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Startups

Indonesia aquaculture startup in talks for new funding

Bandung-based smart feeder eFishery looks to raise $15m

Indonesian startup eFishery provides technology for fish and shrimp farming, including a smart feeder, cloud-based dashboard and data platform.   © Reuters

JAKARTA -- Indonesia-based agritech startup eFishery is in talks with private equity firms Northstar and Go-Ventures, the venture capital arm of ride-hailing giant Gojek, to raise fresh funding, according to multiple sources.

Founded in 2013, eFishery provides tech-based solutions for fish and shrimp farming, including a smart feeder, cloud-based dashboard and data platform. These help farmers deal with risk management, supply inefficiencies, lack of financing and market access.

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