Japanese and Singaporean aquaculture deep-tech company Umitron has raised SGD 15 million (€10.4 million/$10.8 million) in pre-series B round funding, bringing it to SGD 30 million (€20.7/$21.6 million) in combination with its series A financing in 2018.

The funding comes from ENEOS Holding, QB II Investment, Toyo Seikan Group and other commercial banks and is a combination of equity and debt finance.

Umitron is currently affiliated with Charoen Pokphand Foods (CPF), the world's largest shrimp farmer, and will expand to Southeast Asia, India and China in the future.