Jala CEO Liris Maduningtyas
JALA, an Indonesian digital enabler for the shrimp industry, has closed a US$13.1 million Series A round of financing led by Intudo Ventures.
Sinar Mas Digital Ventures (SMDV) and existing investors Mirova and Meloy Fund (Deliberate Capital) also joined.
With this round of financing, JALA plans to scale up its operations to Sumatera, Sulawesi, and Nusa Tenggara — three areas that have demonstrated unique potential for the growth of the shrimp farming industry.
Also Read: Jala Tech secures seed funding to empower shrimp farmers
“This funding will enable us to bring our end-to-end shrimp farming solution to remote areas in Indonesia and equip local farmers with the technological and financial support they need in advancing the country’s shrimp production,” said Liris Maduningtyas, Co-Founder and CEO of JALA.
Founded in 2017 by Aryo Wiryawan (Chairman) and Maduningtyas, JALA provides shrimp farmers with advanced technology services, including in-depth aquaculture analysis built on real-time data and connected equipment, farm assistance, farm financing, supplies and inputs and marketplace services to bring harvest to market.
Its mobile app enables effective monitoring of their shrimp farming processes. The app allows users to record, monitor, and analyse every aspect of their shrimp farming in real-time directly from their mobile devices. This functionality provides farmers with data and progress tracking, assisting them in making well-informed decisions promptly.
Through its farm credit scoring service, farmers can prove creditworthiness and gain access to affordable financing options. JALA offers harvest access services for farmers of all sizes to help them bring their products to market.
The agritech company also offers farm assistance, which gives farmers the direct guidance and support they need in tackling day-to-day challenges in their farms.
Also Read: Agritech startup Jala comes out as winner of Top100 Indonesia Qualifier Roadshow
The company claims it has won over 20,000 users, and its app has monitored shrimp across more than 35,300 ponds. In the future, it will feature more in-depth predictions for cultivation performance, water quality, shrimp disease prediction, and automation in data inputs.
JALA has also collaborated with Conservation International in building the first Climate Smart Shrimp, a combined intensification effort with mangrove restoration for traditional shrimp farms.
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Image Credit: JALA
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