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Benefiting from the increasing consumption of fish worldwide, IWAK’s crowdfunding enterprise offers up to a 55% profit-share to investors of portable fish farms in Indonesia.
Benefiting from the increasing consumption of fish worldwide, IWAK’s crowdfunding enterprise offers up to a 55% profit-share to investors of portable fish farms in Indonesia.
Aqua-Spark is a Netherlands-based fund that supports aquaculture businesses around the world, with the vision to create profitable aquaculture ventures that can help to restore ocean ecosystems that have been damaged by overfishing. Its portfolio covers a wide range of enterprises, ranging from low-cost fish farms in Madagascar to biotechs and high tech aquaculture companies.
Aqua-Spark is a Netherlands-based fund that supports aquaculture businesses around the world, with the vision to create profitable aquaculture ventures that can help to restore ocean ecosystems that have been damaged by overfishing. Its portfolio covers a wide range of enterprises, ranging from low-cost fish farms in Madagascar to biotechs and high tech aquaculture companies.
Irish alt-protein foodtech Plantruption produces nutritious fish substitutes without artificial additives, leveraging the health benefits of sustainably sourced local seaweed.
Irish alt-protein foodtech Plantruption produces nutritious fish substitutes without artificial additives, leveraging the health benefits of sustainably sourced local seaweed.
CEO and founder of Lota Digital by Bitcliq
Pedro Araújo Manuel is the Portuguese founder and CEO of software development company Bitcliq, where he has worked since 2013. He also holds the same positions within its two brands launched to date: Lota Digital, an e-marketplace for small-scale fisherman and sustainable fish retailers with blockchain-enabled traceability, and BIG EYE Smart Fishing, a platform for managing fishing fleets and fish traceability. Previously, Manuel was owner, co-founder and managing partner at tech agency MakeWise for nine years. Before 2013, he spent seven years in software and web development and systems administration at three different companies, including Portugal’s national post office. Manuel holds a master’s degree in Information Technology and Computer Engineering from the Polytechnic Institute of Lisbon.
Pedro Araújo Manuel is the Portuguese founder and CEO of software development company Bitcliq, where he has worked since 2013. He also holds the same positions within its two brands launched to date: Lota Digital, an e-marketplace for small-scale fisherman and sustainable fish retailers with blockchain-enabled traceability, and BIG EYE Smart Fishing, a platform for managing fishing fleets and fish traceability. Previously, Manuel was owner, co-founder and managing partner at tech agency MakeWise for nine years. Before 2013, he spent seven years in software and web development and systems administration at three different companies, including Portugal’s national post office. Manuel holds a master’s degree in Information Technology and Computer Engineering from the Polytechnic Institute of Lisbon.
Unreasonable Capital is a US-based venture capital firm. It focuses on early to mid-stage startups in emerging markets that address social and environmental challenges. The firm does not lead investments on its own, participating only when a local entity participates in financing. Its portfolio includes Nigerian fintech firm Paga, Indonesian automated fish feeder maker eFishery and solar power system producer BuffaloGrid.
Unreasonable Capital is a US-based venture capital firm. It focuses on early to mid-stage startups in emerging markets that address social and environmental challenges. The firm does not lead investments on its own, participating only when a local entity participates in financing. Its portfolio includes Nigerian fintech firm Paga, Indonesian automated fish feeder maker eFishery and solar power system producer BuffaloGrid.
Co-founder and Lead Engineer of Jala
Farid Inawan is an Electrical Engineering graduate from Universitas Gadjah Mada, Indonesia. He joined aerospace company PT Dirgantara Indonesia after graduating in 2014, but left after one year to join UGM alumni to set up Atnic that later developed Jala for fish and shrimp farms. Farid is the lead electrical engineer at Atnic.
Farid Inawan is an Electrical Engineering graduate from Universitas Gadjah Mada, Indonesia. He joined aerospace company PT Dirgantara Indonesia after graduating in 2014, but left after one year to join UGM alumni to set up Atnic that later developed Jala for fish and shrimp farms. Farid is the lead electrical engineer at Atnic.
Co-Founder of IWAK
Surabaya native, Rian Adam Rajagede, holds a bachelor’s degree in Computer Science from Universitas Gadjah Mada (UGM). He co-founded IWAK, a crowdfunding platform for freshwater fish farmers. He is currently pursuing a master’s degree in Computer Science at UGM while working as a lecturer of Algorithm and Data Structure at his alma mater.
Surabaya native, Rian Adam Rajagede, holds a bachelor’s degree in Computer Science from Universitas Gadjah Mada (UGM). He co-founded IWAK, a crowdfunding platform for freshwater fish farmers. He is currently pursuing a master’s degree in Computer Science at UGM while working as a lecturer of Algorithm and Data Structure at his alma mater.
Co-founder and CTO of eFishery
Chrisna Aditya graduated with an Electrical Engineering degree in 2011 at Institut Teknologi Bandung, Indonesia. He founded a mobile app development business and ran it for one year. In 2012, he joined fellow ITB alumnus Gibran Huzaifah to set up aquaculture startup PT Multidaya Teknologi Nusantara. The company later launched the eFishery automatic fish feeder system.
Chrisna Aditya graduated with an Electrical Engineering degree in 2011 at Institut Teknologi Bandung, Indonesia. He founded a mobile app development business and ran it for one year. In 2012, he joined fellow ITB alumnus Gibran Huzaifah to set up aquaculture startup PT Multidaya Teknologi Nusantara. The company later launched the eFishery automatic fish feeder system.
Co-Founder and Web Developer of IWAK
Gadjah Mada University (UGM) graduate, Ade Armyatna Yusfantri, holds a bachelor’s degree in Computer Science. He is currently the co-founder and web developer of IWAK, a crowdfunding platform for freshwater fish farmers. Previous to IWAK, Ade had also co-founded Meseji together with Rushan. The Web-based application helps SMEs to automate their text message (SMS) marketing efforts.
Gadjah Mada University (UGM) graduate, Ade Armyatna Yusfantri, holds a bachelor’s degree in Computer Science. He is currently the co-founder and web developer of IWAK, a crowdfunding platform for freshwater fish farmers. Previous to IWAK, Ade had also co-founded Meseji together with Rushan. The Web-based application helps SMEs to automate their text message (SMS) marketing efforts.
Co-Founder and Financial Controller of IWAK
Central Java’s highest national exam scorer, Anggita Arum Pertiwi (known as Gita), is currently pursuing her undergraduate studies in Accounting at Gadjah Mada University (UGM) in Yogyakarta. Originally from Temanggung regency in Central Java, Gita won third place in the National Accounting Challenge 2015. She is IWAK’s financial controller and also works as a teaching assistant at UGM. IWAK is a crowdfunding startup for commercial fish farming.
Central Java’s highest national exam scorer, Anggita Arum Pertiwi (known as Gita), is currently pursuing her undergraduate studies in Accounting at Gadjah Mada University (UGM) in Yogyakarta. Originally from Temanggung regency in Central Java, Gita won third place in the National Accounting Challenge 2015. She is IWAK’s financial controller and also works as a teaching assistant at UGM. IWAK is a crowdfunding startup for commercial fish farming.
Co-founder, CEO and CFO of Growpal
Ahmad Rizqy Akbar is the CEO and CFO of Growpal, an investment crowdfunding platform for aquaculture and fishery projects. A graduate of Aquaculture studies from Indonesia’s Universitas Brawijaya, he has run his own fish and shrimp farm and had worked at Pertamina Dana Ventura, a venture capital fund owned by national oil and gas firm Pertamina. In 2017, he joined fellow Brawijaya graduate Paundra Noorbaskoro to establish Growpal.
Ahmad Rizqy Akbar is the CEO and CFO of Growpal, an investment crowdfunding platform for aquaculture and fishery projects. A graduate of Aquaculture studies from Indonesia’s Universitas Brawijaya, he has run his own fish and shrimp farm and had worked at Pertamina Dana Ventura, a venture capital fund owned by national oil and gas firm Pertamina. In 2017, he joined fellow Brawijaya graduate Paundra Noorbaskoro to establish Growpal.
Co-Founder, Chairman, CEO and COO of IWAK
Nganjuk native Hestyriani Anisa Widyaningsih (known as Nisa) was one of the few students from the rural regency to pursue tertiary education at the Gadjah Mada University (UGM) in Yogyakarta, where she majored in Japanese Literature. After graduation, Nisa and a UGM friend Rushan, decided to set up IWAK; a crowdfunding platform to kickstart commercial fish farming businesses to help poor families to improve their livelihoods in Rushan’s home village of Kebon Agung in Nganjuk. Nisa also works in public relations for another company, Otoman.
Nganjuk native Hestyriani Anisa Widyaningsih (known as Nisa) was one of the few students from the rural regency to pursue tertiary education at the Gadjah Mada University (UGM) in Yogyakarta, where she majored in Japanese Literature. After graduation, Nisa and a UGM friend Rushan, decided to set up IWAK; a crowdfunding platform to kickstart commercial fish farming businesses to help poor families to improve their livelihoods in Rushan’s home village of Kebon Agung in Nganjuk. Nisa also works in public relations for another company, Otoman.
Co-Founder and Digital Marketing Strategist of IWAK
Nganjuk native, Rushan Faizal, was also among the few students from the rural regency to pursue tertiary education at the Gadjah Mada University (UGM) in Yogyakarta where he majored in Computer Science. Besides Rushan, only three other students from his village, Kebon Agung, went to college. The economic disparity between urban Yogyakarta and his village inspired him and Nisa to set up IWAK, a crowdfunding platform for fish farms operated by the low income villagers in Kebon Agung. Prior to that, Rushan had also co-founded Meseji, a Web-based app to help SMEs automate their text message (SMS) marketing campaigns.
Nganjuk native, Rushan Faizal, was also among the few students from the rural regency to pursue tertiary education at the Gadjah Mada University (UGM) in Yogyakarta where he majored in Computer Science. Besides Rushan, only three other students from his village, Kebon Agung, went to college. The economic disparity between urban Yogyakarta and his village inspired him and Nisa to set up IWAK, a crowdfunding platform for fish farms operated by the low income villagers in Kebon Agung. Prior to that, Rushan had also co-founded Meseji, a Web-based app to help SMEs automate their text message (SMS) marketing campaigns.
Automated feeder systems from eFishery will help fish and shrimp farmers to operate more profitably by providing feeding data and training to eliminate wastage.
Automated feeder systems from eFishery will help fish and shrimp farmers to operate more profitably by providing feeding data and training to eliminate wastage.
LC Ventures is a Lisbon-based VC specializing in pre-seed and seed investments, mainly in Portugal-based startups and with a focus on promoting regional growth. Established in 2015, it has €11.5m under management in three funds, two which are exclusive to Portuguese startups. It has invested in more than 40 companies to date. Recently it has invested in Botcliq, a blockchain e-marketplace for wild fish trading, and in Finnish cleantech company Solved. It also participated in the €2m Series A round of Portuguese online tech employment agency in March 2020.Its investment portfolio currently includes 32 tech startups, a majority of which are based in Portugal.
LC Ventures is a Lisbon-based VC specializing in pre-seed and seed investments, mainly in Portugal-based startups and with a focus on promoting regional growth. Established in 2015, it has €11.5m under management in three funds, two which are exclusive to Portuguese startups. It has invested in more than 40 companies to date. Recently it has invested in Botcliq, a blockchain e-marketplace for wild fish trading, and in Finnish cleantech company Solved. It also participated in the €2m Series A round of Portuguese online tech employment agency in March 2020.Its investment portfolio currently includes 32 tech startups, a majority of which are based in Portugal.
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eFishery poised to benefit from Indonesia's growing aquaculture sector
eFishery's IoT automatic feeding system is delivering efficiencies and boosting output for small fish farmers, driving strong growth for the aquaculture startup.
P2P lender Investree collaborates with eFishery to provide loans for aquaculture SMEs
Access to quick financing would be a welcome relief to fish farmers, whose incomes have been battered by Covid-19, but can’t get bank loans
Lota Digital: Disrupting fishing in Portugal for a sustainable future
The “digital fish market” app helps fishermen compete in a market dominated by large players
Animal AgTech Innovation Summit 2021: Future of aquaculture in the US
With the US Importing over 85% of its seafood, industry experts examine how and why the country should develop a sustainable aquaculture industry
Plantruption: Transforming Irish seaweed into sustainable alt-protein seafood
Using abundant local seaweed as highly nutritious, eco-friendly alternatives to fish, the Dublin-based startup is gearing up to tap into new markets in Europe and the US
NovoNutrients: Tackling the dual problems of CO2 emissions and over-fishing
The first to transform CO2 to fish food, NovoNutrients is trialing with industry giants Skretting and Chevron, and will soon raise Series A funding
Despite a lack of infrastructure and threats from middlemen, Aruna continues to help Indonesian fishing communities find buyers for their catch and manage their money better.
Indonesia's aquaculture startup eFishery eyes 1m farmer users in region
Bandung-based eFishery has diversified to fish sales and loan services, seeking to replicate its success in 10 countries in Southeast and South Asia, starting with Thailand
Vegan fish substitute Mimic Seafood set to disrupt the sustainable food market
Founder of food innovation hub Ivoro launches Mimic Seafood, a European pioneer in vegan fish substitutes
Early Charm Ventures: Taking research from the labs to the real world
Instead of investing money, the venture studio gets hands-on, co-running companies with top scientists and their cutting-edge research
Waste management startup Magalarva aims for profitability with new factory, B2B services
Partnerships with supermarkets and waste transporters provide Magalarva with new revenue streams and sources of production input as the company ramps up its manufacturing activities
MSMB: From university research to agritech ecosystem
The Indonesian startup is moving beyond sensors to build technologies for livestock tracking and fish farming
Oscillum: The intelligent label to reduce food waste
The Spanish biotech startup has developed sensors embedded in biodegradable plastic labels to monitor “product freshness” beyond expiration dates, helping consumers to avoid food waste and save money
Fish trading startup Aruna thrives despite Covid-19 with a pivot to domestic sales
Having brought forward its domestic expansion by one year, Aruna wants to use its recent funding to further boost market expansion, develop the tech for product traceability and an intelligent supply chain
Sophie's Bionutrients: Alternative protein from microalgae
Inspired by fish in the ocean, the startup developed microalgae-based flour that can take on unlimited forms, textures or colors to make almost any alt protein product
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