VakSea, an aquaculture biotechnology company that bio-manufactures functional feed additives to protect farm-raised fish and shrimp from disease, won the Aquaculture Innovation Challenge at the AquaSG ‘19 conference that was held in Singapore.
The Aquaculture Innovation Challenge, valued at $50,000, was presented to VakSea CEO, Mihir Pershad, who pitched VakSea and its core product and value proposition for the fisheries and aquaculture markets to global aquaculture industry leaders and investors at the conference.
“On behalf of the VakSea team, we’re very excited to receive the AquaSG ‘19 Aquaculture Innovation Challenge award,” said Mihir Pershad, CEO of VakSea. “With these funds, we’re looking forward to the opportunity to collaborate with the expert team at the Aquaculture Innovation Centre in Singapore to conduct proof-of-concept research and testing on our core product.”
VakSea has developed an insect larvae platform to bio-manufacture functional feed additives that protect fish and shrimp from viral disease. The orally delivered, immune-boosting proteins are affordable, effective and easy to deliver through feed.
The AquaSG ‘19 conference was formed as a platform for industry professionals and academics to discuss current issues and present innovative applications in aquaculture, particularly seafood safety and security.
VakSea also won the Future Food Asia 2019 Startup SG award with a $50,000 value last June. The Future Food Asia 2019 Startup SG prize is given annually to agriculture tech companies that demonstrate the potential to have significant impact on the future of food in Asia and the agriculture ecosystem in Singapore.