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Top 50 Impact Startup Investors in Indonesia (October 2026)

The most active venture capital funds and angel investors investing in Indonesia Impact startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Indonesia Impact startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
East Ventures
VC Fund
7 Japan, Indonesia, Singapore Seed, Series A, Venture - Series Unknown Software, Information Technology, E-Commerce $250k–$30M
SOSV
VC Fund
6 United States, China, Canada Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software $50k–$5M
Alpha JWC Ventures
VC Fund
5 Indonesia, Singapore, Vietnam Seed, Series A, Series B Information Technology, E-Commerce, FinTech $640k–$153M
Bali Investment Club
VC Fund
5 Indonesia Seed, Angel, Pre-Seed Recycling, Waste Management, Environmental Engineering $1.3M–$1.3M
GK-Plug and Play Indonesia
VC Fund
4 Indonesia, Singapore, United States Seed, Pre-Seed, Series A Software, Financial Services, Artificial Intelligence $50k–$12M
AC Ventures
VC Fund
4 Indonesia, Singapore, India Seed, Series A, Series B E-Commerce, Financial Services, Information Technology $963k–$87M
New Energy Nexus
VC Fund
4 Indonesia, United States, China Seed, Grant, Venture - Series Unknown Energy, Battery, Renewable Energy $100k–$150k
Skystar Capital
VC Fund
3 Indonesia, Singapore, Vietnam Seed, Series A, Series B E-Commerce, Financial Services, FinTech $850k–$60M
Antler
VC Fund
3 United States, Singapore, Australia Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Spiral Ventures
VC Fund
3 Japan, Indonesia, India Seed, Series A, Series B E-Commerce, Information Technology, Internet $500k–$15M
Ondine Capital
VC Fund
3 China, Indonesia, Singapore Seed, Series A, Series B Automotive, E-Commerce, Logistics $303k–$175M
Gan Kapital
VC Fund
3 Indonesia, Singapore, United States Seed, Pre-Seed, Series A Financial Services, FinTech, Software $50k–$20M
Schneider Electric
VC Fund
3 United States, France, Australia Series A, Series C, Seed Software, Energy, Internet of Things $1.4M–$1.4B
BEENEXT
VC Fund
2 India, Japan, Indonesia Seed, Series A, Series B Software, E-Commerce, FinTech $456k–$50M
Kejora-SBI Orbit
VC Fund
2 Indonesia, Singapore Seed, Series A E-Commerce, Information Technology, SaaS $500k–$8.2M
Openspace Capital
VC Fund
2 Singapore, Indonesia, Philippines Series A, Series B, Seed E-Commerce, Financial Services, Software $1.7M–$35M
Ecoxyztem
VC Fund
2 Indonesia Pre-Seed, Series A CleanTech, AgTech, Retail
Living Lab Ventures
VC Fund
2 Indonesia, Australia, Japan Seed, Venture - Series Unknown, Series A Real Estate, Rental, Software $400k–$250M
Orbit Ventures
VC Fund
2 China, United States, India Seed, Pre-Seed, Convertible Note E-Commerce, Software, Artificial Intelligence $30k–$20M
Agaeti Venture Capital
VC Fund
2 Indonesia, Singapore, Bangladesh Seed, Series A, Series B Peer to Peer, Transportation, Financial Services $1.2M–$28M
Shunwei Capital
VC Fund
2 China, United States, India Series A, Series B, Seed Manufacturing, Software, Artificial Intelligence $1M–$74M
Alto Partners Multi-Family Office
VC Fund
2 Indonesia, Singapore, India Seed, Series A, Series B FinTech, Financial Services, SaaS $1.1M–$50M
Genesia Ventures
VC Fund
2 Japan, Vietnam, Indonesia Seed, Series A, Venture - Series Unknown Information Technology, Software, Artificial Intelligence $404k–$11M
Intudo Ventures
VC Fund
2 Indonesia, Singapore, Hong Kong Seed, Series A, Series B FinTech, Financial Services, Marketplace $500k–$66M
Wavemaker Impact
VC Fund
2 Singapore, Indonesia, India Pre-Seed, Seed, Series A Agriculture, AgTech, Energy $500k–$14M
Golden Gate Ventures
VC Fund
2 Singapore, Indonesia, United States Seed, Series A, Series B FinTech, Software, Financial Services $473k–$60M
GCAL Limited
VC Fund
2 Indonesia Pre-Seed GreenTech, Waste Management, Information Technology $73k–$221k
Convergence Ventures
VC Fund
2 Indonesia, Singapore, Taiwan Series A, Seed, Series B Internet, Financial Services, FinTech $1.1M–$60M
PT Saratoga Investama Sedaya
VC Fund
2 Indonesia, Hong Kong, Singapore Venture - Series Unknown, Series B, Series A Financial Services, Finance, Logistics $7M–$60M
Saratoga Investment
VC Fund
2 United States, Indonesia Venture - Series Unknown, Debt Financing, Seed Commercial, Financial Services, Dental $10M–$20M
UMG IdeaLab
VC Fund
2 Indonesia, Myanmar Seed, Venture - Series Unknown Information Technology, Artificial Intelligence, Software
Init 6
VC Fund
1 Indonesia, Singapore, Pakistan Seed, Pre-Seed, Series A Financial Services, Information Technology, FinTech $1M–$18M
Patamar Capital
VC Fund
1 Vietnam, Indonesia, Singapore Series A, Seed, Series B FinTech, Financial Services, E-Commerce $779k–$20M
Qiming Venture Partners
VC Fund
1 China, United States, Hong Kong Series B, Series A, Series C Health Care, Biotechnology, Medical $5M–$134M
SMDV
VC Fund
1 Indonesia, Thailand, Singapore Series A, Seed, Series B E-Commerce, Information Technology, Software $1.5M–$45M
Orbit Startups
VC Fund
1 India, Singapore, Pakistan Seed, Pre-Seed, Convertible Note E-Commerce, Information Technology, Software
iSeed
VC Fund
1 India, United States, Indonesia Seed, Series A, Pre-Seed Software, Health Care, Financial Services $320k–$15M
Lightspeed Venture Partners
VC Fund
1 United States, India, Israel Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $2M–$125M
Mitsui & Co
VC Fund
1 United States, Japan, India Corporate Round, Series A, Series B Software, Health Care, Biotechnology $4M–$360M
Aavishkaar Venture Capital
VC Fund
1 India, Bangladesh, Indonesia Series A, Series B Financial Services, Manufacturing, Finance $2M–$31M
Blume Ventures
VC Fund
1 India, United States, Singapore Seed, Series A, Series B Software, Information Technology, Internet $500k–$35M
Kakao Investment
VC Fund
1 South Korea, United States, Japan Seed, Series A, Series C Information Technology, Artificial Intelligence, Software $811k–$123M
Creative Gorilla Capital
VC Fund
1 Indonesia, Malaysia Seed, Pre-Seed Pet, Baby, Retail $1.7M–$1.7M
Omidyar Network
VC Fund
1 United States, India, Kenya Series A, Seed, Series B Financial Services, Software, FinTech $700k–$34M
Surya Semesta Internusa
VC Fund
1 Indonesia Seed, Pre-Seed, Series A Solar, Hospitality, Marketplace
Jungle Ventures
VC Fund
1 India, Singapore, Indonesia Series A, Seed, Series B E-Commerce, Software, Financial Services $628k–$45M
Clime Capital
VC Fund
1 Vietnam, Indonesia, Singapore Seed, Series A, Venture - Series Unknown Renewable Energy, Solar, Environmental Consulting $2M–$55M
GGV Capital
VC Fund
1 United States, China, Singapore Series B, Series A, Series C Software, Information Technology, Artificial Intelligence $5.1M–$150M
Accion Ventures
VC Fund
1 India, United States, Mexico Seed, Series A, Series B Financial Services, FinTech, Finance $500k–$30M
Lemonilo
VC Fund
1 Indonesia Seed Organic Food, Sustainability, Food and Beverage
Access all 141 investors in Indonesia Impact 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 · 7 investments in Indonesia Impact 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, E-Commerce
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, Indonesia, Singapore

Investor stats

  • Total investments: 693
  • Round size: Seed $250k–$5M; Series A $1.9M–$30M; Venture - Series Unknown $366k–$30M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • Sisuta — Sisuta is a purpose-driven organization committed to addressing fundamental social issues by seamlessly integrating human insight with advanced technology, creating innovative solutions that empower individuals, strengthen communities, and unlock the full potential of both people and digital tools to drive sustainable social impact.
  • BASE — BASE provides web-based services that develop and build e-commerce platforms. The company provides its services across Japan, such as net shop creation, development of shopping applications, development of online payment, and other services.
  • EveryWill — Every WiLL will hasten the creation of a new logistical infrastructure that addresses social problems, beginning with the "way we receive" our products.
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SOSV
VC Fund · Princeton, New Jersey, United States · 6 investments in Indonesia Impact startups

SOSV offers pre-seed capital and follow-on financial support to startups focusing on deep technology and scientific innovation. Founders utilize purpose-built laboratory facilities and engineering spaces to accelerate product development and testing. The firm facilitates connections between entrepreneurs and a network of investors through structured matchmaking events and technology summits.

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Investment focus

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

Investor stats

  • Total investments: 3729
  • Round size: Seed $150k–$5M; Pre-Seed $50k–$1.6M; Convertible Note $50k–$3.6M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $306M in 2023

Portfolio highlights

  • Halla — Halla Intelligence is a digital solution that leverages over 100 billion shopper and product data points to recommend and promote what grocery items.
  • Simply Good Jars — Simply Good Jars is a B-Corp company that delivers healthy meals in reusable + returnable packaging through use of smart refrigerated kiosks placed in offices, transit centers, universities and health-systems. Driven by purpose to change that way people think about consumption, SGJ introduces sustainable business practices into their everydayoperations with a zero-waste goal. For every jar returned back to the company for reuse, they will help feed someone in need and ensure that no packaging materials end up in landfills.
  • Verdex Technologies — Verdex Technologies is an advanced materials platform technology that uses nanofibers to disrupt industries. Verdex doesn't just compete, it innovates and disrupts.
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Alpha JWC Ventures
VC Fund · Jakarta Pusat, Jakarta Raya, Indonesia · 5 investments in Indonesia Impact startups

Alpha JWC Ventures is an Indonesia-focused value-adding venture capital firm with expertise in FinTech and the Consumer tech sector. Alpha JWC Ventures is an independent and institutional firm that believes in investing in a disciplined manner combined with an active portfolio management approach. The firm was founded in 2015 and is based inJakarta Pusat, Jakarta Raya, Indonesia.

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Investment focus

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

Investor stats

  • Total investments: 139
  • Round size: Seed $640k–$8M; Series A $5.3M–$40M; Series B $15M–$153M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — raised $433M in 2021

Portfolio highlights

  • Bumame — Bumame menghadirkan layanan kesehatan terpadu, medical check up, vaksinasi, konsultasi dokter, dan informasi kesehatan.
  • Hangry — Hangry is a multi-brand restaurant company focusing on serving great foods through food delivery channels. We own several food brands ranging from fried-chicken to coffee. We focus in designing foods that are very tasty, consistent, and affordable to the mass market. All our recipes have gone through tons of testing to make sure each bite is reallydelicious.
  • HistoSonics — HistoSonics provides the Edison Platform, which uses advanced imaging and proprietary sensing technology to deliver non-invasive, personalized treatments with precision and control, and uses the science of histotripsy and focused sound energy to generate pressures to liquify and completely destroy targeted tissues at sub-cellular levels.
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Bali Investment Club
VC Fund · Bali, Jawa Barat, Indonesia · 5 investments in Indonesia Impact 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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GK-Plug and Play Indonesia
VC Fund · Setiabudi, Jakarta Raya, Indonesia · 4 investments in Indonesia Impact 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: 49
  • Round size: Seed $50k–$5M; Series A $4.5M–$12M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Biorce — Meet the world's first AI clinical trials assistant! We bring innovative technologies to revolutionize healthcare and drug development faster & more efficiently
  • 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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AC Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 4 investments in Indonesia Impact 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, agriculture technologies, 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, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, India

Investor stats

  • Total investments: 161
  • Round size: Seed $963k–$7M; Series A $3M–$35M; Series B $12M–$87M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely actively investing — fresh fund, raised $8M in 2025

Portfolio highlights

  • JULO — JULO provides affordable unsecured personal loan (KTA) exclusively to smartphone users.They strive to provide low cost loan product to the masses while ensuring that it's economically viable to their lender partners. This is achieved by exercising prudent underwriting assessments to ensure that approved applicants are both able and willing topay back.They also reward positive behavior by giving cashback bonus and allowing good customers to borrow a higher amount at lower interest rate at loan maturity.
  • Blostem — Launch banking products in days. Single API for FD, RD, Loans & Bonds across 10+ banks. Backed by Zerodha's Rainmatter.
  • 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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New Energy Nexus
VC Fund · Oakland, California, United States · 4 investments in Indonesia Impact startups

New Energy Nexus is an international non-profit that supports clean energy entrepreneurs with funds, accelerators, and networks.

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Investment focus

  • Industry: Energy, Battery, Renewable Energy
  • Stage:Seed, Grant, Venture - Series Unknown
  • Geography: Indonesia, United States, China

Investor stats

  • Total investments: 11
  • Round size: Grant $100k–$150k
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Swap — Swap is city-based infrastructure of battery swapping stations for e-motorcycle riders. No more cords, no more hassle, battery is being swapped with a fully-charged battery within 9 seconds.
  • Ningbo Shanshan — Ningbo Shanshan engaged in the research and development, manufacture and distribution of lithium battery materials.
  • Synergy — Synergy designs, finances, and implements energy-saving solutions, transforming wasted energy into profit.
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Skystar Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 3 investments in Indonesia Impact startups

We are Skystar Capital, an early-stage VC firm committed to supporting tech entrepreneurs to create a lasting and profound positive difference in Southeast Asia and Indonesia.

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Investment focus

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

Investor stats

  • Total investments: 62
  • Round size: Seed $850k–$5M; Series A $3M–$11M; Series B $6M–$60M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • JULO — JULO provides affordable unsecured personal loan (KTA) exclusively to smartphone users.They strive to provide low cost loan product to the masses while ensuring that it's economically viable to their lender partners. This is achieved by exercising prudent underwriting assessments to ensure that approved applicants are both able and willing topay back.They also reward positive behavior by giving cashback bonus and allowing good customers to borrow a higher amount at lower interest rate at loan maturity.
  • Ledgerowl — From bookkeeping to tax, Ledgerowl is the all-in-one AI powered financial solution that your business can trust.
  • Rekosistem — Rekosistem is a Clean- & Climate-Tech Company that enables circular economy implementation in the waste supply chain by leveraging proprietary waste management operation systems to transform waste into recycled materials and renewable resources.
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Antler
VC Fund · Singapore, Central Region, Singapore · 3 investments in Indonesia Impact 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: United States, Singapore, Australia

Investor stats

  • Total investments: 2387
  • Round size: Seed $158k–$4.6M; Pre-Seed $100k–$600k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • iiba — Iiba is a geospatial platform that specializes in providing location information related to child-rearing.
  • Obud — Obud is a wellness reservation systems that is designed for holistic health and lifestyle management purposes. The company's systems offer a comprehensive suite of tools for booking wellness activities, managing schedules, and accessing curated wellness programs, enabling wellness centers to streamline their operations, enhance userengagement, and promote a balanced and healthy lifestyle.
  • Plouton AI —
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Spiral Ventures
VC Fund · Singapore, Central Region, Singapore · 3 investments in Indonesia Impact 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, Indonesia, India

Investor stats

  • Total investments: 106
  • Round size: Seed $500k–$4M; Series A $1.4M–$9.3M; Series B $2M–$15M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $64M in 2018

Portfolio highlights

  • Bumame — Bumame menghadirkan layanan kesehatan terpadu, medical check up, vaksinasi, konsultasi dokter, dan informasi kesehatan.
  • TWO — TWO is a health and wellness company that offers innovative lifestyle solutions 2foods, a line of healthy and delicious food products.
  • SPUN — The most reliable online visa platform in Indonesia with 24/7 dedicated assistance and money-back guarantee.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Ondine Capital
VC Fund · Shanghai, Shanghai, China · 3 investments in Indonesia Impact startups, 6 in the past 12 months

Ondine Capital engages in venture capital type investment activities in Southeast Asia, focusing on startups with consumer technology, in the fields of retail, education, logistic, or general TMT.

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Investment focus

  • Industry: Automotive, E-Commerce, Logistics
  • Stage:Seed, Series A, Series B
  • Geography: China, Indonesia, Singapore

Investor stats

  • Total investments: 39
  • Round size: Seed $303k–$14M; Series A $2.6M–$70M; Series B $15M–$175M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $50M in 2023

Portfolio highlights

  • Aboard — Explore the Aboard T4 hybrid-electric travel trailer with smart towing, off-grid power, an on-board range extender and modern mobile living.
  • Zero One Auto — Zero One Auto is a new energy-efficient heavy-duty truck developer company.Zero One Auto creates new energy-efficient heavy-duty vehicles with advanced autonomous driving characteristics. The first batch of products is separated into two models, with an emphasis on the new energy heavy-duty truck short-distance freight market.
  • Squirrel Power — Squirrel Power is an emerging Chinese electric vehicle brand that is rapidly gaining attention for its innovative designs, sustainable technologies, and commitment to making electric mobility more accessible to a wider range of consumers.
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Gan Kapital
VC Fund · 3 investments in Indonesia Impact startups

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

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Investment focus

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

Investor stats

  • Total investments: 51
  • Round size: Seed $50k–$2.6M; Pre-Seed $50k–$800k; Series A $4M–$20M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bizhare — Situs investasi bisnis Securities Crowdfunding / Equity Crowdfunding atau urun dana terpercaya di Indonesia. Berizin & diawasi oleh OJK. Yuk, Investasi sekarang juga
  • Protos Labs — Unify cyber risk data for actionable insights and reduced exposure with the Nexus integrated cyber risk analytics platform by Protos Labs.
  • CrediLinq.Ai — CrediLinq is a technology infrastructure company that is enabling B2B platforms to offer embedded finance to their customers.B2B PayLater for buyers and B2B PayNow for sellers is a huge opportunity to both improve conversion, increase average order volumes and dramatically reduce operational burden. The future of B2B payments and purchasing willvery much look like the current consumer-level experience – we at CrediLinq.Ai are accelerating that change.
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Schneider Electric
VC Fund · Rueil-malmaison, Ile-de-France, France · 3 investments in Indonesia Impact startups

As a global specialist in energy management and automation in more than 100 countries, we offer integrated energy solutions across multiple market segments.

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Investment focus

  • Industry: Software, Energy, Internet of Things
  • Stage:Series A, Series C, Seed
  • Geography: United States, France, Australia

Investor stats

  • Total investments: 44
  • Round size: Seed $1.4M–$27M; Series A $1.8M–$125M; Series C $2M–$1.4B
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $565M in 2018

Portfolio highlights

  • Uplight — Uplight supports energy providers around the world with clean energy solutions for customer engagement and grid flexibility management.
  • Skild AI — Building general purpose robotic intelligence
  • Together AI — Together will enable researchers, developers & companies to leverage and improve artificial intelligence with an intuitive data, models & computation platform.
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BEENEXT
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Impact startups

BEENEXT manages multiple funds targeting diverse sectors, including fintech, healthtech, e-commerce, and artificial intelligence. Its platform offers founders access to a global network for knowledge exchange, mentorship, and business co-creation. The firm utilizes an industry-agnostic approach to identify businesses with potential for long-term growth across various international markets. Additionally, the company facilitates partnerships between entrepreneurs and a community of collaborators to assist with scaling operations.

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Investment focus

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

Investor stats

  • Total investments: 397
  • Round size: Seed $456k–$5M; Series A $2M–$15M; Series B $5.5M–$50M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $1M in 2023

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.
  • Furnishka — Discover premium sofas, recliners, beds, dining sets and more at Furnishka. Buy furniture online in India with free delivery, easy EMI and warranty.
  • Foundry — Foundry is a consumer technology business that specializes in household appliances. Foundry was started by Ankit Jain, a former managing director of Dyson India.
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Kejora-SBI Orbit
VC Fund · 2 investments in Indonesia Impact startups

Kejora-SBI Orbit is an investment firm that invests during the very early stages of the life of a company. Orbit is an initiative backed by Kejora Capital, SBI Holdings and investors from Southeast Asia, Japan and Europe.

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Investment focus

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

Investor stats

  • Total investments: 11
  • Round size: Seed $500k–$8.2M
  • Lead/follow: 73% lead, 27% follow

Portfolio highlights

  • Bizhare — Situs investasi bisnis Securities Crowdfunding / Equity Crowdfunding atau urun dana terpercaya di Indonesia. Berizin & diawasi oleh OJK. Yuk, Investasi sekarang juga
  • Dagangan — Aplikasi belanja sembako online grosir atau eceran. Menyediakan berbagai kebutuhan pokok seperti sembako, produk segar juga kebutuhan harian lainnya.
  • Swap — Swap is city-based infrastructure of battery swapping stations for e-motorcycle riders. No more cords, no more hassle, battery is being swapped with a fully-charged battery within 9 seconds.
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Openspace Capital
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Impact startups

Openspace Ventures is a leading venture capital firm finding and backing Southeast Asian companies creating a transformative impact where tech meets life.

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Investment focus

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

Investor stats

  • Total investments: 137
  • Round size: Seed $2.6M–$13M; Series A $1.7M–$20M; Series B $10M–$35M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $25M in 2022

Portfolio highlights

  • Every Half Coffee Roasters — Roasting & Brewing finest quality of specialty coffee bean from Vietnam and the world. We believe that every half bean has its soulmate. Let's find yours
  • Eunice — Eunice is an AI-powered due diligence and monitoring company built for institutional investors who cannot afford to get the details wrong.
  • Video Rebirth — Video Rebirth Limited is a private limited company that is established with shares.
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Ecoxyztem
VC Fund · Bandung, Jawa Barat, Indonesia · 2 investments in Indonesia Impact 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 — Belanja kebutuhan harian dengan kemasan guna ulang. Sampo, deterjen, bumbu, hingga beras - kembalikan kemasannya, dapat poin. Gratis ongkir se-Indonesia.
  • 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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Living Lab Ventures
VC Fund · Yogyakarta, Yogyakarta, Indonesia · 2 investments in Indonesia Impact startups

Living Lab Ventures is an investment firm.

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $400k–$12M; Series A $2.7M–$250M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Bumame — Bumame menghadirkan layanan kesehatan terpadu, medical check up, vaksinasi, konsultasi dokter, dan informasi kesehatan.
  • TWO — TWO is a health and wellness company that offers innovative lifestyle solutions 2foods, a line of healthy and delicious food products.
  • Increase Laboratorium Indonesia — End-to-end clinical research in Indonesia: trial execution, in-house central laboratory testing, and BPOM regulatory support from a single partner.
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Orbit Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Impact startups, 32 in the past 12 months

Orbit helps scale breakthrough startups from around the globe across emerging and frontier markets.

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Investment focus

  • Industry: E-Commerce, Software, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: China, United States, India

Investor stats

  • Total investments: 577
  • Round size: Seed $100k–$2M; Pre-Seed $100k–$1M; Convertible Note $30k–$20M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • i4TECH — Modular, scalable, fully managed manufacturing digital solutions that enable your AI adoption. Moving Industry 4.0 forwards with a unified, comprehensive data driven approach
  • Qanary — Qanary is a digital second-opinion platform designed to help radiologists detect cancer at its earliest, most treatable stages.
  • openmed — OpenMed provides digital healthcare services, telemedicine, pharmacy products, diagnostics, and medication delivery.
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Agaeti Venture Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Impact startups

Agaeti Venture Capital is an early stage venture capital firm

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Investment focus

  • Industry: Peer to Peer, Transportation, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Bangladesh

Investor stats

  • Total investments: 21
  • Round size: Seed $1.2M–$7.6M; Series A $5.5M–$28M; Series B $12M–$28M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2018

Portfolio highlights

  • Pathao — Pathao, a leading Super App in Bangladesh, offers ridesharing, food delivery, e-commerce, fintech, courier & parcel delivery, serving millions across the region
  • Antler — Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!
  • Onic Esports — IBIZA168 adalah agen game online terlengkap paling hits dan merupakan pilihan utama Gen Z di Indonesia saat ini.
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Shunwei Capital
VC Fund · Beijing, Beijing, China · 2 investments in Indonesia Impact startups

Shunwei Capital is a venture capital fund that focuses on early to mid-stage investments in local internet industry. It specializes in incubation, startups, early to mid-stage, and growth capital investments. It seeks to invest in the technology, media, telecommunications, high technology, new media, games, internet finance, and rural area internet sectors. Their investors include sovereign wealth funds, fund of funds, university endowment funds, and family offices.

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Investment focus

  • Industry: Manufacturing, Software, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: China, United States, India

Investor stats

  • Total investments: 618
  • Round size: Seed $1M–$74M; Series A $1.5M–$41M; Series B $8.2M–$55M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $1.2B in 2018

Portfolio highlights

  • Z.ai — Z.ai develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, and AutoGLM,a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Z.ai supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.
  • DiffuSpace — DiffuSpace is an artificial intelligence initiative dedicated to building diffusion language models to establish a new foundation model paradigm beyond traditional autoregression. Instead of generating text sequentially token by token, their technology focuses on thinking globally and evolving through uncertainty.
  • Clarify intelligence — Clarify Intelligence is an artificial intelligence technology company focused on the research, development, and deployment of AI-driven software and intelligent solutions. The company specializes in developing foundational AI platforms, application software, and advanced AI algorithms to support a wide range of industry use cases.
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Alto Partners Multi-Family Office
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Impact startups

Alto Partners is the first Multi-Family Office founded by and for Asia’s entrepreneurs.​​ Since our establishment in 2013, we have invested in dozens of Southeast Asia's leading founders. ​Many entrepreneurs we backed with our financial and strategic capital have become Asia's most celebrated success stories.​​As we achieve exitsalongside founders, we become the family office of choice for new entrepreneurial wealth, which is often re-invested into next generation start-ups. ​This entrepreneur-focused cycle of venture funding, exits and re-investment underpins the growth of our family office, which today includes the founders of Gojek, Bank Jago, Kopi Kenangan, ​Jobstreet, Northstar and others from Asia's venture ecosystem. ​​

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Investment focus

  • Industry: FinTech, Financial Services, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, India

Investor stats

  • Total investments: 85
  • Round size: Seed $1.1M–$7.7M; Series A $1.9M–$35M; Series B $10M–$50M
  • Lead/follow: 1% lead, 99% follow

Portfolio highlights

  • IDfy — Secure Customer Onboarding | Smarter Fraud Detection | DPDP Compliance & Privacy Governance made Easy for Banks, E-Commerce, and Logistics.
  • KLAR Smile — KLAR Aligner merupakan solusi tepat untuk mendapatkan gigi rapi yang aman, cepat, tidak sakit, dan terjangkau tanpa mengganggu penampilanmu.
  • Nafas — Nafas creates an air quality sensor network to monitor the quality of outdoor air. Nafas collects data from real sensors that are designed to be installed outside and withstand the elements. To provide the most accurate local data, Nafas has installed over 30 sensors throughout Jakarta.
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Genesia Ventures
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Indonesia Impact startups

Genesia Ventures is a venture capital firm focused on seed/early stage startups in Japan and Southeast Asia. Since it's inception in Dec 2016, Genesia Ventures has invested in over 90 companies in Japan, Indonesia, Vietnam, Singapore and the US. Genesia Ventures invests in various sectors: SaaS, marketplace, Media, Finance, Insurance, RealEstate, Healthcare, Medical, Travel, Education, Manufacturing, Construction, HR, Agriculture, Sports, Retail, Entertainment, etc.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, Vietnam, Indonesia

Investor stats

  • Total investments: 241
  • Round size: Seed $462k–$5.7M; Series A $1.2M–$11M; Venture - Series Unknown $404k–$2.1M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $110M in 2022

Portfolio highlights

  • THE PHAGE — The phage is a medical device company that focuses on developing AI technology to predict postprandial blood glucose levels.
  • AI Mage — AI Mage is an IT company that provides AI solutions for anime production business industries.
  • Umami United — Umami United is a plant-based food brand with unique focus on Japanese food technologies and traditional ingredients to make delicious and healthy food to unite people at one table. The wide lineups are designed to be vegan-friendly, buddhist friendly, and halal friendly for all.
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Intudo Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Impact 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: 54
  • Round size: Seed $500k–$4.3M; Series A $4M–$31M; Series B $4.3M–$66M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely actively investing — fresh fund, raised $75M in 2024

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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Wavemaker Impact
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Impact startups

Wavemaker Impact co-founds sustainability-focused businesses in Southeast Asia with proven entrepreneurs

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Investment focus

  • Industry: Agriculture, AgTech, Energy
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Indonesia, India

Investor stats

  • Total investments: 22
  • Round size: Seed $525k–$2.7M; Pre-Seed $500k–$700k; Series A $4.3M–$14M
  • Lead/follow: 86% lead, 14% follow
  • Last fund: Likely still investing — raised $18M in 2023

Portfolio highlights

  • Muun AI — Muun AI turns existing machine and operational data into actionable intelligence while keeping operators in control.
  • Virdalis — A sustainable, locally-grown soymeal replacement for feed mills and livestock farms.
  • MetroElectro — MetroElectro operates as a climate tech start-up.
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Golden Gate Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Impact startups, 9 in the past 12 months

Golden Gate Ventures is a venture capital firm investing across Southeast Asia. Since 2011, the firm has launched four funds, managed US$250M AUM, and invested in 60+ companies in over 7 countries in Asia. The firm focuses on investing in technology companies driven by the rising consumer class in Southeast Asia.

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Investment focus

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

Investor stats

  • Total investments: 154
  • Round size: Seed $473k–$6.4M; Series A $1.5M–$15M; Series B $10M–$60M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $100M in 2024

Portfolio highlights

  • 3cat — 3cat is an omnichannel platform specializing in the purchase, refurbishment, and sale of second-hand smartphones. The company operates through an integrated network of both online and physical retail outlets.
  • Triangle — We route, produce and promote tours across the region.
  • Kita Technologies — Kita Technologies uses computer vision and vision language models to transform unstructured documents into structured underwriting data.
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GCAL Limited
VC Fund · Tangerang, Jawa Barat, Indonesia · 2 investments in Indonesia Impact startups

GCAL Limited invests in the businesses of environmental care, green technology, and sustainable future. GCAL Limited promotes a zero-waste nation by encouraging a citizen to have a mindset of zero waste at home and at work. GCAL Limited was found dead in 2018 and was headquartered in Tangerang, Indonesia.

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Investment focus

  • Industry: GreenTech, Waste Management, Information Technology
  • Stage:Pre-Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $73k–$221k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GCAL Limited — GCAL Limited invests in the businesses of environmental care, green technology, and sustainable future. GCAL Limited promotes a zero-waste nation by encouraging a citizen to have a mindset of zero waste at home and at work. GCAL Limited was found dead in 2018 and was headquartered in Tangerang, Indonesia.
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Convergence Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Impact startups

Convergence Ventures is an early stage technology venture fund focused on investing in Indonesia. Led by their partners Adrian Li and Donald Wihardja who are seasoned entrepreneurs with extensive operating experience in Internet businesses in emerging markets. They seek to back exceptional founders by leveraging their experience, network andresources to empower them to build long lasting and impactful businesses for Indonesia and the South East Asia region. Their Advisory Board and Limited Partners from the US, China and Indonesia have backed hundreds of technology businesses in the past decade and bring deep local networks and resources in media and related industries to their founders.

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Investment focus

  • Industry: Internet, Financial Services, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Singapore, Taiwan

Investor stats

  • Total investments: 65
  • Round size: Seed $1.1M–$3M; Series A $1.5M–$20M; Series B $7.5M–$60M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • JULO — JULO provides affordable unsecured personal loan (KTA) exclusively to smartphone users.They strive to provide low cost loan product to the masses while ensuring that it's economically viable to their lender partners. This is achieved by exercising prudent underwriting assessments to ensure that approved applicants are both able and willing topay back.They also reward positive behavior by giving cashback bonus and allowing good customers to borrow a higher amount at lower interest rate at loan maturity.
  • Danacita — Solusi pembiayaan, pendanaan & pinjaman dana pendidikan | Berizin & diawasi OJK | Cicilan kuliah dan kursus pelajar indonesia | Student Education Loan & Financing
  • Pandemic Insights — Know and Manage Health Risk Anywhere
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PT Saratoga Investama Sedaya
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Impact startups

Saratoga Investama Sedaya (SIS) is an active Indonesian investment firm with a unique track record of profitable investments across key sectors of the Indonesian economy. SIS’ vision is to continue to be the leading active investment firm in Indonesia and the preferred partner for both local and foreign investors who are looking to participate in the dynamic Indonesian economy.

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Investment focus

  • Industry: Financial Services, Finance, Logistics
  • Stage:Venture - Series Unknown, Series B, Series A
  • Geography: Indonesia, Hong Kong, Singapore

Investor stats

  • Total investments: 14
  • Round size: Series A $7M–$22M; Series B $15M–$60M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • JULO — JULO provides affordable unsecured personal loan (KTA) exclusively to smartphone users.They strive to provide low cost loan product to the masses while ensuring that it's economically viable to their lender partners. This is achieved by exercising prudent underwriting assessments to ensure that approved applicants are both able and willing topay back.They also reward positive behavior by giving cashback bonus and allowing good customers to borrow a higher amount at lower interest rate at loan maturity.
  • Rekosistem — Rekosistem is a Clean- & Climate-Tech Company that enables circular economy implementation in the waste supply chain by leveraging proprietary waste management operation systems to transform waste into recycled materials and renewable resources.
  • Forest Carbon — Forest Carbon specializes in feasibility assessment, project design, and impact verification using IOT sensors and machine learning.
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Saratoga Investment
VC Fund · New York, New York, United States · 2 investments in Indonesia Impact startups

Saratoga Investment Corp. is a specialty finance company that invests primarily in leveraged loans and mezzanine debt issued by U.S. middle-market companies, both through direct lending and through participation in loan syndicates. It has elected to be treated as a business development company under the Investment Company Act of 1940. Saratoga Investment Corp. is traded on the New York Stock Exchange under the symbol "SAR." Saratoga Investment Corp. includes an SBIC-licensed subsidiary.

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Investment focus

  • Industry: Commercial, Financial Services, Dental
  • Stage:Venture - Series Unknown, Debt Financing, Seed
  • Geography: United States, Indonesia

Investor stats

  • Total investments: 8
  • Round size: Venture - Series Unknown $10M–$20M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Rekosistem — Rekosistem is a Clean- & Climate-Tech Company that enables circular economy implementation in the waste supply chain by leveraging proprietary waste management operation systems to transform waste into recycled materials and renewable resources.
  • Angry Chickz — Angry Chickz Nashville Hot Chicken brings the heat in tenders and sliders to Los Angeles, Hollywood, Glendale, Bakersfield and Fresno!
  • Vitana Pediatric Dental Partners — Vitana is an investment firm focused exclusively on investing in and partnering with world-class pediatric and orthodontic groups. We invest in high-quality owner dentists who have built great businesses and have the desire to take their financial and professional growth to the next level
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UMG IdeaLab
VC Fund · Karet Teng Sien, Jakarta Raya, Indonesia · 2 investments in Indonesia Impact startups

Their mission is to find collaboration with external ventures to achieve mutually beneficial condition from both parties. Led by one of the biggest corporate moguls in Myanmar, UMG Myanmar, we’re confident to guide the finest generation of entrepreneurs to build their vision in this digital era. Their main focus is to invest and guide technologyenabled start-ups that has exponential growth potential and meaningful social impact in this technology driven era.

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, Software
  • Stage:Seed, Venture - Series Unknown
  • Geography: Indonesia, Myanmar

Investor stats

  • Total investments: 36
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Matador Lectro — Supplier baterai LifePo4 Custom berkualitas di Indonesia dan sistem manajemen energi baterai yang dapat membantu motor listrik Anda
  • Touch Me Beauty — Touch Me Beauty is a beauty-tech company that offers skin analyzer mobile application and helps in skin care and beauty
  • Sandhiguna Widya Proteksi — Building cryptographic services to mitigate information breach risks for organizations
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Init 6
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Impact 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: 33
  • Round size: Seed $1M–$18M; Pre-Seed $1.1M–$2.3M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • imajin — Imajin adalah pasar online manufaktur di Indonesia yang menyediakan layanan dalam proyek 3D, mold, die, product, part serta penyewaan mesin CNC.
  • dibimbing.id — Dibimbing is a learning platform that provides skills for job preparation and career upgrades.
  • Bioma — Media Desa Terkini
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Patamar Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Impact startups

Patamar Capital is Southeast Asia's leading impact-driven venture capital firm. Founded in 2011, Patamar invests in early-stage companies building sector-defining platforms that maximize positive impact and financial returns.

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Investment focus

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

Investor stats

  • Total investments: 48
  • Round size: Seed $2.4M–$5M; Series A $779k–$15M; Series B $1.1M–$20M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Sayurbox — Sayurbox memanen dan mengantarkan Sayuran dan Buah Organik Segar tanpa pestisida dari petani lokal secara online. Mulai dari kacang panjang, buncis, tomat, caisim, dll.
  • Kim An Group — Kim An Group operates as a fintech platform that bridges the gap between institutional funding and micro, small & medium businesses (MSME).
  • Lhoopa — Making homeownership achievable for every Filipino family.
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Qiming Venture Partners
VC Fund · Shanghai, Shanghai, China · 1 investments in Indonesia Impact startups

Founded in 2006, Qiming Venture Partners is a leading China venture capital firm with offices in Shanghai, Beijing, Suzhou, Hong Kong in China, and Singapore.Currently, Qiming Venture Partners manages eleven US Dollar funds and seven RMB funds with $9.5 billion in capital raised. Since our establishment, we have invested in outstanding companiesin the Technology and Consumer (T&C) and Healthcare industries at the early and growth stages.Since our debut, we have backed over 530 fast-growing and innovative companies. Over 200 of our portfolio companies have achieved exits through IPOs at the NYSE, NASDAQ, HKEX, Shanghai Stock Exchange, or Shenzhen Stock Exchange, or through M&A or other means. There are also over 70 portfolio companies that have achieved unicorn or super unicorn status.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, Hong Kong

Investor stats

  • Total investments: 898
  • Round size: Series A $5M–$67M; Series B $9.4M–$100M; Series C $15M–$134M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $887M in 2023

Portfolio highlights

  • Guangjing Energy — Guangjing Energy specializes in the R&D and mass production of durable, large-area perovskite solar cell modules. They develops perovskite film printing technology with independent intellectual property rights and realized the preparation of large-area perovskite components.
  • Talaris Therapeutics — Talaris seeks to help kidney transplant recipients and patients suffering from severe auto-immune diseases to live healthy lives free from chronic immunosuppression
  • Shennapsi Artificial Intelligence Technology — Synapsor is a medical-grade wearable device research and development company, oriented to the AI+ medical and health field, and is committed to the development and manufacturing of AI-powered medical-grade smart wearable devices, including AI-ECG artificial intelligence. Diagnostic analysis system, CUMS uric acid blood glucose and cholesterolmonitoring system, etc. The company has recently received tens of millions of yuan in Series B investment, and the investor is Xiaomi Technology.
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SMDV
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Impact 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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Orbit Startups
VC Fund · Cork, Cork, Ireland · 1 investments in Indonesia Impact startups, 24 in the past 12 months

Orbit Startups helps companies scaling breakthrough technologies across emerging and frontier markets to the regions with the most aggressive growth.

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Investment focus

  • Industry: E-Commerce, Information Technology, Software
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: India, Singapore, Pakistan

Investor stats

  • Total investments: 123
  • 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.
  • Braingaze — Braingaze solves major challenges around cognitive disorders of the brain. We use a patented neuro-biomarker based on small involuntary eye movements. These are triggered by functional games, the resulting signal is analysed using algorithms trained by Deep Learning based on actual real patient / control cases. We adress pre-symptomatic stagesof Alzheimer's disease and the most common child cognitive disorder ADHD. Our tools are on the market and covered by a CE Mark as a medical device. Our pipeline includes detection / diagnostic tools as well as digital therapy solutions that have shown to reduce symtoms by over 50%.
  • Tappi — Convert one-time customers into loyal ones by getting discovered, growing leads and building your business reputation.
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iSeed
VC Fund · Bangalore, Karnataka, India · 1 investments in Indonesia Impact startups

iSeed is India's first micro-fund backed by top global founders and investors.

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Investment focus

  • Industry: Software, Health Care, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, United States, Indonesia

Investor stats

  • Total investments: 117
  • Round size: Seed $320k–$6M; Pre-Seed $500k–$2.8M; Series A $427k–$15M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2021

Portfolio highlights

  • Vahak — Book truck loads online in with ease. Our online platform offers GST and Aadhaar Verified Transport Services, truck owners and agents at your convenience. Book now.
  • Vetic — Vetic Pet Clinic provides human-grade pet healthcare across 65 clinics & 11 cities in India. Pet grooming, consultation, pet surgeries, pet supplies at Vetic.
  • Airbound — Welcome to Airbound, where we're reaching the unreachable with our zero infrastructure deliveries. Discover our innovative solutions for efficient and sustainable delivery systems.
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Lightspeed Venture Partners
VC Fund · Menlo Park, California, United States · 1 investments in Indonesia Impact startups

Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Israel

Investor stats

  • Total investments: 2448
  • Round size: Seed $2M–$26M; Series A $7M–$85M; Series B $15M–$125M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fresh fund, raised $600M in 2025

Portfolio highlights

  • Tennr — Tennr is a custom AI assistant that accelerates research, answers complex questions, and generates custom reports.
  • 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.
  • Zaria Systems — Zaria provides loan servicing and collateral management infrastructure for banks, private credit firms, fintech lenders, and digital asset lenders. Its platform supports primary servicing and auditable collateral management for structured finance and digital asset-backed lending. The company combines these functions within a single platform for institutional lending operations.
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Mitsui & Co
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Indonesia Impact startups

Mitsui & Co is a company that works in trading and investment. The company manages resources, energy, food, materials, and products needed for society. It develops projects in fields such as environment, infrastructure, and social contribution. The company addresses issues related to climate change, natural resources, and human rights. It supports communities by building systems for supply, health, education, and work.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Corporate Round, Series A, Series B
  • Geography: United States, Japan, India

Investor stats

  • Total investments: 197
  • Round size: Series A $5.6M–$79M; Series B $4M–$230M; Corporate Round $4.3M–$360M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • E-Dash — E-Dash drives decarbonization that embraces unknown challenges to accelerate transformation and creates a sustainable future for all.
  • Kite Mobility — A sustainable multi-vehicle amenity for residents and guests
  • Penske Automotive Group — Penske Automotive Group is a diversified international transportation services company and a premier automotive and commercial truck retailer.
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Aavishkaar Venture Capital
VC Fund · Mumbai, Maharashtra, India · 1 investments in Indonesia Impact startups

AGIMDC invests in start ups, transforming NBFCs and mature MFIs. AGIMDC was sponsored by the Dutch fund Goodwell Microfinance Development Company. AGIMDCâ€:tm:s investment managers have extensive experience in private equity and microfinance.

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Investment focus

  • Industry: Financial Services, Manufacturing, Finance
  • Stage:Series A, Series B
  • Geography: India, Bangladesh, Indonesia

Investor stats

  • Total investments: 103
  • Round size: Series A $3.2M–$18M; Series B $2M–$31M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — raised $130M in 2022

Portfolio highlights

  • AgroStar — AgroStar is India’s foremost AgTech start-up working on the mission of #HelpingFarmersWin by providing a complete range of agri solutions at the fingertips of farmers. AgroStar’s tech platform provides a combination of agronomy advice coupled with service and agri input products that enable farmers to significantly improve their productivity andincome.We use an extensive amount of data, technology and agronomy knowledge to give the right solutions (advice+products) to Indian farmers.AgroStar currently operates in the states of Gujarat, Maharashtra, and Rajasthan and has over 5 Lakh farmers on its digital platform. Farmers in these states can avail agri solutions for their entire crop life-cycle with a simple “missed call” or through its Android app, which is amongst the highest rated farming focused apps in the country.Over the next 5 years, we plan to continue to provide incremental value to farmers in terms of wide range of inputs delivered at their doorsteps, world-class agronomy guidance and also access to market linkages and credit.
  • Newtrace — NewTrace is building the next generation of electrolyzers to help fulfil the vision of affordable green hydrogen
  • NeoGeoInfo Technologies Pvt Ltd — NeoGeoInfo is a technology-oriented geospatial services organization, provides geographic insights to the large government.
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Blume Ventures
VC Fund · Mumbai, Maharashtra, India · 1 investments in Indonesia Impact startups, 33 in the past 12 months

Backing the next wave of revolutionary founders, from India, for the world.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A, Series B
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 533
  • Round size: Seed $500k–$5.3M; Series A $2M–$13M; Series B $5M–$35M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely actively investing — fresh fund, raised $175M in 2025

Portfolio highlights

  • MEANT 2B — MeantToBe is an AI-powered matchmaking platform designed to move beyond swipe-based dating apps by using personalized recommendations and behavioral signals to suggest more compatible romantic and social connections. It leverages machine learning to understand user preferences over time, aiming to improve match quality, reduce swipe fatigue, andcreate more meaningful interactions between users in a modern, AI-driven social discovery experience. Focused on next-generation relationship discovery.
  • Confido Health — Confido Health is the AI system of action for healthcare operations. AI Agents expand patient access, provider capacity, and revenue capture.
  • Circuit House Technologies — Lumio is an Indian consumer electronics brand specializing in smart TVs and other home entertainment products.
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Kakao Investment
VC Fund · Seongnam, Kyonggi-do, South Korea · 1 investments in Indonesia Impact startups

Incorporated in 2015, Kakao Investment is a 100% subsidiary of Kakao which specializes in venture capital investments.Based on Kakao’s philosophy of “Connect Everything”, Kakao Investment seeks to invest and support innovative start-ups that can realize interpersonal connection and the connection of all of us to the things around us. Also KakaoInvestment strives to foster a virtuous circle with in the venture environment by facilitating M&As and IPOs.

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, Software
  • Stage:Seed, Series A, Series C
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 56
  • Round size: Seed $811k–$20M; Series A $1.8M–$12M; Series C $7.1M–$123M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • RLWRLD — RLWRLD specializes in "Physical AI" by creating robotics foundation models (RFMs) designed to enable robots to function autonomously in real-world environments.
  • FuriosaAI — FuriosaAI develops system semiconductors optimized for AI, enabling efficient processing of large amounts of data in a short period of time.
  • Tommoro Robotics — We build the next generation of Physical AI.
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Creative Gorilla Capital
VC Fund · 1 investments in Indonesia Impact startups

Brand & venture builders empowering creative D2C & Web3 leaders through early-stage consumer investment.

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Investment focus

  • Industry: Pet, Baby, Retail
  • Stage:Seed, Pre-Seed
  • Geography: Indonesia, Malaysia

Investor stats

  • Total investments: 5
  • Round size: Seed $1.7M–$1.7M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $20M in 2023

Portfolio highlights

  • Hoopi — Discover the best TCG marketplace for Pokemon, One Piece, designer art toys and more. Trade, auction, and experience gamified live breaking on Hoopi.
  • Loluna — Loluna provides a diverse selection of baby personal care products, including face and body lotions, hair wash, and rash creams.
  • Pawprints Inspired — Temukan KAOSTOGEL dengan link global toto slot demo terpercaya, serta situs gampang cari cuan untuk permainan toto togel 777.
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Omidyar Network
VC Fund · Redwood City, California, United States · 1 investments in Indonesia Impact startups

Omidyar Network is a philanthropy whose mission is to bend the arc of the digital revolution toward shared power, prosperity, and possibility.

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Investment focus

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

Investor stats

  • Total investments: 314
  • Round size: Seed $700k–$4M; Series A $2M–$15M; Series B $5.2M–$34M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Hopelab — Hopelab is a researcher, investor, and convener that supports equity-centered solutions for the mental health and well-being of Black, Brown, and Queer young people.
  • FinReach — FinReach Solutions is a company providing innovative credit guarantee programs to facilitate lending for underserved micro, small, and medium enterprises (MSMEs), particularly those lacking collateral or formal credit history. Their solution enables financial institutions to extend credit to entrepreneurs, including women-led businesses andclimate-focused ventures, by de-risking loans through guarantees and leveraging data-driven borrower risk assessment. FinReach aims to expand financial inclusion in India’s lower-tier regions, helping thousands of borrowers access formal finance through partnerships with development finance institutions and global impact investors.
  • d.light — Founded in 2007 as a for-profit social enterprise, d.light manufactures and distributes award-winning solar lighting and power products designed to serve the more than 2 billion people globally without access to reliable electricity. Through five distribution hubs in East Africa, West Africa, India, Southeast Asia, and the United States, d.lighthas impacted over 65 million lives with its products. d.light is dedicated to providing the most reliable, affordable, and accessible solar lighting and power systems for the developing world, with the goal of reaching 100 million people by 2020. For more information, visit www.dlight.com.
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Surya Semesta Internusa
VC Fund · Kedoya Selatan, Jakarta Raya, Indonesia · 1 investments in Indonesia Impact startups

PT Surya Semesta Internusa Tbk is an Indonesia-based company primarily engaged in provisioning construction services. Through its subsidiaries, it runs three business units: property development and management, construction and hospitality. The Company operates its property business through PT Suryacipta Swadaya (SCS), PT TCP Internusa (TCP) and PTSitiagung Makmur (SAM); SCS develops and manages Kota Industri Suryacipta, an industrial estate in Karawang, Indonesia; TCP develops Tanjung Mas Raya, a residential complex in Jakarta, Indonesia and manages Graha Surya Internusa, a commercial building in Kuningan, Indonesia; SAM develops Banyan Tree Ungasan Resort in Bali, Indonesia.

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Investment focus

  • Industry: Solar, Hospitality, Marketplace
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Indonesia

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Xurya — Xurya is a renewable energy platform in providing commercial and industrial rooftop owners access to solar lease product on one side. And investors access to a stable and safe investment in rooftop solar plants on the other side. Both are achieved by maintenance service which enables both parties peace of mind.
  • Travelio — Temukan akomodasi yang cocok untuk liburan bersama keluarga, sahabat maupun urusan bisnis di www.travelio.com. Lebih luas, lebih nyaman dan lebih seru. Cek www.travelio.com
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Jungle Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Impact startups, 6 in the past 12 months

Jungle Ventures is one of Southeast Asia's largest independent venture capital firms based in Singapore. We invest in early and growth-stage startups in Southeast Asia and India, focused on building category-defining businesses that stand the test of time.

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Investment focus

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

Investor stats

  • Total investments: 214
  • Round size: Seed $628k–$6.5M; Series A $4M–$25M; Series B $8.3M–$45M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — raised $600M in 2022

Portfolio highlights

  • waresix — Segala Informasi tentang Beranda
  • OnebyZero — OnebyZero is a consulting firm that provides artificial intelligence, data infrastructure, and analytic solutions for various businesses.
  • Showroom B2B — SHOWROOM B2B is building the largest B2B “Phygital” platform for India’s $108 Bn fashion industry by connecting Tier 2+ clothing retailers directly with small to mid-scale apparel manufacturers and providing all parties with solutions for distribution, credit, logistics, and marketing.Showroom works on “Touch & Feel” mode of selling where itsunique distribution model ensures that there is almost NO RETURN of products sold. It creates Experience Centres for its retailers which gives them the confidence to buy without any iota of doubt about product quality.Showroom's offerings = Better Margins for Clothing Retailers + Aggressive Growth for Clothing Manufacturers
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Clime Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Impact startups

Clime Capital Management creates positive climate action by developing green energy investment opportunities.

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Investment focus

  • Industry: Renewable Energy, Solar, Environmental Consulting
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Vietnam, Indonesia, Singapore

Investor stats

  • Total investments: 12
  • Round size: Seed $2M–$6M; Series A $3.5M–$3.5M; Venture - Series Unknown $10M–$55M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: Likely still investing — raised $127M in 2024

Portfolio highlights

  • HIJAU — Merupakan penyedia solusi energi surya tanpa investasi awal yang berfokus di sektor bisnis, pabrik, properti, dan industri lainnya.
  • Ampotech — Ampotech manages the electrified world with AI-enabled internet of things solutions. Headquartered in Singapore, Ampotech focuses on the built environment and energy-intensive industries in Asia, with the support of investors based in Singapore, Vietnam, and Indonesia.
  • Stride — Stride is a forward-thinking renewable energy firm to advance a sustainable future by providing eco-friendly home renovation projects, smart home technology, energy-efficient products, and solar energy access to every household.
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GGV Capital
VC Fund · Menlo Park, California, United States · 1 investments in Indonesia Impact startups

We believe the talent to build great companies comes from anywhere. A global venture capital firm that invests in local founders. As a multi-stage, sector-focused firm, GGV focuses on seed- to growth-stage investments across Social/Internet, Enterprise Tech, and Smart Tech sectors.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: United States, China, Singapore

Investor stats

  • Total investments: 723
  • Round size: Series A $5.1M–$67M; Series B $14M–$60M; Series C $16M–$150M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — raised $366M in 2021

Portfolio highlights

  • Moka — Moka is a SaaS software that helps companies optimize their recruiting services and find the right talent for their business. MokaHR is designed to summarize and analyze the resume information characteristics of a large number of job seekers using resume analysis techniques and machine learning algorithms. Through the local semantic analysis andpattern matching of important information in resumes, MokaHR learns a large number of enterprises' recruitment behavior data and conducts big data Statistics and analysis, so as to help enterprises to better understand the industry trends, to better identify the right candidates, and hiring key points to give guidance, to bring more accurate data analysis, the formation of data network effects.
  • Koala Reading — Koala Reading is a children's reading app platform. Koala Reading created a quantified Chinese graded reading standard (ER Framework), which can be used to evaluate the reading difficulty of any text in Chinese. Also, the app helps schools create digital libraries and connect student reading level tests with offline reading behavior. XiangyueEducation Technology is the developer of Koala Reading.
  • Startorus Fusion — Startorus Fusion focuses on developing and commercializing fusion energy technologies, aiming for controllable device miniaturization, commercialization, and fast iteration, integrating design, R&D, operation, and maintenance.
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Accion Ventures
VC Fund · Washington, District of Columbia, United States · 1 investments in Indonesia Impact 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: 143
  • Round size: Seed $500k–$6.4M; Series A $2.5M–$17M; Series B $8M–$30M
  • Lead/follow: 33% lead, 67% 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.
  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • Billpocket — Billpocket convierte tu smartphone o tablet en una terminal punto de venta. Ya no tienes que esperar al banco y pagar exageradas cuotas de mantenimiento, fianzas y papel para poder cobrar con tarjeta. Simplemente necesitas una cuenta bancaria a donde puedas recibir tus cobros con tarjeta de débito y crédito.
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Lemonilo
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Impact startups

Jual Aneka Makanan sehat, Produk Alami dan Natural, Harga Terbaik dan Terlengkap | Dapat poin belanja, harga jujur, gratis ongkir ke seluruh Indonesia.

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Investment focus

  • Industry: Organic Food, Sustainability, Food and Beverage
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Off Meat — Off Foods produces plant-based meat that it distributes to various restaurants. Sales of its flagship product – a chicken-like protein called Off Meat – have grown by 10x since its establishment, according to a company statement.
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Impact Investor funding in Indonesia at a glance

Stats across 114 deals from 141 investors.

141
investors
in Indonesia Impact startups
114
deals
in Indonesia Impact startups
$5M
median round
in Indonesia Impact startups
41%
lead investors
lead at least one round
37%
Seed
most common funding stage
96/4
VC / Angel
share of investor count

Access all 141 investors in Indonesia Impact startups.

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