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Top 15 CleanTech VC Funds & Investors in Indonesia (August 2026)

The most active venture capital funds 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, Angel, Pre-Seed Recycling, Waste Management, Environmental Engineering $1.3M–$1.3M
Ecoxyztem
VC Fund
2 Indonesia Pre-Seed, Series A CleanTech, AgTech, Retail
AC Ventures
VC Fund
1 Indonesia, Singapore, India Seed, Series A, Series B E-Commerce, Financial Services, Software $963k–$87M
Paloma Capital
VC Fund
1 Indonesia Series A CleanTech, GreenTech, Recycling
Delapan Satu Investa
VC Fund
1 Indonesia Series A CleanTech, GreenTech, Recycling
Basra Corporation
VC Fund
1 Indonesia Series A CleanTech, GreenTech, Recycling
Barito Mitra Investama
VC Fund
1 Indonesia Series A CleanTech, GreenTech, Recycling
Init 6
VC Fund
1 Indonesia, Singapore, Pakistan Seed, Pre-Seed, Series A Financial Services, Information Technology, FinTech $1M–$18M
Living Lab Ventures
VC Fund
1 Indonesia, Australia Seed, Venture - Series Unknown, Series A Real Estate, Software, Rental $400k–$250M
Rumah Group
VC Fund
1 Indonesia, Singapore Seed, Venture - Series Unknown Fashion, CleanTech, GreenTech $1.2M–$2.5M
Urban Gateway Fund
VC Fund
1 Indonesia Series A, Venture - Series Unknown CleanTech, GreenTech, Recycling
Spiral Ventures
VC Fund
1 Japan, India, Indonesia Seed, Series A, Series B E-Commerce, Information Technology, Internet $500k–$103M
Antler
VC Fund
1 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
SMDV
VC Fund
1 Indonesia, Thailand, Singapore Series A, Seed, Series B E-Commerce, Information Technology, Software $1.5M–$45M
Intudo Ventures
VC Fund
1 Indonesia, Singapore, Hong Kong Seed, Series A, Series B FinTech, Financial Services, Marketplace $845k–$66M
Access all 23 VC funds in Indonesia CleanTech startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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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, Angel, Pre-Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 10
  • Round size: Seed $1.3M–$1.3M
  • Lead/follow: 70% lead, 30% 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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Ecoxyztem
VC Fund · Bandung, Jawa Barat, Indonesia · 2 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, AgTech, Retail
  • Stage:Pre-Seed, Series A
  • Geography: Indonesia

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Alner — Partnering with FMCG brands to offer products in reuse & refill models. Consumers can purchase items through our online and offline channels, return the empty packaging for incentives, or refill their own containers at our designated stations, reducing single-use packaging waste.
  • 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.
  • Waste4Change — Perusahaan Sosial yang menyediakan jasa pengolahan sampah terpilah secara bertanggung jawab dengan mengurangi timbunan sampah di TPA
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AC Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia CleanTech startups

Founded in 2014, AC Ventures is a Southeast Asian venture capital firm that invests in early-stage startups focused on Indonesia and ASEAN, with over US$500 million in assets under management across five funds. The firm’s areas of investment focus on a variety of industries, including digital enablement, financial technologies, agriculturetechnologies, logistics, e-commerce, consumer technology, MSME solutions, waste management, renewable energy, and sustainability solutions.

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Investment focus

  • Industry: E-Commerce, Financial Services, Software
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, India

Investor stats

  • Total investments: 126
  • Round size: Seed $963k–$10M; Series A $5M–$35M; Series B $14M–$87M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Blostem — Blostem provides fintech solutions, focusing on seamless fixed deposit integration for financial services platforms. The company offers an embedded investment platform and white-label solutions, catering to fintechs, wealth tech platforms, investment advisors, and digital companies. Blostem aims to enhance customer experience through innovativefinancial growth and security solutions.
  • Shiok Burger — Shiok Burger is a food and beverages company that provides baked buns and an innovative burger menu.
  • ASTRO — Situs Belanja Kebutuhan Harian Online dengan Harga Terjangkau dan Kualitas Terbaik. Pesan Kebutuhan Harian di ASTRO Pasti Sampai dalam Hitungan Menit
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Paloma Capital
VC Fund · London, England, United Kingdom · 1 investments in Indonesia CleanTech startups

Paloma is a private equity real estate investor.Our investment philosophy is founded on three key pillars; an acute focus on mispricing, an entrepreneurial approach to asset management and an insistence that the majority of our return comes from income.your capital is wholly discretionary and we are able to rotate between the UK’s sectors andregions as pricing and return prospects change.

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Investment focus

  • Industry: CleanTech, GreenTech, Recycling
  • Stage:Series A
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Waste4Change — Perusahaan Sosial yang menyediakan jasa pengolahan sampah terpilah secara bertanggung jawab dengan mengurangi timbunan sampah di TPA
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Delapan Satu Investa
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia CleanTech startups

Delapan Satu Investa operates as an investment firm.

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Investment focus

  • Industry: CleanTech, GreenTech, Recycling
  • Stage:Series A
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Waste4Change — Perusahaan Sosial yang menyediakan jasa pengolahan sampah terpilah secara bertanggung jawab dengan mengurangi timbunan sampah di TPA
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Basra Corporation
VC Fund · Surabaya, Jawa Timur, Indonesia · 1 investments in Indonesia CleanTech startups

Basra Corporation is an Indonesian business group headquartered in Surabaya, East Java. Founded in 1974, it operates 10+ business units, including motorcycle distribution, logistics, maritime, finance, property, health and aquaculture.

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Investment focus

  • Industry: CleanTech, GreenTech, Recycling
  • Stage:Series A
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Waste4Change — Perusahaan Sosial yang menyediakan jasa pengolahan sampah terpilah secara bertanggung jawab dengan mengurangi timbunan sampah di TPA
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Barito Mitra Investama
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia CleanTech startups

Barito Mitra Investama operates as an investment arm of the mining company Barito Mitra.

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Investment focus

  • Industry: CleanTech, GreenTech, Recycling
  • Stage:Series A
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Waste4Change — Perusahaan Sosial yang menyediakan jasa pengolahan sampah terpilah secara bertanggung jawab dengan mengurangi timbunan sampah di TPA
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Init 6
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia CleanTech startups

Init 6 is an early-stage startup fund that looks for technical founders with a passion to solve big problems. They understand their challenges and they are not afraid of helping them. The firm was founded in 2020 by co-founders Achmad Zaky and Nugroho Herucahyono (Xinuc) after leaving the company Bukalapak.

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Investment focus

  • Industry: Financial Services, Information Technology, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Indonesia, Singapore, Pakistan

Investor stats

  • Total investments: 35
  • Round size: Seed $1M–$18M; Pre-Seed $1.1M–$2.3M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Codemi — Learning Hub untuk Perusahaan. Portal pembelajaran yang dilengkapi materi dari para ahli di Indonesia untuk membantu perusahaan mengembangkan pengetahuan
  • Monit — Monit menggabungkan manajemen kas, pembayaran bisnis, kontrol pengeluaran, dan kartu kredit korporat dalam satu pengalaman terintegrasi
  • One% Nutrition — One% Nutrition is a food and beverage brand focused on health and wellness.
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Living Lab Ventures
VC Fund · Yogyakarta, Yogyakarta, Indonesia · 1 investments in Indonesia CleanTech startups

Living Lab Ventures is an investment firm.

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Investment focus

  • Industry: Real Estate, Software, Rental
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Indonesia, Australia

Investor stats

  • Total investments: 27
  • Round size: Seed $400k–$12M; Series A $2.7M–$250M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Liven — #1 provider of end-to-end Hospitality technology solutions. End the cost and complexity, put AI-enriched data to work, and automate the tasks you never wanted to do in the first place. Used Foodies everywhere to engage with the brands they love.
  • Digital Classifieds Group — Digital Classifieds Group owns and operates a range of classifieds websites in the South Pacific and Asia.
  • Increase Laboratorium Indonesia — PT Increase Laboratorium Indonesia (INCREASE) - Leading in clinical research and high-quality testing services to improve healthcare in Indonesia.
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Rumah Group
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia CleanTech startups

Rumah Group is a family investment office that makes real estate, equities and environmentally-focused impact investments.

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Investment focus

  • Industry: Fashion, CleanTech, GreenTech
  • Stage:Seed, Venture - Series Unknown
  • Geography: Indonesia, Singapore

Investor stats

  • Total investments: 3
  • Round size: Seed $1.2M–$2.5M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • MYCL | Mycotech Lab — MYCL | Mycotech Lab is a mining company that deals in future bio-material with agricultural waste to empower farmers.
  • Waste4Change — Perusahaan Sosial yang menyediakan jasa pengolahan sampah terpilah secara bertanggung jawab dengan mengurangi timbunan sampah di TPA
  • Billion Bricks — BillionBricks uses design and technology to reimagine housing, to empower everyone to be a homeowner. We are developing a self-financing, carbon-negative solar home solution that tackles the systemic issues of housing, energy access and climate change.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Urban Gateway Fund
VC Fund · Tangerang, Jawa Barat, Indonesia · 1 investments in Indonesia CleanTech startups

Urban Gateway Fund operates as an investment firm.

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Investment focus

  • Industry: CleanTech, GreenTech, Recycling
  • Stage:Series A, Venture - Series Unknown
  • Geography: Indonesia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Mimin — Mimin adalah aplikasi gratis yang membantu seller online yang berbasis chat dalam mengatur bisnis dengan mudah. Proses Order. Cek Ongkir. Tagih pembayaran.
  • Waste4Change — Perusahaan Sosial yang menyediakan jasa pengolahan sampah terpilah secara bertanggung jawab dengan mengurangi timbunan sampah di TPA
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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, Information Technology, Internet
  • 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 — The foundational layer for institutional-grade tokenization, bridging multichain ecosystems with DeFi-ready assets.
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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: 2216
  • Round size: Seed $159k–$4.6M; Pre-Seed $100k–$645k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $72M in 2024

Portfolio highlights

  • Praktiki — Praktiki is building the "Decision Layer" for medicine.While medical knowledge doubles every 73 days, frontline clinicians struggle to translate guidelines into practice. Current AI search tools excel at surfacing public data from clinical trials, but fail to capture "how" experts apply that evidence in real-world scenarios.Praktiki fills this gap. We utilise an AI Agentic Creator Engine to capture tacit specialist reasoning and fuse it with public evidence. This feeds a proprietary Expert Knowledge Graph that powers: 1) Microlearning: Case-based modules created 10x faster and which are 170% more effective than traditional education 2) AI Expert Guidance: Real-time decision support synthesising evidence with expert implementation strategies.2025 Traction - our MVP proved that solving the expertise gap drives high engagement: - Registered >10% of UK GPs - 60,000+ modules completed with an 85% completion rate - 51% month-over-month growth - Market-leading NPS of 83We are building a compounding data moat to expand beyond education into clinical intelligence and healthcare data solutions.
  • Mast — Mast is the cloud-native, fully configurable loan origination platform empowering lenders to process applications faster and smarter. We make lending better, smoother and faster.
  • Forti Foods — The mission of Forti Foods is to enhance communities and change lives beyond the plate by fostering resilience and dignity via sustainable food innovation.
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SMDV
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia CleanTech startups

SMDV sinar mas digital ventures

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Investment focus

  • Industry: E-Commerce, Information Technology, Software
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Thailand, Singapore

Investor stats

  • Total investments: 57
  • Round size: Seed $1.5M–$12M; Series A $2.6M–$28M; Series B $18M–$45M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Eko — Turning workplaces into places where all employees can thrive.
  • SIRCLO — SIRCLO is a leading omnichannel commerce enabler in Indonesia, driven by the mission to unlock the digital potential of people and businesses.
  • Amity Corporation — Discover Amity, where we create digital solutions that help organizations, teams and individuals achieve more through technology and social innovation.
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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 $4M–$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.
  • Jago Coffee — Jago Coffee serves freshly brewed coffee beverages wherever you are through a fleet of fully electric mobile cafes.
  • Kozystay — Indonesia's largest short term rental property management Group. Managing high end rental premium apartments & luxury villas in Jakarta, Bali, Bandung, Surabaya & beyond!
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CleanTech VC funding in Indonesia at a glance

Stats across 13 deals from 23 investors.

23
investors
in Indonesia CleanTech startups
13
deals
in Indonesia CleanTech startups
$220k
median round
in Indonesia CleanTech startups
30%
lead investors
lead at least one round
23%
Pre-Seed
most common funding stage

Access all 23 VC funds in Indonesia CleanTech startups.

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