Indonesian agritech startup eFishery on Tuesday announced a $90 million Series C funding round led by Temasek Holdings, SoftBank Vision Fund 2 and Sequoia Capital India. The startup is now valued at nearly $385 million after the funding, per DealStreetAsia calculations.
As part of the round, the startup raised $80 million in fresh funding, according to its Singapore-registered entity’s filings with the Accounting and Corporate Regulatory Authority (ACRA). Additionally, it issued Series C shares worth $10 million to convertible noteholders including Dutch investment fund Aqua-Spark, Wavemaker Partners and Go-Ventures.
