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eFishery
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Short description

Developer of technologies for sustainable fish and shrimp farming

Founded in 2013
Founded in

Company type Private Public ()
Company type

Industry Group agriculture & food

Sector animals

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Indonesia Bandung, Indonesia
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Updated by Cleantech Group on 01/04/2024

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Date Partner Type
10/25/2022
iGrow iGrow
Partnership to help fish farmers access loans.
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Confirmed by iGrow
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IPO INFORMATION

Date

07/07/2023

IPO status

Speculated

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IPO

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Exchange listed

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Description

eFishery plans to use its $200M Series D funding to expand in Indonesia and India before pursuing an IPO in the US or Indonesia, CEO Gibran Huzaifah said in an interview. “We’d like to be a global leader over the next five years and do an IPO at some point... The earliest would be in 2025.”

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Date Investors Type Amount
06/03/2024 HSBC HSBC (1)
Post-money valuation of
The aquatech startup will use the money to accelerate the utilisation of its automatic feeding product for small-holder farmers, eFeeder. As per the agreement, HSBC Indonesia will act as Sustainable Finance Coordinator for eFishery to support the implementation of ESG principles.
 Loan $30,000,000
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