Seaqua, a Dhaka-based Blue-tech startup, has secured a substantial investment from Middle East investors. The company aims to digitize Bangladesh’s fisheries and aquaculture industry. The funds will be used to expand operations and implement blockchain technology for traceability. The company’s strategy includes eliminating supply chain inefficiencies, implementing advanced technology, and promoting transparency.
Seaqua plans to use blockchain technology to create traceability maps, collecting valuable data to bridge the blue finance gap and promote sustainable practices. By 2026, the company aspires to empower 1 million livelihoods in the industry, creating a globally transparent and traceable blue food value chain. This recent investment marks a significant step towards Seaqua’s goal of global food security and sustainability.