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

The most active venture capital funds 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
5 Japan, Indonesia, Singapore Seed, Series A Software, Information Technology, Internet $649k–$38M
Bali Investment Club
VC Fund
5 Indonesia Seed, Pre-Seed, Series A Recycling, Waste Management, Environmental Engineering $1.3M–$1.3M
SOSV
VC Fund
4 United States, India, United Kingdom Seed, Convertible Note, Pre-Seed Biotechnology, Health Care, Software
Skystar Capital
VC Fund
3 Indonesia, Singapore, Vietnam Seed, Series A, Series B E-Commerce, Software, Financial Services $850k–$25M
Spiral Ventures
VC Fund
3 Japan, India, Indonesia Seed, Series A, Series B E-Commerce, Internet, Information Technology $500k–$103M
Alpha JWC Ventures
VC Fund
3 Indonesia, Singapore, Vietnam Seed, Series A, Series B Information Technology, E-Commerce, Financial Services $1.5M–$139M
New Energy Nexus
VC Fund
3 Indonesia, United States, China Seed, Grant Energy, Battery, Renewable Energy $100k–$150k
Schneider Electric
VC Fund
2 United States, France, Australia Series A, Series C, Seed Software, Energy, Solar $1.4M–$128M
Openspace Capital
VC Fund
2 Singapore, Indonesia, Philippines Series A, Series B, Seed E-Commerce, Financial Services, Software $1.9M–$35M
Gan Kapital
VC Fund
2 Singapore Seed, Pre-Seed SaaS, Internet, Software $50k–$2.3M
BEENEXT
VC Fund
2 India, Japan, Indonesia Seed, Series A, Series B Software, E-Commerce, Financial Services $500k–$50M
Living Lab Ventures
VC Fund
2 Indonesia Seed, Series B, Pre-Seed Real Estate, Software, Apps
GK-Plug and Play Indonesia
VC Fund
2 Indonesia, Singapore, United States Seed, Pre-Seed, Series A Software, Financial Services, Artificial Intelligence $50k–$12M
Wavemaker Impact
VC Fund
2 Singapore, Indonesia, India Pre-Seed, Seed, Series A Agriculture, AgTech, Energy $500k–$14M
Ondine Capital
VC Fund
2 China, Indonesia, Singapore Seed, Series A, Series B Automotive, E-Commerce, Logistics $283k–$175M
Intudo Ventures
VC Fund
2 Indonesia, Singapore, Hong Kong Seed, Series A, Series B FinTech, Financial Services, Marketplace $645k–$113M
Saratoga Investment Corp.
VC Fund
2 United States, Indonesia Series B Commercial, Finance, Lending
Convergence Ventures
VC Fund
2 Indonesia, Singapore, Taiwan Series A, Seed, Series B Financial Services, FinTech, Internet $120k–$27M
PT Saratoga Investama Sedaya
VC Fund
2 Indonesia, Singapore Series B, Private Equity, Seed Apps, Sales, Solar $15M–$33M
Yifang
VC Fund
1 Indonesia Seed Battery, Automotive, Clean Energy
OCBC Ventura
VC Fund
1 Indonesia Seed, Series B, Series A FinTech, Financial Services, E-Commerce
First Move
VC Fund
1 Singapore, Malaysia, Indonesia Pre-Seed, Seed B2B, Marketplace, Subscription Service
Golden Gate Ventures
VC Fund
1 Singapore, Indonesia, United States Seed, Series A, Series B FinTech, E-Commerce, Financial Services
Accion Ventures
VC Fund
1 India, United States, Mexico Seed, Series A, Series B Financial Services, FinTech, Finance $500k–$33M
Angel Investment Network Indonesia (ANGIN)
VC Fund
1
BRI Ventures
VC Fund
1 Indonesia, Singapore, Taiwan Seed, Series A, Series B Financial Services, FinTech, B2B
K3 Ventures
VC Fund
1 Singapore, United States, Indonesia Series A, Seed Financial Services, FinTech, Software
United Family Capital
VC Fund
1 Indonesia Seed Organic Food, Sustainability, Food and Beverage
Baramulti
VC Fund
1 Indonesia Seed Battery, Automotive, Clean Energy
Orvel Ventures
VC Fund
1 Indonesia, Thailand, Singapore Seed, Series A Education, B2B, EdTech
Creative Gorilla Capital
VC Fund
1 Indonesia, Malaysia Seed, Pre-Seed Pet, Internet, Nutrition
Global Founders Capital
VC Fund
1 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $637k–$33M
iSeed
VC Fund
1 India, United States, Indonesia Seed, Series A, Pre-Seed Software, Health Care, Financial Services $320k–$15M
Aavishkaar Venture Capital
VC Fund
1 India, Indonesia, Bangladesh Series B, Series A Financial Services, Finance, Banking $2M–$29M
Lightspeed Venture Partners
VC Fund
1 United States, India, Israel Series A, Series B, Seed Software, Information Technology, Artificial Intelligence $2M–$120M
SMDV
VC Fund
1 Indonesia, Thailand, Singapore Series A, Seed, Series B E-Commerce, Information Technology, Software $1.5M–$45M
Init 6
VC Fund
1 Indonesia, Singapore, Pakistan Pre-Seed, Seed, Series A Financial Services, Information Technology, FinTech $1M–$18M
GGV Capital
VC Fund
1 United States, China, Singapore Series B, Series A, Series C Software, Information Technology, Artificial Intelligence $5M–$150M
Kejora-SBI Orbit
VC Fund
1 Indonesia Seed, Series A SaaS, Mobile, Battery
Kakao Investment
VC Fund
1 South Korea, United States, Japan Seed, Series A Information Technology, Artificial Intelligence, Software $743k–$20M
SeedPlus
VC Fund
1 Singapore, Indonesia, Malaysia Seed, Series A, Pre-Seed Software, Internet, SaaS $640k–$19M
REAPRA
VC Fund
1 Japan, Thailand, Singapore Seed, Pre-Seed Human Resources, SaaS, Internet $300k–$2.1M
Michael Sampoerna’s Office
VC Fund
1 Indonesia Series A Recycling, Waste Management
Surya Semesta Internusa
VC Fund
1 Indonesia Seed, Series A Solar, Hospitality, Marketplace
Mitsui & Co
VC Fund
1 United States, Japan, India Series B, Corporate Round Software, Health Care, Biotechnology $4M–$360M
Jungle Ventures
VC Fund
1 India, Singapore, Indonesia Series A, Seed, Series B E-Commerce, Software, Financial Services $604k–$45M
Opes Impact Fund
VC Fund
1 Italy, Kenya, India Seed, Series A Communities, Agriculture, Energy $219k–$910k
Clime Capital
VC Fund
1 Vietnam, Indonesia, Singapore Seed, Series A Renewable Energy, Solar, Environmental Consulting $3.5M–$3.5M
AC Ventures
VC Fund
1 Indonesia, Singapore, India Seed, Series A, Series B E-Commerce, Financial Services, Information Technology $953k–$87M
Omidyar Network
VC Fund
1 United States, India, Kenya Series A, Seed, Series B Financial Services, FinTech, Education $700k–$34M
Access all 50 VC funds in Indonesia Impact startups.

Access 48,091 investors

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 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, 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

  • 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.
  • Social Bread — Marketplace Influencer untuk UMKM Indonesia
  • Appify Technologies — Appify Technologies, Inc.
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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, Pre-Seed, Series A
  • Geography: Indonesia

Investor stats

  • Total investments: 7
  • Round size: Seed $1.3M–$1.3M
  • Lead/follow: 86% lead, 14% 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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SOSV
VC Fund · Princeton, New Jersey, United States · 4 investments in Indonesia Impact 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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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, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 58
  • Round size: Seed $850k–$5M; Series A $3M–$11M; Series B $6M–$25M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Mimin — Mimin adalah aplikasi gratis yang membantu seller online yang berbasis chat dalam mengatur bisnis dengan mudah. Proses Order. Cek Ongkir. Tagih pembayaran.
  • bythen — bythen enables the production of autonomous 3D avatar bots powered by AI.
  • 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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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, Internet, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 99
  • Round size: Seed $500k–$4.5M; Series A $1.5M–$72M; Series B $10M–$103M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Fragaria — Discover innovative farming practices and high-quality, year-round fruits in India with Fragaria's advanced agricultural technology.
  • VeXeRe.Com — Founded in 2013, VeXeRe.com is the largest online bus ticket platform in Vietnam. They help passengers book bus tickets conveniently thanks to their 1,000+ bus companies network and coverage for trips within Vietnam and from Vietnam to neighbor countries. Their payment channels include online payment, payment at 24/7 convenience stores, banktransfers, and other channels that provide customers with convenient booking experience.
  • Instapay Technologies — Instapay is the only e-wallet in Malaysia to offer a corporate portal. It enables you to self-manage the salary payment process with greater visibility. It serves to streamline payroll processing within organizations while promoting finances.
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Alpha JWC Ventures
VC Fund · Jakarta Pusat, Jakarta Raya, Indonesia · 3 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, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 115
  • Round size: Seed $1.5M–$8M; Series A $5.3M–$40M; Series B $15M–$139M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $433M in 2021

Portfolio highlights

  • Ajaib — Mulai investasi online dengan Ajaib. Platform investasi terpercaya yang aman, sudah berizin dan diawasi OJK & BAPPEBTI. Download aplikasinya & daftar sekarang!
  • Mangkokku — Welcome to the home of no. 1 Rice Bowl in Indonesia! Bersih, Merakyat, Nikmat Nyata. A culinary startup founded by Chef Arnold Poernomo, Randy J Kartadinata, Kaesang Pangarep, and Gibran Rakabuming. See our menu, locations, promos, and more!
  • Venti Technologies — Venti Technologies is a safe-speed autonomous vehicles developer company.
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New Energy Nexus
VC Fund · Oakland, California, United States · 3 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
  • Geography: Indonesia, United States, China

Investor stats

  • Total investments: 9
  • Round size: Grant $100k–$150k
  • Lead/follow: 33% lead, 67% 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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Schneider Electric
VC Fund · Rueil-malmaison, Ile-de-France, France · 2 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, Solar
  • Stage:Series A, Series C, Seed
  • Geography: United States, France, Australia

Investor stats

  • Total investments: 37
  • Round size: Seed $1.4M–$27M; Series A $1.8M–$121M; Series C $2M–$128M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Uplight — Uplight supports energy providers around the world with clean energy solutions for customer engagement and grid flexibility management.
  • STELLARIA — Stellaria is reimagining sustainable rapid neutron nuclear energy.
  • Energetic Capital — Let us cover the payment default risk on your next Solar Project. Energetic Insurance makes efficient financing possible for financiers, investors and energy service providers with the EneRate Credit Cover solar insurance policy.
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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: 122
  • Round size: Seed $2.6M–$13M; Series A $1.9M–$20M; Series B $10M–$35M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Igloo — As a top insurtech company, Igloo makes insurance easy across Southeast Asia by working with reputable insurers and distribution partners.
  • Octopus — Integrated Reseller System Fully Automated
  • Kumu Holdings — kumu is a pinoy community platform where you can just hang out, explore the many livestreams the Kumunity has to offer, meet and chat with fellow Filipinos all around the world
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Gan Kapital
VC Fund · 2 investments in Indonesia Impact 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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Access 48,091 investors

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

Browse database — It's Free!
BEENEXT
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Impact 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: 286
  • Round size: Seed $500k–$8.5M; Series A $2M–$29M; Series B $4.6M–$50M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $1.6B in 2020

Portfolio highlights

  • Driffle — A marketplace built for gamers by gamers. Browse a huge collection of games, gift cards & subscriptions.
  • ProsParity — Reimagining Distribution Of Credit In The Electric Mobility Sector
  • 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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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, Software, Apps
  • Stage:Seed, Series B, Pre-Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 11
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • AMODA — Construction process should be simple & transparent. AMODA democratize the process and enable everyone to achieve faster, cost-effective & high-quality construction assets through the latest prefabrication and modular approach.
  • JumpStart Coffee — JUMPSTART COFFEE is Indonesia first fully automated self serve coffee shop, serving freshly brewed coffee anywhere you are, anytime you want, in just under 1 minute. Equipped with the newest technology and beautiful wood design, we seek to give you the ultimate convenience of drinking coffee.
  • Digital Classifieds Group — Digital Classifieds Group owns and operates a range of classifieds websites in the South Pacific and Asia.
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GK-Plug and Play Indonesia
VC Fund · Setiabudi, Jakarta Raya, Indonesia · 2 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: 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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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: 19
  • Round size: Seed $525k–$2.7M; Pre-Seed $500k–$700k; Series A $4.3M–$14M
  • Lead/follow: 84% lead, 16% follow
  • Last fund: Likely still investing — raised $60M in 2023

Portfolio highlights

  • Muun AI — Muun AI provides predictive operational intelligence to optimize cycle times, reduce energy waste, and prevent equipment downtime using machine data.
  • Octayne — Octayne provides carbon-neutral fuels for energy generation as well as cost-effective alternatives to coal in thermal power plants.
  • Refy — Refy is a flexible financing solution for green project developers that combines private lending, blended finance, and advisory services while leveraging scalable technologies to accelerate Asset-as-a-Service.
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Ondine Capital
VC Fund · Shanghai, Shanghai, China · 2 investments in Indonesia Impact startups

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: 34
  • Round size: Seed $283k–$14M; Series A $2.8M–$70M; Series B $15M–$175M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: Likely still investing — raised $50M in 2023

Portfolio highlights

  • Carsome — Carsome is an online used car platform that provides efficient car selling services to individuals and entities. Through its online bidding portal, customers are able to sell their vehicles directly to dealers. Carsome facilitates the entire car selling process from inspection to valuation, bidding, and payment as well as logistics needs, allowingthe customers to sell their cars.It was founded in 2015 and headquartered in Malaysia, the company has expanded to Indonesia, Thailand, and Singapore.
  • iMotorbike — iMotorbike is the #1 motorbike online E-commerce website in South East Asia, providing a fast, secure, simple and trouble free online experience with a wide variety of product range, setting itself apart from what exists in the market. iMotorbike offers three main categories: motorbikes, parts and accessories. For a complete 360° experience,iMotorbike also enables users the access to services such as insurance and financing. At iMotorbike we always strive to offer our customers the best experience through a complete and efficient online ecosystem for motorbike users, lovers and professionals.
  • Love, Bonito — Love, Bonito is the best and largest vertically integrated, omni-channel women’s fashion brand in the region. Founded in 2010, she has grown to 150 people strong, proudly headquartered in Singapore with country offices in Indonesia, Malaysia, and Hong Kong and an omni-channel presence across these 4 markets, plus an international e-commerce sitethat ships globally.Love, Bonito is redefining what retail means - thoughtful, experiential, community-driven - with sights set on becoming the most thoughtful brand globally, for the everyday woman.
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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: 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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Saratoga Investment Corp.
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. SaratogaInvestment 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, Finance, Lending
  • Stage:Series B
  • Geography: United States, Indonesia

Investor stats

  • Total investments: 6
  • Lead/follow: 17% lead, 83% 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.
  • Artemis Wax — Our mission is to build a world-class wax company and that happens one conversation and relationship at a time. We value integrity and transparency above all else and have a strict play-no-games policy for everything we do. If you are looking for a quick and painless sale to a credible counterparty,
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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: Financial Services, FinTech, Internet
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Singapore, Taiwan

Investor stats

  • Total investments: 52
  • Round size: Seed $120k–$3M; Series A $1.3M–$21M; Series B $7.5M–$27M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $30M in 2016

Portfolio highlights

  • Stockbit — Aplikasi saham untuk berdiskusi, analisa dan berinvestasi dengan harga real time, berita terkini, riset, data fundamental, charting, dan analytical tools yang lengkap
  • Pandemic Insights — Know and Manage Health Risk Anywhere
  • Kargo Technologies — Kargo adalah layanan logistik online yang menyediakan solusi pengiriman barang yang mudah, cepat, dan terpercaya. Temukan layanan yang dapat diandalkan untuk memenuhi kebutuhan pengiriman Anda.
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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 inthe dynamic Indonesian economy.

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Investment focus

  • Industry: Apps, Sales, Solar
  • Stage:Series B, Private Equity, Seed
  • Geography: Indonesia, Singapore

Investor stats

  • Total investments: 7
  • Round size: Series B $15M–$33M
  • Lead/follow: 57% lead, 43% 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.
  • Fresh Factory — Fresh Factory runs a web of hyperlocal cold-chain fulfilment centers in Indonesia.
  • Bersama Digital Infrastructure — Bersama Digital Infrastructure is a digital infrastructure platform controlled by Provident Capital and Saratoga. Bersama Digital Infrastructure operates telecom towers, fibre and data centres in southeast asia.
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Yifang
VC Fund · Tigaraksa, Jawa Barat, Indonesia · 1 investments in Indonesia Impact startups

Yifang is the Smartphone & Electric Bike Manufacturing Company in Tangerang.

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Investment focus

  • Industry: Battery, Automotive, Clean Energy
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% 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.
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OCBC Ventura
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Impact startups

Venture Capital arm of Bank OCBC NISP focusing on early stage investment in Indonesia

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Investment focus

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

Investor stats

  • Total investments: 17
  • Lead/follow: no public data

Portfolio highlights

  • 99.co — The best way to find houses, condos, executive condos, rooms & HDBs for sale & rent in Singapore. Unique, authentic real estate and property listings with real photos.
  • Rukita — Cari hunian sewa berkualitas untuk setiap fase kehidupan: kost, coliving, apartemen, dan corporate housing. Full service termasuk laundry, cleaning, WiFi, fully furnished
  • EdenFarm Indonesia — EdenFarm Indonesia merupakan Start Up B2B, Pemasok bahan makanan mulai dari produk segar hingga sembako untuk restoran, warung nasi, hingga toko grosir.Menjual berbagai bahan pangan untuk usahamu mulai dari restoran hingga warung nasi
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First Move
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Impact startups

First Move is a founder-led early stage VC that invests in visionary executives and founders building scalable, tech-enabled businesses for a better future in Southeast Asia

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Investment focus

  • Industry: B2B, Marketplace, Subscription Service
  • Stage:Pre-Seed, Seed
  • Geography: Singapore, Malaysia, Indonesia

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Ourteam — ourteam is an AI recruiting platform that help companies source, screen, and verify talent across Asia; combining automation and intelligence to make hiring faster and smarter.
  • FinKnight — FinKnight offers new growth opportunities and financial management experience for companies. It bridges the gap by providing innovative financial leadership.
  • Scentses + Co — Malaysia's First Fragrance Subscription, where you can discover different designer perfumes and colognes monthly for just RM49.90.
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Golden Gate Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Impact startups

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, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Singapore, Indonesia, United States

Investor stats

  • Total investments: 126
  • Lead/follow: no public data

Portfolio highlights

  • FDcare — FDcare provides comprehensive health care services to customers.
  • Nurture — Fun, science-backed learning games that build future-proof life skills like critical thinking, money smarts, healthy habits, and more. Free for now!
  • BioSapien — BioSapien is a pre-clinical biotech company developing novel biodegradable implantable products that deliver active pharmaceutical ingredients (APIs) for oncology indications with reduced systemic side effects. The applications for this technology are currently under investigation for pancreatic cancer and lung cancer. The intended pipeline ofindications is expected to expand into other cancers such as colorectal, breast, and stomach cancers. BioSapien's 3D-printed MediChip delivers FDA-approved toxic high-dose systemic therapies in a localized slow-release biodegradable mesh which is able to target tissues while improving patients' quality of care and life.
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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: 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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Angel Investment Network Indonesia (ANGIN)
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Impact startups

Angel Investment Network Indonesia (ANGIN) is the first and largest network of angel investors in Indonesia. Composed of more than 70 prominent business leaders and supported by a full-time investment team, ANGIN Investors aim to bring the perfect combination of early stage capital, industry expertise and key connections to early stage companiesoperating in Indonesia.

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Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Arconesia — Arconesia is a crop management platform.
  • Collabit — CollaBit is a marine biotechnology startup dedicated to transforming marine waste, especially tuna by-products, into high-value marine ingredients using circular blue economy and advanced marine biotechnology principles. Its mission is to empower fish, oceans, and people by ensuring 100% utilization of fish resources, thereby minimizing waste andmaximizing value from every part of the fish. Their innovative approach converts undervalued marine by-products into products such as marine collagen, Collabites jelly tea, Fish Peptides.
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BRI Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Impact startups

Beyond Funding: Building Indonesia's Digital Ecosystem and Fostering Local Champions

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Investment focus

  • Industry: Financial Services, FinTech, B2B
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Taiwan

Investor stats

  • Total investments: 44
  • Lead/follow: no public data

Portfolio highlights

  • Materee — Materee is an Indonesian e-commerce platform that enables customers to shop for construction supplies. Materee aims to change and streamline the building material procurement process in Indonesia. Materee is headquartered in Banten, Jawa Barat and was founded in 2022.
  • DayaTani — Leveling Up Farming At Scale. From small plots to big estates, we design tech that levels up agricultural practitioners.
  • Little Joy Indonesia — Belanja Di sini shop now shop now shop now shop now shop now shop now shop now shop now shop now
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K3 Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Impact startups

K3 Ventures provides venture capital for technology startups in various sectors such as finance, education, healthcare, food and agriculture and others. The firm is headed by Kuok Meng Xiong.

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Investment focus

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

Investor stats

  • Total investments: 91
  • Lead/follow: no public data

Portfolio highlights

  • WIZ.AI — WIZ.AI Talkbot is a leading Generative AI-powered omnichannel customer engagement solution for enterprises to propel business growth.
  • iEduGPT — iEduGPT is an AI-powered learning platform based in Singapore that offers personalized, adaptive learning solutions for professional and academic exam preparation. It leverages artificial intelligence to analyze individual learners' strengths and knowledge gaps and create optimized study paths. The platform aims to transform exam preparationby making learning smarter, more efficient, and tailored to each user’s unique needs, covering certifications in finance, academics, and languages.
  • 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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United Family Capital
VC Fund · 1 investments in Indonesia Impact startups

United Family Capital is an investment firm.

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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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Baramulti
VC Fund · Jakarta Pusat, Jakarta Raya, Indonesia · 1 investments in Indonesia Impact startups

Baramulti is a mining company that provides coal trading and energy services.

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Investment focus

  • Industry: Battery, Automotive, Clean Energy
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% 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.
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Orvel Ventures
VC Fund · 1 investments in Indonesia Impact startups

Orvel is a venture capital firm investing early-stage technology companies, primarily seed stage, in Southeast Asia

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Investment focus

  • Industry: Education, B2B, EdTech
  • Stage:Seed, Series A
  • Geography: Indonesia, Thailand, Singapore

Investor stats

  • Total investments: 11
  • Lead/follow: no public data

Portfolio highlights

  • Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
  • 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.
  • Investbanq — Investbanq is an AI-powered Wealth Management Platform serving Asset Managers, Banks, Family Offices, and High-Net-Worth Individuals (Digital Family Offices). We are empowering traditional financial institutions to rapidly transform into AI-driven WealthTech players, enabling them to effectively capitalize on the growing wealth transfer to affluentmillennials and other digital natives.In recognition of our innovation, Investbanq was awarded "Best WealthTech Solution — Artificial Intelligence" at the Global Private Banker WealthTech Awards 2025. Our mission is to make wealth more accessible and inclusive by transforming how it’s managed.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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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, Internet, Nutrition
  • Stage:Seed, Pre-Seed
  • Geography: Indonesia, Malaysia

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Hoopi — Hoopi is a cutting-edge B2B2C online marketplace that serves the thriving collectibles and hobby industries. Our platform offers a smooth and engaging shopping experience, making it a one-stop shop for collectors, sellers, and enthusiasts alike.
  • Ringkas — Ajukan KPR mu di Platform Ringkas via Digital dan Online, Telah Bekerjasama dengan 25+ Bank Partner
  • 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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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Indonesia Impact startups

Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel.

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Investment focus

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

Investor stats

  • Total investments: 822
  • Round size: Seed $1.4M–$8.8M; Pre-Seed $637k–$5M; Series A $4M–$33M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $2B in 2018

Portfolio highlights

  • TalentHack — TalentHack is a health platform that connects directly with the fitness professionals and industry. They exist to redefine what a career in fitness can be, by providing opportunities to propel you forward. It takes hours for companies to find a single potential lead, let alone a candidate. The company was founded in 2018 and is based in New York,NY, United States
  • Membrane — Membrane is AI for product integrations. Describe what you need, watch integrations build, test and maintain themselves.We exist to let any product connect to any other reliably, safely, and at scale, by turning intent & customer needs into integrations with AI.Our platform offers the state-of-the-art solution in the AI Age for productintegrations:Membrane Agent builds integrations for one or multiple apps at once, choosing correct API calls, field mappings, and data structuresMembrane Engine is the configurable infrastructure that you or any agent can play with. It contains actions, events/webhooks, flows, data collections, unified API models, field mappings, and schemas & more used to build and maintain integrations at scale.Membrane Packages - integration code that is purpose built for your use case, that you can deploy in your IDE.Membrane is used by 100+ B2B SaaS companies like Constant Contact, PandaDoc, Dialpad, Storyblok & many others as their preferred integration partner
  • Bravo Sierra — Bravo Sierra creates performance body care products for the most active individuals. Every formula undergoes rigorous field-testing to meet strict standards of quality and efficacy. Designed and manufactured in the U.S.A, a portion of every purchase directly supports military veterans and their families.
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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: 116
  • 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

  • UGX.ai — Connect, Process, and Optimize your industrial operations with our comprehensive DataOps platform
  • Slick App — Go Slick, and declare your true feelings like nobody's watching!
  • Chronicle — Chronicle is the modern AI presentation software for creating professional, interactive AI PPT decks your audience will remember.
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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, Finance, Banking
  • Stage:Series B, Series A
  • Geography: India, Indonesia, Bangladesh

Investor stats

  • Total investments: 87
  • Round size: Series A $2.3M–$5.4M; Series B $2M–$29M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — raised $130M in 2022

Portfolio highlights

  • Poshs Metal Industries — Poshs Metal is a company that specializes in metal industry services, including metal fabrication, welding, and custom metal work. The company utilizes modern techniques and a skilled team to work with various types of metals, ensuring precision and quality. They serve both commercial and residential clients, offering solutions for construction,manufacturing, and other industries. Each service is customized to meet the unique needs of clients, ensuring satisfaction and value.
  • Ergos — Ergos is building an integrated supply chain by setting up micro warehouses. Ergos is a transformational bank for the farmer which leverages technology to seamlessly provide custodial services (warehousing, loans, and market-linkages, enabling the farmer to convert his produce to a financial asset.Through their grid of digitally connected ruralmicro warehouses, they enable farmers to store their produce, avoid distress sales during harvest season, reduce wastage by scientific warehousing, tide over their immediate liquidity/ financing needs by working with NBFCs/ Banks, and thereby empower farmers to sell their produce as and when they desire, thereby resulting in farmers achieving 25%-30% higher incomes. Ergos was founded in 2012 and headquartered in Patna, Bihar.
  • NEPRA Resource Management — NEPRA Resource Management provides waste management solutions in India. It offers dry waste management and recycling; waste pick up; and waste handling and reporting. NEPRA Resource Management collects and processes a range of materials, including commercial and industrial waste, paper and cardboard, metal, glass, plastic, E-waste, and wood. Itoffers services for waste-pickers/society cleaners/building care takers/malls/residential societies/commercial establishments or any other type of waste generator. NEPRA Resource Management serves hotel, IT, telecom, and research industries; retail sectors, multi brand outlets, residential associations, individual households, and townships; and Ahmedabad Municipal Corporation. It began operation in 2006, with its headquarters in Ahmedabad in India as a subsidiary of Nepra Group.
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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, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, Israel

Investor stats

  • Total investments: 1348
  • Round size: Seed $2M–$25M; Series A $6M–$80M; Series B $12M–$120M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $2.4B in 2022

Portfolio highlights

  • Seel — Peace of mind for shoppers and increased conversion rate for merchants. Available on Shopify App Store.
  • Alchemy — Whether you're a beginner, working on a side project, or one of the largest teams in the blockchain space, Alchemy makes Ethereum development easy with enhanced APIs, node infrastructure, and developer tooling. Get started for free!
  • Scrut Automation — Scrut Automation makes ISO 27001, SOC 2, GDPR and PCI DSS compliance easy, with 70% less Manual effort
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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: 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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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: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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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: 658
  • Round size: Series A $5M–$50M; Series B $14M–$60M; Series C $15M–$150M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $366M in 2021

Portfolio highlights

  • Hutouju — Hutouju is a Chinese dessert retailer that operates both retail locations and online stores. It offer customers tasty products with a Chinese style.
  • Pacdora — Pacdora is an incredibly user-friendly online mockup design platform that boasts an extensive collection of 3D mockups and box templates. Whether you're a seasoned designer or just starting out, you can effortlessly create eye-catching mockups in no time. Plus, with our powerful 3D modeling software and a suite of AI design assistant tools atyour fingertips, your creative possibilities are limitless. Unleash your imagination with Pacdora today!
  • Handshake — The largest expert network for learning, earning, and growing careers in the AI economy, giving everyone an accessible first step into an AI-powered career.
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Kejora-SBI Orbit
VC Fund · 1 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: SaaS, Mobile, Battery
  • Stage:Seed, Series A
  • Geography: Indonesia

Investor stats

  • Total investments: 6
  • Lead/follow: 83% lead, 17% 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.
  • KedaiSayur — KedaiSayur is a company that serves orders through delivery of various types of kitchen needs ranging from Vegetables, Fish Pukes (Chicken, Meat, Fish), Spices and fruits.
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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
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 51
  • Round size: Seed $743k–$20M; Series A $743k–$12M
  • Lead/follow: 29% lead, 71% 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.
  • Adrock Adverttainment — Adrock Adverttainment is a mobile application for drivers' license test.
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SeedPlus
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Impact startups

A new kind of seed venture firm, now closed to new investments.

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Investment focus

  • Industry: Software, Internet, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Singapore, Indonesia, Malaysia

Investor stats

  • Total investments: 27
  • Round size: Seed $640k–$3M; Series A $2.3M–$19M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2017

Portfolio highlights

  • Qoala — Asuransi online yang siap melindungi kamu dan orang tersayang, di mana aja, kapan aja. Premi murah, proses klaim mudah, dan 100% digital!
  • Homage — Homage is a trusted senior home care marketplace and technology platform seamlessly connecting seniors to the best quality of care on demand.The Homage platform uses a proprietary matching engine that pairs seniors with the best care professionals for their needs in real-time. Family members can schedule, manage, and monitor care visits throughHomage family app from anywhere, stay in communication with the care professional and get real-time information on the care their senior is receiving. Homage app will let family members know who visited their loved ones, how long they spent in the home, and what activities they did. Homage's technology allows it to send a Homage care professional to senior's house within 2 hours. Homage's app for care professionals lets them efficiently run their business, gives them better client information: a care plan individualized to each senior, helpful tips, ability to run on their own schedule, easy communication with the family members through their app.
  • EngageRocket — We help organizations make better people decisions using real-time analytics. Our customers use EngageRocket platform to measure and improve employee experience.
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REAPRA
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Impact startups

Through Research and Practice, we contribute to the betterment of society,by creating industries. We are a venture builder and investment group based in Singapore with a strategic focus on developing sustainable businesses.

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Investment focus

  • Industry: Human Resources, SaaS, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Japan, Thailand, Singapore

Investor stats

  • Total investments: 22
  • Round size: Seed $300k–$2.1M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • KarunStrategy — KarunStrategy assists in financial modelling, market research, competitive analysis, and a growth marketing plan. They are consistent with all available digital tools and channels that can enhance business. They promote growth by spotting opportunities, formulating a plan, following it out, and monitoring its effectiveness.
  • ITecMarin — ITecMarin provides information technology solutions for shipping industries.
  • impress.ai — Launched in 2017, impress.ai is a no-code, self-service platform that is highly focused on simplifying and accelerating various parts of the recruitment workflow. AI chatbots are utilised to create a seamless interview experience for candidates, answering queries with a 96 percent accuracy rate while simultaneously providing assessments andassigning an overall metric value to the candidate. Based on industrial organisation (I/O) psychology, the AI algorithm can be localised to account for different hiring regulations, language, practices and cultural sensitivities to help enterprises stay agile in the dynamic world of recruitment.
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Michael Sampoerna’s Office
VC Fund · 1 investments in Indonesia Impact startups

Michael Sampoerna’s Office is the family office of Michael Sampoerna.

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Investment focus

  • Industry: Recycling, Waste Management
  • Stage:Series A
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

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.
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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, Series A
  • Geography: Indonesia

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% 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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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. Itsupports communities by building systems for supply, health, education, and work.

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Investment focus

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

Investor stats

  • Total investments: 167
  • Round size: Series B $4M–$230M; Corporate Round $11M–$360M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Kaer — Kaer creates, instals, and maintains cooling systems for commercial and industrial buildings throughout Asia.
  • Aktivo Labs — At Aktivolabs, we believe that healthy people make happy, productive and connected societies and by harnessing the value of science, we can lessen chronic disease and empower people to live long and healthy lives.
  • Sky-Futures — Since 2009, Sky-Futures has established itself as the world’s leading provider of drone-based inspection services to the global industrial markets. Sky-Futures’ end-to-end enterprise solutions including training packages, services and software solutions enable enterprises to perform safe and cost-effective drone inspections of a variety ofvertical infrastructures, including but not limited to the following industries: Oil and Gas; Renewables; Utilities; Power and Civil Engineering. They also offer data analytics and reporting software for drone-based industrial inspections with EXPANSE, an asset inspection platform that allows Enterprise to visualise and analyse all data, from static imagery captured with mobile devices or drones, to historic engineering reports or photogrammetry models. By exploiting the unique characteristics of Drones, Artificial Intelligence and Computer Vision, we help engineers and inspectors to get smarter data with advanced and highly automated tools.Sky-Futures has customers in 28 countries across 5 continents. The business is headquartered in London with offices in Houston, TX in the USA, Kuala Lumpur in Malaysia, Abu Dhabi in UAE and Aberdeen in Scotland.
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Jungle Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Impact startups

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: 165
  • Round size: Seed $604k–$5.2M; Series A $3.3M–$30M; Series B $7M–$45M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • NirogStreet — NirogStreet is the best platform for Ayurveda doctors. Learn and Earn from top Ayurveda Experts and get authentic Ayurvedic medicines at the best deals.
  • NIC Ice Creams
  • Walko — Walko Food Company owns the fast-growing natural ice cream brand NIC. The company operates a manufacturing plant in Pune and retails in over 50 cities across India, via multiple sales channels like food delivery platforms, Modern Trade, Parlors. The ice cream flavors range from fruit, dry fruit variants to international tastes like sea saltedcaramel, Madagascar chocolate, French Vanilla, and the ones inspired by Indian sweetmeats like Gulab Jamun, sheer khurma, til gud, gajar halwa to name a few. The company has also recently launched the desi kulfi brand GRAMEEN.
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Opes Impact Fund
VC Fund · Milano, Lombardia, Italy · 1 investments in Indonesia Impact startups

Opes-Lcef is an impact investor that provides catalytic capital to early-stage social enterprises in emerging markets.

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Investment focus

  • Industry: Communities, Agriculture, Energy
  • Stage:Seed, Series A
  • Geography: Italy, Kenya, India

Investor stats

  • Total investments: 43
  • Round size: Seed $219k–$910k
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Refolo — Refolo is a type B social cooperative that sees social agriculture as having a dual impact: social and environmental. Refolo was created with the aim of creating an agro-ecological and social corridor that runs through the province of Brescia from north to south with the hope that administrations and other communities will come together to generatea positive impact on the environment and the community.Refolo operates in an area located between the municipalities of Brescia, Collebeato, Villa Carcina and Montirone, territories that share the presence of agricultural areas that over the years have been abandoned due to their unsuitability for intensive agriculture and lack of interest by new generations and that are now ready to start again.
  • Ecodudu — Ecodudu is a waste-to-value company. It uses a proprietary innovation to recycle organic waste into high-protein animal feed and organic fertilizer using the black soldier fly. It harnesses insects (nature’s recycling agents) to address global issues which include waste management, demand for protein, and environmental conservation.
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
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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
  • Geography: Vietnam, Indonesia, Singapore

Investor stats

  • Total investments: 9
  • Round size: Series A $3.5M–$3.5M
  • Lead/follow: 78% lead, 22% follow
  • Last fund: Likely still investing — fund raised 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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AC Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 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, agriculturetechnologies, logistics, e-commerce, consumer technology, MSME solutions, waste management, renewable energy, and sustainability solutions.

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Investment focus

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

Investor stats

  • Total investments: 116
  • Round size: Seed $953k–$10M; Series A $5M–$31M; Series B $5M–$87M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Bibit.id — Beli Reksa Dana & Obligasi Negara dengan mudah di aplikasi. Mitra Distribusi SBN Terbaik 2022-2024. Diawasi OJK.
  • 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.
  • Simplus — Simplus offers customers more fashionable and cost-effective small home appliances.
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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, FinTech, Education
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Kenya

Investor stats

  • Total investments: 237
  • Round size: Seed $700k–$3.7M; Series A $2.5M–$15M; Series B $4.8M–$34M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Dailyhunt — Dailyhunt offers personalized news in 14 Indian languages. Stay updated with the latest in news, cricket, football, viral content, entertainment, technology, travel, politics, business, lifestyle, and more. Available on Android, iOS, and the web.
  • SafeTraces — Delivering veriDART, the first field diagnostic platform leveraging aerosol tracers that safely simulate airborne pathogen mobility and exposure levels.
  • Handshake — The largest expert network for learning, earning, and growing careers in the AI economy, giving everyone an accessible first step into an AI-powered career.
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