AquaRech

AquaRech

Digital platform that connects small and medium-sized fish farmers, feed manufacturers, and buyers to trade.

  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor investor investor investor

€0.0

round
investor

€0.0

round
investor

€0.0

round
investor

€0.0

round
investor

€0.0

round
investor investor investor investor

€0.0

round
*

$350k

Seed
Total Funding000k

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-215 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about AquaRech
Made with AI
Edit

Aquarech is a pioneering startup in the fish farming industry, specifically targeting the Kenyan market. The company operates as a comprehensive platform that connects small and medium-sized fish farmers, fish feed manufacturers, and fish traders. Aquarech's primary goal is to enhance the livelihoods of small-scale fishing communities through innovative and sustainable fish farming practices.

The company offers a mobile app that assists fish farmers in managing their operations more efficiently. This app provides precision farming techniques, which help farmers optimize their production cycles. For instance, Martin Omondi, a fish farmer, significantly improved his farm's productivity after using Aquarech's app and consulting with their specialists.

Aquarech's business model revolves around creating a value chain that benefits all stakeholders in the aquaculture ecosystem. The platform facilitates the trade of fish and fish feeds, enabling farmers to access high-quality inputs and markets. By doing so, Aquarech ensures that fish farmers can sell their products more efficiently, while buyers can source high-quality fish and feeds.

The company generates revenue through various streams. It earns commissions from transactions made on its platform, charges subscription fees for premium app features, and profits from the sale of fish and fish feeds. Additionally, Aquarech has ventured into direct consumer sales with its "Aquarech Fish Deli," offering freshly prepared fish delivered to customers' homes.

Aquarech's recent success includes closing a $1.7 million seed round, which will be used to hire talent and expand its operations. The company's commitment to sustainable practices and value chain efficiencies positions it as a leader in the African fish farming industry.

Keywords: Fish farming, Kenya, mobile app, sustainable practices, small-scale farmers, fish feeds, value chain, aquaculture, precision farming, seed funding.

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads