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Top 30 Travel VC Funds & Investors in Indonesia (July 2026)

The most active venture capital funds 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 $108k–$28M
Kopital Ventures
VC Fund
5 Indonesia, Singapore Seed, Pre-Seed, Series A Information Technology, Travel, Mobile $1.8M–$3.5M
East Ventures
VC Fund
4 Japan, Indonesia, Singapore Seed, Series A Software, Information Technology, Internet $560k–$38M
Genesia Ventures
VC Fund
2 Japan, Vietnam, Indonesia Seed, Series A Information Technology, Software, Health Care $774k–$50M
Alpha JWC Ventures
VC Fund
2 Indonesia, Singapore, Vietnam Seed, Series A, Series B Information Technology, E-Commerce, Financial Services $1.5M–$139M
Convergence Ventures
VC Fund
2 Indonesia, Singapore, Taiwan Series A, Seed, Series B Financial Services, FinTech, Internet $120k–$27M
Openspace Capital
VC Fund
2 Singapore, Indonesia, Philippines Series A, Series B, Seed E-Commerce, Financial Services, Software $1.9M–$35M
Intudo Ventures
VC Fund
2 Indonesia, Singapore, Hong Kong Seed, Series A, Series B FinTech, Financial Services, Marketplace $845k–$66M
Shinhan Venture Investment
VC Fund
1 South Korea, United States, Japan Series B, Series A Biotechnology, Manufacturing, Software $2.2M–$45M
SV Investment Corp
VC Fund
1 South Korea, United States, China Series A, Series B, Seed Software, Information Technology, Artificial Intelligence $1.2M–$60M
East Pacific Capital Private Limited
VC Fund
1 Malaysia, Indonesia Seed B2B, B2C, SaaS $100k–$5M
Gobi Partners
VC Fund
1 China, Malaysia, Hong Kong Series A, Seed, Series B E-Commerce, Financial Services, Internet $709k–$37M
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 $10M–$20M
AV Ventures
VC Fund
1 Indonesia, Mauritius, United States Seed Credit, Travel, FinTech $790k–$38M
Peak XV Partners
VC Fund
1 India, United States, Singapore Series A, Series B, Seed Software, Financial Services, E-Commerce $1.7M–$75M
AC Ventures
VC Fund
1 Indonesia, Singapore, India Seed, Series A, Series B E-Commerce, Financial Services, Information Technology $963k–$87M
GK-Plug and Play Indonesia
VC Fund
1 Indonesia, Singapore, United States Seed, Pre-Seed, Series A Software, Financial Services, Artificial Intelligence $50k–$12M
Mahanusa Capital
VC Fund
1 Indonesia Seed, Angel, Series A Information Technology, SaaS, Energy $500k–$9M
Kakao Investment
VC Fund
1 South Korea, United States, Japan Seed, Series A Information Technology, Artificial Intelligence, Software $743k–$20M
M Venture Partners (MVP)
VC Fund
1 Singapore, India, Thailand Seed, Pre-Seed, Series A Financial Services, FinTech, Health Care $500k–$20M
Skystar Capital
VC Fund
1 Indonesia, Singapore, Vietnam Seed, Series A, Series B E-Commerce, Financial Services, Software $850k–$25M
Gan Kapital
VC Fund
1 Indonesia, Singapore Seed, Pre-Seed Software, Financial Services, FinTech $50k–$2.3M
True.
VC Fund
1 United Kingdom, United States, France Seed, Pre-Seed, Series A E-Commerce, Fashion, Retail
Spiral Ventures
VC Fund
1 Japan, India, Indonesia Seed, Series A, Series B E-Commerce, Internet, Information Technology $500k–$103M
Sovereign’s Capital
VC Fund
1 United States, Indonesia, Singapore Seed, Series A Software, FinTech, E-Commerce
Shanda Group
VC Fund
1 United States, China, Israel Seed, Series A, Pre-Seed Artificial Intelligence, Software, Health Care $100k–$44M
ACE Capital
VC Fund
1 Pakistan, Indonesia, Singapore Seed, Series A, Corporate Round Travel, Computer, Delivery
Northstar Group
VC Fund
1 Indonesia, Singapore, Vietnam Seed, Series B, Series A E-Commerce, Information Technology, Farming $1.9M–$113M
Horizons Ventures
VC Fund
1 United States, United Kingdom, Canada Series A, Series B, Seed Biotechnology, Software, Artificial Intelligence $1M–$110M
Access all 52 VC funds in Indonesia Travel startups.

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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: 1820
  • Round size: Seed $186k–$4.6M; Pre-Seed $108k–$750k; Series A $4.6M–$28M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fresh fund, raised $72M in 2024

Portfolio highlights

  • Agentio — Agentio's patent-pending ad platform empowers marketers to finally unlock scalable, creator-led advertising. Programmatically buy the highest quality creator and influencer ad reads to deliver unprecedented efficiency and performance.
  • Codis.io — COD LEGAL BLOG CONTACT US Areas We Serve California Florida TEXAS Ohio Trusted Insights on Birth Injury and Medical Negligence Law COD LEGAL BLOG is a dedicated legal information platform created to help readers understand complex legal matters in a clear and structured way. Click here to learn more. The legal system can often feel
  • Quantflo — Options market intelligence and structured trade planning for Indian markets.
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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 — fund raised in 2023

Portfolio highlights

  • Bumame — Dapatkan layanan medical check up, vitamin booster, vaksinasi & home care di Bumame. Solusi kesehatan terpercaya dengan tim profesional Indonesia.
  • 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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East Ventures
VC Fund · Tokyo, Tokyo, Japan · 4 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: 464
  • Round size: Seed $560k–$17M; Series A $2.2M–$38M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Eko — Turning workplaces into places where all employees can thrive.
  • FitHappy — FitHappy is a behavioral & medical-based wellness app to solve diet problems for good.
  • Bioma — Media Desa Terkini
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Genesia Ventures
VC Fund · Tokyo, Tokyo, Japan · 2 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, Health Care
  • Stage:Seed, Series A
  • Geography: Japan, Vietnam, Indonesia

Investor stats

  • Total investments: 220
  • Round size: Seed $774k–$14M; Series A $1.5M–$50M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — raised $589M in 2017

Portfolio highlights

  • AI Mage
  • 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.
  • Albatross Technology — Albatross Technology is a technology company that develops offshore renewable energy devices and floating offshore wind turbines.
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Alpha JWC Ventures
VC Fund · Jakarta Pusat, Jakarta Raya, Indonesia · 2 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, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 116
  • 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

  • Una Brands — Ready to sell your e-commerce business? We'll make the process fair, fast, and fuss-free. Continue to profit as we grow your brand.
  • 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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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: 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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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: 129
  • Round size: Seed $2.6M–$15M; Series A $1.9M–$20M; Series B $10M–$35M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Rotimatic — Rotimatic uses IoT and AI technologies to measure ingredients, knead dough, roll it out, cook, and shape perfectly round flatbreads in sequence. The system supports consistency, portion control, and customizable ingredient mixtures, allowing users to tailor recipes to dietary preferences. Rotimatic’s product is designed to simplify the process ofpreparing flatbreads, reducing time and physical effort.At Zimplistic, our mission is to tackle real-world problems to improve the daily lives of people. This gave rise to Rotimatic, our flagship product. It is the world's first kitchen robot that makes fresh, healthy, homemade rotis with a touch of a button.About Rotimatic - Rotimatic is a roti-making appliance that uses artificial intelligence to make rotis (flatbreads) without the need for human supervision. It is a fully automatic robot that processes all the essential ingredients and produces hot and delicious rotis in under a minute.Rotimatic is a technology marvel, packed with some cutting-edge technology innovated by a talented group of health-conscious people. A complete game changer globally - it is compact, user-friendly, and makes preparing rotis a cakewalk. Since its launch in 2016, Rotimatic has disrupted the kitchen appliances segment by piquing the interest of many.By knocking the hassle out of healthy eating, and helping everyone eat fresh food made at home with handpicked ingredients, we believe that people will eat healthier and live better with Rotimatic. It's become a worldwide kitchen sensation with over 3 million rotis served in thousands of households until June 2017.Rotimatic is available for purchase in Singapore, US, UK, Canada, Australia, and New Zealand. Order now - https://rotimatic.com/order/
  • Eunice — We are an AI fintech company solving B2B challenges in digital asset. Our first product is digital asset due diligence and monitoring to help financial institutions, regulators, and businesses navigate the complexities of the digital asset space. Powered by a proprietary knowledge base, Eunice’s platform enables token classification, risk analysis,and asset disclosure requirements. With a mission to bring transparency to the digital asset industry, Eunice builds products that drive regulatory clarity and operational efficiency, with the goal of accelerating the mainstream adoption of digital assets.
  • 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 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: 53
  • Round size: Seed $845k–$3.8M; Series A $3.7M–$31M; Series B $4.3M–$66M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $115M in 2021

Portfolio highlights

  • Banyu — Banyu is a seaweed company that handles difficulties such as low-quality inputs, labor-intensive agricultural practices, and fluctuating market prices. It sells seaweed for food production, biofertilizers, and bioplastics.
  • Suryanesia — Suryanesia is a clean energy startup with ambitions to reduce greenhouse gas levels so that we can live sustainably and in harmony with nature. Their errand is to empower consumers, businesses, and governments to harness innovations that address climate change.
  • Jago Coffee — Jago Coffee serves freshly brewed coffee beverages wherever you are through a fleet of fully electric mobile cafes.
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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: Biotechnology, Manufacturing, Software
  • Stage:Series B, Series A
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 203
  • Round size: Series A $2.2M–$23M; Series B $6.3M–$45M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Nventric — Nventric is a medical device company that develops core products for neurovascular, coronary heart, and peripheral vascular applications.
  • Return Zero — AI, ASR, Diarization, Speech, ML
  • Subtle Medical — Subtle Medical is a healthcare technology company that provides AI-powered medical imaging. Its products, SubtlePET and SubtleMR, are FDA Cleared and CE Marked AI product that enhances images in PET and MR exams aimed for faster & safer workflow.The company's SubtleGAD technology is also awarded by RSNA and a $1.6M NIH SBIR Grant tofacilitate the adoption using AI to make imaging exams safer. They provide a vendor-agnostic AI infrastructure powering its products and providing service and analytics to clinical imaging providers.Subtle Medical's goal is to improve the quality, value, and accessibility of medical imaging by significantly reducing cost, imaging time, and radiation dose.
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SV Investment Corp
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in Indonesia Travel startups

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: 105
  • Round size: Seed $1.2M–$31M; Series A $1.6M–$24M; Series B $7.1M–$60M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • XCENA — XCENA is a semiconductor company that develops data-centric computing systems designed for AI and large-scale data processing environments. The company builds computational memory technology that combines high-capacity pooled DDR5 memory with near-data processing capabilities, allowing computation to occur closer to where data is stored. Its coreplatform is based on the Compute Express Link (CXL) standard, which enables memory expansion beyond traditional CPU limitations while improving data movement efficiency and reducing latency in data center workloads. XCENA’s architecture is designed to support applications such as artificial intelligence workloads, vector databases, and large-scale analytics by addressing memory bandwidth and capacity constraints. The company provides a hardware-software ecosystem that includes computational memory systems and a full-stack software development kit. This SDK offers APIs, runtime tools, and drivers that allow applications to use computational memory without major changes to existing software architectures while also supporting low-level control for performance optimization.XCENA’s flagship product line includes MX1, a CXL-based computational memory solution that integrates near-data processing engines with memory infrastructure to support AI inference and data-intensive workloads. The platform is designed to improve throughput and scalability in environments where traditional memory architectures become a bottleneck. The company operates in the broader field of AI infrastructure and memory innovation, working with customers such as hyperscalers, telecom providers, and research institutions that manage large-scale computing workloads. Its solutions are intended to improve efficiency in systems handling AI, big data processing, and scientific computing.
  • Asteromorph — We are an AI for Science lab in Seoul. Our mission is to accelerate scientific advancements through the pursuit of superintelligence.
  • Contents Technologies — Content Technologies is a content IP-based company builder.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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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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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: 254
  • Round size: Seed $709k–$8M; Series A $1.5M–$20M; Series B $5.5M–$37M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $1.3B in 2023

Portfolio highlights

  • Eko — Turning workplaces into places where all employees can thrive.
  • Camera360 — Camera360 is a mobile phone camera application. Through a variety of solutions, including Camera360 Ultimate, HelloCamera, Movie360, Pink360, Camera360 Cloud, Camera360 SDK and Web Camera360, Camera360 hopes to build an ecosystem for the modern creatives to capture, compose and share the beautiful moments of their lives.
  • GoWork — GoWork is Jakarta's leading premium coworking and office space rental with the mission to provide companies with dynamic workspaces of hybrid arrangements and satellite locations.
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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: 8
  • Round size: Series A $10M–$20M
  • Lead/follow: 13% lead, 87% follow

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 — Nikmati konten audio online gratis mulai dari podcast, audiobook, dan radio online di Noice.id.
  • Maka Motors — MAKA Motors berkomitmen untuk menyediakan sepeda motor listrik paling enak di Indonesia, memberikan pengalaman berkendara menyenangkan
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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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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: 676
  • Round size: Seed $1.7M–$11M; Series A $5.5M–$26M; Series B $10M–$75M
  • Lead/follow: 54% lead, 46% follow

Portfolio highlights

  • Lean Technologies — Lean provides the Data and Payments tools to empower MENA's next generation of financial products | Trusted by Etisalat, Hubpay, Lulu Finance, Binance, Sarwa and more.
  • InVideo — Create & edit AI videos, AI Avatars, UGC product ads and much more!
  • K-12 Techno Services — K-12 Techno Services Pvt Ltd. owns and operates schools. The company is based in Hyderabad, India. The company operates as a subsidiary of Gowtham Educational Institutions.
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AC Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 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: E-Commerce, Financial Services, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, India

Investor stats

  • Total investments: 122
  • Round size: Seed $963k–$10M; Series A $5M–$31M; Series B $14M–$87M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Blostem — Blostem provides fintech solutions, focusing on seamless fixed deposit integration for financial services platforms. The company offers an embedded investment platform and white-label solutions, catering to fintechs, wealth tech platforms, investment advisors, and digital companies. Blostem aims to enhance customer experience through innovativefinancial growth and security solutions.
  • Bibit.id — Beli Reksa Dana & Obligasi Negara dengan mudah di aplikasi. Mitra Distribusi SBN Terbaik 2022-2024. Diawasi OJK.
  • 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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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: 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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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, Energy
  • Stage:Seed, Angel, Series A
  • Geography: Indonesia

Investor stats

  • Total investments: 8
  • Round size: Seed $500k–$7.7M; Series A $5.6M–$9M
  • 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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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
  • Geography: South Korea, United States, Japan

Investor stats

  • Total investments: 55
  • Round size: Seed $743k–$20M; Series A $1.8M–$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.
  • Tommoro Robotics — Tommoro Robotics is an AI robotics company spun out from Seoul National University, developing Robot Foundation Models (RFM) for humanoid robots. It builds the HABILIS platform enabling robots to understand language, perceive environments, and perform tasks autonomously. The company focuses on Physical AI, aiming to create scalable humanoidworkforce solutions for real-world industrial and service applications.
  • Adrock Adverttainment — Adrock Adverttainment is a mobile application for drivers' license test.
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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: 69
  • Round size: Seed $845k–$6M; Pre-Seed $500k–$5M; Series A $3M–$20M
  • Lead/follow: 28% lead, 72% 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 — Intellend Technologies Advisors provides an embedded financing platform that integrates working capital lending into MSME-focused digital merchant ecosystems. The company offers a full stack lending-as-a-service model that connects merchant platforms, regulated lenders, and merchants through a single technology layer. Its platform supportsshort-term working capital, transparent fixed-fee pricing, and flexible daily or monthly repayment options with minimal documentation. Digital merchant ecosystems use Intellend to add contextual credit, earn origination fees, and access real-time analytics. Lenders use it to reach underserved MSMEs, support priority sector lending, and apply AI-driven risk assessment.
  • House Of Zelena
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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, Software
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 59
  • Round size: Seed $850k–$5M; Series A $3M–$11M; Series B $6M–$25M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • bythen — bythen enables the production of autonomous 3D avatar bots powered by AI.
  • 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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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: Software, Financial Services, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Indonesia, Singapore

Investor stats

  • Total investments: 24
  • Round size: Seed $50k–$2.3M; Pre-Seed $50k–$800k
  • 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
  • Chickin — Perusahaan agritech yang menyediakan solusi terintegrasi untuk membantu peternak mencapai hasil panen yang optimal dan meningkatkan keuntungan
  • Protos Labs — Unify cyber risk data for actionable insights and reduced exposure with the Nexus integrated cyber risk analytics platform by Protos Labs.
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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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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, Internet, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 102
  • Round size: Seed $500k–$4.5M; Series A $1.5M–$62M; Series B $10M–$103M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Fragaria — Discover innovative farming practices and high-quality, year-round fruits in India with Fragaria's advanced agricultural technology.
  • SPUN — The most reliable online visa platform in Indonesia with 24/7 dedicated assistance and money-back guarantee.
  • Pruv Finance
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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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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: 40
  • Round size: Seed $839k–$11M; Pre-Seed $100k–$750k; Series A $5.6M–$44M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • MiroFish — MiroFish is an AI prediction engine driven by multi - agent technology.
  • Buildroid — Buildroid is a robotics company that develop a humanoid robot for construction purpose. Buildroid AI bringing robotics and AI to the construction site.We transform active job sites by integrating specialized robots directly into contractor workflows. Our AI platform connects BIM models with real-world execution through Digital Twin simulations andproprietary orchestration software. We’re partnering with developers, contractors, and government bodies to bring robotics to large-scale projects. Only a few pilot slots remain for 2025 — contact us today to reserve yours and receive a tailored ROI calculation.
  • 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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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, Corporate Round
  • Geography: Pakistan, Indonesia, Singapore

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • 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.
  • 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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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, Farming
  • Stage:Seed, Series B, Series A
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 40
  • Round size: Seed $2.3M–$38M; Series A $1.9M–$42M; Series B $15M–$113M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — raised $90M in 2023

Portfolio highlights

  • Dachin — Dachin is a D2C brand creator that focuses on data collection and analytics systems.
  • 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 — Money is too important a part of people’s lives to be left in the hands of habit and tradition: to high-street banks, to petty street lenders, to pawn brokers, and the like. Every customer of financial services often feels that they deserve better, be it advantaged or disadvantaged, novice or expert, farmer, teacher, jeepney driver or officeworker.We — a team of finance professionals and entrepreneurs backed by world-class investors — come with the vision and capabilities to provide better and more inclusive service through a combination of technology, product design, security, data analytics and relentless focus on customer care.Managing one’s finances doesn’t need to be complex, frightening, boring or off-putting, it doesn’t have to be a chore. We aim to liberate our customers from the mundane and to quell their fears — providing our customers with more financial freedom while also saving their time and energy to focus on what truly matters to them in their daily lives.We are united by our experiences of building leading financial services and tech companies in various parts of the world — and by desire to apply our experience and modern technology for the benefit of millions of Filipinos.Not only have we built great financial and tech businesses, transforming industries in the process, but we also led large companies and banks through many economic cycles, keeping customers’ and investors’ money safe.We are building a financial technology business that works impeccably 24x365, creating thousands of jobs and provides easy access to finance for millions of Filipinos — and would love you see joining us in this journey, as a partner, vendor, employee, or a customer.
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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: 255
  • Round size: Seed $1M–$11M; Series A $6.2M–$50M; Series B $8M–$110M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Scopely — Scopely is an interactive entertainment and video game company, home to many top-grossing, award-winning franchises including “Star Trek™ Fleet Command,” “MARVEL Strike Force,” “Stumble Guys”, and “Yahtzee With Buddies,” among others.Scopely creates, publishes, and live-operates immersive games that empower a directed-by-consumer™ experience.Scopely is fueled by a world-class team and a proprietary technology platform Playgami™ that supports one of the diversified portfolios in the mobile games industry. Recognized multiple times as Company’s “World’s Most Innovative Companies,” Scopely is a multi-billion-dollar business due to its ability to create long-lasting game experiences that players enjoy for years. Scopely has operations in more than a dozen markets across Asia-Pacific, including Bangalore and Shanghai, among others; EMEA, including Barcelona and Dublin, among others; and North America, including Boulder, Colorado, and Culver City, California, among others, with additional game studio partners across four continents.
  • Amper Music — Amper is an AI music composition company that develops tools for content creators of all kinds. Learn about our new enterprise platform, Score, as well as our creator API.
  • Misfit Wearables — Misfit is focused on developing great wearable products: things that people would want to wear all the time for a long time. A pioneer in the emerging world of wearable sensor technology, the company is making products and services in the consumer health and fitness space to inspire people to be more active and develop healthy habits. Misfit’sfirst product is the Shine, an elegant personal activity tracker that can instantly sync with a smartphone just by placing the device on the screen. Misfit was founded in 2011 and headquartered in Burlingame, California.
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Travel VC funding in Indonesia at a glance

Stats across 31 deals from 52 investors.

52
investors
in Indonesia Travel startups
31
deals
in Indonesia Travel startups
$1.8M
median round
in Indonesia Travel startups
40%
lead investors
lead at least one round
45%
Seed
most common funding stage

Access all 52 VC funds in Indonesia Travel startups.

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