What is Aruna?
Aruna operates as the largest integrated fisheries commerce entity within Indonesia, distinguished by its commitment to fostering fair trade. The company leverages digital platforms to bridge the gap between local, small-scale fishermen and international markets. By implementing transparent pricing, Aruna aims to create a more equitable ecosystem for its stakeholders, enhancing the livelihoods of fishermen while ensuring a reliable supply chain for global consumers.
How much funding has Aruna raised?
Aruna has raised a total of $65M across 1 funding round:
Series A
$65M
Series A (2022): $65M with participation from Prosus Ventures, SIG, East Ventures Growth Fund, AC Ventures, and Vertex Ventures Southeast Asia and India
Key Investors in Aruna
Prosus Ventures
Prosus Ventures is a global consumer internet group and one of the largest technology investors in the world, focusing on high-growth sectors.
SIG
SIG is a major multinational business supplying specialist insulation and interior fit-out products, roofing materials, and exterior solutions across Europe.
East Ventures Growth Fund
East Ventures Growth Fund is an investment fund focused on supporting growth-stage technology companies in Southeast Asia.
What's next for Aruna?
The recent major enterprise-level funding positions Aruna for substantial scaling and further development of its digital infrastructure. This strategic investment is expected to fuel expansion into new markets, enhance technological capabilities for greater market reach, and solidify its position as a leader in sustainable and fair fisheries commerce. The company's trajectory suggests a focus on deepening its impact within the Indonesian archipelago and potentially extending its model to other emerging markets seeking to digitize their traditional commerce sectors.
See full Aruna company page
