Ternakin is positioning itself as a transformative player in the aquaculture industry, focusing on sustainable practices through hyperlocal fish farm operations. With a dedicated motto, "Hyperlocal Fish Farm Operator for Sustainable Fish Farming Practice," the company is making strides in optimizing fish farming. The use of IoT and AI technologies to enhance cultivation methods and mitigate fraud is a testament to their innovative approach.
Founded in 2024 and headquartered in Indonesia, Ternakin targets the burgeoning markets of West Java, Greater Jakarta, and South Sumatera. The company employs a co-ownership farming model that has allowed for scalable, efficient farm operations. Classified under the Information Technology and Waste Solution industries, they hold a unique niche offering.
Their last financing round, a Seed Round investment on 25 December 2024, marks a recent milestone in their funding journey. The absence of named investors in this round leaves open questions about longer-term investor interest and strategic partnerships.