Tepbac builds an IoT-enabled hardware and data system for shrimp farmers and operates an aquaculture media and e-commerce platform that began in 2012. Its Farmext suite, launched in 2017, combines remote-controlled auto feeders, water-quality monitoring devices and software that tracks farm data, automates operations and lets farmers keep a "farming diary." The software analyzes feed and other inputs to estimate operational costs and expected profit; Tepbac says its solutions have reduced farmers' costs by about 20% and increased profits by about 30%. Its water-quality monitor measures oxygen every five minutes and can automatically control aeration, which the company says can cut electrical fees by roughly 30%. Tepbac has served about 1,500 farms across small and large operators, processors and government customers in Vietnam, and its solutions can be used for shrimp and other marine fish. The company plans to use recent funding to scale its suite of technologies to simplify operations, lower costs and improve decision-making for farmers.

Total raised

$2M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2023