eFishery Becomes Indonesia's 15th Unicorn Startup, Reportedly Raises 1,6 Trillion Rupiah Series D Funding

eFishery reportedly secured new funding in a Series D round with a value of $ 108 million (over Rp. 1,6 trillion) which catapulted the company into the ranks unicorn. First time reported Deal Street Asia, an investor from Abu Dhabi namely G42 Global Expansion Fund led the funding round, followed by Softbank Vision Fund II and Northstar Group. Previously such rumours It has been circulating since early March 2023.

According to data we obtained from Venture Cap, eFisehery has raised over $220 million in third-party funds with a recent valuation of over $1,3 billion --- making them a startup. unicorn 15th in Indonesia. This at once becomes unicorn first for landscapes aquatech.

As a maritime country, Indonesia has a large fishing industry potential, which has encouraged a number of startups to try to democratize and innovate in this segment. Besides eFishery a number of startups aquatech others in Indonesia include Fishlog, JALA, DELOS, and FisTx. They have also received funding support from investors to launch their business penetration in the fishery/aquaculture industry in the country.