Who caught $90M? It's eFishery! The Indonesia-based aquaculture startup just reeled in Temasek, SoftBank Vision Fund 2 and Sequoia Capital India to co-lead its $90M Series C.

• It helps fish and shrimp farmers get more and better quality seafood in every way — from feed and financing to tech and markets.
• Its tech can help increase yields up to 26% and almost double profits.
• Indonesia's one of the world's largest fish producers.

Big catch! It's raised the largest funding round by an aquaculture startup globally. Northstar Group, Go-Ventures, Aqua-Spark and Wavemaker Partners also joined in on the round.

🤔  What's the biz?

Smart feeders. It makes sure your seafood is automatically fed the right amount at the right times. (More food for us! Hello, big yields and healthy ponds!)

• Over 30,000 farmers use its smart feeders.

Software. Through its app, it allows its farmers to monitor and optimize their operations based on water quality, feeding and harvest planning data— all through their phones! Oh, and it can even predict how much fish they're set to harvest.

• Through eFresh, farmers can easily sell by getting connected to buyers.

Financing. It connects its farmers to financial institutions like BNPL services. Apply online and get a loan of up to $140,000 in just days.

• eFund has supported 7,000 fish and shrimp farmers by approving over $28M in loans.

🐠  Just keep swimming

It's swimming past Indonesian waters and into the top 10 countries for aquaculture for expansion, including India and China, to hit 1M farmers. And apart from building on its tech, it's also recruiting the next 1,000 employees.