Hatch-backed Aquaculture technology venture Aquaconnect has secured $8 million (€7.3 million) in venture debt funding from Trifecta Capital.

The fresh round of capital will be utilized to expand the company's presence across India by growing its network of partners, enabling it to better provide feed and equipment to India's fish and shrimp farmers, according to a post on LinkedIn from Aquaconnect CEO and co-founder Rajamanohar Somasundaram.

The $7.1 billion (€6.5 billion) Indian shrimp farming industry, which is lacking the technology to make it truly successful, is about to get the investment it needs to shake up the supply chain -- at least if Aquaconnect's Somasundaram has his way.