Shrimp Industry

Raised Series A Funding of US$13.1 Million, JALA Is Determined to Strengthen Shrimp Cultivation in Indonesia

Kalyca Krisandini
Kalyca Krisandini
28 November 2023
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JALA has just completed a series A funding round of US$13.1 million. With this round of funding, JALA is determined to strengthen the shrimp cultivation industry in Indonesia. Apart from that, JALA also plans to expand its operations in several regions in Indonesia, including Sumatra, Sulawesi and Nusa Tenggara. These three regions have unique potential for the growth of the shrimp farming industry.

This series A funding round was led by Intudo Ventures, the only VC firm that exclusively invests in Indonesia, with the participation of SMDV, a VC company focusing on technology companies. JALA also has support from existing investors, namely Mirova, an investment manager that focuses on sustainable investment, and Meloy Fund, an investment fund that focuses on the fisheries and seafood sector.

Liris Maduningtyas, Co-Founder and CEO of JALA, revealed JALA's vision for the future.

Paving the way to a sustainable future for Indonesia's shrimp industry is at the heart of JALA's mission. With the backing of Intudo and SMDV, we are more thrilled than ever to amplify our efforts. 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.

Patrick Yip, Founding Partner of Intudo Ventures expressed his enthusiasm toward JALA.

As the world’s fourth-largest producer of shrimp, Indonesia plays a critical role in the global seafood supply chain. With the continued evolution of the country’s shrimp industry, the demand for modern cultivation solutions has risen in tandem. JALA’s suite of digital solutions helps farmers create tangible economic value, increasing farming yields, and leading to more sustainable cultivation practices—bringing Indonesian shrimp to global markets. We’re excited to support JALA in their mission to digitize and strengthen shrimp farming in Indonesia.

Founded in 2017, JALA is a digital ecosystem enabler for the shrimp industry value chain, providing comprehensive end-to-end solutions to streamline the shrimp farming process—improving productivity, efficiency, and sustainability. JALA provides farmers with a suite of advanced technology services, including data-driven aquaculture analysis and integrated multiparameter water quality monitoring device, as well as access farm assistance, farm financing, high quality supplies and inputs, and marketplace services to bring harvest to market.

JALA has made a significant impact in the shrimp industry, gaining trust from over 20,000 users. Through JALA App, JALA has monitored shrimp across more than 35,300 ponds. 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.

JALA also offers harvest access services to help farmers bring their product to market. Farmers can tap into a streamlined system to bring their harvest to market, complete with fast and secure payment options. This service facilitates easy access to markets, ensuring that farmers receive prompt and fair payment for their produce. JALA also offers farm assistance, which gives farmers the direct guidance and support they need in tackling day-to-day challenges in their farms.

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For media inquiries or interview requests, please contact: Clara - VP of Marketing (clara@jala.tech or WhatsApp message +628-777-511-0908)

About JALA

JALA is a leading technology company in the aquaculture industry, specializing in comprehensive end-to-end solutions for shrimp farming. Our mission is to enhance production, profitability, and sustainability in shrimp farming. We offer a suite of products and services that cover the entire cultivation process and extend to the industrial supply chain.

Our offerings include cultivation consultation and assistance, inputs and funding for cultivation, advanced cultivation technology, as well as services for harvesting and market access. A key aspect of our operations is our commitment to sustainability, ensuring that every step of the process adheres to environmentally responsible practices.

Trusted by over 20,000 users, JALA has made a significant impact in the industry. Through our flagship JALA App, we have monitored over 15,700 tons of shrimp across more than 35,300 ponds. Additionally, more than 9,900 tons of shrimp have been successfully harvested with our assistance. Our approach integrates cutting-edge technology with practical solutions, positioning JALA as a pivotal player in transforming the aquaculture landscape. We continue to strive for excellence, driving innovation, and setting new standards in the aquaculture technology space.

For more information, please visit https://www.jala.tech/

About Intudo Ventures

Intudo Ventures is the only VC firm that exclusively invests in Indonesia.

Intudo manages more than US$230M million in committed capital and acts as the “Indonesia-beachhead” strategy for many of the top financial institutions, funds, and family offices in the world, and supports the digitalization strategy for a hyperlocal network of 35+ diversified conglomerates/families in Indonesia.

The firm invests in Indonesian homegrown companies led by best-in-class Pulkam S.E.A. Turtle and local founders in the agriculture, B2B & enterprise, education, finance & insurance, health & wellness, logistics, and new retail & entertainment sectors. Intudo portfolio companies include Xendit, Pintu, Pinhome, Halodoc, Kargo, iSeller, PasarPolis, Nalagenetics, and more.

For more information, please visit https://intudovc.com/

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