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Startups

Tepbac: Vietnam’s Aquaculture Maverick Riding the Waves of Innovation

Nicole Kristine Jovero
Last updated: April 23, 2024 3:05 am
Nicole Kristine Jovero
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1 Min Read
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  • Tepbac, a Vietnamese aquaculture startup, is making waves by serving 5,000 shrimp farmers.
  • Founded by Duy Phong Tran, Tepbac offers smart farming solutions.
  • Tepbac aims to expand its customer base and reach new markets.

Contents
From humble roots to tech-savvy solutionsSmall fish, big pond

From humble roots to tech-savvy solutions

While eFishery became Southeast Asia’s first aquaculture unicorn in 2023, Vietnam’s Tepbac is making waves of its own.

Serving 5,000 shrimp farmers across three provinces, Tepbac is seeking $10-$20 million in funding to propel its growth.

Founded in 2012 by CEO Duy Phong Tran, a third-generation shrimp farmer, Tepbac started as an informational website. Today, it offers farm management software, IoT devices for automated feeding, water quality monitoring, and an e-commerce marketplace for farm supplies.

Small fish, big pond

With ambitions to secure 80% of Vietnam’s shrimp and fish farmers as customers within five years, Tepbac plans to extend its solutions to India, Thailand, and Indonesia.

Constant innovation, like its smart feeding programs and water monitoring metrics, is key to convincing farmers.

Addressing Vietnam’s high shrimp mortality rates due to disease and climate change, Tepbac offers affordable IoT devices ($2,770) and farm management subscriptions ($82/year).

To read the original article: https://www.techinasia.com/tepbac-vietnams-answer-to-efishery-seeks-to-raise-20m

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