Lissy Smit | The Fish Site
After just over a year as CEO of Aqua-Spark, Lissy Smit reflects on the highs and lows of the fund’s portfolio companies and the wider trends affecting investment in aquaculture innovation.
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After just over a year as CEO of Aqua-Spark, Lissy Smit reflects on the highs and lows of the fund’s portfolio companies and the wider trends affecting investment in aquaculture innovation.
Aquarech, Kenya’s first fish farming platform, has closed an equity investment of US$1.7m to hire talent, acquire more feed, and set up infrastructure to support more vertical integration of their technology.
Kenyan fish farming startup Aquarech has raised US$1.7 million in equity funding to help it improve outcomes for small-scale fish farmers in Kenya through its mobile app platform.
Aquarech, which has developed an affordable mobile app platform that allows manufacturers, fish farmers and buyers to trade quality fish feed, as well as how to improve their farming practices and incomes, has closed an equity investment of $1.7 million.
Farming fish has seen rapid growth in Africa but it can be an expensive, high-risk operation.