New funding for data cruncher that keeps it Shrimpl for prawn farmers
Investment will accelerate move into Indian market
Aquaculture analytics company Shrimpl has successfully completed a Pre-Series A investment round, which it says will accelerate its entry into the Indian market.
“By introducing its science-driven analytics and digital aquaculture solutions, Shrimpl will empower Indian shrimp farmers with precision insights, risk management frameworks, and financial accessibility - helping them enhance efficiency, profitability, and sustainability,” Shrimpl said in a press release.
The company says Shrimpl works with any kind of big data, no matter how unstructured it might be. It extracts valuable insights from that data, revealing actionable insights.
Beyond India, Shrimpl will continue scaling its operations in Latin America and Southeast Asia, including Ecuador, Mexico, Brazil, Vietnam, Thailand, and Indonesia.
Data-driven approach
The Singapore-headquartered company says its platform is constructed around a scientifically validated, data-driven approach, combining advanced bioeconomic modelling, AI, and satellite imagery to revolutionise aquaculture decision making across the supply chain. It has more than 1,000,000 hectares of aquaculture ponds digitised and indexed, including more than 200,000 hectares in India.
Shrimpl said its proprietary tools - including SatEye and Shrimpl Resiliency Score - enable:
- Remote ground-truthing of farm data without requiring on-site visits.
- Creation of digital twins for every farm and pond, enabling continuous monitoring.
- High-accuracy scenario modelling for biomass forecasting, financial planning, and risk assessment.
Smarter decisions
The company claims that this scientific, evidence-backed methodology enables aquaculture stakeholders to make highly informed decisions, improve yield predictability, and optimise financial and environmental outcomes with a level of precision previously unattainable in the industry.
“We are building a digital aquaculture ecosystem that connects people and businesses through scientific, evidence-backed data and analytics - enabling smarter decisions with less risk. We believe aquaculture should be profitable, resilient, and sustainable,” said Shrimpl chief executive Ciaron McKinley.
Shrimpl’s investment round was led by MileDeep Capital, a strategic aquatech investor that is a corporate venture arm of Mile Deep Group based in Hyderabad, India.
