Aqua-Spark-backed Indonesia aquaculture company eFishery has raised $200 million (€183 million) in a series D funding round to support efforts to expand the country's aquaculture sector and increase the sale of fish feed and fresh fish through its platform.

eFishery's business model includes a marketplace for selling fish and shrimp feed, a platform for B2B customers to purchase fresh fish and shrimp products, and financial services tailored to fish farmers.

Gibran Huzaifah, co-founder and CEO of eFishery, said the support from investors will enable the company to "revolutionize" the entire industry by integrating smaller Indonesian fish farmers into its value chain.