Indonesia Startup eFishery with $415 Million Funds Raised Suspends Co-Founders CEO Gibran Huzaifah & Chief Product Officer Chrisna Aditya for Ongoing Investigation for Financial Misconduct Including on Financial Reports & Revenue, Appoints Adhy Wibisono as Interim CEO & Albertus Sasmitra as Interim CFO

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Indonesia Startup eFishery with $415 Million Funds Raised Suspends Co-Founders CEO Gibran Huzaifah & Chief Product Officer Chrisna Aditya for Ongoing Investigation for Financial Misconduct Including on Financial Reports & Revenue, Appoints Adhy Wibisono as Interim CEO & Albertus Sasmitra as Interim CFO

17th December 2024 | Hong Kong

Indonesia startup eFishery with $415 million funds raised has suspended co-founders CEO Gibran Huzaifah & Chief Product Officer Chrisna Aditya for ongoing investigation for financial misconduct including on financial reports & revenue.  eFishery announced the appointment of Adhy Wibisono as interim CEO & Albertus Sasmitra as interim CFO.  In 2023 May, Indonesia eFishery has raised $200 million in Series D funding at more than $1 billion valuation, with investors including 42XFund, Kumpulan Wang Persaraan (Diperbadankan), SoftBank Vision Fund 2, Temasek, Northstar Group, Responsability & 500 Global.  Goldman Sachs was the exclusive financial advisor for eFishery.  In 2022 January, eFishery had raised $90 million in Series C funding from SoftBank Vision Fund 2, Sequoia Capital India & Temasek (Singapore).  eFishery is an agriculture-technology company providing integrated feeding solutions for fish & shrimp farming to help local seafood farmers save costs & improve productivity.  eFishery was founded in 2013 by CEO Gibran Huzaifah Amsi El Farizy (Indonesian).  

“ Indonesia Startup eFishery with $415 Million Funds Raised Suspends Co-Founders CEO Gibran Huzaifah & Chief Product Officer Chrisna Aditya for Ongoing Investigation for Financial Misconduct Including on Financial Reports & Revenue, Appoints Adhy Wibisono as Interim CEO & Albertus Sasmitra as Interim CFO “

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Indonesia eFishery Raised $108 Million in Series D Funding at $1.3 Billion Valuation with Investors Including SoftBank Vision Fund 2 & Northstar Group

27th May 2023 – Indonesia eFishery has raised $108 million in Series D funding at $1.3 billion valuation, with investors including SoftBank Vision Fund 2 & Northstar Group.  In 2022 January, eFishery had raised $90 million in Series C funding from SoftBank Vision Fund 2, Sequoia Capital India & Temasek (Singapore).  eFishery is an agriculture-technology company providing integrated feeding solutions for fish & shrimp farming to help local seafood farmers save costs & improve productivity.  eFishery is founded in 2013 by CEO Gibran Huzaifah Amsi El Farizy (Age 33, Indonesian).

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