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Top 50 Hardware VC Funds & Investors in Indonesia (June 2026)

The most active venture capital funds investing in Indonesia Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Indonesia Hardware startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
East Ventures
VC Fund
5 Japan, Indonesia, Singapore Seed, Series A Software, Information Technology, Internet $649k–$38M
Mirova
VC Fund
5 France, United States, India Debt Financing, Series A Energy, Renewable Energy, Agriculture $5M–$91M
Insignia Ventures Partners
VC Fund
4 Indonesia, Singapore, Vietnam Seed, Series A, Series B Financial Services, FinTech, Software $50k–$131M
UntroD Capital
VC Fund
3 Japan, Singapore, Austria Seed, Series A Manufacturing, Biotechnology, Medical $2M–$241M
Intudo Ventures
VC Fund
3 Indonesia, Singapore, Hong Kong Seed, Series A, Series B FinTech, Financial Services, Marketplace $645k–$113M
Triputra Group
VC Fund
3 Indonesia Seed, Series A, Pre-Seed Supply Chain Management, AgTech, Logistics $1.6M–$28M
The Meloy Fund
VC Fund
3 Indonesia B2B, CRM, AgTech
BEENEXT
VC Fund
3 India, Japan, Indonesia Seed, Series A, Series B Software, E-Commerce, Financial Services $500k–$50M
Vertex Ventures Southeast Asia & India
VC Fund
3 India, Singapore, Indonesia Series A, Series B, Seed E-Commerce, SaaS, FinTech $2.2M–$40M
SMDV
VC Fund
3 Indonesia, Thailand, Singapore Series A, Seed, Series B E-Commerce, Information Technology, Software $1.5M–$45M
LINE Ventures
VC Fund
2 Japan, Indonesia, Thailand Series A, Series B Software, E-Commerce, FinTech $3.7M–$567M
Pavilion Capital
VC Fund
2 United States, Japan, Singapore Series B, Series A, Series C Biotechnology, Health Care, Information Technology $6M–$723M
GK-Plug and Play Indonesia
VC Fund
2 Indonesia, Singapore, United States Seed, Pre-Seed, Series A Software, Financial Services, Artificial Intelligence $50k–$12M
Cento Ventures
VC Fund
2 Singapore, Malaysia, Thailand Series A, Seed, Series B E-Commerce, Software, Information Technology $580k–$21M
Vertex Ventures
VC Fund
2 United States, China, Israel Series A, Series B, Series C Software, Information Technology, SaaS $3M–$100M
Gan Kapital
VC Fund
2 Singapore Seed, Pre-Seed SaaS, Internet, Software $50k–$2.3M
Init 6
VC Fund
2 Indonesia, Singapore, Pakistan Pre-Seed, Seed, Series A Financial Services, Information Technology, FinTech $1M–$18M
Central Capital Ventura
VC Fund
2 Indonesia, Singapore, Australia Series A, Seed, Series B Financial Services, FinTech, Software $3M–$80M
Accion Ventures
VC Fund
2 India, United States, Mexico Seed, Series A, Series B Financial Services, FinTech, Finance $500k–$33M
Prasetia Dwidharma
VC Fund
2 Indonesia, Singapore, United States Seed, Series A, Pre-Seed Software, Information Technology, E-Commerce $100k–$15M
SOSV
VC Fund
2 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
Future Creative Network
VC Fund
2 Indonesia Seed Virtual Reality
Hustle Fund
VC Fund
2 United States, Singapore, Canada Seed, Pre-Seed, Series A Software, FinTech, Financial Services $120k–$30M
Infia Media Pratama
VC Fund
1 Indonesia Seed Virtual Reality
Mercy Corps Ventures
VC Fund
1 Kenya, United States, Colombia Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology
MDI Ventures
VC Fund
1 Indonesia, Singapore, United States Series B, Seed, Series A Software, E-Commerce, Information Technology $500k–$75M
PT Ekonomi Baru Investasi Teknologi
VC Fund
1 Indonesia Seed Virtual Reality
Real Tech Japan
VC Fund
1 Japan, Singapore, Austria Series A, Seed Manufacturing, Biotechnology, Medical $5M–$241M
1982 Ventures
VC Fund
1 Singapore, Indonesia, Philippines Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $1.2M–$8.5M
Khoo Investment
VC Fund
1 Indonesia Seed B2B, Big Data, Logistics
Amand Ventures
VC Fund
1 Indonesia, Singapore Seed, Series A Retail, Software, Financial Services $1.7M–$2.8M
Vulpes Investment Management Pte Ltd
VC Fund
1 Vietnam, Australia, Singapore Seed, Series A, Convertible Note Internet, Health Care, B2B $1M–$15M
BANSEA
VC Fund
1 Indonesia, Singapore, Togo Seed B2B, Software, Logistics $359k–$2.6M
EV Growth
VC Fund
1 Indonesia, Singapore, Thailand Series B, Series C, Series A FinTech, Financial Services, Internet $11M–$360M
Investa Syailendra Nuswatara
VC Fund
1 Indonesia Seed Virtual Reality, Augmented Reality
Tigalapan Investama Group
VC Fund
1 Indonesia Seed Virtual Reality, Augmented Reality
Sinar Mas Digital Ventures
VC Fund
1 Indonesia Series A Lifestyle, Logistics, Supply Chain Management
Tiger Global Management
VC Fund
1 United States, India, China Series B, Series A, Series C Software, FinTech, Financial Services $8M–$298M
DS/X Ventures
VC Fund
1 Indonesia, Singapore Seed, Pre-Seed Information Technology, B2B, FinTech $1M–$4.1M
Mitsubishi Corporation
VC Fund
1 United States, Japan, United Kingdom Corporate Round, Series A Software, Internet, Transportation $3M–$19B
Agaeti Venture Capital
VC Fund
1 Indonesia, Singapore Series A, Seed Software, Food Delivery, Food and Beverage $7.8M–$28M
BADideas.fund
VC Fund
1 Estonia, Latvia, Lithuania Pre-Seed, Seed, Grant Software, Information Technology, Artificial Intelligence $340k–$6.5M
500 Southeast Asia
VC Fund
1 Singapore, Indonesia, Malaysia Seed, Series A, Series D Artificial Intelligence, FinTech, Software $500k–$170M
MassiveMusic
VC Fund
1 Indonesia Seed Virtual Reality
Astor Investment Management
VC Fund
1 India, Indonesia, United States Seed B2B, SaaS, Fashion $1.2M–$3.3M
Brightness Capital
VC Fund
1 Indonesia Seed B2B, Big Data, Logistics
Investible
VC Fund
1 Australia, United States, Singapore Seed, Series A, Pre-Seed Software, Information Technology, FinTech $221k–$20M
Bamboo Sea Ventures
VC Fund
1 Singapore, Indonesia, United States Seed, Pre-Seed, Corporate Round Big Data, Internet, Software
Conservation International Ventures
VC Fund
1 United States, Indonesia, United Kingdom Seed, Pre-Seed Aquaculture, Internet of Things, AgTech $1.4M–$2.8M
Fintech Nation
VC Fund
1 Indonesia, Singapore Seed FinTech, Software, Wellness $1M–$1.1M
Access all 12 VC funds in Indonesia Hardware startups.

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

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Investor list

East Ventures
VC Fund · Tokyo, Tokyo, Japan · 5 investments in Indonesia Hardware startups

East Ventures is an early stage venture capital (VC) focused on Southeast Asia, Indonesia & Japan. Success cases include Tokopedia, Traveloka, and Mercari.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A
  • Geography: Japan, Indonesia, Singapore

Investor stats

  • Total investments: 444
  • Round size: Seed $649k–$18M; Series A $2.1M–$38M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Base — Personalized skincare formulated
  • Anyplace — Find furnished accommodations to rent for a month or longer. Choose apartments catered for remote work with an equipped home office and high-speed internet.
  • Moi — Moi Corporation was founded to deliver on the promise of the Twitcasting social live streaming platform. We developed Twitcasting to enable people to stream and share live video anytime, anywhere - connecting the world in real-time. TwitCasting provides a live streaming social platform that enables real-time chat between broacasters andviewers, through apps or desktop. Users can follow their favorite broadcasters and receive notifications when new a new live stream is about to start. Broadcasters can save and publish their live streams for later viewing.In early 2014 we added "Collabo" to Twitcasting, enabling as many as 6 users to broadcast together, in a single display. Viewers can join a broadcast that is already streaming live and broadcast together. It is the first app to support multi-device broadcasting in a single stream on mobile and PC. Our user base has doubled every year, and hit 7.5 million in September, 2014. While the largest part of our base is in Asia, users in US, Brazil, Mexico and other Latin American countries are now growing rapidly. About 70% of our users are under 25 years old, & approximately 95% of broadcasters shoot on mobile. 
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Mirova
VC Fund · Paris, Ile-de-France, France · 5 investments in Indonesia Hardware startups

Mirova is an asset managerment company offering investment solutions that combine financial performance with environmental and social impact.

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Investment focus

  • Industry: Energy, Renewable Energy, Agriculture
  • Stage:Debt Financing, Series A
  • Geography: France, United States, India

Investor stats

  • Total investments: 48
  • Round size: Series A $5M–$27M; Debt Financing $5.3M–$91M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Zunder — Zunder operates as an electric vehicle charging company.
  • Neot e-motion
  • Greenway — Everything for charging EVs & the largest network of EV chargers in our region. We also sell, lease, install, and operate charging stations for 3rd parties.
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Insignia Ventures Partners
VC Fund · Singapore, Central Region, Singapore · 4 investments in Indonesia Hardware startups

Insignia Ventures Partners is a venture capital firm that specializes in startup investment. Insignia Ventures Partners is an investment firm managed by a former Sequoia Asia partner, Yinglan Tan.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 140
  • Round size: Seed $50k–$13M; Series A $4.4M–$26M; Series B $12M–$131M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Diaflow — Diaflow is an agentic automation platform that enables users to automate their business processes using natural language
  • Konvy.com — Konvy.com is an online platform that provides cosmetics and skincare products.
  • SeIndonesia — Se’Indonesia is a fastest growing Indonesian Quick Service Restaurant chain. providing high-quality protein that is flavorful, nutritious, accessible, and affordable. The company specializes in smoked beef bowls, leveraging a proprietary smoking process that delivers distinct taste and aroma rooted in Indonesian culinary tradition.Founded with avision to revolutionize the food industry, Se’Indonesia emphasizes product integrity, operational scalability, and efficient delivery formats. Through its commitment to honest cooking and accessible nutrition, the company is positioned to lead the next generation of quick-service food solutions across Indonesia and beyond.
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UntroD Capital
VC Fund · Sumida, Tokyo, Japan · 3 investments in Indonesia Hardware startups

UntroD Capital is an R&D-based innovative technology that specializes in social implementation.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Medical
  • Stage:Seed, Series A
  • Geography: Japan, Singapore, Austria

Investor stats

  • Total investments: 119
  • Round size: Seed $2M–$43M; Series A $2.1M–$241M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • CastBio — Castbio specializes in antibody-drug conjugate-based drug discovery research and development. Along with medications, it also creates research reagents, medical equipment, in vitro diagnostic items, and offers drug discovery consulting.
  • Illumi Medical — Illumi Medical is a manufacturing company that produces medical equipment and devices for the healthcare sector.
  • Reborna Biosciences — Reborna Biosciences provides research and development in the field of genetic diseases. The company develops therapeutic options for area of unmet medical needs in genetic rare disease. The company's technology enables low-molecular compounds to target ribonucleic acid. The company provides new disease-modifying drugs for patients sufferingfrom rare genetic diseases including spinal muscular atrophy.
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Intudo Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 3 investments in Indonesia Hardware 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: 51
  • Round size: Seed $645k–$3.8M; Series A $3.7M–$31M; Series B $4.3M–$113M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — raised $115M in 2021

Portfolio highlights

  • Jala Tech — JALA helps shrimp farmers increase cultivation production and efficiency in the shrimp industry.
  • iSeller — iSeller is an information technology company located in Jakarta.
  • Jago Coffee — Jago Coffee serves freshly brewed coffee beverages wherever you are through a fleet of fully electric mobile cafes.
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Triputra Group
VC Fund · Jakarta, Jakarta Raya, Indonesia · 3 investments in Indonesia Hardware startups

Berkontribusi untuk bangsa adalah alasan keberadaan kami sejak mulanya, yakni... lahir dari, oleh dan untuk Indonesia. Tentang Triputra Group Ruang untuk Tumbuh Triputra terus berupaya tetap relevan dan memberikan kesempatan sebesar-besarnya bagi para talenta di masa depan untuk berkontribusi bagi

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Investment focus

  • Industry: Supply Chain Management, AgTech, Logistics
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 15
  • Round size: Seed $1.6M–$5.6M; Series A $4M–$28M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • FishLog — FishLog is fisheries supply chains ecosystem. Our vision is to transform fragmented fisheries supply chains into an integrated and efficient ecosystem with reliable solutions that create value along fisheries network. Our mission is to be the largest fisheries network in Indonesia. Offer complete fisheries post-harvest management services. Creatinga transparant, fair-trade and sustainable transaction along fisheries ecosystem with all stakeholders in our network.
  • Coldspace — Comprehensive end-to-end integrated cold chain solution for your business needs. Our services include on-demand cold storage, reefer trucks, fulfillment services, and contract logistics/managed cold chain services. Ensure your products' freshness and integrity throughout the supply chain with our reliable and efficient solutions
  • Warung Pintar — Platform digital terpercaya untuk membantu warung tradisional Indonesia tumbuh bersama teknologi.
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The Meloy Fund
VC Fund · Arlington, Virginia, United States · 3 investments in Indonesia Hardware startups

Small scale fisheries are in crisis. The Meloy Fund for Sustainable Community Fisheries creates opportunity for local fishers to secure more sustainable livelihoods.

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Investment focus

  • Industry: B2B, CRM, AgTech
  • Geography: Indonesia

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jala Tech — JALA helps shrimp farmers increase cultivation production and efficiency in the shrimp industry.
  • Koltiva — Koltiva is a farmer first global tech company empowering over 480,000 farmers and business users across 27 countries. We support some of the largest multinational companies by digitizing global supply chains and technology. Our focus is to enhance traceability, inclusiveness, and sustainability.
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BEENEXT
VC Fund · Singapore, Central Region, Singapore · 3 investments in Indonesia Hardware startups

BEENEXT is a Venture Capital fund managed by serial entrepreneurs that focuses on assisting founders with its operational experience, network, trust, unique perspectives, and the capital. The team invests in early-stage tech start-ups that are focused on building the new digital platforms driven by the data network. BEENEXT aims to establish aplatform of founders, by the founders and for the founders across the globe, primarily in South East Asia, India and Japan. Since its establishment in 2015, the team has invested in over 180 companies globally.

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Investment focus

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

Investor stats

  • Total investments: 287
  • Round size: Seed $500k–$8.5M; Series A $2M–$29M; Series B $4.6M–$50M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $1.6B in 2020

Portfolio highlights

  • Whizzo — Whizzo specializes in materials science-driven manufacturing of engineered fashion and technical textiles. Our expertise lies in creating and executing innovative textile blends tailored for applications across automotive, agriculture, medical textiles, and engineered fashion.
  • Driffle — A marketplace built for gamers by gamers. Browse a huge collection of games, gift cards & subscriptions.
  • First Coffee — Discover the best specialty coffee in India with our range of single origin Arabica beans and exclusive merchandise. Shop online at First Coffee for freshly roasted, quality blends.
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Vertex Ventures Southeast Asia & India
VC Fund · Singapore, Central Region, Singapore · 3 investments in Indonesia Hardware startups

Vertex Ventures Southeast Asia and India invests in high-growth start-ups seeking their first round of institutional venture capital funding in Southeast Asia and India, with a primary focus on Singapore, India, Indonesia, Thailand and other emerging hubs of innovation across the region. It has a long and strong track record of investing in early-stage startups and building champions like Grab, Patsnap, 17Live, Nium, FirstCry, Licious, AsianParent, Validus, Warung Pintar, and others.

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Investment focus

  • Industry: E-Commerce, SaaS, FinTech
  • Stage:Series A, Series B, Seed
  • Geography: India, Singapore, Indonesia

Investor stats

  • Total investments: 124
  • Round size: Seed $2.2M–$5.5M; Series A $3M–$16M; Series B $6.7M–$40M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Onato — Onato is building a technology platform for India’s $100+ billion fruits and vegetables (F&V) industry.
  • BigEndian — BigEndian is a platform for fabless semiconductor development in surveillance vertical.
  • Attentive — Get automated takeoffs, create first-of-its-kind instant quotes, and manage leads with a lightning fast CRM.
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SMDV
VC Fund · Jakarta, Jakarta Raya, Indonesia · 3 investments in Indonesia Hardware 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: 55
  • Round size: Seed $1.5M–$5.3M; Series A $2.6M–$28M; Series B $18M–$45M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Eko — Turning workplaces into places where all employees can thrive.
  • Amity Corporation — Discover Amity, where we create digital solutions that help organizations, teams and individuals achieve more through technology and social innovation.
  • Warung Pintar — Platform digital terpercaya untuk membantu warung tradisional Indonesia tumbuh bersama teknologi.
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Access 48,091 investors

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

Browse database — It's Free!
LINE Ventures
VC Fund · Shinjuku, Yamanashi, Japan · 2 investments in Indonesia Hardware startups

LINE Ventures is a venture capital investment firm that invests in games, internet advertising, and flexible investment fields.

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Investment focus

  • Industry: Software, E-Commerce, FinTech
  • Stage:Series A, Series B
  • Geography: Japan, Indonesia, Thailand

Investor stats

  • Total investments: 41
  • Round size: Series A $3.7M–$567M; Series B $5M–$170M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: May invest from a new fund soon — raised $688M in 2015

Portfolio highlights

  • Mellia — Mellia is a beauty company that provides cosmetics, body care products, and supplements.
  • Stacked — Stacked is a new membership platform where fans get the most out of their support for creators.
  • Warung Pintar — Platform digital terpercaya untuk membantu warung tradisional Indonesia tumbuh bersama teknologi.
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Pavilion Capital
VC Fund · New York, New York, United States · 2 investments in Indonesia Hardware startups

Provides growth equity to market leading companies in the United States and China

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Investment focus

  • Industry: Biotechnology, Health Care, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: United States, Japan, Singapore

Investor stats

  • Total investments: 73
  • Round size: Series A $6M–$90M; Series B $18M–$723M; Series C $35M–$255M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2018

Portfolio highlights

  • Rebellions — AI chip architects are often inattentive to advanced deep learning features and requirements because they believe software stacks between their silicon and algorithms can provide effective abstract layers. We disagree. We do not think such naively designed chips can efficiently utilize expensive custom silicon resources. The more native hardwaresupports are enabled, the higher performance is achieved.Rebellions Inc is building genuine AI accelerators by bi-directionally bridging the gap between underlying silicon architectures and deep learning algorithms. We push algorithm boundaries to better exploit silicon budgets, while re-architecting AI processors to incorporate sophisticated deep learning features through silicon-dedicated DL kernels.Our goal is to deliver a domain-specific AI processor along with its optimized software. This approach, together with our unique decentralized programming model, will enable customers to arm with the most powerful yet energy-efficient AI hardware as well as seamless integration.
  • Lhoopa — Making homeownership achievable for every Filipino family.
  • Fleet Space Technologies — Fleet is an agile, next generation connectivity company. Our mission is to Connect Everything using cutting-edge communications and space technologies to maximise the resource efficiency of human civilisation and enable the next industrial revolution with our free, ubiquitous connectivity platform.
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GK-Plug and Play Indonesia
VC Fund · Setiabudi, Jakarta Raya, Indonesia · 2 investments in Indonesia Hardware startups

GK-Plug and Play Indonesia is an innovation platform that connects startups and corporations. Its goal is to create an ecosystem of change-makers, where all parties involved which include corporations, startups, investors, government entities, regulators, and universities are able to thrive and grow.

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Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Indonesia, Singapore, United States

Investor stats

  • Total investments: 40
  • Round size: Seed $50k–$5M; Series A $4.5M–$12M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Biorce — Biorce is an innovating HealthAI startup committed to transforming drug development through the use of artificial intelligence.
  • JOBO Interim — JOBO Interim is a staffing agency that recruits employees and provides employment through digital access.
  • Tensor Energy — Creating the operating system of our zero-carbon, distributed energy future
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Cento Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Hardware startups

Cento Ventures is a venture capital firm specialised in early-stage startups, and we partner with founders who are building viable tech solutions to meet regional market demands.

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $580k–$1.5M; Series A $1.3M–$4.4M; Series B $4M–$21M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
  • Finfra — From application to decisioning to operations - FINFRA provides the necessary infrastructure and services for technology companies to embed financial services to their environment through a seamless integration.
  • ProCredit — ProCredit is a tech-enabled SME lender that emerging markets SME-lending experience, having held senior credit roles at Citigroup, Standard Chartered, ANZ, and the Asian Development Bank.
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Vertex Ventures
VC Fund · Palo Alto, California, United States · 2 investments in Indonesia Hardware startups

Vertex Ventures US is an early stage VC that backs fearless founders building a smarter digital economy through B2B software.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Series A, Series B, Series C
  • Geography: United States, China, Israel

Investor stats

  • Total investments: 403
  • Round size: Series A $3M–$28M; Series B $6M–$43M; Series C $9.3M–$100M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Hasura — Hasura gives you instant GraphQL & REST APIs on new & existing data sources. Connect Hasura to your data & get APIs in under a minute.
  • Active.ai — Boost customer engagement with WhatsApp Business API via Gupshup Conversation Cloud. Integrate AI chat and voice, automate interactions, and streamline communication globally. Meta's Partner of the Year.
  • GrowthSpace — Employee Development at Scale, Driven by Data
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Gan Kapital
VC Fund · 2 investments in Indonesia Hardware startups

Gan Konsulindo is an inter-connected network of leading investment companies.

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Investment focus

  • Industry: SaaS, Internet, Software
  • Stage:Seed, Pre-Seed
  • Geography: Singapore

Investor stats

  • Total investments: 21
  • Round size: Seed $50k–$2.3M; Pre-Seed $50k–$800k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bahasa.ai — Bahasa.ai is an AI as a service company whose mission is to build the most robust NLP/NLU modules for Bahasa Indonesia.
  • Protos Labs — Unify cyber risk data for actionable insights and reduced exposure with the Nexus integrated cyber risk analytics platform by Protos Labs.
  • Synchronous — Graph data for a distributed, real-time world. The easiest graph data experience for Python developers. Get started today for free.
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Init 6
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Hardware 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:Pre-Seed, Seed, Series A
  • Geography: Indonesia, Singapore, Pakistan

Investor stats

  • Total investments: 29
  • Round size: Seed $1M–$18M; Pre-Seed $1.1M–$2.3M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Gently — Gently adalah brand personal care bayi dan anak yang mengedepankan khasiat dan formula yang lembut
  • imajin — Imajin adalah pasar online manufaktur di Indonesia yang menyediakan layanan dalam proyek 3D, mold, die, product, part serta penyewaan mesin CNC.
  • One% Nutrition — One% Nutrition is a food and beverage brand focused on health and wellness.
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Central Capital Ventura
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Hardware startups

Central Capital Ventura (CCV) is the venture and innovation arm of Indonesia's largest private bank, Bank Central Asia

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Singapore, Australia

Investor stats

  • Total investments: 21
  • Round size: Series A $3M–$44M; Series B $60M–$80M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Railsr — Railsbank. REDEFINING THE POSSIBILITIES - We go beyond financial transactions, to deliver digital experiences your customers love.
  • MiyaHealth — MiyaHealth develops technologies to improve the healthcare experience for patients.
  • Sinbad Indonesia — Solusi belanja grosir online untuk menyuplai stok toko Anda dari distributor utama. Aplikasi Sinbad membuat belanja grosir online dijamin lebih hemat dan mudah.
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Accion Ventures
VC Fund · Washington, District of Columbia, United States · 2 investments in Indonesia Hardware startups

Accion Ventures is an investment strategy that today pursues early-stage investments as part of Accion Impact Management.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A, Series B
  • Geography: India, United States, Mexico

Investor stats

  • Total investments: 123
  • Round size: Seed $500k–$6.4M; Series A $2.6M–$33M; Series B $8M–$30M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Jeitto — Jeitto is an app that joins the loan with the possibility of doing cell recharges and paying bills, aiming to transform people's financial experience with credit and convenience. The company was founded in 2014 and is based in Sao Paulo, Brazil.
  • Lami — Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
  • Cashinvoice — Cashinvoice connects supply chain stakeholders and digitises invoice-to-cash processes to unlock working capital trapped within supply chains and accelerate business growth
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Prasetia Dwidharma
VC Fund · Jakarta Pusat, Jakarta Raya, Indonesia · 2 investments in Indonesia Hardware startups

PT Prasetia Dwidharma was founded in 2008 as a telecommunication infrastructure contractor. The company has started to invest in technology startups since 2013.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Indonesia, Singapore, United States

Investor stats

  • Total investments: 51
  • Round size: Seed $500k–$3.3M; Pre-Seed $100k–$1.5M; Series A $3M–$15M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
  • Dataform — Develop and operationalize scalable data transformations pipelines in BigQuery using SQL.
  • Luna POS — Luna POS provides cloud-based cashier, inventory management, and accounting solutions for SMEs in Indonesia. The company offers a seamless mobile cloud-based Point of Sale (POS) and accounting system, helping the retail industry with managing business activities such as checking the stock of goods, making a bundle menu, calculating sales, and tosee financial statements of the business.
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SOSV
VC Fund · Princeton, New Jersey, United States · 2 investments in Indonesia Hardware startups, 75 in the past 12 months

SOSV is a global, deep tech venture capital firm that operates the HAX and IndieBio startup development programs focused on human and planetary health. SOSV invests $500,000 in startups at their inception as they onboard either HAX or IndieBio for a 4-6 month period designed to accelerate the raise of their next institutional round. SOSV joins thelater rounds of HAX and IndieBio graduates. HAX, based in a 35,000 sq ft facility in Newark, NJ, is equipped with machine tools, 3D printers, chemical, electrical and mechanical engineering labs, as well as on-staff engineering and design experts. SOSV's IndieBio has locations in NYC and San Francisco, both of which offer extensive services and facilities to founders including on-site BSL-2 labs, well equipped lab benches and hoods, and advanced lab equipment, such as chromatography equipment.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 1482
  • Lead/follow: no public data

Portfolio highlights

  • MixRift — MIXRIFT - game developers specialized in Mixed Reality
  • unspun — From 3D scan to perfect fitting custom jeans. unspun makes each pair of jeans unique to your actual body and design. On a mission to reduce global carbon emissions by 1%. As seen in Fast Company's World Changing Ideas, Time's Best Inventions, and PopSci's Best of What's New. Welcome to the future of apparel.
  • Mesa Quantum — Unlock the potential of chip-scale quantum sensing for enhanced Position, Navigation, And Timing capabilities. Explore Mesa Quantum's practical solutions.
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Future Creative Network
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Hardware startups

Empowering local creative founders to shape the creative economy and serve the next billion customers.

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Investment focus

  • Industry: Virtual Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Genexyz — GenexyzA is a Creator of metahumans and aggregator of virtual influencer IPs, disrupting the advertising + web3 ecosystem through new age IP influencers, virtual humans.
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Hustle Fund
VC Fund · San Carlos, California, United States · 2 investments in Indonesia Hardware startups

Hustle Fund is a seed fund that invests in early-stage startups operating in software, business-to-business, fintech, and digital health sectors.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 313
  • Round size: Seed $1M–$6M; Pre-Seed $120k–$2.5M; Series A $3.1M–$30M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • BitBrand — Introducing Digital Watch Faces From Top Luxury Brands
  • Swarm — Swarm is the professional network for expert fractional tech folk in AI, Design, and Software Engineering.
  • ContentRadar — Create & repurpose content with AI for LinkedIn & X in one click. Sign up for free!
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Infia Media Pratama
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Hardware startups

Infia Media Pratama is an advertising and marketing company located in Jakarta.

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Investment focus

  • Industry: Virtual Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Genexyz — GenexyzA is a Creator of metahumans and aggregator of virtual influencer IPs, disrupting the advertising + web3 ecosystem through new age IP influencers, virtual humans.
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Mercy Corps Ventures
VC Fund · Portland, Oregon, United States · 1 investments in Indonesia Hardware startups

Mercy Corps Ventures invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities. Founded in 2015 as the impact investing arm of global development agency, Mercy Corps, supports over 57 early-stage ventures to scale and raise over $515 million in follow-on capital. Their portfolio centersaround resilience-building solutions in adaptive agriculture and food systems, inclusive climate fintech, and climate-smart technologies so that those living in frontier markets can withstand disruption and plan for the future. Through capital and support, piloting new approaches, action-oriented insights, and rigorously managing impact, they catalyze the ecosystem toward smarter, more impactful investments.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Kenya, United States, Colombia

Investor stats

  • Total investments: 66
  • Lead/follow: no public data

Portfolio highlights

  • TAPPI — TAPPI is the leading association for the worldwide pulp, paper, packaging, and converting industries and publisher of Paper360º.
  • Blooms — Blooms provides trade finance and global payments solutions for LatAm produce exporters.
  • Ábaco — We're reinventing financial services with capital, payments & platform solutions so every growing company can reach their full potential.
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MDI Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Hardware startups

MDI is a corporate venture capital initiative by Telkom Indonesia and is set as an independent entity with its own funding processes. MDI uniquely combines a VC model with service in providing companies with access to operational help after making a financial investment.MDI works closely with global accelerators and venture firms to bringproprietary technology from other mature markets into various businesses of Telkom Indonesia.

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Investment focus

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

Investor stats

  • Total investments: 99
  • Round size: Seed $500k–$6.4M; Series A $3.5M–$35M; Series B $5.2M–$75M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Zenius Education — Zenius provides a great learning experience to Indonesian students by emphasizing critical thinking and scientific knowledge as a natural part of their everyday lives. We provide accessible yet elaborate subscription-based self-learning materials for K12 students across Indonesia.
  • Manus Bio — Manus Bio makes nature accessible and affordable for a growing society. Making nature accessible and affordable for a growing society.It is estimated that the world’s population will increase by more than 35% by 2050, reaching 9 billion people. Crop production will need to more than double in order to feed these people and meet the consumer needsof a developing world. With very little land remaining for agricultural expansion, they as a society need to find ways to maximize the use of their world’s resources.Plants produce a variety of rare natural products which are used in their daily lives as flavors, fragrances, food ingredients, cosmetics, vitamins, pharmaceuticals and agricultural chemicals. They strive to reduce their dependence on land- and resource-intensive practices by recreating natural processes through biotechnology.
  • Decklar — Clarity drives every great decision. Our vision is to make global supply chains transparent, automated, and sustainable.
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PT Ekonomi Baru Investasi Teknologi
VC Fund · 1 investments in Indonesia Hardware startups

PT Ekonomi Baru Investasi Teknologi is operates under the bola united.

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Investment focus

  • Industry: Virtual Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Genexyz — GenexyzA is a Creator of metahumans and aggregator of virtual influencer IPs, disrupting the advertising + web3 ecosystem through new age IP influencers, virtual humans.
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Real Tech Japan
VC Fund · Sumida, Tokyo, Japan · 1 investments in Indonesia Hardware startups

Real Tech Japan is a venture capital firm that seeks to invest in innovative R&D technology companies. Realtech Fund is a joint venture between the Ministry of Economy, Trade, and Industry and NEDO (New Energy and Industrial Technology Development Organization). The firm was founded in 2014 and based in Tokyo, Japan.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Medical
  • Stage:Series A, Seed
  • Geography: Japan, Singapore, Austria

Investor stats

  • Total investments: 79
  • Round size: Seed $5M–$43M; Series A $6M–$241M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Ashirase — Ashirase is a developer of a walking navigation system for the visually challenged. The company assists visually impaired people in walking independently. This also allows the user to have more attention to spare for audible warnings in their environment. It includes voice input and guidance via a smartphone app. A vibration interface is attachedto their shoes.
  • Ken Robotec — Ken Robotec is a construction company that provides labor-saving solutions.
  • MaterialGate — MaterialGate focuses on single-molecule dielectrics, developing technologies for devices with better electronic characteristics.
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1982 Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

Early stage venture capital investor focused on fintech in Southeast Asia

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Investment focus

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

Investor stats

  • Total investments: 60
  • Round size: Seed $1.8M–$5.6M; Pre-Seed $1.2M–$3.2M; Series A $4.1M–$8.5M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $20M in 2021

Portfolio highlights

  • Yarken — Yarken is the connector that conncet the dots between IT and finance.
  • Monit — Monit menggabungkan manajemen kas, pembayaran bisnis, kontrol pengeluaran, dan kartu kredit korporat dalam satu pengalaman terintegrasi
  • CrediLinq.Ai — CrediLinq.Ai is revolutionizing SME lending using AI and machine learning. They Linq artificial intelligence & machine learning with credit underwriting.
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Khoo Investment
VC Fund · 1 investments in Indonesia Hardware startups

Khoo Investment is an investment firm.

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Investment focus

  • Industry: B2B, Big Data, Logistics
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • MyRobin.id — MyRobin menjembatani Anda dengan tenaga kerja fleksibel, berpengalaman dan terpercaya. Manajemen tenaga kerja dalam 1 genggaman, mudah & aman!
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Amand Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

Amand Ventures is an investment holding company focusing on early stage startup investments.

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Investment focus

  • Industry: Retail, Software, Financial Services
  • Stage:Seed, Series A
  • Geography: Indonesia, Singapore

Investor stats

  • Total investments: 4
  • Round size: Seed $1.7M–$2.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Pi-xcels — Eco-friendly NFC digital receipts solution for actionable shopper data and enhanced customer journeys. No App, Just Tap. With one-tap convenience, Pi-xcels unlocks omni-channel marketing opportunities and boosts performance for retailers with our customer intelligence platform.
  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
  • Pintek — Pintek is a financial technology company aiming to democratise access to education in Indonesia through affordable and flexible credit.
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Vulpes Investment Management Pte Ltd
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

At Vulpes, we think differently. We create long-term sustainable capital appreciation by welcoming co-investment and aligning incentives. We choose to be patient and invest in ways that are profitable, yet with benefits that are not solely financial.

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Investment focus

  • Industry: Internet, Health Care, B2B
  • Stage:Seed, Series A, Convertible Note
  • Geography: Vietnam, Australia, Singapore

Investor stats

  • Total investments: 26
  • Round size: Seed $1M–$8M; Series A $2M–$15M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Peddlr — Peddlr is a free POS mobile app for small businesses. Effortlessly track and manage your sales, expenses, inventory, and transactions. Use it anytime, anywhere, and even offline!
  • MyRobin.id — MyRobin menjembatani Anda dengan tenaga kerja fleksibel, berpengalaman dan terpercaya. Manajemen tenaga kerja dalam 1 genggaman, mudah & aman!
  • Oxford Endovascular — Oxford Endovascular are developing a novel treatment for treating brain aneurysms. The Oxford technology uses a special laser-cut metal alloy which has a shape-memory. It can be posted into a catheter during surgery, inserted into the brain and opened up into a tiny tube mesh (‘flow diverter’) that fits into the natural shape of the blood vessel.This diverts the blood away from the aneurysm, allowing it to heal.
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BANSEA
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

BANSEA was establised in 2001 by a group of Singapore-based angel investors. BANSEA has network connections to angel groups in China, India, Malaysia and Thailand, as well as close links to groups in Europe and the US. Our members have investment experience spanning multiple sectors and a track record in building successful companies.BANSEAorganises 10 to 12 events in a year for our members to meet and listen to short pitches by start-ups shortlisted by our Screening Committe. Members may or may not invest as a group. While there could be collaboration on due dilligence, members exercise autonomy in making investment decsions. Start-ups that have successfully raised seed capital through our members also benefit from their value-added mentoring. Members benefit from an informed and collaborative approach to angel investing.

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Investment focus

  • Industry: B2B, Software, Logistics
  • Stage:Seed
  • Geography: Indonesia, Singapore, Togo

Investor stats

  • Total investments: 10
  • Round size: Seed $359k–$2.6M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Blitz Electric Mobility — Blitz provides electric vehicles and fleet management software to food and beverage delivery, courier, and logistics companies.
  • MyRobin.id — MyRobin menjembatani Anda dengan tenaga kerja fleksibel, berpengalaman dan terpercaya. Manajemen tenaga kerja dalam 1 genggaman, mudah & aman!
  • KalPay — KalPay is the largest Shariah Compliant Buy Now Pay Later in Pakistan, giving our customers easy access to credit and allowing them to purchase products in 3 monthly installments. We have a portfolio of hundreds of brands spread across multiple segments!
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EV Growth
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

EV Growth is a growth fund that specializes in providing growth capital to startups and businesses. EV Growth is a joint venture between East Ventures, SMDV, and YJ Capital that is focused on providing growth capital to startups in Indonesia and the rest of Southeast Asia with an agnostic industry focus. EV Growth has one of the largest networks ofcompanies and partners in the region and has invested in more than 16 portfolio companies since its first close in April 2018.EV Growth aims to bridge the gap in VC growth funding with the ultimate goal of creating a well-diversified portfolio of Southeast Asia early growth tech stage leaders. Leveraging Sinar Mas' deep business knowledge and combined with East Ventures' reputation as one of the leading VCs with the largest seed and Series A portfolios in the region as well as YJ Capital's long experience in the Internet industry, EV Growth has unrivaled access and insight into upcoming trends and opportunities in the industry

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Investment focus

  • Industry: FinTech, Financial Services, Internet
  • Stage:Series B, Series C, Series A
  • Geography: Indonesia, Singapore, Thailand

Investor stats

  • Total investments: 35
  • Round size: Series A $11M–$28M; Series B $12M–$45M; Series C $12M–$360M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Xendit — Xendit is the best and most secure online payment gateway in the SEA, helping your business accept and send local & international payments.
  • Fuse — Fuse is an insurance application that will allow you to do all insurance activities. One mobile application and a variety of interesting features, such as registering as a partner, comparing policies, and selecting the best policy to protect the future. Smart insurance innovation that is paperless.
  • Warung Pintar — Platform digital terpercaya untuk membantu warung tradisional Indonesia tumbuh bersama teknologi.
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Investa Syailendra Nuswatara
VC Fund · 1 investments in Indonesia Hardware startups

Investa Syailendra Nuswatara is an investment firm.

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Investment focus

  • Industry: Virtual Reality, Augmented Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Shinta VR — SHINTA VR | The World Class Metaverse & Virtual Reality Company
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Tigalapan Investama Group
VC Fund · 1 investments in Indonesia Hardware startups

https://tigalapan-investama.com/wp-content/uploads/2026/02/0223.mp4https://tigalapan-investama.com/wp-content/uploads/2026/02/0223.mp4 Mewujudkan Kedaulatan Energi hingga Pelosok Negeri EMPOWERING GROWTH Tigalapan Investama Group berkomitmen menjadi grup investasi terdepan yang mengintegrasikan keunggulan operasional dengan tata kelola profesional. Melalui portofolio bisnis yang terdiversifikasi, kami fokus menghadirkan solusi strategis yang tidak hanya memberikan keuntungan finansial, tetapi juga menciptakan ekosistem bisnis yang tangguh dan berkelanjutan bagi Indonesia. Selengkapnya Click Here [...]

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Investment focus

  • Industry: Virtual Reality, Augmented Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Shinta VR — SHINTA VR | The World Class Metaverse & Virtual Reality Company
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Sinar Mas Digital Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Hardware startups

Sinar Mas Digital Ventures is a corporate venture capital firm that invests in technology companies.

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Investment focus

  • Industry: Lifestyle, Logistics, Supply Chain Management
  • Stage:Series A
  • Geography: Indonesia

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Jala Tech — JALA helps shrimp farmers increase cultivation production and efficiency in the shrimp industry.
  • Paxel.co — Kirim Sameday Delivery antarkota dengan ongkir FLAT s/d 5 kg hingga kirim paket berat s/d 20kg pakai PaxelBig. Ada Jaminan Makanan Aman bahkan untuk Frozen Food
  • Gift Card Indonesia — Gift Card Indonesia provides gift cards, membership cards, and coupons from various brands in Indonesia.
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Tiger Global Management
VC Fund · New York, New York, United States · 1 investments in Indonesia Hardware startups

Founded in 2001, Tiger Global Management, LLC (“Tiger Global”) is a New York-based investment firm pursuing a long-term approach to investing in leading, global public and private companies that leverage technological innovation. Tiger Global’s public equity business includes fundamentally oriented long/short, long-focused and crossoverstrategies, targeting investments in high-quality, public growth companies. The private equity business invests in early through late stage companies that pursue innovative approaches to new and existing industries, building on over 20 years of experience investing in hundreds of businesses in more than 30 countries with more than 90 portfolio company IPOs. With a strong track record investing across sectors and stages, Tiger Global aims to be a thought partner to companies and their management teams across their lifecycle in public and private markets. The Firm’s mission is to generate world-class returns for its investors and to do so in a way that makes its employees, partners and portfolio companies proud.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Series B, Series A, Series C
  • Geography: United States, India, China

Investor stats

  • Total investments: 861
  • Round size: Series A $8M–$50M; Series B $17M–$130M; Series C $25M–$298M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $2.2B in 2024

Portfolio highlights

  • Chaayos — Your one stop shop for all your Chai Cravings. Easy way to buy out Masala Tea, Instant Tea, Green Teas and Tea Gifts.
  • Progcap — Progcap is revolutionising the way financial access is delivered to underserved segments of the Indian retail economy, through specialized financing and technology products that empower small and medium businesses (SMBs) to progress without obstacles.
  • G.O.A.T Brand Labs — Purpose G.O.A.T is mono-maniacally focussed on the audacious goal of Making Indian D2C brands world...
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DS/X Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

DS/X Ventures is an investment firm that uses data, expertise, and a huge array to find and aid startups who want to go global. Founded in 2022 and is based in Singapore.

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Investment focus

  • Industry: Information Technology, B2B, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Indonesia, Singapore

Investor stats

  • Total investments: 5
  • Round size: Seed $1M–$4.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
  • Cazh Cards — Cazh Cards: sistem keuangan pondok pesantren, kartu santri digital, manajemen uang saku, cashless kantin, PPDB online, SPP digital & aplikasi setoran hafalan Al Quran.
  • Finfra — From application to decisioning to operations - FINFRA provides the necessary infrastructure and services for technology companies to embed financial services to their environment through a seamless integration.
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Mitsubishi Corporation
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Indonesia Hardware startups, 6 in the past 12 months

Mitsubishi Corporation (MC) is a global integrated business enterprise that develops and operates businesses across virtually every industry including industrial finance, energy, metals, machinery, chemicals, living essentials, and environmental business. MC's current activities are expanding far beyond its traditional trading operations asits diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods.

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Investment focus

  • Industry: Software, Internet, Transportation
  • Stage:Corporate Round, Series A
  • Geography: United States, Japan, United Kingdom

Investor stats

  • Total investments: 104
  • Round size: Series A $5.2M–$567M; Corporate Round $3M–$19B
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Divert — Divert is a circular economy company on a mission to prevent food from being wasted. We make social and environmental impact by creating sustainable infrastructure and innovative technologies that help prevent food from being wasted.
  • Rancon Auto Industries — Rancon Auto Industries is a Bangladeshi vehicle assembly and body manufacturing company.
  • Commonwealth Fusion Systems — The fastest path to clean, limitless fusion energy.
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Agaeti Venture Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Hardware startups

Agaeti Venture Capital is an early stage venture capital firm

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Investment focus

  • Industry: Software, Food Delivery, Food and Beverage
  • Stage:Series A, Seed
  • Geography: Indonesia, Singapore

Investor stats

  • Total investments: 12
  • Round size: Series A $7.8M–$28M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Onic Esports — Onic Esports is an e-sports organization that specializes in offline and online games such as mobile, pc, and more. They manage competitive esports division teams in Mobile Legends: Bang Bang, PUBG Mobile, Valorant, and Free Fire. Onic Esports was founded by Rob Clinton Kardinal in 2018 in Jakarta, Indonesia.
  • Soul Parking — Soul Parking is a parking management service company, which has successfully developed motorcycle storage equipment as a solution for traffic and parking problems that are cluttered using 100% designs and raw materials. Soul Parking provides solutions by developing a modern, safe and comfortable vehicle parking system that takes into accountlimited land area.
  • Warung Pintar — Platform digital terpercaya untuk membantu warung tradisional Indonesia tumbuh bersama teknologi.
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BADideas.fund
VC Fund · 1 investments in Indonesia Hardware startups

BADideas.fund backs bold founders from the Baltics and CEE with fast, founder-friendly funding. Led by a community of unicorn builders, we support early-stage B2B and marketplace startups with global ambition.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Grant
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 23
  • Round size: Seed $1M–$6.5M; Pre-Seed $340k–$1.2M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Hopted — Connect Amazon Seller Central, Vendor Central, and Ads to Google Sheets. Automate live reports, replace CSVs, and safely bulk-update listings from Sheets.
  • Traxlo — We are at the technology and retail industries intersection. Our longtime experience in the industry taught us that only the right innovation has the potential to make a positive impact. Thus we aim to make our solutions as seamless as possible to be able to add only benefits to every worker who uses our apps and to every retail store manager whohas lots on her plate, day in, day out.
  • Salesforge — Salesforge is an all-in-one sales execution super app that gives every sales team the highest probability to hit their target by tackling email deliverability and the need to personalize cold email outreach at scale.We do that by enabling real-time AI & machine learning to decision critical sales activities, enhance messaging and eliminatethe need for various sales point solutions, therefore driving superior conversion rates.
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500 Southeast Asia
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

Started in 2010 with its flagship early-stage startup accelerator, 500 Global is the most active global venture capital firm known for its various funds and founder programs across the globe. The firm has grown to a family of over 23 funds and has invested in over 2400 companies internationally.

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Investment focus

  • Industry: Artificial Intelligence, FinTech, Software
  • Stage:Seed, Series A, Series D
  • Geography: Singapore, Indonesia, Malaysia

Investor stats

  • Total investments: 27
  • Round size: Seed $500k–$4M; Series A $7M–$15M; Series D $92M–$170M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $18M in 2021

Portfolio highlights

  • Chickin — Perusahaan agritech yang menyediakan solusi terintegrasi untuk membantu peternak mencapai hasil panen yang optimal dan meningkatkan keuntungan
  • Edukita — Kelas interaktif edukita untuk belajar bahasa inggris dengan guru native dan matematika dengan kurikulum jepang. Edukita - Belajar Bahasa Inggris dengan Menyenangkan.
  • Persona Studios — AI assistants that automate repetitive business conversations and connect to your existing CRM, ATS and other systems.
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MassiveMusic
VC Fund · New York, New York, United States · 1 investments in Indonesia Hardware startups

MassiveMusic is an international creative music agency offering sonic branding, music composition and music production for advertising, with offices in Amsterdam, London, Berlin, Warsaw, New York, Los Angeles, Tokyo, Singapore and Sydney.

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Investment focus

  • Industry: Virtual Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Genexyz — GenexyzA is a Creator of metahumans and aggregator of virtual influencer IPs, disrupting the advertising + web3 ecosystem through new age IP influencers, virtual humans.
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Astor Investment Management
VC Fund · Chicago, Illinois, United States · 1 investments in Indonesia Hardware startups

Astor is a registered investment advisor headquartered in Chicago with offices in New York. Entrusted with more than $2B in assets, their data-driven strategies cater to varying risk tolerances and portfolio objectives. They help hundreds of world-class investors make informed asset-allocation decisions. They are fundamentally driven to keep theirfinger on the pulse of the economy. Their investment philosophy is based upon the belief that diligent analysis of economic data can provide valuable signals for longer-term financial market allocations.

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Investment focus

  • Industry: B2B, SaaS, Fashion
  • Stage:Seed
  • Geography: India, Indonesia, United States

Investor stats

  • Total investments: 4
  • Round size: Seed $1.2M–$3.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GOZEN — Gozen is to redefine how we engage with the world around us by promoting natural connection and a balance between creative expression and the sacredness of our earth.
  • MyRobin.id — MyRobin menjembatani Anda dengan tenaga kerja fleksibel, berpengalaman dan terpercaya. Manajemen tenaga kerja dalam 1 genggaman, mudah & aman!
  • Supplynote — End-to-end supply chain management tool to track inventory, orders, payments and suppliers online
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Brightness Capital
VC Fund · 1 investments in Indonesia Hardware startups

Brightness Capital is an investment firm.

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Investment focus

  • Industry: B2B, Big Data, Logistics
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • MyRobin.id — MyRobin menjembatani Anda dengan tenaga kerja fleksibel, berpengalaman dan terpercaya. Manajemen tenaga kerja dalam 1 genggaman, mudah & aman!
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Investible
VC Fund · Sydney, New South Wales, Australia · 1 investments in Indonesia Hardware startups

Investible is an early-stage venture capital firm backing the visionaries advancing humanity through technology in Australia, New Zealand, Southeast Asia and globally.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Australia, United States, Singapore

Investor stats

  • Total investments: 163
  • Round size: Seed $221k–$5.3M; Pre-Seed $404k–$2M; Series A $1.4M–$20M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Stables — Save, spend and earn on the same balance
  • Mosaic Solutions — Find the top POS supplier in the Philippines for your business needs. Get reliable, efficient, and affordable point-of-sale solutions today!
  • Quantum Brilliance — Quantum Brilliance builds diamond-based quantum chips and products that operate at room temperature, enabling mass-deployable quantum technology from data centers to the field.
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Bamboo Sea Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

Bamboo Sea Ventures is the venture arm of a Singapore-headquartered consulting and corporate services firm with a mission to support tech startups in South East Asia.

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Investment focus

  • Industry: Big Data, Internet, Software
  • Stage:Seed, Pre-Seed, Corporate Round
  • Geography: Singapore, Indonesia, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Doyobi — Free 6-Week Cohorts. Live Sessions In The Metaverse For Kids 8-12. Where Kids Learn Critical Thinking Through Constant Decision-Making
  • MyRobin.id — MyRobin menjembatani Anda dengan tenaga kerja fleksibel, berpengalaman dan terpercaya. Manajemen tenaga kerja dalam 1 genggaman, mudah & aman!
  • Origin Protocol — Origin Protocol is bringing NFTs and DeFi to the masses
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Conservation International Ventures
VC Fund · Arlington, Virginia, United States · 1 investments in Indonesia Hardware startups

Conservation International Ventures LLC ("CI Ventures") is an impact-first investment vehicle

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Investment focus

  • Industry: Aquaculture, Internet of Things, AgTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, Indonesia, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Seed $1.4M–$2.8M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • BIRD NEST — BIRD NEST is a Co-Living Startup that provides a holistic living experience that drives personal & professional development.
  • Wittaya Aqua — Most aquaculture farms around the world use outdated paper- or spreadsheet-based production management systems to run their farm. This means that the data generated by farms is not being effectively used for benchmarking, forecasting and optimization. Although it is the standard in the agriculture, dairy and swine industries, data-driven decisionmaking has not yet become commonplace in aquaculture. Aquaculture is the fastest growing food sector in the world; as the industry continues to grow, farmers need tools to help them track, measure and optimize their operations.
  • Bureo Skateboards — Bureo Skateboards Online Store // Recycled Fishing Net Skateboard Decks
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Fintech Nation
VC Fund · 1 investments in Indonesia Hardware startups

Fintech Nation has evolved from a grassroots platform to a specialized development institution comprising an investment platform, think tank, and ecosystem builder that supports startups, angel investors, financial institutions, practitioners, and policymakers. Fintech nation's three key objectives are democratising access, digitising the economy, and delivering outcomes through its three pillars: investment platform, think tank, and ecosystem builder.

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Investment focus

  • Industry: FinTech, Software, Wellness
  • Stage:Seed
  • Geography: Indonesia, Singapore

Investor stats

  • Total investments: 2
  • Round size: Seed $1M–$1.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CHOYS — CHOYS is a holistic wellness subscription platform for organizations and employees that strives to offer every employee with access to benefits and impact that are tailored to their individual requirements, with the goal of making work more humanized and meaningful. CHOYS is headquartered in Singapore, Central Region and was founded in 2022.
  • Finfra — From application to decisioning to operations - FINFRA provides the necessary infrastructure and services for technology companies to embed financial services to their environment through a seamless integration.
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Hardware VC funding in Indonesia at a glance

Stats across 9 deals from 12 investors.

12
investors
in Indonesia Hardware startups
9
deals
in Indonesia Hardware startups
$6M
median round
in Indonesia Hardware startups
42%
lead investors
lead at least one round
33%
Series A
most common funding stage

Access all 12 VC funds in Indonesia Hardware startups.

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