An aquaculture technology start-up, selected for Google Startups Accelerator, currently works with over 35,000 shrimp and fish growers.
Aquaconnect, an aquaculture technology-based platform, has been selected for the Google for Startups Accelerator (GFS)-India‘s fifth class. The Google for Startups Accelerator-India is dedicated to assisting start-ups that are using advanced technology to solve societal and economic challenges unique to the country.
According to a press release by the company, 700 start-ups were shortlisted for the program, and Aquaconnect, along with 15 other start-ups, have been selected to be a part of this program.
Aquaconnect is a full-stack aquaculture technology founded by Rajamanohar Somasundaram in 2017. It is a leader in the development of machine learning (ML) and satellite remote sensing technologies. The company works with over 35,000 shrimp and fish growers to improve farm production and productivity by utilizing Artificial Intelligence (AI) predictive tools and connecting them with formal finance, insurers, and processors to improve and enhance the efficiency of the aquaculture value chain.
Aquaconnect will be able to work with Google mentors and industry experts on topics such as tech guidance, machine learning, product strategy, UX and design, leadership workshops, and community outreach as part of the GFSA-India program.
‘We are thrilled to be a part of Google’s start-up accelerator. This is a great validation of our technology-enabled impact work with shrimp and fish growers. We are excited to receive mentorship and support from the Google network and industry mentors for more inclusive solutions to navigate the challenges in the aquaculture value chain,’ said Rajamanohar Somasundaram, Founder & CEO of Aquaconnect, in a statement.
In July, Rebright Partners and Flourish Ventures led a $4 million pre-Series A round for the company. This round was also attended by AgFunder and 6G Capital, as well as existing investors Omnivore and HATCH-Norway.