Aruna, a technology company in the marine and fisheries sector closed a fresh round of funding US$5.5 million from existing investors, East Ventures, AC Ventures, and SMDV. The funding will aid company to scale its fisherman community ecosystem by expanding to more coastal areas.
This funding will help improve their productivity, product quality, and standardization. In addition, the capital raised will assist the startup in scaling its operations into new domestic and export B2B markets.
Aruna has worked with thousands of fishermen in 31 coastal areas across the Indonesian archipelago, covering multiple regions between Sumatra and Papua. The company helps local fishermen export their products to countries in Southeast Asia, East Asia, North America and the Middle East also provides fishermen more direct access to the B2B domestic market.
