Latest Funding Catapults Startup eFishery to Unicorn Status

By Editorial Team 26/05/2023
Summary

Aquatech startup eFishery secured US$108 million in Series D funding from various investors. Deal Street Asia reported on Thursday that the funding round involved G42 Global Expansion Fund, Northstar Group, and Softbank Vision Fund as investors.

According to Singapore's Accounting and Corporate Regulatory Authority (ASCRA), G42 contributed US$100 million, while Northstar and Softbank invested US$5 million and US$3 million respectively.

However, there has been no response from eFishery or its investors regarding this funding round. eFishery’s previous funding round was in 2022 when it raised Series C funding in January and debt financing in October.

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