EFishery, which deploys feeders to fish and ... providing farmers with smart feeding devices as well as feed, and then buying their produce to sell into the broader market.

eFishery was founded in 2013, and its primary innovation was an automated fish feeder system. Basically, the device can be programmed to feed fish at regular intervals which is supposed to be more ...

None of eFishery’s PondTag sensors that were supposed to help remotely judge water quality and automate fish and shrimp feeders had been deployed. The limited data collection meant fish feed ...

Founded in 2013, eFishery seeks to provide a marketplace for fish and shrimp feed and financing for producers. The company also serves as a platform for business-to-business sales of fresh fish ...

[JAKARTA] The alleged fraud at Indonesia’s aquaculture unicorn eFishery has shaken the agritech sector, with the once-thriving industry, driven by fast growth and overblown valuations, now rattling ...

Indonesian aqua-tech start-up eFishery could be in far worse shape than investors had anticipated. Reports say that it is likely to recover less than 10 cents for every dollar it has invested.

The fallen startup, whose financial backers include SoftBank Group Corp. and Singapore’s Temasek Holdings Pte., had been a star of Indonesia’s startup scene. eFishery was valued at $1.4 ...

It also helped farmers obtain financing from peer-to-peer lenders and financial institutions to pay for their feed and operational costs. The investigators also found that there was a high default ...

Investigators hired by the board of eFishery have determined the Indonesian startup is in far worse shape than they previously thought, and that investors are likely to get back less than 10 cents ...