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Top 45 Travel Startup Investors in Indonesia (September 2026)

The most active venture capital funds and angel investors investing in Indonesia Travel startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Indonesia Travel startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Antler
VC Fund
9 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
East Ventures
VC Fund
8 Japan, Indonesia, Singapore Seed, Series A Software, Information Technology, Internet $263k–$30M
Kopital Ventures
VC Fund
5 Indonesia, Singapore Seed, Pre-Seed, Series A Information Technology, Travel, Mobile $1.8M–$3.5M
Alpha JWC Ventures
VC Fund
4 Indonesia, Singapore, Vietnam Seed, Series A, Series B Information Technology, E-Commerce, FinTech $640k–$153M
Genesia Ventures
VC Fund
3 Japan, Vietnam, Indonesia Seed, Series A, Venture - Series Unknown Information Technology, Software, Artificial Intelligence $404k–$11M
Intudo Ventures
VC Fund
3 Indonesia, Singapore, Hong Kong Seed, Series A, Series B FinTech, Financial Services, Marketplace $500k–$66M
Init 6
VC Fund
2 Indonesia, Singapore, Pakistan Seed, Pre-Seed, Series A Financial Services, Information Technology, FinTech $1M–$18M
AC Ventures
VC Fund
2 Indonesia, Singapore, India Seed, Series A, Series B Financial Services, Information Technology, E-Commerce $1M–$87M
Convergence Ventures
VC Fund
2 Indonesia, Singapore, Taiwan Series A, Seed, Series B Internet, Financial Services, FinTech $1.1M–$60M
Openspace Capital
VC Fund
2 Singapore, Indonesia, Philippines Series A, Series B, Seed E-Commerce, Financial Services, Software $1.7M–$55M
InvestIdea Ventures
VC Fund
2 Indonesia, Vietnam, Singapore Series A, Venture - Series Unknown, Pre-Seed Travel, Education, E-Learning $1.1M–$12M
Agaeti Venture Capital
VC Fund
2 Indonesia, Singapore, Bangladesh Seed, Series A, Series B Peer to Peer, Transportation, Financial Services $1.2M–$28M
Sinar Mas Land
VC Fund
1 Indonesia Seed, Series A, Series B Sales, Travel, Leisure $800k–$36M
Sinar Mas Digital Ventures
VC Fund
1 Indonesia, China, Hong Kong Series A, Seed, Corporate Round SaaS, AgTech, Credit $2M–$105M
Centre Park
VC Fund
1 Indonesia Seed Travel, Leisure, Tourism
UMG IdeaLab
VC Fund
1 Indonesia, Myanmar Seed, Venture - Series Unknown Information Technology, Artificial Intelligence, Software
Benson Creativestment
VC Fund
1 Indonesia Seed, Angel, Series B Restaurants, Food and Beverage, Marketing
MDI Ventures
VC Fund
1 Indonesia, Singapore, United States Seed, Series B, Series A Software, E-Commerce, Information Technology $600k–$66M
SV Investment Corp
VC Fund
1 South Korea, United States, China Series A, Series B, Seed Software, Information Technology, Artificial Intelligence $1.2M–$60M
GK-Plug and Play Indonesia
VC Fund
1 Indonesia, Singapore, United States Seed, Pre-Seed, Series A Software, Financial Services, Artificial Intelligence $50k–$12M
Kakao Investment
VC Fund
1 South Korea, United States, Japan Seed, Series A, Series C Information Technology, Artificial Intelligence, Software $811k–$123M
Kum Hong Siew
Angel
1 Singapore, Indonesia Seed, Series A Travel, Internet, Software $1.7M–$3.5M
030labs
VC Fund
1 Indonesia Pre-Seed SaaS, Travel, Tourism
Traveloka
VC Fund
1 Indonesia, China, Singapore Series A, Series B, Seed E-Commerce, SaaS, Sales $4M–$36M
Peak XV Partners
VC Fund
1 India, United States, Singapore Series A, Series B, Seed Software, Financial Services, E-Commerce $1.6M–$63M
Skystar Capital
VC Fund
1 Indonesia, Singapore, Vietnam Seed, Series A, Series B E-Commerce, Financial Services, FinTech $850k–$60M
Shinhan Venture Investment
VC Fund
1 South Korea, United States, India Venture - Series Unknown, Series B, Series A Manufacturing, Health Care, Biotechnology $1.7M–$78M
Spiral Ventures
VC Fund
1 Japan, Indonesia, India Seed, Series A, Series B E-Commerce, Information Technology, Internet $500k–$15M
Gobi Partners
VC Fund
1 China, Malaysia, Hong Kong Series A, Seed, Series B E-Commerce, Financial Services, Internet $450k–$43M
Provident Capital Partners
VC Fund
1 Singapore, United States, Thailand Seed, Series A E-Commerce, Marketplace, Trading Platform $850k–$38M
Kinesys Group
VC Fund
1 Indonesia Seed, Series A, Series B Information Technology, Audio, Travel $5M–$22M
M Venture Partners (MVP)
VC Fund
1 Singapore, India, Thailand Seed, Pre-Seed, Series A Financial Services, FinTech, Health Care $500k–$18M
AV Ventures
VC Fund
1 Indonesia, Mauritius, United States Seed Credit, Travel, FinTech $790k–$38M
True.
VC Fund
1 United Kingdom, United States, France Seed, Pre-Seed, Series A E-Commerce, Fashion, Retail
Horizons Ventures
VC Fund
1 United States, United Kingdom, Canada Series A, Series B, Seed Biotechnology, Software, Artificial Intelligence $1M–$110M
Sovereign’s Capital
VC Fund
1 United States, Indonesia, Singapore Seed, Series A Software, FinTech, E-Commerce
ACE Capital
VC Fund
1 China, Pakistan, Indonesia Seed, Series A, Series F Travel, Computer, Delivery
Pegasus Tech Ventures
VC Fund
1 United States, Japan, Indonesia Seed, Venture - Series Unknown Software, Artificial Intelligence, Health Care $120k–$58M
Shanda Group
VC Fund
1 United States, China, Israel Seed, Series A, Pre-Seed Artificial Intelligence, Software, Health Care $100k–$44M
Mahanusa Capital
VC Fund
1 Indonesia, Singapore Series A, Seed, Angel Information Technology, SaaS, AgTech $500k–$10M
Northstar Group
VC Fund
1 Indonesia, Singapore, Vietnam Seed, Series B, Series A E-Commerce, Information Technology, FinTech $1.9M–$113M
Gan Kapital
VC Fund
1 Indonesia, Singapore, United States Seed, Pre-Seed, Series A Financial Services, FinTech, Software $50k–$20M
Wahyu Gunawan
Angel
1 Indonesia Pre-Seed Travel, Big Data, Communities
RHL Ventures
VC Fund
1 Malaysia, Singapore, Indonesia Seed, Venture - Series Unknown, Series A E-Commerce, Health Care, Financial Services $500k–$25M
East Pacific Capital Private Limited
VC Fund
1 Malaysia, Indonesia Seed B2B, B2C, SaaS $100k–$5M
Access all 70 investors in Indonesia Travel startups.

Access 48,091 investors

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

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Investor list

Antler
VC Fund · Singapore, Central Region, Singapore · 9 investments in Indonesia Travel startups

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

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Investment focus

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

Investor stats

  • Total investments: 2375
  • Round size: Seed $158k–$4.5M; Pre-Seed $100k–$588k; 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

  • ReportsAI — ReportsAI is an impact operating system that automates data collection and reporting for NGOs and industry to ensure audit-ready compliance.
  • RubiLabs — RubiLabs Inc provides a platform for unifying, monitoring, and analyzing organizational data. RubiLabs software enables analysts and operators across risk, compliance, and security teams to collaborate and interpret large volumes of information in real time. The company’s platform is designed to help institutions make sense of complex, fragmenteddata by transforming it into a coherent operational picture for risk detection, continuous monitoring, and investigative workflows.
  • Occam Industries — Modernising automation for modern conflict environments. Sole European supplier to the Ukrainian front line.
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East Ventures
VC Fund · Tokyo, Tokyo, Japan · 8 investments in Indonesia Travel 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: 650
  • Round size: Seed $263k–$6.2M; Series A $2M–$30M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • Hyper8 — Hyper8 has been expanding Mespo through profits earned by operating social events.
  • 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.
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Kopital Ventures
VC Fund · Yogyakarta, Yogyakarta, Indonesia · 5 investments in Indonesia Travel startups

Southeast Asian venture capital firm backing extraordinary founders from Day 0. Transforming regional innovation into global impact.

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Investment focus

  • Industry: Information Technology, Travel, Mobile
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Indonesia, Singapore

Investor stats

  • Total investments: 10
  • Round size: Seed $1.8M–$3.5M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely still investing — raised $12M in 2023

Portfolio highlights

  • Bumame — Bumame menghadirkan layanan kesehatan terpadu, medical check up, vaksinasi, konsultasi dokter, dan informasi kesehatan.
  • SPUN — The most reliable online visa platform in Indonesia with 24/7 dedicated assistance and money-back guarantee.
  • SeIndonesia — Se’Indonesia is a fastest growing Indonesian Quick Service Restaurant chain. providing high-quality protein that is flavorful, nutritious, accessible, and affordable. The company specializes in smoked beef bowls, leveraging a proprietary smoking process that delivers distinct taste and aroma rooted in Indonesian culinary tradition.Founded with avision to revolutionize the food industry, Se’Indonesia emphasizes product integrity, operational scalability, and efficient delivery formats. Through its commitment to honest cooking and accessible nutrition, the company is positioned to lead the next generation of quick-service food solutions across Indonesia and beyond.
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Alpha JWC Ventures
VC Fund · Jakarta Pusat, Jakarta Raya, Indonesia · 4 investments in Indonesia Travel 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: Likely still investing — 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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Genesia Ventures
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Indonesia Travel 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: 239
  • Round size: Seed $462k–$4.8M; Series A $1.2M–$11M; Venture - Series Unknown $404k–$2.1M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $110M in 2022

Portfolio highlights

  • Beff — Beff is a company that focuses on Global AI and battery development. It intends to reduce material waste and CO2 emissions during battery production and secure resources in a sustainable manner.
  • 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 · 3 investments in Indonesia Travel 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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Init 6
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Travel startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Monit — Monit menggabungkan manajemen kas, pembayaran bisnis, kontrol pengeluaran, dan kartu kredit korporat dalam satu pengalaman terintegrasi
  • Torch — Torch provides solutions to various worries and difficulties that people usually encounter when traveling with travels gears.
  • One% Nutrition — One% Nutrition is a food and beverage brand focused on health and wellness.
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AC Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Travel 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: Financial Services, Information Technology, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, India

Investor stats

  • Total investments: 156
  • Round size: Seed $1M–$7M; Series A $4M–$35M; Series B $12M–$87M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely actively investing — fresh fund, raised $8M in 2025

Portfolio highlights

  • Blostem — Blostem provides fintech solutions, focusing on seamless fixed deposit integration for financial services platforms. The company offers an embedded investment platform and white-label solutions, catering to fintechs, wealth tech platforms, investment advisors, and digital companies. Blostem aims to enhance customer experience through innovativefinancial growth and security solutions.
  • Shiok Burger — Shiok Burger is a food and beverages company that provides baked buns and an innovative burger menu.
  • ASTRO — Situs Belanja Kebutuhan Harian Online dengan Harga Terjangkau dan Kualitas Terbaik. Pesan Kebutuhan Harian di ASTRO Pasti Sampai dalam Hitungan Menit
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Convergence Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Travel 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: 62
  • Round size: Seed $1.1M–$3M; Series A $1.5M–$20M; Series B $7.5M–$60M
  • Lead/follow: 16% lead, 84% 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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Openspace Capital
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Travel 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: 136
  • Round size: Seed $2.6M–$13M; Series A $1.7M–$20M; Series B $10M–$55M
  • Lead/follow: 38% lead, 62% 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 combines extensive on-chain data with powerful off-chain insights to provide a customisable, AI-driven due diligence and monitoring solution
  • Video Rebirth — Video Rebirth Limited is a private limited company that is established with shares.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
InvestIdea Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Travel startups

InvestIdea Ventures provides capital for product development through technology, and mentorship to its investees. The company specializes in accelerating early-stage web and mobile application and tech companies. It does seed and startup funding, as well as offers advise and support services to entrepreneurs trying to grow their own startups.InvestIdea Ventures addresses market inefficiencies and provides quality experiences by disrupting the status quo of existing value chains. InvestIdea Ventures was founded in 2011 and is headquartered in Jakarta, Indonesia.

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Investment focus

  • Industry: Travel, Education, E-Learning
  • Stage:Series A, Venture - Series Unknown, Pre-Seed
  • Geography: Indonesia, Vietnam, Singapore

Investor stats

  • Total investments: 11
  • Round size: Series A $1.1M–$12M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • STG Solution — AISuViet is an advanced AI application developed by STG Solution, designed to answer questions about Vietnamese history. AISuViet provides accurate and detailed responses, making it an invaluable tool for students, researchers, and history enthusiasts alike. The application offers easy access to a wealth of historical information, helping usersexplore and understand Vietnam's rich heritage. With AISuViet, STG Solution aims to enhance the learning experience and promote a deeper appreciation for Vietnam's history and culture.
  • Member.id — Your company was build by a team of people who gets geeky about collecting points, They are avid travelers and consumers who have experienced first-hand the benefits of staying loyal to a brand. We feel that other people should be able to experience the same advantage. That is why member.id was conceived. Our mission is to change the loyaltylandscape in Indonesia by offering capabilities ranging from loyalty program strategy development, design, management and analytics.
  • HaloBestie — Curhat bersama konselor sebaya melalui aplikasi.
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Agaeti Venture Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Travel 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 can move you forward. One app for your success, earning, betterment, comfort, easy going lifestyle and many more. Keep #MovingSafely
  • 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 — Onic Esports is an e-sports organization that specializes in offline and online games such as mobile, pc, and more. They manage competitive esports division teams in Mobile Legends: Bang Bang, PUBG Mobile, Valorant, and Free Fire. Onic Esports was founded by Rob Clinton Kardinal in 2018 in Jakarta, Indonesia.
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Sinar Mas Land
VC Fund · Tangerang, Jawa Barat, Indonesia · 1 investments in Indonesia Travel startups

Sinar Mas Land is the largest and most diverse property developer in Indonesia with rich experience of more than 50 years in the field of property development.

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Investment focus

  • Industry: Sales, Travel, Leisure
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia

Investor stats

  • Total investments: 6
  • Round size: Seed $800k–$12M; Series B $6M–$36M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • SIRCLO — SIRCLO is a leading omnichannel commerce enabler in Indonesia, driven by the mission to unlock the digital potential of people and businesses.
  • Brik — Dari beton ready mix hingga cat dinding, Semua ada di BRIK! Solusi terpercaya untuk semua kebutuhan bahan bangunan berkualitas tinggi dengan harga ekonomis! Cek BRIK sekarang untuk wujudkan rumah impian Anda!
  • Ride Jakarta — Indonesia based Boutique fitness and indoor cycling studio.
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Sinar Mas Digital Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Travel startups

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

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Investment focus

  • Industry: SaaS, AgTech, Credit
  • Stage:Series A, Seed, Corporate Round
  • Geography: Indonesia, China, Hong Kong

Investor stats

  • Total investments: 7
  • Round size: Series A $2M–$105M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Jala Tech — JALA helps shrimp farmers increase cultivation production and efficiency in the shrimp industry.
  • Paxel.co — Kirim Sameday Delivery antarkota dengan ongkir FLAT s/d 5 kg hingga kirim paket berat s/d 20kg pakai PaxelBig. Ada Jaminan Makanan Aman bahkan untuk Frozen Food
  • Ride Jakarta — Indonesia based Boutique fitness and indoor cycling studio.
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Centre Park
VC Fund · Coimbatore, Tamil Nadu, India · 1 investments in Indonesia Travel startups

Centre Park is a Service Apartment complex that provides guests with unrivaled services and amenities. Their goal is to provide world-class hospitality and luxurious accommodations for as little as a dollar and to be the industry benchmark for service standards.

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Investment focus

  • Industry: Travel, Leisure, Tourism
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Ride Jakarta — Indonesia based Boutique fitness and indoor cycling studio.
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UMG IdeaLab
VC Fund · Karet Teng Sien, Jakarta Raya, Indonesia · 1 investments in Indonesia Travel 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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Benson Creativestment
VC Fund · 1 investments in Indonesia Travel startups

Benson Creativestment is a strategic early-stage investor in the field of creative industries, from fashion to beauty.

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Investment focus

  • Industry: Restaurants, Food and Beverage, Marketing
  • Stage:Seed, Angel, Series B
  • Geography: Indonesia

Investor stats

  • Total investments: 17
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • FlexyPack — FlexyPack is the first tech-driven on-demand digital flexible packaging based in Indonesia. Our mission is to thrive millions of SMEs through affordable and high quality flexible packaging.
  • Artotel Group — Artotel Group is built from a passion for promoting local art and creative hospitality. with a wide range of hotel brands, and merchandise. focusing its service for pleasure seeker, smart traveller, and artsy persona who appreciate value for money experience. by highlighting outstanding design and original artwork all over the premises, and hopescustomers will have a complete fulfillment and be inspired to move forward.
  • Semesta Akademi — Trusted across industries, Semesta Business delivers research, consulting, training, events, and AI-driven solutions to accelerate growth & drive lasting impact.
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MDI Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Travel startups

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

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Investment focus

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

Investor stats

  • Total investments: 139
  • Round size: Seed $600k–$6.4M; Series A $3.5M–$35M; Series B $8.2M–$66M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $200M in 2023

Portfolio highlights

  • CYFIRMA — CYFIRMA, offers market-leading cyberthreat visibility products and services, powered by artificial intelligence (AI) and machine learning, CYFIRMA’s flagship platform delivers comprehensive, real-time insights into emerging cyberthreats, attack motives and methods—customized to a client’s industry and IT environment.CYFIRMA defends againstcyberattacks by supplying organizations with real-time threat visibility and situational awareness to enables them to take a more proactive strategic, management and tactical security management actions. By aggregating, correlating and analyzing information from hundreds of thousands of sources on the open and dark web, CYFIRMA helps clients anticipate what types of attacks are most likely to occur and provide the most effective response.
  • Panviva — Connect, Collaborate and Communicate with your employees and customers like never before. Panviva provides complete and innovative knowledge management solutions focused on streamlining and making information more accessible.
  • Whale — Whale provides an omnichannel marketing platform that transforms marketing operations, digitalizes store operations and unifies offline & online brand experiences leveraging AI + IoT + Big Data to “Connect Brands with Customer”.Founded in 2017, Whale has since empowered 400+ global FMCG, F&B, Fashion and Automotive brands includingP&G, Unilever, Starbucks, UNIQLO, ARMANI, Watsons, Xiaomi, Midea, Lotus, POP MART etc. with over 150,000 stores across APAC, enabling brands to embrace the full potential of digital transformation.Equipped with AI capabilities, patented ReID technology and enterprise-grade security, Whale platforms comprising of Space Data Platform (SDP), Whale Marketing Cloud (WMC), Whale Open Platform (WOP) and Whale Analytics, serve as the end-to-end digitalization engine that enables brands to seamlessly engage with each customer.Whale is backed by Temasek Holding, NIO Capital, Source Code Capital, Linear Capital, Alpha Commune, BAI Capital and The Jiangmen, with 6 offices across Singapore, Hangzhou, Shanghai, Beijing and Shenzhen.
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SV Investment Corp
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in Indonesia Travel startups, 15 in the past 12 months

SV Investment Corp is a venture capital firm that provides companies with finance, strategic advice and information at critical stages of their development.

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Investment focus

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

Investor stats

  • Total investments: 112
  • Round size: Seed $1.2M–$31M; Series A $2.8M–$36M; Series B $7.5M–$60M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Linq — We are creating ‘hyper-automated insurance platforms’ to comprehensively support underwriters and claim adjusters and to facilitate communication between insurers and reinsurers using AI and deep learning.
  • Inserasolution — Inserasolution produces high-performance Fast & Fine Steering Mirrors for laser-based space optical communications and sophisticated defense systems.
  • KaliVir Immunotherapeutics — multiple therapies, one virus.KALIVIR is developing cutting edge, next-generation oncolytic viral immunotherapy programs for treatment of cancer. LEARN MORE NEWS AND EVENTSAugust 19, 2026 - KaliVir Immunotherapeutics Announces Closing of $14 Million Series A Extension Financing READ MORE November 19, 2025 - KaliVir Immunotherapeutics Announces Clinical Trial Collaboration and Supply Agreement with Roche to Evaluate
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GK-Plug and Play Indonesia
VC Fund · Setiabudi, Jakarta Raya, Indonesia · 1 investments in Indonesia Travel 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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Kakao Investment
VC Fund · Seongnam, Kyonggi-do, South Korea · 1 investments in Indonesia Travel 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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Kum Hong Siew
Angel · Singapore, Central Region, Singapore · 1 investments in Indonesia Travel startups

Kum Hong Siew is a Chief Operating Officer, Airbnb China.

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Investment focus

  • Industry: Travel, Internet, Software
  • Stage:Seed, Series A
  • Geography: Singapore, Indonesia

Investor stats

  • Total investments: 5
  • Round size: Seed $1.7M–$3.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Truely Travel eSIM — Stay connected everywhere with Truely eSIM.
  • Ottodot — Master every Science & Math concept through Ottodot Online Tuition. Designed based on the Singapore MOE syllabus with experienced MOE teachers. For kids 5-12 year olds.
  • SPUN — The most reliable online visa platform in Indonesia with 24/7 dedicated assistance and money-back guarantee.
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030labs
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Indonesia Travel startups

Web2.5 Company Builder and Angel Pool

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Investment focus

  • Industry: SaaS, Travel, Tourism
  • Stage:Pre-Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Mybookr.io — Take your business to the next level. Streamline your operations, increase your profits, and create outstanding guest experiences with https://t.co/sriBDDV2AG. SAVE $$$ NOW
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Traveloka
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Travel startups

Traveloka is an online travel aggregator that helps customers choose and book their next travel location.Traveloka is an Indonesian flight search engine covering mostly domestic routes and airlines. The company is is expanding its reach by operating in six countries and experimenting with new endeavors that will create large impact in the marketsand industries they touch.

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Investment focus

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

Investor stats

  • Total investments: 6
  • Round size: Series B $4M–$36M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • SIRCLO — SIRCLO is a leading omnichannel commerce enabler in Indonesia, driven by the mission to unlock the digital potential of people and businesses.
  • Member.id — Your company was build by a team of people who gets geeky about collecting points, They are avid travelers and consumers who have experienced first-hand the benefits of staying loyal to a brand. We feel that other people should be able to experience the same advantage. That is why member.id was conceived. Our mission is to change the loyaltylandscape in Indonesia by offering capabilities ranging from loyalty program strategy development, design, management and analytics.
  • PouchNATION — PouchNATION is a SaaS company for cashless and guest management solutions digitising the venues and events operations using intelligent NFC wearable technology in Southeast Asia. We aim to empower business owners to operate worry-free in the future.
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Peak XV Partners
VC Fund · Bengaluru, Karnataka, India · 1 investments in Indonesia Travel startups

We help the daring build legendary companies.

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Investment focus

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

Investor stats

  • Total investments: 852
  • Round size: Seed $1.6M–$11M; Series A $5.8M–$27M; Series B $10M–$63M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely actively investing — fresh fund, raised $1.3B in 2026

Portfolio highlights

  • Clouted — Clout Kitchen is THE Virality Engine for brands and creators, designing data-driven viral campaigns with distribution marketing.
  • PowerUp Money — Select, review, and rebalance your mutual funds with expert advice & 20 years of data. PowerUp Money helps you keep your portfolio in top form.
  • Neo Asset Management — India's Premier New Age Asset Management and Financial Advisory Firm #neogroup #DoGood
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Skystar Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Travel 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: 61
  • Round size: Seed $850k–$5M; Series A $3M–$11M; Series B $6M–$60M
  • Lead/follow: 25% lead, 75% 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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Shinhan Venture Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in Indonesia Travel startups

Shinhan Venture Investment operates as an investment company. Shinhan Venture Investment focuses on earlier-stage venture capital investments and later-stage control investments opportunities derived from the latest megatrends such as the aging population, disruptive technologies, IT convergence, alternative energy and etc.

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Investment focus

  • Industry: Manufacturing, Health Care, Biotechnology
  • Stage:Venture - Series Unknown, Series B, Series A
  • Geography: South Korea, United States, India

Investor stats

  • Total investments: 238
  • Round size: Series A $2.5M–$26M; Series B $4.5M–$45M; Venture - Series Unknown $1.7M–$78M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Return Zero — AI, ASR, Diarization, Speech, ML
  • Linq — We are creating ‘hyper-automated insurance platforms’ to comprehensively support underwriters and claim adjusters and to facilitate communication between insurers and reinsurers using AI and deep learning.
  • Inserasolution — Inserasolution produces high-performance Fast & Fine Steering Mirrors for laser-based space optical communications and sophisticated defense systems.
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Spiral Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Travel 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.
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Gobi Partners
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 1 investments in Indonesia Travel startups

Gobi Partners is an Asia-focused VC backing early to growth stage startups. US$1.6B AUM, 400+ companies, 75 exits. Strategic guidance, founder network available.

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Investment focus

  • Industry: E-Commerce, Financial Services, Internet
  • Stage:Series A, Seed, Series B
  • Geography: China, Malaysia, Hong Kong

Investor stats

  • Total investments: 413
  • Round size: Seed $450k–$8M; Series A $1.7M–$20M; Series B $5.5M–$43M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $1.3B in 2023

Portfolio highlights

  • Hermo — A beauty collection with the best deals. Official Flagship Store partner : Yadah, Bonanza, Redergen, SkinBasic Group, Bliv and etc
  • Yuan Planet — Youdi is a second-hand auto parts trading platform.
  • Camera360 — Camera360 is a professional but easy-to use App for photo editing and selfie retouching. Tag #camera360
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Provident Capital Partners
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Travel startups

Investment conglomerate with investments across a variety of industries, including telecommunications infrastructure, mining, real estate and biofuels. Together with its partners, Provident has founded and built three multi-billion dollar businesses in Indonesia, namely, Tower Bersama, Merdeka Copper Gold, and JD.ID.

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Investment focus

  • Industry: E-Commerce, Marketplace, Trading Platform
  • Stage:Seed, Series A
  • Geography: Singapore, United States, Thailand

Investor stats

  • Total investments: 10
  • Round size: Seed $850k–$38M; Series A $7.1M–$7.1M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: May invest from a new fund soon — raised $200M in 2019

Portfolio highlights

  • Agridence — Agridence provides you the future of agricultural commodity trading. We are at the vanguard of digitalising global agri-commodity supply chains to create a data-rich, technology-powered ecosystem. This digital transformation enables more in-depth monitoring of the supply chain to identify environmental, social, and financial concerns, allowing fortargeted responses. At Agridence, we employ technology to increase data transparency and trust. We give industry intelligence and insights to help our customers make better decisions. We try to uncover difficulties and provide solutions that will change the way commodities are produced and exchanged.Agridence is a technology company that offers tailored solutions for various agribusiness needs. We help the agricultural commodity industry implement sustainable procurement and traceability.
  • Maka Motors — MAKA Motors berkomitmen untuk menyediakan sepeda motor listrik paling enak di Indonesia, memberikan pengalaman berkendara menyenangkan
  • HeveaConnect — Discover the forefront of rubber trading innovation on our platform. Harness the power of technology and EUDR compliance as we reshape the rubber industry. Elevate your supply chain, transparency, traceability, sustainability, and procurement practices with our advanced digital tools. Join us for a seamless trading experience where innovation meets the rubber market's evolving demands.
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Kinesys Group
VC Fund · 1 investments in Indonesia Travel startups

Kinesys group provide funding and strategic support to early-stage tech startups with a mission to advance human intelligence.

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Investment focus

  • Industry: Information Technology, Audio, Travel
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia

Investor stats

  • Total investments: 13
  • Round size: Series A $5M–$22M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2021

Portfolio highlights

  • Dailybox — A local (Indonesia) brand that focused on delivering a varieties of dishes in a form of a rice box. Fast and Affordable.
  • Noice — Audio content platform
  • Maka Motors — MAKA Motors berkomitmen untuk menyediakan sepeda motor listrik paling enak di Indonesia, memberikan pengalaman berkendara menyenangkan
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M Venture Partners (MVP)
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Travel startups

We support entrepreneurs across Southeast Asia, and selectively India.

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Investment focus

  • Industry: Financial Services, FinTech, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Singapore, India, Thailand

Investor stats

  • Total investments: 71
  • Round size: Seed $1M–$6M; Pre-Seed $500k–$5M; Series A $3.3M–$18M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $55M in 2022

Portfolio highlights

  • Cube Asia — Cube Asia helps the world's leading brands, investors, and consulting firms access best-in-class e-commerce market data and insights.
  • Intellend — Revolutionizing MSME lending in India with risk-first embedded financing platform. Working capital solutions with transparent pricing and flexible repayment.
  • House Of Zelena — Premium Maternity dresses, Feeding Kurtis, Innerwear, Feeding Bras, Maternity Leggings and more at House of Zelena, India's most innovative Maternity wear brand
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AV Ventures
VC Fund · Washington, District of Columbia, United States · 1 investments in Indonesia Travel startups

AV Ventures is ACDI/VOCA’s for-profit subsidiary. AV Ventures provides innovative, catalytic financing to agribusiness small and medium enterprises (SMEs).

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Investment focus

  • Industry: Credit, Travel, FinTech
  • Stage:Seed
  • Geography: Indonesia, Mauritius, United States

Investor stats

  • Total investments: 3
  • Round size: Seed $790k–$38M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Plentina — Plentina is a fintech startup accelerating access to credit in emerging markets. We enable consumers to build their credit history while making easier payments to their favorite merchants.
  • AgroCenta — AgroCenta is an online platform that connects the smallholder farmer in the staple food (rice, maize, millet and soybean) value chain to a wider online market to trade
  • Maka Motors — MAKA Motors berkomitmen untuk menyediakan sepeda motor listrik paling enak di Indonesia, memberikan pengalaman berkendara menyenangkan
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True.
VC Fund · London, England, United Kingdom · 1 investments in Indonesia Travel startups

A unique model for investing, innovating & growing

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Investment focus

  • Industry: E-Commerce, Fashion, Retail
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 67
  • Lead/follow: no public data

Portfolio highlights

  • Fable — Fable Home dinnerware brings people together for love, laughter, and storytelling by delivering gorgeous cutlery, tableware, and glassware at affordable prices.
  • Shellworks — Reimaging nature's packaging with beautifully sustainable, truly compostable alternatives to plastic for cosmetics and beauty products.
  • Awe Inspired — We believe in fine jewelry as a vehicle for empowerment. Shop our collection of goddess necklaces, coin necklaces, earrings, bracelets, rings and more.
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Horizons Ventures
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 1 investments in Indonesia Travel startups

Investing in the deep science and technology that can propel humanity towards a radically better future.

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Investment focus

  • Industry: Biotechnology, Software, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 326
  • Round size: Seed $1M–$10M; Series A $6M–$47M; Series B $10M–$110M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • HZO — HZO delivers customized protective nano and conformal coatings that safeguard electronics from the most demanding environments. It provides water protection solutions for electronics manufacturers by introducing a durable film to components during assembly. The company specializes in the fields of nanotechnology, waterproofing, electronics,nano-coating, full-submersion.It was founded in 2011 and headquartered in Morrisville, North Carolina.
  • Magisto — Magisto online video editor is a fast & powerful video maker. Turn your photos and video clips into video stories with Magisto movie editor. Start free!
  • Jobspotting — Jobspotting is a recommendations engine that suggests relevant jobs to users based on their skills and experience. The engine is powered by Skills Graph and Semantic Analysis technology. The company was founded in 2013 in Berlin, Germany by ex-Googlers Hessam Lavi, Jan Backes and Manuel Holtz. Robin Haak joined the founding team in 2014 aftermeeting them through the Axel Springer Plug and Play Accelerator Programme, of which he was a co-founder. Jobspotting successfully acquired seed funding.
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Sovereign’s Capital
VC Fund · Raleigh, North Carolina, United States · 1 investments in Indonesia Travel startups

We provide capital and strategic partnership to values-driven, market-leading companies with potential for outsized returns for all stakeholders. We invest in two market segments: profitable, lower middle market companies (with $10 million to $100 million in revenue, and $2.5 million to $10 million in owner earnings) and promising, early-stagetechnology companies (with $500,000 to $5 million in annual recurring revenue). We are distinct in our capacity to match values-motivated entrepreneurs with values-aligned investors, our ability to hold investments long-term, our willingness to customize solutions to owner needs, and our ability to drive value through disciplined strategic, operational, and financial partnership.We have investment team members based in Silicon Valley, CA; Atlanta, GA; Chattanooga, TN; Raleigh, NC; and Jakarta, Indonesia.

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Investment focus

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

Investor stats

  • Total investments: 74
  • Lead/follow: no public data

Portfolio highlights

  • Komunal — Komunal is a financial technology-based company that provides Peer-to-Peer Lending services in Indonesia which helps create relationships between potential SME and funders to support economic growth in Indonesia.
  • Relay — Relay is the radio that does everything your walkie talkie can't. Panic button, GPS Tracking, Translating, Work Tracking, Real-Time data and insights.
  • Trade Lenda — With Trade Lenda, get quick finance in Nigeria without collateral.
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ACE Capital
VC Fund · Taichung, T'ai-wan, Taiwan · 1 investments in Indonesia Travel startups

ACE Capital was created as a tech focused venture capital firm, headquartered in Taiwan, primarily focused on investments into seed and early stage companies, mostly in North and South East Asia. Their investment decisions is centered around the 3 key importances: the timing of the startup’s product and services, the founders and core team, and thetotal addressable market of the business.

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Investment focus

  • Industry: Travel, Computer, Delivery
  • Stage:Seed, Series A, Series F
  • Geography: China, Pakistan, Indonesia

Investor stats

  • Total investments: 5
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Yuanxin Huibao — Yuanxin Huibao is a health insurance technology service provider. It provides insurance for health care in major areas such as major diseases and chronic diseases. It provides users with more reliable medical and medical services and is more insurance. The company offers solutions such as “product actuarial pricing, risk control, user acquisitionand viscosity”.
  • Airlift Technologies — Founded in 2019, Airlift is on a mission to build a world of self-empowerment using technology-backed logistics solutions that enable safe, reliable and affordable access to necessities. Airlift scaled Pakistan's largest decentralized transportation network to change the way people move, shifting away from private vehicles towards sharedmobility and affordable mass transport. In 2020, Airlift diversified into last-mile delivery through Airlift Express, delivering essentials across households in 30 minutes across Lahore, Karachi, Islamabad and Rawalpindi. Airlift Express spans across food supplies, household supplies, pharmacy, stationery, pet food, fresh fruits and vegetables, small electronics and more. On this mission to enable self-empowerment in the region, Airlift is backed by First Round Capital and has recently raised over $24m in financing.
  • Neuron Mobility — Electric Mobility, Mobility Sharing, Micro-EV charging, Transport IoT
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Pegasus Tech Ventures
VC Fund · San Jose, California, United States · 1 investments in Indonesia Travel startups

Pegasus Tech Ventures is a global venture capital firm based in Silicon Valley, offering intellectual and financial capital to exceptional emerging technology companies around the world.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, Japan, Indonesia

Investor stats

  • Total investments: 307
  • Round size: Seed $120k–$5M; Venture - Series Unknown $1.7M–$58M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: Likely actively investing — fresh fund, raised $50M in 2026

Portfolio highlights

  • ABIVIN — Operate your business more efficiently, manage fleets in real-time, save up to 30% logistics costs with Abivin vRoute - Transportation Management System.
  • LINK-US — LINK-US focuses on the contract sales of various devices applying ultrasonic combined vibration and powerful ultrasonic technology. LINK-US designs and manufactures bonding equipment for a wide range of similar and dissimilar metal materials related to room temperature bonding technology using ultrasonic compound vibration and various equipmentthat employs these technologies.
  • AZUL Energy — AZUL Energy is a next-generation energy device that improves air battery performance, develops air battery-related products, and proposes eco-friendly and comfortable new lifestyles. They discovered that a catalyst electrode containing one of these pigments performed better than platinum carbon or existing catalyst electrode materials.
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Shanda Group
VC Fund · Menlo Park, California, United States · 1 investments in Indonesia Travel startups

Shanda Group is a private investment firm that was founded in 1999 by Tianqiao Chen and Chrissy Luo. The company works across venture capital, private equity, public markets, and real estate, prioritizing investments in the financial services, technology, and healthcare sectors. Shanda has offices in Shanghai, Hong Kong, New York, Singapore andMenlo Park. It invests in innovative companies and great management teams that have the vision and determination to change the world.

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Investment focus

  • Industry: Artificial Intelligence, Software, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, China, Israel

Investor stats

  • Total investments: 42
  • Round size: Seed $839k–$11M; Pre-Seed $100k–$750k; Series A $5.6M–$44M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • MiroFish — The World's First Open-Source Swarm Agent Prediction System. Web: https://t.co/F7gQDy0yXO Github: https://t.co/9MhcLAIs7N Discord: https://t.co/wCnMAT2I8f IG: @mirofish_ai
  • Buildroid — Autonomous steel factories. A new Steel Robotics experience is on the way.
  • Trener Robotics — Trener Robotics develops AI software that enables industrial robots to operate autonomously, adapt to variability, and deploy faster in manufacturing.
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Mahanusa Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Travel startups

PT Mahanusa Capital, through its subsidiaries, provides investment banking, securities brokerage, property management, and consumer financing services. The firm’s subsidiaries include Mahanusa Securities, Mahanusa Investment Management, and Magna Finance. PT Mahanusa Capital was founded in 1999 and is based in Jakarta, Indonesia.

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Investment focus

  • Industry: Information Technology, SaaS, AgTech
  • Stage:Series A, Seed, Angel
  • Geography: Indonesia, Singapore

Investor stats

  • Total investments: 11
  • Round size: Seed $500k–$7.7M; Series A $5.6M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Plugo — Indonesia's e-commerce platform for all businesses. Start, manage, and grow your business. Build your own online store website.
  • Volantis Technology — Volantis Technology is a information technology company located in Jakarta.
  • DELOS — Leading the Indonesia Blue Revolution. We are at the forefront of aquaculture shrimp farming & sustainable lobster fishing industry.
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Northstar Group
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Travel startups

Northstar Advisors is a fund management company in Singapore that offers private equity & venture capital funds for financial & digital industries. Inquire today!

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Investment focus

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

Investor stats

  • Total investments: 41
  • Round size: Seed $2.3M–$38M; Series A $1.9M–$42M; Series B $15M–$113M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — raised $140M in 2023

Portfolio highlights

  • Orange Dental — Orange Dental offers dentistry services for patients of all ages. Their dental care services include dental braces, oral health, bleaching, orthodontics, dentures, veneers, teeth whitening, children's dental care, and so on.
  • Salmon — Salmon is a financial technology group focusing on making finance accessible and easy for consumers. They offer various financial services including loan options.
  • Infra Fiber Teknologi — PT Infra Fiber Teknologi (IFT) is an independent, open-access fiber digital infrastructure platform and the company operates as a major wholesale provider of high-capacity carrier-grade fiber optic networks. It is strategically positioned as a core catalyst for the nation’s digital transformation and AI-ready ecosystem.
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Gan Kapital
VC Fund · 1 investments in Indonesia Travel 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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Wahyu Gunawan
Angel · Pasir, Jawa Tengah, Indonesia · 1 investments in Indonesia Travel startups

Wahyu Gunawan

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Investment focus

  • Industry: Travel, Big Data, Communities
  • Stage:Pre-Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Pejalan — Pejalan is a communities-based tourism directory of Indonesia.Pejalan is a digital interaction platform/application that allows users to share information (Photos, Videos, Articles), post & sell their travel packages, provide recommendations as well as reservation on tourism locations; tourism destination, places to eat & drink, andplaces to stay specifically in Indonesia travel destination. We help our community uplift people and economies through travel entrepreneurship.Pejalan is specifically focused on developing Indonesian tourist destinations. Our vision is to create Big Data for Indonesia tourism.
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RHL Ventures
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 1 investments in Indonesia Travel startups

RHL Ventures is a Multi-Stage Venture Capital Investing Across Southeast Asia based in Malaysia. We invest actively from Series A across different asset classes and industries.

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Investment focus

  • Industry: E-Commerce, Health Care, Financial Services
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Malaysia, Singapore, Indonesia

Investor stats

  • Total investments: 22
  • Round size: Seed $500k–$13M; Series A $1M–$25M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $72M in 2022

Portfolio highlights

  • Ouch — Ouch specializes in insurance services in Kuala Lumpur, Malaysia.
  • RPG Commerce — RPG was established in 2017 to build the next generation of global consumer brands by disrupting the retail industry.
  • Yisheng — Yisheng is a digital service platform for door-to-door car washing.
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East Pacific Capital Private Limited
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Travel startups

Venture capital in Asia and Latin America

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Investment focus

  • Industry: B2B, B2C, SaaS
  • Stage:Seed
  • Geography: Malaysia, Indonesia

Investor stats

  • Total investments: 3
  • Round size: Seed $100k–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tune Protect — Tune Protect is a digital insurance provider that underwrites and reinsures non-life insurance products through its subsidiary companies. The company operates two core businesses; an online business, through which it sells insurance products to customers in more than 20 different markets as part of their online booking process with its onlinepartners or directly with offices in Kuala Lumpur and Dubai, and a general insurance business in Malaysia and Thailand, through its subsidiaries Tune Protect Malaysia and Tune Protect Thailand respectively.
  • WHIP Mobility — Disruptive SAAS platform in automotive retail
  • HOTEL NIDA — HOTEL NIDA is ASEAN's fastest growing hotel chain
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Travel Investor funding in Indonesia at a glance

Stats across 41 deals from 70 investors.

70
investors
in Indonesia Travel startups
41
deals
in Indonesia Travel startups
$1.5M
median round
in Indonesia Travel startups
36%
lead investors
lead at least one round
49%
Seed
most common funding stage
97/3
VC / Angel
share of investor count

Access all 70 investors in Indonesia Travel startups.

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