Seaqua, a pioneering startup in Bangladesh’s fisheries and aquaculture sector, has achieved a significant milestone by securing a six-figure foreign direct investment (FDI) from Middle Eastern investors. This infusion of capital signifies a major leap forward for Seaqua, enabling the company to scale up its team and operations as it aims to revolutionize the blue food industry.
Founded by entrepreneur Amirul Mostafa Arefeen, Seaqua is driven by a mission to transform the global landscape of blue food through climate-smart fisheries and aquaculture practices. With the backing of strategic investment, the startup is poised to expand its impact beyond the local market and onto the international stage.
Seaqua stands out as a game-changer in the industry, addressing key challenges faced by fisheries and aquaculture through innovative solutions. By leveraging cutting-edge technology and promoting transparency, Seaqua empowers producers to access markets directly and secure fair prices for their products, while eliminating traditional supply chain inefficiencies.
With the fresh injection of capital, Seaqua plans to bolster its team and operations, solidifying its position as a leader in the blue-tech revolution. Moreover, the company is committed to utilizing blockchain technology to develop traceability maps, gathering crucial data to bridge the blue finance gap and promote sustainable practices.
In a press release, Arefeen expressed his vision for Seaqua, emphasizing the potential of Bangladesh’s abundant blue food resources to nourish communities and sustain livelihoods. Seaqua’s ultimate goal is to empower one million livelihoods in the fisheries and aquaculture sector by 2026, creating a transparent and traceable global value chain for blue food.
The recent influx of FDI from Middle Eastern investors marks a pivotal moment in Seaqua’s journey towards achieving global food security and sustainability, positioning the startup to realize its ambitious vision.
