Indonesian aquaculture startup eFishery nets $200M at unicorn valuation

After reports that it is raising new funding, Indonesian aquaculture startup eFishery announced today that it has netted $200 million in a Series D. The company, which makes a smart feeding system for fisheries, says this makes it the first startup in the global aquaculture industry to pass a $1 billion valuation. It’s goal is to reach one million aquaculture ponds in Indonesia by 2025 and expand overseas.
The funding was led by Abu Dhabi-based 42XFund and included participation from Kumpulan Wang Persaraan (Diperbadankan), Malaysia’s largest public sector pension fund, Swiss asset manager res

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