UniFAHS raises $1.4M in Seed funding for Sustainable Agriculture
UniFAHS, a trailblazing biotechnology company specialising in phage technology for sustainable agriculture and food safety, has announced it has raised over $1.4 million in its seed funding round. This significant step propels the company forward in its mission of growth and transforming food production using environmentally friendly and sustainable approaches.
The funding round, led by A2D Ventures and supported by contributions from Asian Development Bank Ventures (ADB Ventures) and InnoSpace (Thailand), underscores the strong confidence in UniFAHS’s innovative approach and future potential. A2D Ventures is a prominent community-led early-stage investing platform that aims to tackle fragmentation and democratise access to investment opportunities.
Co-founded by Dr Kitiya Vongkamjan, a distinguished Cornell University alumna and leading figure in phage research and food safety, and Chalita Wongpukdee, who brings expertise in agribusiness marketing and sales with extensive connections in agriculture, food, feed, and animal health, UniFAHS’s patented phage solutions are at the forefront of combating antimicrobial resistance (AMR) and promoting climate-friendly agricultural practices. Dr Vongkamjan shares, “Our vision at UniFAHS is to create a sustainable future for food production. This funding is a financial boost and a strong endorsement of our phage technology’s potential to revolutionise the agriculture and food safety sectors.”
Recognised as one of the Top 10 Livestock Management startups globally by StartUs Insights in 2023, Dr Vongkamjan and her team continue to further groundbreaking research and sustainable food production to redefine the biotechnology landscape. This investment serves as a catalyst that will enable the company to expand its production capacity and extend its reach across Southeast and South Asia by working closely with its distribution partners to expand the customer segments by 20% in 2024 to impact the world’s food production significantly.
As UniFAHS embarks on a journey of growth and expansion, ADB Ventures has emerged as a critical partner, contributing financial support and a wealth of experience and global connections – with both companies sharing a united commitment to prioritising environmentally friendly and socially responsible practices in the pursuit of economic growth.
