Series A Round

Shrimp Farm is an innovative startup focused on revolutionizing the shrimp farming industry through sustainable practices and advanced technology. The company has successfully raised $13.1 million in Series A funding to strengthen its position in the market and further develop its technological solutions for shrimp farming. This funding will enable Shrimp Farm to expand its operations, enhance its product offerings, and contribute to sustainable aquaculture practices. The funding round was led by notable investors including Jala Tech, which aims to improve shrimp cultivation in Indonesia. The investment will be utilized for scaling operations, enhancing R&D for sustainable farming technologies, and expanding market reach across Southeast Asia. This funding round is expected to significantly impact the shrimp farming landscape in the region, aligning with the growing demand for sustainable seafood and the need for innovative solutions in aquaculture. The announcement was made on November 27, 2023, and the funding will be pivotal in addressing the challenges faced by the shrimp farming industry, including environmental sustainability and production efficiency.