Indonesian Agritech Startup Efishery Raises $90M In Series C Round
01/11/22, 4:50 AM
Money raised
$90 million
Round Type
series c
Indonesian agritech startup eFishery announced that it has raised $90 million in its Series C round co-led by Singapore state investor Temasek, SoftBank Vision Fund 2, and Sequoia Capital India.
Company Info
Additional Info
The company then diversified into eFishery Fresh (fishery grocery), eFisheryFeed (fish and shrimp feed), and eFishery Fund (providing loans to aquaculture farmers).The company claims that to have deployed thousands of smart feeders, serving over 30,000 farmers across 24 provinces in Indonesia to date. However, according to DealStreetAsia – DATA VANTAGE, the company had raised $19.81 million in its Series B round. eFishery started operations in 2013 as an IoT feeder for fish and shrimp farming.