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Indonesian startup ‘eFishery’ secures key funding to strengthen product development

Indonesian agritech start-up eFishery has successfully closed its Series B round co-led by Go-Ventures and the Northstar Group, along with existing investors to bolster product development, anchor its position within the domestic aquaculture industry, and grow the team.

Set up in 2013, Bandung-based eFishery serves thousands of farmers across Indonesia.

“Through the introduction of new technologies, we increase yields and lower costs for fish and shrimp farmers. With products that support the entire aquaculture ecosystem, from ponds to last-mile distribution, we help farmers build more profitable and sustainable farming businesses,” said Gibran Huzaifah, co-founder and CEO of eFishery.

In 2015, eFishery raised a pre-Series A round and a Series A round in late 2018.

Editorial Desk at Agrigate.Global

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