Indonesian aquatech firm eFishery has become the country’s latest unicorn after raising $108 million in a Series D funding round led by UAE-based G42 Global Expansion Fund (42XFund), according to regulatory filings.
42XFund contributed $100 million to the round, while Southeast Asian private equity (PE) major Northstar Group chipped in nearly $5 million in the round, per eFishery’s filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA). Meanwhile, SoftBank Vision Fund II invested $3 million.