GHP Law Firm Represents Delos in Series A Funding led by Monks Hill Ventures

Thursday, 14-09-2023

OVERVIEW

GHP Press Release

DELOS, an Indonesian aquaculture technology firm, recently unveiled the successful conclusion of a Series A funding round of unspecified amount. GHP Law Firm’s founding partner, Bintang Hidayanto, and his team – Giovanni Tanzil, Harwindra Syahriar, Syadrini Ulya Zahrah, and Raushan Aljufri, played the key role in advising Monk’s Hill Ventures into the investment.

DELOS aims to leverage this funding to expand its production capacity twofold and advance AquaHero by channelling resources into research and development efforts geared towards reducing production expenses. This will be achieved through enhancements in disease monitoring, improvements in water quality management, optimization of feed conversion ratios, and maximizing yield.

Established in 2021 by Guntur Mallarangeng, Aris Noerhadi, Alexander Farthing, and Bobby Indra Gunawan Wibisono, DELOS has a mission to initiate what they refer to as the 'Blue Revolution.' Their vision is to accelerate Indonesia's transformation into a prominent global seafood producer through aquaculture within a decade. This entails revolutionizing and modernizing the Indonesian aquaculture industry, valued at $2.5 billion, to seamlessly integrate it into the worldwide seafood supply chain.

DELOS, an Indonesian aquaculture technology firm, recently unveiled the successful conclusion of a Series A funding round of unspecified amount. GHP Law Firm’s founding partner, Bintang Hidayanto, and his team – Giovanni Tanzil, Harwindra Syahriar, Syadrini Ulya Zahrah, and Raushan Aljufri, played the key role in advising Monk’s Hill Ventures into the investment.

DELOS aims to leverage this funding to expand its production capacity twofold and advance AquaHero by channelling resources into research and development efforts geared towards reducing production expenses. This will be achieved through enhancements in disease monitoring, improvements in water quality management, optimization of feed conversion ratios, and maximizing yield.

Established in 2021 by Guntur Mallarangeng, Aris Noerhadi, Alexander Farthing, and Bobby Indra Gunawan Wibisono, DELOS has a mission to initiate what they refer to as the 'Blue Revolution.' Their vision is to accelerate Indonesia's transformation into a prominent global seafood producer through aquaculture within a decade. This entails revolutionizing and modernizing the Indonesian aquaculture industry, valued at $2.5 billion, to seamlessly integrate it into the worldwide seafood supply chain.