eFishery Brings DycodeX Team to Company to Strengthen Product Development Line [UPDATED]

eFishery announced it had done so acquire towards a team from an IoT startup DycodeX. Founder Andri Yadi and his team will now join eFishery in the AIoT & Cultivation Intelligence Product Division.

This division is the key behind the development of the eFeeder product, an automatic feeding innovation for fish and shrimp farming. By utilizing IoT technology, eFeeder has proven its ability to increase the productivity of cultivators and farmers and enable feed use efficiency of up to 30%, while providing valuable insights to cultivators and farmers regarding feed planning and crop yields.

Appoint Andri to VP

Andri Yadi was also appointed VP of the AIoT & Cultivation Intelligence Product Division at eFishery. The team will be positioned according to their expertise in IoT hardware development, firmware, artificial intelligence (AI), platforms and applications. Within this new team structure, there are ambitious plans to develop AI & IoT products in the next 2-3 years.

The plan also aims to launch more than 10 innovative products by 2024, including new IoT devices and platforms, GenAI-based products, and intelligence solutions aqua culture other.

Strategic decisions acquihiring This aims to strengthen eFishery's position in the market, increase the company's capabilities, and encourage sustainable growth and innovation

"Andri Yadi and his team can strengthen and accelerate the implementation of AI and IoT in the eFishery ecosystem, enabling us to meet the needs and challenges in the aquaculture industry through continuously developing technological innovation. Especially in the field of AI & IoT, we hope that the innovations born from this collaboration can provide targeted solutions for the sustainability and growth of the aquaculture industry and businesses faced by cultivators and fish farmers," said eFishery Co-Founder & CEO Gibran Huzaifah.

DycodeX at a glance

Andri Yadi and his team previously focused on DycodeX, a startup founded in Bandung in 2015. There are a number of products produced, such as SMARTLivestock, Smarterbike, DytraX, and Smart Gallon -- all of these services leverage AI and IoT capabilities for automation. Long before that, since 2007 Andri was also the Founder & CEO of Dycode, who focused more on application development mobile devices.

This startup has also received funding from a number of investors and angel with value not stated. Finally they posted a round series A in 2018.

"eFishery has consistently found appropriate applications for this technology in the field of aquaculture. I am confident that with us joining eFishery, the company will be better prepared for rapid business growth, supported by a strong technological foundation. In this synergy, both AI and IoT ", which merges into AIoT, will become the main supporting technology," said Andri Yadi.

Since receiving series D funding and becoming unicorn, eFishery continues to move swiftly to double its growth. At the end of last year they did too solidify its expansion into India, with an initial debut reaching 1000 hectares of ponds and 3000 metric tons of feed.

In Indonesia alone, eFishery claims to have helped more than 200 thousand cultivators and fish farmers. The products they have are also becoming more comprehensive, starting from providing access to feed, funding, to markets for cultivators.

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*Update: we changed the title of the article, eFishery said it did not acquire DycodeX as a company, only brought in its team