Sustainable food production by compression of fishery’s fragmented supply chain in Indonesia: East Ventures’ thesis on local agritech, Aruna

With over 23 million tons of annual seafood production, Indonesia is second only to China in the global seafood market. The fishery sector generates approximately US$ 4.1 billion in annual export earnings, empowers more than 7 million jobs, and contributes 50% of Indonesia's animal-based dietary protein.

Aruna records 86x growth during pandemic

Aruna records 86x growth during pandemic, raised fresh funds from existing investors 12  August 2020 JAKARTA, 12 August 2020 — Aruna, a technology company in the marine and fisheries sector, closed a fresh round of funding from existing investors as the company records 86x growth amidst the pandemic. The US$5.5 million funding from East Ventures, AC Ventures, and SMDV will aid Aruna to scale its fisherman community ecosystem by expanding to more coastal areas. Therefore, the company can educate more fishermen to increase their productivity, product quality, and standardization. In addition, the capital raised will [...]

13 August 2020|Tags: , |