by Aarya Dhru -

MICROCAPITAL BRIEF: ResponsAbility Invests $40m in Equity in eFishery of Indonesia for Technology Helping Fish, Shrimp Farmers with Feeding, Water Quality, Documenting Sustainable Practices, Market Linkages

Switzerland-based responsAbility Investments recently paid USD 40 million for an equity stake of undisclosed size in eFishery, a company assisting Indonesian fish and shrimp farmers with automatic feeders and mobile apps. The money is sourced from the responsAbility fund Sustainable Food Asia II, which has raised USD 173 million as of 2023.

Founded in 2013, eFishery reports having partnered with 70,000 cultivators, including separate apps for