About TERNAKIN
TERNAKIN is an Agriculture company based in West Jakarta (Indonesia) founded in 2023 by Indriawan Widya Utama, Michael Hadiono, and Nikolas Sinurat. It operates as a data-driven apps and IoT tools are provided for fish farmers. TERNAKIN has raised $750 thousand across 2 funding rounds from investors including Antler and Spiral Ventures. Its chief executive is Michael Hadiono. Its focus areas include Food and Agriculture Tech, Aquaculture Tech, Farm Monitoring and Diversified. Its competitors include Eruvaka Technologies, Maritech, Osmo Systems, Watergenics and Poseidon-AI and 4 more; 2 of its 9 listed competitors have raised funding.
Company details
TERNAKIN was founded in 2023 in West Jakarta, Indonesia, as a platform focused on aquaculture. Services and tools are delivered through a data-driven app to support fish farming operations. IoT devices and practical applications are utilized to manage daily activities, including monitoring and optimization in the sector. The company is led by co-founders serving as CEO, CPO, and Chief Commercial Officer.
- Headquarters West Jakarta, Indonesia
- Founders Indriawan Widya Utama, Michael Hadiono, Nikolas Sinurat
- SectorsAgriculture
- Email••••••••
- Website ternakin.co
- Social LinkedIn
- Total Equity Funding$750K (USD)
in 2 rounds
- InvestorsAntler
& 1 more
Funding Insights of TERNAKIN
TERNAKIN has successfully raised a total of $750K across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $750,000
- Total Rounds 2
- First Round $750,000
(Jan 2024)
- Investors Count 2
All 2 funding rounds of TERNAKIN with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | – | Seed | – | – | |
| Jan 2024 | $750,000 | Seed | – | Antler | – |
2 investors in total: 2 institutional.
Investors in TERNAKIN
TERNAKIN has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Antler and Spiral Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investing and founder support services are offered globally by Antler. | 2018 | antler.co | - | |
- | – | spiral-ventures.com | - |
Investor details for TERNAKIN
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of TERNAKIN
3 people are tracked at TERNAKIN (3 in leadership).
| Name | Role | Group |
|---|---|---|
Indriawan Widya Utama | Co-Founder & Chief Commercial Officer | Leadership |
Michael Hadiono | Co-Founder & CEO | Leadership |
Nikolas Sinurat | Co-Founder & CPO | Leadership |
Complete people profiles for TERNAKIN
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of TERNAKIN
3 dated milestones of TERNAKIN across 1 years, from founding to its latest funding, stage changes and deals.
- Founded TERNAKIN is founded.
- Funding First funding round of $750K.
- Funding Latest funding round, Seed,.
Competitors of TERNAKIN
TERNAKIN has 9 listed competitors in our database, 2 of them funded. They include Eruvaka Technologies, Maritech, Osmo Systems, Watergenics and Poseidon-AI, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eruvaka.com | 2012 | Hyderabad, India | $6.99M | 121 | IoT-enabled diagnostic equipment is supplied for aquaculture monitoring. | |
| maritech.com | 1984 | Molde, Norway | – | – | Provider of IoT-based production, logistics and supply chain solutions for the seafood industry | |
| osmobot.com | 2013 | Oakland, United States | $3.37M | – | Parameters are monitored in hydroponic and aquaculture systems. | |
| watergenics.tech | 2019 | Berlin, Germany | – | 8 | Real-time water-quality sensors for aquafarming are supplied by Watergenics. | |
| poseidon-ai.com | 2019 | Singapore | – | – | AI-based sustainable fish farming solutions are provided using RAC technology. | |
| aqua-manager.com | 1997 | Athens, Greece | – | – | Resource management software solutions for aquaculture facilities | |
| robicrufarm.com | 2017 | Hyderabad, India | – | – | Provider of precision agriculture and aquaculture solutions | |
| americanaquafarms.com | 2020 | Portland, United States | – | – | Facilitates sustainable projects in blue sectors through technology partnerships. | |
| seadronepro.com | 2015 | Menlo Park, United States | – | – | ROVs for underwater exploration and subsea inspection are developed. |
Detailed competitors of TERNAKIN
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of TERNAKIN
The website of TERNAKIN (ternakin.co) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 7.2% vs previous month
Top companies in Aquaculture Tech & Equipment
10 companies that operate in the same segment as TERNAKIN (Aquaculture Tech & Equipment), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
End-to-end AI solutions are delivered for shrimp and fish farmers. | 2017 | Chennai, Tamil Nadu, India | USD 24.1 M | USD 17.44 M | 160 | |
Protein nutritional feeds for animals are produced via natural fermentation. | 2011 | Menlo Park, California, United States | USD 177.22 M | – | 21 | |
An IoT-powered tech platform is provided for aquaculture farmers. | 2020 | Bhimavaram, Andhra Pradesh, India | USD 18.95 M | USD 9.23 M | 46 | |
Seafood supply chain marketplace connecting producers and retailers is operated. | 2019 | Bengaluru, Karnataka, India | USD 260.68 M | USD 96.34 M | 458 | |
Laser-based optical delousing solutions for salmon and trout are provided. | 2012 | Oslo, Oslo, Norway | USD 5.2 M | – | – | |
AI-based software platform for aquaculture monitoring is provided. | 2017 | San Francisco, California, United States | USD 48.37 M | – | 22 | |
Salmon is produced and supplied using sustainable hybrid technology. | 2017 | Molde, Møre And Romsdal, Norway | USD 92.37 M | USD 32.27 M | 81 | |
Insect-based aquaculture feeds are developed from cultivated larvae. | 2015 | Evry-courcouronnes, Essonne, France | USD 537.61 M | – | – | |
Advanced nutrition and health solutions for aquaculture are provided. | 2000 | Sheffield, England, United Kingdom | – | – | – | |
Grows and converts seaplants into bio-fuels and soil nutrients | 2010 | Bengaluru, Karnataka, India | USD 48.24 M | USD 5.53 M | 109 |
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Frequently Asked Questions about TERNAKIN
TERNAKIN was founded in 2023 and raised its 1st funding round 1 year after it was founded.
TERNAKIN is headquartered in West Jakarta, Indonesia. It is registered at West Jakarta, Jakarta, Indonesia.
Michael Hadiono is the current CEO of TERNAKIN. They have also founded this company.
TERNAKIN is a funded company, having raised a total of $750K across 2 funding rounds to date. The company's 1st funding round was a Seed of $750K, raised on Jan 2024.
TERNAKIN was founded in 2023 in West Jakarta, Indonesia, as a platform focused on aquaculture. Services and tools are delivered through a data-driven app to support fish farming operations. IoT devices and practical applications are utilized to manage daily activities, including monitoring and optimization in the sector. The company is led by co-founders serving as CEO, CPO, and Chief Commercial Officer.
TERNAKIN's top competitors include Eruvaka Technologies, Watergenics and Osmo Systems.
TERNAKIN has 2 investors. Key investors include Antler, and Spiral Ventures.