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Top 5 CleanTech Startup Investors in Indonesia (July 2026)

The most active venture capital funds and angel investors investing in Indonesia CleanTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Indonesia CleanTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Bali Investment Club
VC Fund
2 Indonesia Seed, Pre-Seed, Series A Recycling, Waste Management, Environmental Engineering $1.3M–$1.3M
Intudo Ventures
VC Fund
1 Indonesia, Singapore, Hong Kong Seed, Series A, Series B FinTech, Financial Services, Marketplace $845k–$66M
Spiral Ventures
VC Fund
1 Japan, India, Indonesia Seed, Series A, Series B E-Commerce, Internet, Information Technology $500k–$103M
Ecoxyztem
VC Fund
1 Indonesia Pre-Seed CleanTech, Environmental Consulting, Environmental Engineering
Antler
VC Fund
1 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $108k–$28M
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Investor list

Bali Investment Club
VC Fund · Bali, Jawa Barat, Indonesia · 2 investments in Indonesia CleanTech startups

Bali Investment Club is an investment firm based in Indonesia.

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Investment focus

  • Industry: Recycling, Waste Management, Environmental Engineering
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Indonesia

Investor stats

  • Total investments: 9
  • Round size: Seed $1.3M–$1.3M
  • Lead/follow: 78% lead, 22% follow

Portfolio highlights

  • BukaPO — BukaPO is a food and beverage company that provides pulses, rice bowls, and various other snack food services.
  • Remind — Ethical Circular Material, Comprehensive e-waste recycling and trading solutions for a sustainable future. Be the changemakers with us!
  • Dash Electric — Democratizes access to driver as a fleet solutions. Provides a crucial delivery infrastructure for business by leveraging the power of EV.
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Intudo Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia CleanTech startups

Intudo Ventures is an "Indonesia-only" venture capital firm with a concentrated portfolio approach capitalizing on the rapid growth of private consumption and the rising middle class in Indonesia.

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Investment focus

  • Industry: FinTech, Financial Services, Marketplace
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Hong Kong

Investor stats

  • Total investments: 53
  • Round size: Seed $845k–$3.8M; Series A $3.7M–$31M; Series B $4.3M–$66M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $115M in 2021

Portfolio highlights

  • Banyu — Banyu is a seaweed company that handles difficulties such as low-quality inputs, labor-intensive agricultural practices, and fluctuating market prices. It sells seaweed for food production, biofertilizers, and bioplastics.
  • Suryanesia — Suryanesia is a clean energy startup with ambitions to reduce greenhouse gas levels so that we can live sustainably and in harmony with nature. Their errand is to empower consumers, businesses, and governments to harness innovations that address climate change.
  • Jago Coffee — Jago Coffee serves freshly brewed coffee beverages wherever you are through a fleet of fully electric mobile cafes.
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Spiral Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia CleanTech startups

Our former entity “IMJ Investment Partners” was established in 2012 by IMJ Corporation (“IMJ”), a major digital marketing company, as an independent venture capital subsidiary in Japan. After IMJ was acquired by Culture Convenience Club (“CCC”) in 2013, we continued our investment activities independently, and eventually relocated our office toSingapore to change our strategy and start a venture capital fund for the Southeast Asia market. In 2015, we established the Japan office and started a venture capital fund for the Japanese market.In tandem with the expansion of our business, we left the CCC Group, changed our name to “Spiral Ventures” in 2017, and made a fresh start as an independent venture capital firm.taken from https://spiral-ventures.com/en/group-info/

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Investment focus

  • Industry: E-Commerce, Internet, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 102
  • Round size: Seed $500k–$4.5M; Series A $1.5M–$62M; Series B $10M–$103M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Fragaria — Discover innovative farming practices and high-quality, year-round fruits in India with Fragaria's advanced agricultural technology.
  • SPUN — The most reliable online visa platform in Indonesia with 24/7 dedicated assistance and money-back guarantee.
  • Pruv Finance
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Ecoxyztem
VC Fund · Bandung, Jawa Barat, Indonesia · 1 investments in Indonesia CleanTech startups

Established on May 17th, 2021, Ecoxyztem is a venture builder under PT Greeneration Indonesia dedicated to advancing sustainability in Indonesia. By 2030, we aim to be the most reliable support and go-to platform for ecopreneurs looking to build better, sustainable businesses.

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Investment focus

  • Industry: CleanTech, Environmental Consulting, Environmental Engineering
  • Stage:Pre-Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CarbonEthics — CarbonEthics is Indonesia's tech-enabled natural climate solutions developer. Decarbonize with us by restoring ecosystems, improving livelihoods, and biodiversity, focusing on blue carbon and carbon offsetting initiatives.
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Antler
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia CleanTech startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 1821
  • Round size: Seed $186k–$4.6M; Pre-Seed $108k–$755k; Series A $4.6M–$28M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fresh fund, raised $72M in 2024

Portfolio highlights

  • Deja — Modern Rituals & Natural Products from the Ancient Science of Ayurveda
  • Enoki Inc — Multiplayer-enabled tools for developers. Enoki has 18 repositories available. Follow their code on GitHub.
  • Homethings — Single-use plastic is bonkers. Homethings makes cleaning products that make sense. No more shipping water in plastic bottles. We send non toxic cleaning tabs so that you can refill over and over again using your tap.
Show all investments...

CleanTech Investor funding in Indonesia at a glance

Stats across 7 deals from 10 investors.

10
investors
in Indonesia CleanTech startups
7
deals
in Indonesia CleanTech startups
$220k
median round
in Indonesia CleanTech startups
20%
lead investors
lead at least one round
43%
Pre-Seed
most common funding stage
90/10
VC / Angel
share of investor count

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