Sealife Organics Ltd, an organic fertilizer startup, raises MUR 20 million in seed equity funding, led by Seed Capital Ltd and supported by co-investor GOAL, capitalizing on the growing demand for sustainable agricultural solutions in Mauritius.
Information on the Target
Sealife Organics Ltd is an innovative startup specializing in the production of organic fertilizers. The company aims to provide sustainable agricultural solutions that enhance soil health, increase crop yields, and contribute to environmentally friendly farming practices. By utilizing natural ingredients and advanced production techniques, Sealife Organics Ltd is poised to meet the growing demand for organic farming inputs.
The company recently secured MUR 20 million in seed equity funding from a consortium of investors in Mauritius, with Seed Capital Ltd leading the investment. Additionally, GOAL has committed an extra MUR 3 million as co-investment, demonstrating confidence in Sealife Organics’ potential for growth and impact in the agricultural sector.
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Industry Overview in Mauritius
The agricultural industry in Mauritius is an essential component of the country's economy, contributing significantly to employment and GDP. The sector is characterized by a diverse range of crops, including sugarcane, fruits, and
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Seed Capital Ltd
invested in
Sealife Organics Ltd
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $1M