eFishery
Aqua-Spark
Indonesia
eFishery make fish healthier, oceans cleaner and business better. Their solution puts farmers in control with a simple smartphone solution. For aquaculture farms, fish feed can comprise over 50% of costs, which is unaffordable for may small-scale farmers. eFishery has developed a smart feeder device to help farmers in Indonesia optimise feeding, fish health, and water quality, whilst reducing waste. The technology senses a fish's appetite by monitoring their vibrations allowing eFishery farmers to feed their fish automatically, at the right time and with the right amount of feed. This reduces waste and pollution. And increases product quality and farmer profits.
The company has since expanded its offering to link fish farmers to feed suppliers and other inputs via an online marketplace, and now provides financial services helping farmers secure working capital for their operations. eFishery is scaling fast and is on an exciting growth trajectory, it has already deployed thousands of smart feeders serving over 20,000 farmers across Indonesia, where alone there are 3.5 million fish farmers. eFishery’s products boost farm productivity by an average of 30%, and have helped farmers source cheaper feed and secure lower-cost credit. They now have India in their sights as one of the next markets to benefit from this impact solution.
Impact
24%
reduction of fish feed being unnecessarily dispersed into our ocean.
Financial
$1.4b
In 2023 eFishery became the first aquaculture startup to reach a valuation of over $1 billion.
Impact
24%
reduction of fish feed being unnecessarily dispersed into our ocean.
Financial
$1.4b
In 2023 eFishery became the first aquaculture startup to reach a valuation of over $1 billion.
Impact
24%
reduction of fish feed being unnecessarily dispersed into our ocean.
Financial
$1.4b
In 2023 eFishery became the first aquaculture startup to reach a valuation of over $1 billion.
Impact
24%
reduction of fish feed being unnecessarily dispersed into our ocean.
Financial
$1.4b
In 2023 eFishery became the first aquaculture startup to reach a valuation of over $1 billion.
Impact
24%
reduction of fish feed being unnecessarily dispersed into our ocean.
Financial
$1.4b
In 2023 eFishery became the first aquaculture startup to reach a valuation of over $1 billion.
Impact
24%
reduction of fish feed being unnecessarily dispersed into our ocean.
Financial
$1.4b
In 2023 eFishery became the first aquaculture startup to reach a valuation of over $1 billion.
Meet the founder:
eFishery
CEO who grew up in poverty builds rare $1.4 billion fish startup.
A 33 year old biology graduate, Gibran Huziafah, grew up near slums in Jakarta where he often slept rough and once did not eat for three days. He has built a business which can increase farmer yields by up to 30 percent and double net profit, helping hundreds of millions of farmers globally while tackling the global challenge of food security. Read more about his story to create a positive impact on the world here.
