AQUAINNOVATE showcases regional aquaculture innovation and nature-based solutions

The first AquaInnovate event, held in Bangkok from 12-16 May, brought together aquaculture startups, entrepreneurs, researchers, and investors from across the Asia-Pacific region for an intensive week of learning, pitching, and collaboration. Convened by NACA and FutureFish, with funding support from Canada’s International Development Research Centre (IDRC) AQUADAPT project, the programme focused on accelerating nature-based aquaculture innovation and building a stronger regional startup ecosystem.

A platform for innovation

AquaInnovate was designed to provide entrepreneurs with the knowledge, networks, and tools to transform promising ideas into viable businesses. Over 25 participants from across Asia-Pacific joined the event, representing a diverse mix of early-stage companies, researchers, and innovators. Across five days, they engaged in interactive sessions, personalised coaching, field visits, and practical workshops, all aimed at sharpening business models and fostering partnerships.

Startup pitches and feedback

A key feature of the event was the startup pitch sessions, where 14 aquapreneurs presented solutions ranging from sustainable aquafeeds and probiotics to shrimp health innovations, aquaculture automation, and circular economy approaches. Each pitch was followed by questions and feedback from peers, industry experts, and investors. Entrepreneurs received practical advice on investment readiness, market positioning, and scaling strategies, helping to refine their value propositions.

Industry representatives from HydroNeo and UniFAHS shared lessons on scaling aqua-tech and biotech innovations, stressing the importance of affordability, trust-building, and local validation. Their insights reinforced the challenges and opportunities for startups navigating fragmented markets in Asia.

Expert sessions and coaching circles

The programme featured a series of expert-led sessions on core themes, including:

  • Business fundamentals - practical steps to strengthen operations, build scalable ventures, and prepare for investment.
  • Investing for impact - strategies to attract mission-aligned capital and engage with investors in developing Asia.
  • Nature-based aquaculture solutions - aligning innovation with ecosystems, community resilience, and sustainability.
  • Gender equality and social inclusion (GESI) ensuring aquaculture innovation is accessible, equitable, and empowering.

Small-group coaching circles gave participants the opportunity to workshop challenges directly with experts, covering issues such as IP ownership, commercialisation strategies, financing, and inclusive business design. These sessions provided targeted feedback and encouraged peer learning.

Field visits: Learning from Thai Innovators

Participants travelled to two pioneering farms in Thailand for hands-on learning. At LST Farm, Somprasong Natetip demonstrated Thailand’s only biosecure hatchery producing SPF all-male freshwater prawns, showcasing genetic RAS systems and low-energy water treatment innovations. At Boonsawang Farm, Gunn and Suthi Mahalao shared their approach to premium seabass farming, covering disease management, certification, and diversification into new species. These visits offered practical insights into the realities of farm operations, innovation adoption, and the commercial drivers shaping aquaculture businesses.

Watch the Presentations

Videos of startup pitches and expert sessions from AquaInnovate 2025 are now available below and on NACA's YouTube channel. For background on the participants and full programme details, please see the AquaInnovate Hub website .

Creative Commons Attribution.

Related

Knowledge brokering for nature-based solutions in aquaculture and transformation in Asia-Pacific: Support to the Aquaculture Innovation and Investment Hub

This project contributes to NACA's recent work with the FAO on aquaculture transformation. The aim is to create more efficient, inclusive, resilient, and sustainable food systems through innovation, investment, and partnerships. NACA is developing an Aquaculture Innovation and Investment Hub (AIIH) to help realise this vision in the region, providing a facility that will bring together innovators, startups, and investors to accelerate transformation. The project will contribute to developing National Innovation and Investment Plans for Thailand, The Philippines, and Fiji, which will address issues including climate change, disease prevention and management, environmental sustainability, gender equality and social inclusion, and resource utilisation and management. The project is part of a wider AQUADAPT initiative, a four-year partnership running from 2023-2027, funded by Canada's International Development Research Centre.

In this collection

Life Cycle Assessment for Eco-friendly and Sustainable Aquaculture by Nature-based Practice

This presentation introduces a life cycle assessment tool designed to evaluate the sustainability of nature-based aquaculture practices. The tool measures environmental impacts such as carbon footprint and supports farmers, researchers, and policymakers in identifying mitigation strategies for more eco-friendly production systems. This pitch was presented by Kobboon Kaewpila of the Life Cycle Sustainability Assessment Laboratory, King Mongkut’s University of Technology Thonburi.

LEAPS: Leveraging Climate-Smart Shrimp Aquaculture Solutions in Indonesia

LEAPS is a climate-smart aquaculture initiative in Java that combines shrimp farming with mangrove restoration to strengthen coastal community resilience. Implemented under the AQUADAPT program with funding from Global Affairs Canada and IDRC, the project promotes inclusive, nature-based approaches for small-scale shrimp aquaculture. By integrating real-time IoT water quality monitoring, wastewater treatment and gender-responsive practices, LEAPS reduces greenhouse gas emissions while restoring mangroves and supporting communities. The project also informs evidence-based policy, helping scale sustainable aquaculture solutions across the region. Aligning shrimp farming with ecosystem restoration, LEAPS supports both livelihoods and climate adaptation. This pitch was presented by Rocky Pairunan and Burhanuddin Zein.

Digital Solutions for Farmers in Myanmar

Farm Suite by Greenovator is a digital farm management tool tailored for aquaculture in Myanmar. The platform helps farms and agribusinesses streamline planning and daily operations by tracking activities, inputs, and yields through a real-time, business-grade dashboard. Recognised as a top-3 innovation in the Grow Asia Challenge, Farm Suite provides an affordable, professional alternative to manual record-keeping. With its mobile app interface, it delivers actionable insights that empower aquaculture managers to boost productivity and sustainability. This pitch was presented by Yin Yin Phyu.

UniFAHS: The Startup Journey of a Thai Phage Biotech Pioneer

Kitiya Vongkamjan, co-founder of UniFAHS, shares the journey of building a pioneering phage biotechnology company in Thailand. UniFAHS develops bacteriophage-based solutions to tackle antimicrobial resistance and improve food safety in agriculture, aquaculture, livestock, and food processing. UniFAHS was recognised as a Global Finalist in the Extreme Tech Challenge 2022 and has grown into a venture-backed startup, raising USD 1.4 million in seed funding from A2D Ventures, ADB Ventures, and InnoSpace (Thailand). The story highlights how cutting-edge science can be transformed into scalable commercial solutions with real-world impact.

HydroNeo: Startup Journey of a Smart Aquaculture Innovator

In this presentation, Fabian Reusch, founder of HydroNeo, shares the story of how HydroNeo began and the lessons learned along the way of building a tech startup in Thailand. Aimed at fellow aquaculture entrepreneurs and startup founders, his talk is an open and honest reflection on the realities of the journey — not a polished, glamorous pitch that only highlights the wins, but a candid look at both successes and setbacks, the difficult decisions, and the ongoing challenges that shape the real path of building a company.

Nature-based Aquaculture for Entrepreneurs and Innovators

Mariska Bottema (WorldFish) and Rebecca McMillan (IDRC) discuss the concept of nature-based aquaculture, why it matters for innovation and entrepreneurship, and how it can support ecosystems, communities, and profitability. Topics include: Defining nature-based aquaculture and its connection to nature-based solutions; criteria such as climate resilience, ecosystem health, reduced antimicrobial use, and inclusivity; global examples: mangrove–shrimp integration, women-led seaweed farming, integrated multi-trophic systems, and rice–fish farming; supportive technologies including IoT, renewable energy, and life cycle assessment; and opportunities for entrepreneurs: resilient farms, reduced risks, lower costs, premium markets, funding, and partnerships.

Nature-based Seafood Markets & Creative Partnerships — Panel at The Food School, Bangkok

A discussion on how creative partnerships build markets for nature-based seafood from farm to fork. Topics include rigorous sustainability and certification, smallholder capacity building, traceability and water-quality sensing, decarbonising supply chains, short supply chains and consumer trust, plus species literacy and whole-fish utilisation in Thai cuisine. Panelists:

  • Special Guest Chef Black (Blackitch Artisan Kitchen).
  • Panu Boonsong, Thai Union Group.
  • Duangchai Paungkaew, Aquaculture Stewardship Council.
  • Gun Jinnawat, Vice-President, Boonsawang Farm.