AquaBloom raised an undisclosed Seed round led by Spiral Ventures. Potato Impact Partners, Archipelago VC, and several angels also joined. The Jakarta-based startup makes seaweed-based biostimulants for crops and feed additives for livestock.
Funding use
The capital will fund manufacturing capacity, R&D, and field trials. AquaBloom previously raised from Altrui Investment Management, among others. Spiral Ventures noted that three products are already registered for sale in Indonesia.
Company context
AquaBloom was founded in 2024 by CEO Michelle Arsjad. It serves smallholder farmers facing rising costs and an increasingly erratic climate. The company reports that its products have been tested on almost 30 crops across more than 40 field trials in Indonesia.
How the product works
AquaBloom's biostimulants help crops absorb nutrients more efficiently and withstand heat and drought. The company says farmers can get better yields with less synthetic fertilizer. The startup sources seaweed from smallholder farmers along Indonesia's coasts.
Over the next 12 to 18 months, AquaBloom plans to scale production and widen retail distribution. Spiral Ventures aims to open doors to Japanese and regional agriculture groups. The startup also plans to reach more smallholder farmers through retail partners.
Read more: e27.co