Magalarva Founders Included in Forbes 30 Under 30
Rendria Labde founded agritech company Magalarva in 2017 after a trip to Bantar Gebang Landfill --- one of the world's largest landfills --- inspired him to reduce waste by using the Black Soldier Fly (BSF) insect.
Bogor, Indonesia-based startup feeds organic waste to BSF larva, and harvests them to convert into a wide range of products such as fertilizer, meal or dried powder as an alternative source of protein for animal. It raised $500,000 in 2019 in seed funding from undisclosed investors.
The startup previously participated in Skala, an accelerator program initiated by Indonesian conglomerate Salim Group and Japan's Gree Ventures.