Key Takeaways
- Significant Funding Achievement: UniFAHS has raised over USD 1.4 million in seed funding, marking a vital step in its growth journey.
- Innovative Phage Technology: The company specializes in phage technology for sustainable agriculture and food safety, aiming to transform food production with environmentally friendly approaches.
- Strong Support from Industry Leaders: The funding round was led by A2D Ventures, with contributions from Asian Development Bank Ventures (ADB Ventures) and InnoSpace (Thailand), indicating strong market confidence.
- Leadership and Vision: Co-founded by Dr. Kitiya Vongkamjan and Chalita Wongpukdee, UniFAHS is driven by a vision of a sustainable future for food production.
- Expansion and Impact: With this investment, UniFAHS plans to expand its production capacity and extend its reach across Southeast and South Asia, aiming to impact global food production significantly.
Empowering Sustainable Phages for Our Planet’s Future
UniFAHS, a biotechnology company, has recently announced a significant milestone in its mission to revolutionize the agriculture and food safety sectors. With over $1.4 million raised in its seed funding round, the company is set to advance its pioneering work in phage technology, an innovative approach to creating sustainable and environmentally friendly food production methods.
Strategic Investment and Confidence in UniFAHS
The successful funding round was led by A2D Ventures, a community-led early-stage investing platform, with significant contributions from ADB Ventures and InnoSpace (Thailand). This investment reflects a strong belief in UniFAHS’s potential and groundbreaking technology. Ankit Upadhyay, Founder and CEO of A2D Ventures, emphasized the synergy between UniFAHS’s technology and the founders’ expertise, highlighting the company’s potential to reshape industries and achieve substantial growth.
Leadership and Innovation at UniFAHS
Co-founded by Dr. Kitiya Vongkamjan, a distinguished alumna of Cornell University with expertise in phage research and food safety, and Chalita Wongpukdee, who brings her experience in agribusiness marketing, UniFAHS stands at the forefront of combating antimicrobial resistance (AMR) and promoting climate-friendly agricultural practices. The company’s patented phage solutions are instrumental in this endeavor.
Global Recognition and Future Goals
Recognized as a Top 10 Livestock Management startup globally in 2023, UniFAHS, under Dr. Vongkamjan’s leadership, is set to redefine the biotechnology landscape. The investment will catalyze the company’s expansion plans, targeting a 20% customer segment growth in 2024 across Southeast and South Asia.
Partnerships for Sustainable Growth
As a critical partner, ADB Ventures brings financial support and a network of global connections, sharing UniFAHS’s commitment to environmentally and socially responsible practices. Thitirat Sittakaradej from ADB Ventures expressed enthusiasm for UniFAHS’s solutions and their potential impact on climate and agriculture in the region.
Industry Impact and Strategic Commitments
UniFAHS has already established partnerships with leading poultry producers, showcasing its practical approach to bacterial control and addressing AMR challenges in agriculture and animal health. InnoSpace (Thailand) also highlighted its commitment to supporting UniFAHS in developing and deploying its phage solutions.
About UniFAHS
UniFAHS is pioneering in phage technology application and is committed to ensuring sustainable and safe food production. With a focus on the “One Health” concept, the company is dedicated to addressing the global challenge of antimicrobial resistance and shaping a sustainable future through innovative approaches.
Image provided by UniFAHS