainable supply chains for Indonesia's food and feed industries
JAKARTA, Indonesia, Sept. 15, 2026 /PRNewswire/ -- The U.S. Soybean Export Council (USSEC) commemorates 45 years of partnership between U.S. Soy and Indonesia, celebrating a relationship that has helped shape Indonesia's food, feed, and aquaculture industries. Over the decades, Indonesia has grown into one of U.S. Soy's most strategic markets, serving as Southeast Asia's largest soybean importer for food use and one of the world's largest importers of U.S. whole soybeans[1].
This milestone reflects a partnership built on collaboration, technical exchange, and a shared commitment to supporting Indonesia's evolving food and agricultural landscape. As Indonesia's industry continues to grow, U.S. Soy remains committed to collaborating with government, industry partners, and customers to strengthen food security, sustainability, and long‑term market development.
A Partnership Built on Quality and Shared Progress
Over the past four and a half decades, U.S. Soy and Indonesia have built a partnership defined by quality, consistency, and shared success. Today, U.S. Soy accounts for nearly 90%[2] of imported soybeans used in Indonesia, most of which are processed into traditional soy foods, underscoring the confidence Indonesian customers place in U.S. Soy and the enduring strength of this relationship.
Indonesia's longstanding demand for high‑quality soybeans, together with the continued expansion of its feed and aquaculture sectors, reflects the strength of the U.S.–Indonesia partnership. Demonstrating this momentum, U.S. soybean exports to Indonesia grew by 348,000 metric tons, with market share predicted to rise from 88% to more than 90% in the current marketing year (September 1, 2025–August 31, 2026)[3].
"Indonesia has long been a key partner for U.S. Soy in Southeast Asia, strengthened by decades of progress and mutual trust," said Carlos Salinas, Executive Director – East Asia, USSEC. "For 45 years, we have worked closely with Indonesian customers and industry partners to support the country's evolving food and feed industries through innovation, technical expertise, and sustainable growth."
Expanding Opportunities Through Strategic Collaboration
Indonesia's longstanding tradition of consuming tempe and tofu continues to drive demand for high-quality soybeans, with consumption expanding beyond Java into major islands such as Sumatra, Kalimantan, and Sulawesi.
As demand for soy diversifies beyond traditional food applications, new opportunities are emerging across Indonesia's livestock and aquaculture sectors. The country currently imports approximately 6.0 million metric tons of soybean meal for animal feed annually, with demand projected to grow by 29% by 2035[4]. Soy use in aquaculture feed is expected to increase by 71% by 2035[5], reflecting the continued expansion of Indonesia's seafood production and growing demand for high-quality protein ingredients.
USSEC's partnerships with Indonesian industry organizations have strengthened technical knowledge, promoted the use of U.S. Soy in traditional soy foods, and supported the development of Indonesia's soy value chain. Through collaboration with local stakeholders, industry associations, and the United States Department of Agriculture (USDA), USSEC continues to advance technical exchange, market development, and dialogue on evolving trade and policy priorities.
Driving Sustainable Growth Across the Soy Value Chain
As Indonesia's food and feed industries evolve, sustainability has become a central focus of the U.S.–Indonesia partnership. Programs such as the U.S. Soy Sustainability Assurance Protocol (SSAP) and the Sustainable U.S. Soy label provide independently verified assurances that support Indonesia's emphasis on responsible sourcing, traceability, and resilient supply chains.
This commitment reflects USSEC's broader mission to strengthen long‑term partnerships, promote sustainably produced U.S. Soy, and support customers in meeting the needs of modern food and feed systems.
"For decades, U.S. Soy has worked with partners around the world to build reliable, high-quality supply chains, and Indonesia has been an important part of that global effort," said Jim Sutter, USSEC CEO. "As food and feed demand continues to rise globally, customers are looking for dependable ingredients and trusted relationships. USSEC is committed to supporting Indonesia by providing sustainable solutions, technical support, and the consistency that modern food and feed systems require."
Looking Ahead Together
As Indonesia's food and feed industries continue to grow, U.S. Soy remains committed to deepening collaboration, advancing sustainable production, and supporting resilient supply chains that benefit producers, manufacturers, and consumers alike.
USSEC will continue working alongside government agencies, industry partners, and customers to foster innovation, expand technical exchange, and create new opportunities that contribute to Indonesia's food security and long-term agricultural development.
| [1] USSEC Market Snapshot 2026 |
| [2] National Statistical Agency (BPS), U.S. Soy's average annual market share between 2019-2025 |
| [3] National Statistical Agency (BPS) data |
| [4] USSEC Market Snapshot 2026 |
| [5] USSEC Market Snapshot 2026 |
[1] USSEC Market Snapshot 2026
[2] National Statistical Agency (BPS), U.S. Soy's average annual market share between 2019-2025
[3] National Statistical Agency (BPS) data
[4] USSEC Market Snapshot 2026
[5] USSEC Market Snapshot 2026
About USSEC
The U.S. Soybean Export Council (USSEC) focuses on differentiating, elevating preference, and attaining market access for the use of U.S. Soy for human consumption, aquaculture, and livestock feed in more than 90 countries internationally. USSEC members represent the soy supply chain including U.S. Soy farmers, processors, commodity shippers, merchandisers, allied agribusinesses, and agricultural organizations. USSEC is funded by the U.S. Soy Checkoff, USDA Foreign Agricultural Service matching funds, and industry. Visit www.ussec.org for the latest information about USSEC and U.S. Soy internationally.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
U.S. Soy Commemorates 45 Years of Partnership with Indonesia
Financing accelerates development of ultra-efficient infrastructure for foundation AI models
EINDHOVEN, Netherlands, Sept. 15, 2026 /PRNewswire/ -- EUCLYD has signed a Series A financing round of more than €200 million, the company announced today. The round is co-led by Samsung, Somerset Capital Partners, Scaleup Europe Fund, which is managed by EQT, and Innovation Industries, with participation from EIFO, the Export and Investment Fund of Denmark, imec.xpand, Brabant Development Agency (BOM), and Quadri. Peter Wennink, former President & CEO of ASML, joins EUCLYD as Chairman of the Board.
As foundation models grow more capable, deploying them requires more power, memory bandwidth, and capital while adding infrastructure complexity. EUCLYD is developing a platform spanning crafted compute, innovative memory architecture, and datacenter systems to break this efficiency wall and transform AI inference economics.
EUCLYD's long-term vision is Abundant Intelligence: a future in which advanced AI is no longer constrained by infrastructure cost, power availability, or geography. Founded by Bernardo Kastrup and Atul Sinha at High Tech Campus Eindhoven, Europe's smartest square kilometer, EUCLYD draws on the campus's semiconductor ecosystem and Europe's engineering heritage.
At the center of EUCLYD's roadmap are craftwerk, the world's first agentic AI silicon, and craftwerk station CWS, the world's lowest-power exascale AI factory. The platform combines programmable ASIC compute, processor-memory co-design, and system-level optimization to overcome the memory and efficiency walls limiting AI performance and scalability.
"AI is becoming a foundation of economic growth, scientific discovery, and national competitiveness, but its potential will remain constrained unless we fundamentally change the infrastructure beneath it," said Bernardo Kastrup, Founder and Chief Executive Officer of EUCLYD. "This financing accelerates our mission to make intelligence abundant through greater efficiency, lower cost per token, and broader access to advanced AI."
"The next phase of AI will be defined not only by model innovation, but also by the efficiency and scalability of its infrastructure," said Dede Goldschmidt, Senior Vice President of Samsung Electronics and Head of the Samsung Semiconductor Innovation Center. "EUCLYD combines an accomplished team with a differentiated vision addressing constraints in AI datacenters."
"Europe has the engineering talent to produce globally significant technology companies," said Ted Persson, Partner at EQT and Co-Head of the Scaleup Europe Fund. "EUCLYD combines deep semiconductor expertise with a mission to tackle some of the hardest constraints in AI infrastructure. That mix of European engineering depth and global ambition is what we're here to back."
"Europe possesses world-class capabilities across semiconductors, advanced manufacturing, and systems engineering," said Peter Wennink, Chairman of the Board of EUCLYD and former President and Chief Executive Officer of ASML. "EUCLYD can transform those strengths into a globally competitive AI infrastructure platform."
The financing will expand EUCLYD's engineering organization, accelerate its silicon and systems roadmap, strengthen ecosystem partnerships, and prepare the company for commercial deployment across enterprise, sovereign, and hyperscale AI markets.
ABOUT EUCLYD
EUCLYD is a European semiconductor systems company developing ultra-efficient infrastructure for foundation AI models. Its roadmap spans agentic AI silicon, advanced memory architecture, and datacenter systems engineered to reduce cost, energy use, and footprint. EUCLYD is headquartered in Eindhoven, the Netherlands.
https://euclyd.ai/
MEDIA CONTACT
Catchfire
EuclydPR@catchfire.co
NOTES TO EDITORS
Investor Information
About the Scaleup Europe Fund, managed by EQT
The Scaleup Europe Fund, managed by EQT, is a commercially driven alternative investment fund backing ambitious European technology companies with the potential to become global leaders. Targeting €5 billion, the Fund brings together public and private capital and invests across Deeptech, AI and Life Sciences.
EQT is a global investment organization with a Nordic heritage and more than three decades of experience developing companies. With €341 billion in total assets under management, EQT invests across the full lifecycle of companies, from start-up to maturity.
About Somerset Capital Partners
Somerset Capital Partners was founded in 2005 by Joes Daemen and pursues a long-term, multi-asset investment strategy. We invest both directly and indirectly across a diverse range of sectors, including technology, real estate, strategic land, data centres, consumer, and healthcare.
We partner with ambitious entrepreneurs and founders, recognising that transformative ideas require capital, conviction, and time. Therefore, we are committed to fostering enduring and impactful long-term relationships.
About Innovation Industries
Innovation Industries is a leading European Deep tech venture capital firm with €1 billion in capital under management. The firm invests in visionary science and engineering-based companies that tackle the world's most pressing challenges. With a strong belief that Deep tech can deliver both outsized financial returns and global impact, Innovation Industries partners with exceptional entrepreneurs and researchers to turn scientific breakthroughs into transformative companies. The firm provides long-term capital and strategic support from lab to scale, actively bridging the gap between academia and industry through close collaboration with leading technical universities, research institutions and industry partners. Innovation Industries has offices in Amsterdam, Eindhoven and Munich.
About EIFO
As Denmark's national promotional bank and official export credit agency, EIFO works to open doors for global business, drive the green transition, advance innovative technologies, and contribute to Denmark's security.
With total commitments exceeding EUR 24 billion and activities in more than 100 countries, EIFO provides financial solutions to Danish companies and their global partners.
EIFO is also Denmark's most active venture investor, investing in startups and VC-funds. In 2025, EIFO made 31 new investments in companies and 15 in funds. Altogether, EIFO has an investment portfolio of just over EUR 2,7 billion.
About imec.xpand
imec.xpand is one of the world's largest independent venture capital funds dedicated to early-stage semiconductor innovation. It targets ambitious startups where the knowledge, expertise and infrastructure of imec, the world-renowned semiconductor and nanotechnology R&D center, can play a determining role in their growth. imec.xpand has an outspoken international mindset towards building disruptive global companies and strongly believes that sufficient funding from the start is key to future success.
About Brabant Development Agency
Entrepreneurship is the driver of innovation – from sustainable food sources to a healthy future, climate-neutral energy, and developing promising key technologies. The Brabant Development Agency (BOM) ensures that startups playing a role in these fields receive the right support and funding to get off to a solid start and grow into scaleups, and that companies that aspire to go global can actually do so. BOM is an executive body of the Province of Brabant and the Ministry of Economic Affairs and Climate.
About Quadri
Quadri is a venture capital firm investing in category-defining companies across Enterprise AI, Physical AI, and AI Infrastructure. With offices in London and New York, we leverage our global enterprise network to accelerate commercial adoption and international expansion. For more information, visit quadri.vc.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
EUCLYD Raises Over €200 Million to Break the AI Efficiency Wall
