Editor's take: The week that was — Feb 17-22

Beleaguered Indonesian aquaculture startup eFishery, which is currently overseen by FTI Consulting and new management under CEO Martin Wong, is understood to be looking to raise funds from private equity investors, even as it undergoes a forensic audit into alleged financial irregularities by its former leadership. The company hopes to attract PE investors by pitching its feeder unit—the only division with a proven revenue-generating product—as a central selling point. As reported by DealStreetAsia earlier, eFishery has a long runway given the significant capital it has raised. However, its investors are debating whether to save the company or let go.