MariHealth Solutions (RF) (PTY) LTD

About:

Aquaculture Health Management

Website: https://www.marihealthsolutions.com

Top Investors: University Technology Fund, University of Cape Town

Description:

MariHealth Solutions is a marine biotech startup from South Africa, operating in the aquaculture healthcare sector. Currently, more than half the seafood we consume comes from aquaculture, and it is predicted that by 2030, 60% of the growing demand for high protein content foods will be met by aquaculture. However, aquaculture is not immune to unsustainable practices and high costs. For example, animal feeds for farmed fish account for up to 60% of the total production costs in commercial farming, while intensive farming is the main driver of animal stress, with disease outbreaks being responsible for 30-80% of losses. To solve this, MariHealth Solutions is leveraging biotechnology by developing a diagnostic molecular screening tool for effectively and proactively monitoring the impact of farming operations on farmed fish and shellfish. This will ultimately enable vets, farmers, and fish feed companies in optimizing farming operations and nutrition to reduce animal stress and disease outbreaks. In the long-term, this seeks to ensure a more sustainable approach to farming seafood by enabling the reduction of production costs and mitigating feed waste.

Total Funding Amount:

$595000

Headquarters Location:

Cape Town, NA - South Africa, South Africa

Founded Date:

2021-10-01

Contact Email:

sarah(AT)marihealthsolutions.com

Founders:

Number of Employees:

1-10

Last Funding Date:

2022-10-21

IPO Status:

Private

Industries:

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