Indonesian fishery platform Aruna raises $5.5m

Startup expands operations into new domestic and export B2B markets

20200813 Indonesia fishery

Aruna was founded in 2016 and aims to create fair trade in seafood products while also improving the livelihoods of fishermen. © Antara Foto/Reuters

SARAH YUNIARNI, DealStreetAsia

JAKARTA -- Indonesian integrated fishery platform Aruna has closed a $5.5 million funding round with East Ventures, AC Ventures and SMDV, the startup announced Wednesday.

On Wednesday, Indonesian aquaculture startup e-Fisheries also announced that it has snagged an unspecified amount in a Series B funding round led by Go-Ventures and Northstar Group.

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