Indian aquaculture technology platform Aquaconnect secures USD 15 million in latest funding round

Chennai, India-based aquaculture technology platform Aquaconnect has raised USD 15 million (EUR 14 million) in a Series A funding round to fuel its business expansion.

The round was led by India’s Lok Capital and participated in by Louis Dreyfus Company Ventures, Suneight Investment, and existing investors such as Omnivore, Rebright Partners, Flourish Ventures, HATCH, and others.

The funds will be allocated towards improving Aquaconnect’s portfolio of scalable artificial intelligence and satellite remote sensing solutions and expand its service offerings in both the pre-harvest and post-harvest segments of the aquaculture value chain to input retailers, seafood buyers, and other stakeholders …

Photo courtesy of Aquaconnect