Banyu raised $1.25 million in a seed funding round led by Intudo Ventures to grow seaweed farming in Indonesia.
PRIVATEJan 22, 2025
Amount Raised
$1.25 Million
Round Type
Seed
JakartaBiotechnologyAgriculture and FarmingFarming
Investors
Intudo Ventures
Description
Banyu, an Indonesian integrated seaweed company, has completed a $1.25 million seed funding round from Intudo Ventures. The company aims to revolutionize Indonesia’s seaweed industry through innovative practices while empowering local farmers.
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Company Information
Company
Banyu
Location
Jakarta, DKI Jakarta, Indonesia
About
Banyu is an Indonesian integrated seaweed company founded in December 2023, focusing on revolutionizing the seaweed industry through innovative seedling cultivation and sustainable practices. The company aims to empower local farmers and enhance their livelihoods while addressing challenges in the sector, such as low-quality inputs and labor-intensive methods. Banyu's proprietary methodology produces high-quality spore seedlings that increase yields significantly. The company collaborates with various stakeholders to promote quality assurance and sustainable farming practices.
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JakartaBiotechnologyAgriculture and FarmingFarming