eFishery
Founded Year
2013Stage
Loan - II | AliveTotal Raised
$590.87MLast Raised
$30M | 4 mos agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-9 points in the past 30 days
About eFishery
eFishery offers a fish-feeding machine for commercial aquaculture. The company helps to sense the fish's appetite through motion sensors. It builds a systematic value chain for the fish and shrimp farming businesses. The company was founded in 2013 and is based in Bandung, Indonesia.
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Expert Collections containing eFishery
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
eFishery is included in 2 Expert Collections, including Agriculture Technology (Agtech).
Agriculture Technology (Agtech)
2,156 items
Companies in the agtech space, such as equipment manufacturers, surveying drones, geospatial intelligence firms, and farm management platforms
Unicorns- Billion Dollar Startups
1,244 items
Latest eFishery News
Jul 30, 2024
26 July, 2024 Indonesian unicorn eFishery and Singapore’s MoneyHero Group let go staff this week. The aquatech startup did not disclose details regarding the decision while MoneyHero reportedly laid off 80 people. Indonesia’s eFishery lays off staff Indonesian aquatech firm eFishery has let go of an undisclosed number of employees as the firm undergoes “structural adjustments”, according to a statement on Friday. “eFishery today announced an organisational adjustment that impacts some employees,” the statement said. “This decision was taken with great consideration based on the company’s restructuring and changes in business strategy, and eFishery understands the impact this will have on individuals.” The aquatech unicorn did not give details about changes nor the number of people affected by the decision. The firm said details will be informed later. eFishery, according to the statement, will help the impacted employees find a new job, provide counselling, and other support to ease such transition. According to eFishery’s past press release , the firm had planned to increase its headcount to 2,000 people by 2022 following a $90 million Series C funding. The firm recently secured a $30 million green and social loan from HSBC Indonesia for its expansion plans. Singapore’s MoneyHero Group trims workforce to cut costs MoneyHero Group, a Singapore- and Hong Kong-based fintech firm backed by billionaire Richard Li, laid off 80 employees to reduce expenses, The Business Times reported on Friday. The publication cited an e-mail to staff this week with CEO Rohith Murthy describing the decision to downsize the “enterprise-wide team” as “unfortunate but necessary” to enhance MoneyHero’s long-term financial health and profitability. Despite the layoff, Murthy said the company still has “a strong leadership team, dominant market share, a proven strategy, strong cash position and powerful access to capital that no other peer can match”. According to the firm’s website, MoneyHero employs over 330 people across four markets in Asia-Pacific. DealStreetAsia has reached out to MoneyHero for comments. MoneyHero appointed Murthy as its new CEO in February this year and named Hao Qian as the company’s new chief financial officer (CFO) in May to oversee the company’s financial systems and teams. Printed by Unregistered user on Tue, 30 Jul 2024 07:25:26 GMT
eFishery Frequently Asked Questions (FAQ)
When was eFishery founded?
eFishery was founded in 2013.
Where is eFishery's headquarters?
eFishery's headquarters is located at Jl. Bukit Pakar Timur IV Kav. B1, Ciburial, Bandung.
What is eFishery's latest funding round?
eFishery's latest funding round is Loan - II.
How much did eFishery raise?
eFishery raised a total of $590.87M.
Who are the investors of eFishery?
Investors of eFishery include HSBC Indonesia, GGV Capital, Norinchukin Bank, ADQ, Northstar Group and 23 more.
Who are eFishery's competitors?
Competitors of eFishery include Observe Technologies and 6 more.
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Compare eFishery to Competitors
CageEye has developed an AgTech platform. It is an IoT technology for the salmon farming industry designed to monitor the behavior of the biomass in a cage and improve feeding processes. The system, developed in collaboration with the Norwegian Institute of Marine Research, uses acoustic data and advanced analytics to detect when the fish are hungry or full.
ID Water is an agricultural climate technology company specializing in the integration of smart aquaculture and mangrove forestry. The company offers solutions that leverage artificial intelligence, water quality sensors, robotics, and solar energy to enable stable aquaculture production and enhance mangrove carbon sequestration. ID Water primarily serves the aquaculture industry and supports large tech companies in achieving their sustainable development and environmental social governance goals. It was founded in 2007 and is based in Taipei, Taiwan.
OptoScale specializes in real-time monitoring and data analysis for aquaculture, focusing on fish weight, health, and lice infestation. The company provides modules for weight measurement, health assessment, and lice counting, all accessible through a unified portal for efficient decision-making in fish farming operations. These solutions facilitate non-invasive monitoring and management of fish welfare, growth, and treatment interventions. It was founded in 2015 and is based in Trondheim, Norway.
ReelData is a venture-backed company focusing on artificial intelligence solutions for land-based aquaculture within the food production sector. The company offers an AI Suite comprising tools like ReelAppetite, ReelBiomass, ReelStress, and ReelHealth, designed to maximize growth, minimize costs, and reduce risks for aquaculture farms by providing data and automation in a unified platform. These solutions cater to the needs of smolt, post-smolt, and on-growing production facilities in the aquaculture industry. It was founded in 2019 and is based in Halifax, Nova Scotia.
Remora Robotics specializes in the development of autonomous submarine robots for the aquaculture industry. Their main product is a fully automated robot that cleans fish farming pens, prevents biofouling, and collects environmental data to improve fish welfare and simplify operations. The company's technology is designed to provide detailed insights into pen conditions, support preventative maintenance, and optimize farming operations without harming the environment. It was founded in 2015 and is based in Stavanger, Norway.
Finnforel focuses on sustainable and ecological fish farming, specifically in the production of rainbow trout within the aquaculture industry. The company utilizes recirculating aquaculture systems (RAS) to farm fish on land, ensuring products are fresh, traceable, and have a reduced environmental impact. Finnforel's offerings include the breeding, raising, processing, and delivery of rainbow trout products, with a commitment to circular economy principles and efficient production chains. It is based in Helsinki, Finland.
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