top of page

TeOra and Atlas Aquaculture Signs MoU to Bring New Technologies Into Aquaculture Industry


TeOra and Atlas Aquaculture Signs MoU to Bring New Technologies Into Aquaculture Industry | Plug and Play APAC

On 19 April 2024, Singapore startup TeOra and Atlas Aquaculture Pte Ltd have signed a Memorandum of Understanding (MoU). This strategic partnership signals their joint commitment to infuse the aquaculture sector with cutting-edge technologies and sustainable practices.


Singapore-based biotech startup TeOra stands at the forefront of innovation in disease management in agriculture and aquaculture. Their work focuses on developing orally administered therapeutics for farmed fish and shrimp. Atlas Aquaculture, a land-based fish farm in Singapore, leverages a proprietary closed-loop recycling system, to deliver fresh, nourishing, and sustainable fish products.



With the planet's oceans serving as a vital lifeline, supporting the livelihoods of over 3 billion people worldwide, TeOra believes the imperative to develop sustainable aquaculture practices through continuous innovation. The MoU will primarily look to establish a collaborative framework between TeOra and Atlas Aquaculture to spearhead joint projects aimed at propelling the aquaculture industry forward. By pooling their expertise, the two companies seek to delve into research and development initiatives geared towards enhancing the sustainability and optimacy of aquaculture practices.


“We are looking forward to collaborating with Atlas Aquaculture, a company with deep expertise and infectious enthusiasm on bringing innovation in the aquaculture space. Driven by a common mission, our complimentary expertise will drive the frontiers of innovation to make the industry sustainable, clean and healthy for all.” said Rishita Changede, founder and CEO of TeOra.


“Rarely do you get the chance to meet a company that has the same passion and incredible expertise that TeOra comes with, and even rarer again that you get the opportunity to work alongside. We are so excited to be in a position to develop much needed solutions for an industry that is developing at speed, great things on the horizon.” said Kane Mcguinn, Co-Founder and CEO of Atlas Aquaculture. 


TeOra previously won the prestigious 2023 edition of The Liveability Challenge, where they clinched the top prize for their groundbreaking innovations alongside Susteon. Their accolades include a substantial grant funding of S$1 million and a further S$100,000 investment from PeakBridge VC, underscoring the industry's confidence in their visionary endeavors.


 

TeOra is one of our portfolio startups in Plug and Play APAC. As an in-house venture capital, our goal is to fund the teams that are building the defensible businesses of the future. By leveraging our capital, our network of VCs, and our corporate partners, we give our portfolio companies an added advantage. Join our platform today!


Written by: Joie Ong, Senior Marketing Associate, Plug and Play APAC

Bình luận


Recent Posts

batchannouncements, malaysiaacceleratorprogram

Plug and Play announces 11 startups selected for the second batch of its Malaysia Accelerator program

Clicks® Among Startups Driving AI Innovation Selected To Join NVIDIA Inception Program

portfoliohighlight

TeOra and Atlas Aquaculture Signs MoU to Bring New Technologies Into Aquaculture Industry

Want to receive the latest industry trends, news and event updates?
Want updates on the latest news and events from Plug and Play APAC?

Join our mailing list today!

APAC SUMMIT: 1 Day of Innovation, 50 Startups, 1 Platform

bottom of page