Tech Company Financing Transactions
eFishery Funding Round
42XFund, 500 Global and Goldman Sachs joined a $200 million Series D capital raise for eFishery. The funding round was recorded on 7/7/2023.
Transaction Overview
Company Name
Announced On
7/7/2023
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Series D
Investors
42XFund (Lead Investor) (Iman Adiwibowo)
Proceeds Purpose
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. Its goal is to reach one million aquaculture ponds in Indonesia by 2025 and expand overseas.
Company Information
Company Status
Out of Business
Industry
AgTech
Mailing Address
Jl. Bukit Pakar Timur IV Kav. B1 Ciburial, Kecamatan Cimenya
West Java, 40198
ID
West Java, 40198
ID
Phone
Website
Email Address
Overview
Founded in 2013, eFishery is the first Aquaculture Technology startup in Asia that develops innovations in the aquaculture field. eFishery disrupts traditional fish farming methods and provides cutting edge solutions in the aquaculture ecosystem by offering an end-to-end platform that provides access to feed, financing, and market to fish and shrimp farmers. eFishery aims to build an aquaculture ecosystem in Indonesia that is not only profitable but also sustainable to the farmers, buyers, and to all stakeholders.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Gibran Huzaifah
Co-Founder
Chrisna Aditya
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