HiFeed, an Indonesian startup that aims to reduce the environmental impact of cattle farming, has raised an undisclosed sum in its pre-seed funding from Wavemaker Impact, a climate tech venture builder fund of Wavemaker Partners.
The investment will enable HiFeed to develop innovative solutions to decarbonise cattle farming and livestock production, transforming these into more sustainable and eco-friendly industries.
“Cattle farming is essential to global food production, but its environmental cost is undeniable. Thanks to Wavemaker Impact’s support, we’re closer to revolutionising the industry with solutions that enable farmers to cut emissions while improving productivity,” said Ihsan Akhirulsyah, Founder and CEO of HiFeed in a statement.
Livestock farming—cattle farming in particular—accounts for 9% of global greenhouse gas emissions and is one of the largest sources of methane, a major contributor to global warming. HiFeed is working to significantly cut methane emissions from cattle, improve feed efficiency, and promote sustainable farming practices that balance environmental stewardship with economic viability.
“Our goal is to make decarbonisation not just feasible but profitable for farmers worldwide,” Akhirulsyah added.
In the long term, the startup plans to expand its research and development efforts, enhance its technology infrastructure, and scale its solutions to reach farmers in key regions.
Guillem Segarra, principal at Wavemaker Impact, said “Early results from HiFeed’s pilot projects have demonstrated promising outcomes – feed costs for farmers have lowered, alongside improved cattle growth rates.”
Launched in 2021 with a $60 million debut fund, Wavemaker Impact focuses on building ventures that target the biggest drivers of emissions such as agriculture, energy, industrial processes, built environment, and transport in Southeast Asia. Its LP base includes the United States International Development Finance Corporation, British International Investment, Triple Jump, JG Summit, and Qarlbo Energy.
Its portfolio includes Agros, BumiBaru, Helios, Numat, Octayne, Refy, RegenX, Rize, and WasteX. It also has one portfolio in India, Elevate Foods, and one in Australia, MetroElectro.
