Intudo leads US$1.25M investment in Banyu to elevate Indonesia’s seaweed value chain

Banyu, an integrated seaweed company in Indonesia, has closed a US$1.25 million seed funding round led by Intudo Ventures. The funding will enable the company to establish a seedling cultivation laboratory and nursery and expand its farming and exporting operations. Indonesia is the world’s largest producer of tropical seaweed, yet several issues plague the industry, […]