NAGPUR, India/JAKARTA -- Indonesian aquatech company eFishery is in advanced talks to raise around $100 million in a fresh funding round led by United Arab Emirates-based G42 Global Expansion Fund (42XFund), a source familiar with the talks told DealStreetAsia.
DealStreetAsia
Indonesia's eFishery in talks to raise about $100m
Fresh round led by UAE's G42 Global Expansion Fund
A fish pond equipped with eFishery food dispensers in West Java, Indonesia. The startup wants to increase export contributions to its revenue. (Source photo by Getty Images, logos from eFishery official Twitter account and 42XFund website)
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