Shrimpl closed a Pre-Series A investment round, led by MileDeep Capital, a strategic aquatech investor. This funding marks a significant milestone in Shrimpl’s mission to redefine sustainable aquaculture by deploying its scientifically backed digital platforms and risk management solutions across key global markets.
This funding round will accelerate Shrimpl’s entry into the Indian market, one of the world’s largest shrimp-producing regions valued at over USD 8 billion. 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.
Beyond India, Shrimpl will continue scaling its operations in Latin America and Southeast Asia, including Ecuador, Mexico, Brazil, Vietnam, Thailand, and Indonesia. This expansion will drive the adoption of scientifically validated farm optimization and risk management tools, helping aquaculture businesses scale production, manage risk, and improve financial viability.
At the core of Shrimpl’s platform is its scientifically validated, data-driven approach, combining bioeconomic modeling, AI, and satellite imagery to revolutionize aquaculture decision-making across the supply chain. With more than 1,000,000 hectares of aquaculture ponds digitized and indexed, including more than 200,000 hectares in India, Shrimpl’s 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, and high-accuracy scenario modeling for biomass forecasting, financial planning, and risk assessment.
“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 Ciaron McKinley, CEO of Shrimpl.
“At Miledeep Capital, we are committed to leveraging technology to improve food quality and sustainability, recognizing that our future is intricately tied to the health of the planet. We aim to lead the way in creating a more sustainable growth, innovation, and responsible food ecosystem that will benefit both consumers and the planet for generations to come. Our collaboration with Shrimpl is not merely an investment; it is a strategic partnership that aligns with our core values of environmental sustainability and our commitment to reducing our carbon footprint,” said Mile Deep Capital.
