Incubation/Acceleration
Aquaculture tech co Aquaconnect selected for Google for Startups Accelerator
Chennai-based Aquaconnect, along with 15 other start-ups, have been selected to be part of the fifth class of Google for Startups Accelerator (GFS)-India. GFSI is focused on supporting startups that are solving societal and economic challenges specific to the country, using advanced technology. Founded in 2017, Aquaconnect is a full-stack aquaculture technology venture that pioneers in the development of machine learning and satellite remote sensing technologies. The company works with over 35,000 fish and shrimp farmers using AI predictive tools for better farm productivity and connects them with formal finance, insurers, and processors to improve Indian aquaculture value chain efficiency.
From the Venture Intelligence PE-VC Deal Database: Between Sep-19 and Jul-21, Aquaconnect had raised over USD 5 million from Rebright Partners, Flourish Ventures, AgFunder, 6G Capital, Omnivore and HATCH-Norway.
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