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Top 50 Web3 Startup Investors in Indonesia (October 2026)

The most active venture capital funds and angel investors investing in Indonesia Web3 startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Indonesia Web3 startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Coinbase Ventures
VC Fund
5 United States, Singapore, Canada Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, Financial Services $2M–$41M
MDI Ventures
VC Fund
5 Indonesia, Singapore, United States Seed, Series B, Series A Software, E-Commerce, Information Technology $600k–$66M
IVC
VC Fund
4 United States, Singapore, Philippines Seed, Pre-Seed Blockchain, Gaming, Cryptocurrency $480k–$9M
SeedPlus
VC Fund
3 Singapore, Indonesia, Malaysia Seed, Series A, Pre-Seed Internet, Software, SaaS $640k–$19M
Lightspeed Venture Partners
VC Fund
3 United States, India, Israel Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $2M–$125M
Dendi Suhubdy
Angel
3 Indonesia Seed, Pre-Seed Bitcoin, Cryptocurrency, Financial Services $60k–$80k
AC Capital
VC Fund
2 United States, Singapore, China Seed, Pre-Seed, Series A Blockchain, Gaming, Cryptocurrency $150k–$9M
ZBS CAPITAL
VC Fund
2 United States, Singapore, United Kingdom Seed, Venture - Series Unknown Blockchain, Cryptocurrency, Financial Services $1M–$6M
John Lilic
Angel
2 India, France, United States Seed, Angel, Series A Blockchain, Web3, Software $375k–$8M
Mark Cuban
Angel
2 United States, Canada, United Kingdom Seed, Series A, Angel Software, Artificial Intelligence, Blockchain $100k–$23M
Pantera Capital
VC Fund
2 United States, Singapore, United Kingdom Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, Financial Services $1.4M–$50M
Skystar Capital
VC Fund
2 Indonesia, Singapore, Vietnam Seed, Series A, Series B E-Commerce, Financial Services, FinTech $850k–$60M
Jonathan Chu
Angel
2 United States, Argentina, Indonesia Series A, Seed, Initial Coin Offering Blockchain, FinTech, Software $6M–$35M
Intudo Ventures
VC Fund
2 Indonesia, Singapore, Hong Kong Seed, Series A, Series B FinTech, Financial Services, Marketplace $500k–$66M
East Ventures
VC Fund
2 Japan, Indonesia, Singapore Seed, Series A, Venture - Series Unknown Software, Information Technology, E-Commerce $250k–$30M
AC Ventures
VC Fund
2 Indonesia, Singapore, India Seed, Series A, Series B E-Commerce, Financial Services, Information Technology $963k–$87M
Alameda Ventures
VC Fund
2 United States, Israel, Singapore Seed, Series A Blockchain, Cryptocurrency, FinTech $320k–$35M
MMV Europe & Asia-Pacific
VC Fund
2 Singapore, India, United States Series A, Seed, Series B Financial Services, FinTech, Information Technology $2.4M–$65M
Central Capital Ventura
VC Fund
2 Indonesia, Singapore, Australia Series A, Seed, Series B Financial Services, FinTech, Software $1M–$80M
HTX
VC Fund
2 United States, Singapore, China Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, Financial Services $1M–$100M
Global Founders Capital
VC Fund
2 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Financial Services, Software, FinTech $575k–$30M
Castle Island Ventures
VC Fund
2 United States, India, China Seed, Series A, Pre-Seed Blockchain, Cryptocurrency, FinTech $125k–$50M
Antler
VC Fund
2 United States, Singapore, Australia Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
LD Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Venture - Series Unknown Blockchain, Cryptocurrency, Gaming $1.2M–$70M
Ivan lam
Angel
1 Indonesia Seed Gaming, Blockchain, Casual Games
Kieran Warwick
Angel
1 United States, Canada, Panama Seed, Pre-Seed, Angel Cryptocurrency, Blockchain, Gaming $250k–$4.5M
Crypto.com Capital
VC Fund
1 United States, Singapore, Taiwan Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $1.6M–$19M
Twin Apex Capital
VC Fund
1 Singapore, India, Canada Seed, Initial Coin Offering Blockchain, Information Technology, Cryptocurrency $100k–$4.5M
OKX Ventures
VC Fund
1 United States, Singapore, Hong Kong Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, Gaming $1.7M–$50M
MCP Asset Management Company
VC Fund
1 Japan, Hong Kong, Indonesia Series A, Venture - Series Unknown, Seed Mobile, Jewelry, Internet $1.6M–$10M
Number Capital
VC Fund
1 Indonesia, India Seed, Pre-Seed FinTech, Financial Services, Apps $500k–$7.7M
Peak XV Partners
VC Fund
1 India, United States, Singapore Series A, Seed, Series B Software, Artificial Intelligence, Financial Services $1.5M–$63M
Return On Knowledge Capital
VC Fund
1 Indonesia Seed Gaming, Blockchain, Casual Games
Sumitomo Mitsui Trust Bank
VC Fund
1 Japan, United States, India Debt Financing, Post-IPO Debt, Series B Energy, Financial Services, Finance $7M–$5.6B
MV Global
VC Fund
1 United States, United Kingdom, Hong Kong Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $100k–$60M
PT Buckingham Holdings
VC Fund
1 Indonesia Seed Blockchain, Cryptocurrency, Non-Fungible Token (NFT)
AU21 Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming $1.1M–$14M
NGC Ventures
VC Fund
1 United States, Singapore, Hong Kong Seed, Series A Blockchain, Cryptocurrency, Gaming
Enjinstarter
VC Fund
1 Canada, Turkey, Indonesia Seed, Initial Coin Offering Blockchain, Gaming, Software $1.2M–$11M
Raditya Pramana
Angel
1 Indonesia, Vietnam, Philippines Seed, Pre-Seed Audio, EdTech, Gaming $110k–$1.5M
MUFG Bank
VC Fund
1 Japan, United States, India Debt Financing, Post-IPO Debt Energy, Renewable Energy, Financial Services $6.6M–$1.5B
Init 6
VC Fund
1 Indonesia, Singapore, Pakistan Seed, Pre-Seed, Series A Financial Services, Information Technology, FinTech $1M–$18M
Xiaomi
VC Fund
1 China, India, Indonesia Series A, Series B, Series C Manufacturing, Software, Information Technology $1.4M–$400M
Chromia
VC Fund
1 Indonesia Seed, Pre-Seed Gaming, Blockchain, Web3 $1.6M–$4M
Tokoin
VC Fund
1 Indonesia Pre-Seed Blockchain, Information Technology
Blockchain.com Ventures
VC Fund
1 United States, United Kingdom, Singapore Series A, Seed, Venture - Series Unknown Blockchain, Cryptocurrency, FinTech $1.7M–$35M
Kyros Ventures
VC Fund
1 United States, Singapore, Vietnam Seed, Venture - Series Unknown, Series A Blockchain, Cryptocurrency, Gaming $50k–$50M
Jack Teoh
Angel
1 Indonesia Seed Gaming, Blockchain, Casual Games
Medi Crypto International
VC Fund
1 Indonesia Seed Blockchain, Cryptocurrency, Non-Fungible Token (NFT)
Mapleblock Capital
VC Fund
1 United States, Singapore, Switzerland Seed, Venture - Series Unknown, Series A Blockchain, Cryptocurrency, FinTech $1.8M–$62M
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Coinbase Ventures
VC Fund · San Francisco, California, United States · 5 investments in Indonesia Web3 startups, 54 in the past 12 months

Coinbase Ventures is an investment arm of Coinbase that aims to invest in seed-stage cryptocurrency and blockchain startups. The company was founded in 2018 and is based in San Francisco, California, United States.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 644
  • Round size: Seed $2M–$15M; Series A $6M–$41M; Venture - Series Unknown $2M–$32M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2018

Portfolio highlights

  • Raven — Raven is a proprietary high-frequency algorithmic trading firm specializing in CeFi market making and DeFi liquidity provision.
  • Jeeves — Pay for anything, anywhere, in your local currency. No fees. No interest. No personal guarantees. Mobile-first, built with your team in mind.
  • Catalyst — Catalyst develops a platform that converts plain-English trading ideas into automated workflows that track real-time market data and execute financial trades within user-defined parameters.
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MDI Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 5 investments in Indonesia Web3 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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IVC
VC Fund · Taipei, T'ai-pei, Taiwan · 4 investments in Indonesia Web3 startups

Who we are We are investors and entrepreneurs helping define the next generation of Blockchain startups. Our Focus Passionate founders. Disruptive models. Borderless markets. Exponential effects. Our Geography Starting from...

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Pre-Seed
  • Geography: United States, Singapore, Philippines

Investor stats

  • Total investments: 288
  • Round size: Seed $1.7M–$9M; Pre-Seed $480k–$4.5M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $70M in 2022

Portfolio highlights

  • Wizzwoods — 1st pixel farm game integrates interchain capabilities with a SocialFi twist.
  • SuperIntent — Discover intelligent crypto investing with SuperIntent. Supercharged by DeFAI, it's your all-in-one app for smarter strategies and stress-free asset management.
  • SuperGaming — At SuperGaming, we are putting India on the global gaming map.
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SeedPlus
VC Fund · Singapore, Central Region, Singapore · 3 investments in Indonesia Web3 startups

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

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Investment focus

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

Investor stats

  • Total investments: 27
  • Round size: Seed $640k–$3M; Series A $2.1M–$19M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2017

Portfolio highlights

  • Qoala — Asuransi online yang siap melindungi kamu dan orang tersayang, di mana aja, kapan aja. Premi murah, proses klaim mudah, dan 100% digital!
  • Homage — Homage provides non-medical and medical services to seniors and adults. Their services include disability assessments, activities of daily living assistance, nursing procedures, and rehabilitation services, including physiotherapy, speech therapy, and occupational therapy. They also provide health screening, mobile medicine, telemedicine,ambulance, and medication delivery services.
  • EngageRocket — We help organizations make better people decisions using real-time analytics. Our customers use EngageRocket platform to measure and improve employee experience.
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Lightspeed Venture Partners
VC Fund · Menlo Park, California, United States · 3 investments in Indonesia Web3 startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Tennr — Tennr is a custom AI assistant that accelerates research, answers complex questions, and generates custom reports.
  • Whizzo — Whizzo specializes in materials science-driven manufacturing of engineered fashion and technical textiles. Our expertise lies in creating and executing innovative textile blends tailored for applications across automotive, agriculture, medical textiles, and engineered fashion.
  • Zenzap — Zenzap is a software company that develops an AI-powered workplace communication and collaboration platform for businesses. Its application combines team messaging, task management, file sharing, voice and video calls, and calendar integration in a centralized workspace. The platform organizes conversations by teams, projects, and departments, helping employees coordinate activities and track responsibilities within their existing workflows. Zenzap also incorporates AI agents and search capabilities that help users retrieve information from conversations, documents, and connected business applications. Its administrative features support employee onboarding, access permissions, data management, and the removal of access when employees leave an organization. The platform includes integrations with human resources information systems and other workplace tools to synchronize employee records and support business processes. Additional features, such as scheduled messages and configurable working hours, help teams manage notifications and maintain boundaries between work and personal time. Zenzap serves businesses across industries, including healthcare, hospitality, construction, logistics, and professional services, seeking to centralize workplace communication and improve team coordination.
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Dendi Suhubdy
Angel · Palo Alto, California, United States · 3 investments in Indonesia Web3 startups

Research Scientist, Founder

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Investment focus

  • Industry: Bitcoin, Cryptocurrency, Financial Services
  • Stage:Seed, Pre-Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $60k–$80k
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Bitwyre — Bitwyre is a next gen, HFT-friendly Cryptocurrency Derivatives Exchange
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AC Capital
VC Fund · Grand Cayman, Midland, Cayman Islands · 2 investments in Indonesia Web3 startups

AC Capital is a venture firm focusing on block-chain and fin-tech Industry, dedicated to discovering unicorns and expanding the development and adoption of block-chain technology through investments and marketing services.

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Investment focus

  • Industry: Blockchain, Gaming, Cryptocurrency
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Singapore, China

Investor stats

  • Total investments: 22
  • Round size: Seed $150k–$6M; Series A $1.8M–$9M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Infinitar — Experience the next generation of #MOBA and #eSports with Infinitar: a revolutionary 1v1, 3v3, and 5v5 game with three lanes! https://t.co/rXlPWb0V0T
  • Fandom Studio — Fandom Studio is a South Korean based company child of Flask, that creates bespoke NFT content forging powerful connections between creators/artists and their fans. Its platform is the official NFT service partner of TikTok, users of fandom can convert TikTok content into NFTs and trade it. Using NFT, Fandom designs interactive and qualitycontent with existing brands, artists and productions to let fans to have in-depth communication with creators and have more special content experiences, which will lead to create a new wave of fan culture.
  • UniLive — UniLive is a Web3 live broadcast platform that allows users to create short videos and creative content for global social and entertainment interaction.
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ZBS CAPITAL
VC Fund · Kyiv, Kyyiv, Ukraine · 2 investments in Indonesia Web3 startups

ZBS Capital - distinguished crypto venture fund, backed by major media resources including CryptoDiffer.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 161
  • Round size: Seed $1M–$6M; Venture - Series Unknown $2M–$6M
  • Lead/follow: 1% lead, 99% follow
  • Last fund: May invest from a new fund soon — raised $500k in 2017

Portfolio highlights

  • Yellow — Trades clear off-chain through state channels. Only the net result settles on-chain, across the chains participants already use.
  • KIP Protocol — KIP Protocol is a decentralised AI framework unlocking digital property rights of Knowledge Assets in the AI-powered future.
  • Alliance Games — Build Beyond Limits. Multiplayer for the Next, Decentralized Era.
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John Lilic
Angel · Zug, Zug, Switzerland · 2 investments in Indonesia Web3 startups

John Lilic is an early Bitcoin and Ethereum adopter and an early ConsenSys employee who spent six years with the company helping it grow to an international leader in the blockchain ecosystem. He is now running his own dedicated family office out of Switzerland while also serving as an investor and product development advisor at Polygon. John isalso a co-founder and treasurer at Code to Inspire, a 501c3 non profit dedicated to teaching Afghan girls how to code.

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Investment focus

  • Industry: Blockchain, Web3, Software
  • Stage:Seed, Angel, Series A
  • Geography: India, France, United States

Investor stats

  • Total investments: 17
  • Round size: Seed $375k–$8M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • Syntetika — Institutional-grade yield, on-chain. Where institutional capital meets DeFi.
  • Hilbert Group — Hilbert Group is a digital assets specialist with focus on algorithmic trading. We offer hedge-fund products as well as managed accounts.
  • Robin Markets — Earn yield on Polymarket positions.
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Mark Cuban
Angel · Dallas, Texas, United States · 2 investments in Indonesia Web3 startups, 9 in the past 12 months

Mark Cuban is the founder of Fireside, Chairman and Founding Partner of AXS TV, and the Owner of Dallas Mavericks. He previously worked at Broadcast.com as a Co-Founder. Mark Cuban attended the Indiana University Bloomington.

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Investment focus

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

Investor stats

  • Total investments: 262
  • Round size: Seed $600k–$7.5M; Angel $100k–$900k; Series A $3.2M–$23M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Scripto — Whether you're taping a show in a studio, collaborating on screenplays, or making a video game, Scripto helps you do your best work and save time while you do it.
  • Kind Designs — Kind Designs is a trusted 3D Printed seawall contractor in Miami offering custom seawall construction, shoreline protection, erosion control solutions.
  • The Athletics — The Athletics franchise is a professional spectator sports organization that operates a Major League Baseball club. The company manages athletic team rosters, player scouting, talent development, and medical staff for its baseball operations. It coordinates live event production, stadium technology, corporate sponsorships, and ticket saleslogistics for professional games. Additionally, the business oversees regional television, radio, and streaming broadcast infrastructure to distribute sports media content.
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Access 48,091 investors

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

Browse database — It's Free!
Pantera Capital
VC Fund · Menlo Park, California, United States · 2 investments in Indonesia Web3 startups

Pantera is a technology investment firm investing at the intersection of money, markets, and machines, backing multi-stage founders at the frontier.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 400
  • Round size: Seed $1.4M–$18M; Series A $3.5M–$48M; Venture - Series Unknown $3.1M–$50M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Evernorth — Evernorth is a purpose-built digital asset treasury that gives investors exposure to tomorrow’s markets. The company focuses on XRP, using XRP Ledger infrastructure, DeFi, liquidity, and yield strategies. The company also develops treasury strategies to generate returns from its digital asset holdings.
  • Fission Labs — 24/7 liquidity, atomic settlement, institutional market infrastructure for tokenized funds.
  • Solana Company — Solana Company (Nasdaq: HSDT) is a listed digital asset treasury dedicated to acquiring Solana (SOL), created in partnership with Pantera and Summer Capital.
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Skystar Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Web3 startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • JULO — JULO provides affordable unsecured personal loan (KTA) exclusively to smartphone users.They strive to provide low cost loan product to the masses while ensuring that it's economically viable to their lender partners. This is achieved by exercising prudent underwriting assessments to ensure that approved applicants are both able and willing topay back.They also reward positive behavior by giving cashback bonus and allowing good customers to borrow a higher amount at lower interest rate at loan maturity.
  • Ledgerowl — From bookkeeping to tax, Ledgerowl is the all-in-one AI powered financial solution that your business can trust.
  • Rekosistem — Rekosistem is a Clean- & Climate-Tech Company that enables circular economy implementation in the waste supply chain by leveraging proprietary waste management operation systems to transform waste into recycled materials and renewable resources.
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Jonathan Chu
Angel · Los Angeles, California, United States · 2 investments in Indonesia Web3 startups

Jonathan is co-founder and managing partner of Protofund. He attended the University of California, Los Angeles

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Investment focus

  • Industry: Blockchain, FinTech, Software
  • Stage:Series A, Seed, Initial Coin Offering
  • Geography: United States, Argentina, Indonesia

Investor stats

  • Total investments: 5
  • Round size: Series A $6M–$35M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Pintu — Aplikasi trading crypto & jual beli Bitcoin, token DeFi, NFT, AI Agent, Meme coin, Web3 dan aset digital di Indonesia. Harga final, exchange kripto terpercaya dengan crypto wallet praktis.
  • Buenbit — Buenbit is a Cryptocurrency Exchange and Cross-Border payment platform. Cryptocurrency exchange with presence in Argentina & Perú. Leveraging cryptocurrency trading to offer a low cost Cross-Border payment solution. It was founded in 2018 and is based in Buenos Aires, Argentina.
  • NEAR — NEAR is the open infrastructure powering the agent economy. NEAR unifies liquidity across 35+ chains, keeps execution and inference confidential, and scales to over 1 million TPS.
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Intudo Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Web3 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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East Ventures
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Indonesia Web3 startups

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

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, Indonesia, Singapore

Investor stats

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

Portfolio highlights

  • Sisuta — Sisuta is a purpose-driven organization committed to addressing fundamental social issues by seamlessly integrating human insight with advanced technology, creating innovative solutions that empower individuals, strengthen communities, and unlock the full potential of both people and digital tools to drive sustainable social impact.
  • BASE — BASE provides web-based services that develop and build e-commerce platforms. The company provides its services across Japan, such as net shop creation, development of shopping applications, development of online payment, and other services.
  • EveryWill — Every WiLL will hasten the creation of a new logistical infrastructure that addresses social problems, beginning with the "way we receive" our products.
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AC Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Web3 startups

Founded in 2014, AC Ventures is a Southeast Asian venture capital firm that invests in early-stage startups focused on Indonesia and ASEAN, with over US$500 million in assets under management across five funds. The firm’s areas of investment focus on a variety of industries, including digital enablement, financial technologies, agriculture technologies, logistics, e-commerce, consumer technology, MSME solutions, waste management, renewable energy, and sustainability solutions.

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Investment focus

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

Investor stats

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

Portfolio highlights

  • JULO — JULO provides affordable unsecured personal loan (KTA) exclusively to smartphone users.They strive to provide low cost loan product to the masses while ensuring that it's economically viable to their lender partners. This is achieved by exercising prudent underwriting assessments to ensure that approved applicants are both able and willing topay back.They also reward positive behavior by giving cashback bonus and allowing good customers to borrow a higher amount at lower interest rate at loan maturity.
  • Blostem — Launch banking products in days. Single API for FD, RD, Loans & Bonds across 10+ banks. Backed by Zerodha's Rainmatter.
  • ASTRO — Situs Belanja Kebutuhan Harian Online dengan Harga Terjangkau dan Kualitas Terbaik. Pesan Kebutuhan Harian di ASTRO Pasti Sampai dalam Hitungan Menit
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Alameda Ventures
VC Fund · 2 investments in Indonesia Web3 startups

investor

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Series A
  • Geography: United States, Israel, Singapore

Investor stats

  • Total investments: 28
  • Round size: Seed $1M–$5M; Series A $320k–$35M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Kollider — Kollider build tools and services to make financial markets available to everyone, across borders, instantly and simply using Bitcoin’s Lightning Network.
  • Coinshift — Coinshift provides a smart treasury management platform that helps businesses and decentralized autonomous organizations manage their crypto assets easily and empowers users to collaborate, approve transactions, and execute mass payouts. Their treasury management solution includes cash management, asset management, risk management, and reporting.
  • Infludesk — Infludesk works with leading brands all over the world and creates influencer marketing campaigns that speak directly to their target audience.
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MMV Europe & Asia-Pacific
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Web3 startups

MMV is a multistage, global venture capital firm investing in enterprise software, cybersecurity, financial technology, and digital health companies. We help accelerate the growth of the companies we partner with by providing capital, connections and advice.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: Singapore, India, United States

Investor stats

  • Total investments: 39
  • Round size: Seed $2.4M–$7.5M; Series A $4M–$15M; Series B $20M–$65M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2020

Portfolio highlights

  • Sikoia — Streamline your decision-making with centralized customer data, comprehensive case management, and automated risk evaluation without complicated integrations.
  • Aspire — Multi currency business account, for start-ups & SMEs, to manage your company spends & expenses, accounts receivables & payables, invoices, bills, corporate cards & cross-border payments.
  • Scrut Automation — Scrut Automation makes ISO 27001, SOC 2, GDPR and PCI DSS compliance easy, with 70% less Manual effort
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Central Capital Ventura
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Web3 startups

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

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Investment focus

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

Investor stats

  • Total investments: 28
  • Round size: Seed $2.8M–$8.3M; Series A $1M–$45M; Series B $60M–$80M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — raised $14M in 2019

Portfolio highlights

  • Jutsoo — Upload a statement and Jutsoo captures, codes, and reconciles every transaction. You review and sign off.
  • MiyaHealth — MiyaHealth develops technologies to improve the healthcare experience for patients.
  • Sinbad Indonesia — Solusi belanja grosir online untuk menyuplai stok toko Anda dari distributor utama. Aplikasi Sinbad membuat belanja grosir online dijamin lebih hemat dan mudah.
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HTX
VC Fund · Beijing, Beijing, China · 2 investments in Indonesia Web3 startups

HTX serves its 10 million+ users worldwide with secure and stable trading services. Here at HTX, you can buy Bitcoin, Ethereum, Dogecoin, SHIB, and over 500 quality cryptocurrencies anywhere, anytime.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Singapore, China

Investor stats

  • Total investments: 49
  • Round size: Seed $2.1M–$18M; Series A $1M–$45M; Venture - Series Unknown $2.5M–$100M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • BabylonChain — Babylon is a VC-backed blockchain project founded by Claude. E. Shannon Award recipient, Professor David Tse from Stanford University. The project’s mission is to bring Bitcoin’s unparalleled security to all PoS blockchains in the world. To this end, we are building, as the bridge between Bitcoin and the PoS world, a new public Cosmos-based PoSblockchain called Babylon with a native token.
  • Lombard — Lombard is behind LBTC, BTC.b, Bitcoin Earn and Bitcoin Smart Accounts. We're onboarding $1 trillion in Bitcoin to DeFi.
  • Camp Network — Camp Network provides online camp registration and camp management software for all types of events across the United States.
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Global Founders Capital
VC Fund · Berlin, Berlin, Germany · 2 investments in Indonesia Web3 startups

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

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Investment focus

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

Investor stats

  • Total investments: 1121
  • Round size: Seed $1.2M–$8.8M; Pre-Seed $575k–$5M; Series A $5M–$30M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $2B in 2018

Portfolio highlights

  • Benford — Benford is a modern, licensed audit firm that provides technology-driven statutory audit services using its custom software, AuditOS.
  • Primo — A birdseye view of your IT.
  • sevDesk — Deutschlands beliebteste Buchhaltungssoftware: Rechnungen& Angebote erstellen, Buchhaltung erledigen, Kunden- &Lagerverwaltung u.v.m.
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Castle Island Ventures
VC Fund · Cambridge, Massachusetts, United States · 2 investments in Indonesia Web3 startups, 8 in the past 12 months

Castle Island Ventures is a Cambridge, MA based early stage venture firm investing in startups building in the public blockchain industry.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, China

Investor stats

  • Total investments: 143
  • Round size: Seed $1.9M–$10M; Pre-Seed $125k–$8M; Series A $6M–$50M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $250M in 2022

Portfolio highlights

  • Cyclops.io — Cyclops is the only crypto and stablecoin platform exclusively for payments companies. Cyclops enables payment service providers to accept crypto, do stablecoin settlement, and manage digital assets with enterprise-grade security. We provide PSPs, Card Networks, Acquirers, PayFacs and otherws with compliant crypto solutions without building in-house. Cyclops is chain agnostic, supporting Bitcoin, Ethereum, USDC, USDT, and multi-chain stablecoin settlement. White-label and turnkey offerings.
  • Félix — Félix is ​​a chat-based platform that enables Latinos in the US to send money abroad. We combine Blockchain and Artificial Intelligence to disrupt how remittances are done today and build the future of cross-border payments.
  • Birdai Labs — Birdai operates at the base of the chain, measures where value leaks between an order and its fill, and is built to return it to the people who create the order flow.
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Antler
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Web3 startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • iiba — Iiba is a geospatial platform that specializes in providing location information related to child-rearing.
  • Obud — Obud is a wellness reservation systems that is designed for holistic health and lifestyle management purposes. The company's systems offer a comprehensive suite of tools for booking wellness activities, managing schedules, and accessing curated wellness programs, enabling wellness centers to streamline their operations, enhance userengagement, and promote a balanced and healthy lifestyle.
  • Plouton AI —
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LD Capital
VC Fund · Shanghai, Shanghai, China · 1 investments in Indonesia Web3 startups

LD Capital is one of Asia's earliest organizations focusing on value investing in blockchain field. Owing to industrial resource advantages and professional investment research teams, LD Capital has successively discovered and invested in projects such as Qtum, Vechain and Eos which all achieved over 100 times return.Their teams spread overChina, the United States, Europe, Singapore, Japan, and South Korea, and have accumulated rich experience in areas of traditional internet, Fintech, and advanced blockchain technology. They are committed to the globalization of blockchain and quality investment in the entire industry.LD Capital focuses on blockchain innovation projects within finance, games, content publishing, Internet of Things and other circuits, and we have been propelling broad layout of blockchain technology and infrastructure construction to facilitate the comprehensive development of the global blockchain ecosystem.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 202
  • Round size: Seed $1.2M–$8.6M; Venture - Series Unknown $1.7M–$70M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: Likely still investing — raised $200M in 2022

Portfolio highlights

  • Redpill AI — Access 200+ AI models with privacy-first infrastructure. Private models in GPU TEE, OpenAI-compatible API, zero data retention.
  • Yellow — Trades clear off-chain through state channels. Only the net result settles on-chain, across the chains participants already use.
  • Konnex World — Konnex is building the decentralized coordination, verification, and payment layer for autonomous robots. Powered by Large Behavioral Models and Proof-of-Physical-Work, it connects machines into a single global network where robots can understand, collaborate, and transact.
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Ivan lam
Angel · 1 investments in Indonesia Web3 startups

Ivan lam

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Investment focus

  • Industry: Gaming, Blockchain, Casual Games
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Eizper Chain — Eizper Chain is a blockchain action online multiplayer role-playing game that celebrates adventure and arena battle.
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Kieran Warwick
Angel · Sydney, New South Wales, Australia · 1 investments in Indonesia Web3 startups

Kieran Warwick Co-Founder at Illuvium

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Investment focus

  • Industry: Cryptocurrency, Blockchain, Gaming
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Canada, Panama

Investor stats

  • Total investments: 16
  • Round size: Seed $1.1M–$4.5M; Pre-Seed $250k–$550k
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Fjord Foundry — Fjord enables teams the ability to openly and fairly generate liquidity by connecting inspired projects with passionate supporters via Liquidity Bootstrapping Pools.
  • Zaros Finance — Zaros is a protocol that provides efficient liquidity, boosts staking rewards from LSTs, and aims to become the preferred liquidity hub for on-chain derivatives.
  • Layer Social Labs — A home for global companionship and endless entertainment. Post More, Play More, Earn More.
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Crypto.com Capital
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Web3 startups

A $500 million venture arm of Crypto.com dedicated to investing in crypto start-ups at Seed and Series A Stages.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, Taiwan

Investor stats

  • Total investments: 49
  • Round size: Seed $1.6M–$16M; Initial Coin Offering $2.5M–$19M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $500M in 2021

Portfolio highlights

  • Vangrid — Vangrid operates as a decentralized physical infrastructure network.
  • Watch.fun — Watch.fun is a platform that offers ticket-based entries for luxury watch giveaways.
  • Reown — A complete crypto and stablecoin infrastructure solution built on the world's largest wallet network, built for apps, wallets, fintechs & institutions.
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Twin Apex Capital
VC Fund · 1 investments in Indonesia Web3 startups

Twin Apex is a blockchain-centric private equity firm that provides smart money to nascent crypto assets and digital currency-related projects. Our core competency as investors remains in investing in the right people and providing rocket fuel through our network to get to the moon and beyond.

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Investment focus

  • Industry: Blockchain, Information Technology, Cryptocurrency
  • Stage:Seed, Initial Coin Offering
  • Geography: Singapore, India, Canada

Investor stats

  • Total investments: 12
  • Round size: Seed $1.2M–$4.5M; Initial Coin Offering $100k–$1.2M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Vodra — Vodra is the live advertising network that runs directly inside thousands of broadcasts. Brands buy attention. Creators get paid.
  • Polygen — Polygen provides a breath of fresh air in the world of blockchain launchpads. Current solutions all foster innovation on a specific blockchain, but they also look and operate the same. Fueling innovation in this industry requires the removal of all intermediaries and gatekeepers. Additionally, there is a need for more transparency, automatedprocesses, and post-launch support.
  • Good Games Guild — Good Games Guild is a gaming hub for play-to-earn games based on NFTs and collectible tokens.
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OKX Ventures
VC Fund · New York, New York, United States · 1 investments in Indonesia Web3 startups

OKX Blockdream Ventures is a fund focused on exploring high quality projects. This fund will invest in blockchain basic infrastructure, layer 2, Polkadot ecosystem, Defi, Filecoin ecosystem etc.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Singapore, Hong Kong

Investor stats

  • Total investments: 170
  • Round size: Seed $2M–$11M; Series A $10M–$50M; Venture - Series Unknown $1.7M–$50M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • FUNX — FUNX is a virtual reality game platform for relaxation use. They use a cloud gaming app or web browser to connect remotely to a virtual PC and play the game from there. There isn't any hardware, wires, installation or download time for games, firmware updating, or anything else that is often associated with playing games locally on a PS5, XboxSeries X, or laptop.
  • ShareX — ShareX is a free and open source program that lets you capture or record any area of your screen and share it with a single press of a key. It also allows uploading images, text or other types of files to many supported destinations you can choose from.
  • SignalPlus — SignalPlus is a leading platform for digital asset options trading, providing professional tools and insights.
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MCP Asset Management Company
VC Fund · Causeway Bay, Hong Kong Island, Hong Kong · 1 investments in Indonesia Web3 startups

MCP Asset Management Company Limited, is licensed by the Securities and Futures Commission in Hong Kong to carry out investment advisory and asset management services. As one of the oldest and largest alternative asset managers in Asia they have been managing a broad range of global and Asian focused hedge fund related products including tailored,customized and commingled portfolios for their clients since 2002. Their clients include financial institutions, insurance companies and pension plans. They are a global team of over 50 professionals with extensive experience in the global equity and debt markets, global derivatives, structured products, fund administration, accounting and law.

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Investment focus

  • Industry: Mobile, Jewelry, Internet
  • Stage:Series A, Venture - Series Unknown, Seed
  • Geography: Japan, Hong Kong, Indonesia

Investor stats

  • Total investments: 6
  • Round size: Series A $1.6M–$10M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • YAMAP — YAMAP is born to make your outdoors, such as hike or ski, more safety, and more enjoyable with your iPhone. YAMAP App can track and log your outdoors, view elevation info, and build an online outdoor journal. 
Love & share the outdoors with YAMAP ! ■■ Three Main Features of YAMAP ■■ 1) Safe ◆YAMAP App makes your iPhone a special GPSdevice for the outdoors. YAMAP App could provide accurate positioning information with YAMAP's maps in Japan and your iPhone's GPS, even if you are in places not reached by mobile phone signals, such as in mountainous regions. 2) Convenience ◆ YAMAP Hybrid Maps YAMAP's maps are used as digital ones with your iPhone, and as ones on paper by downloading them to your PC (or tablet PC). 3) Share ◆You can easily share your outdoor data with your family and friends through YAMAP Web service. Once you finish your outdoor and save your data, YAMAP App automatically uploads to your online 'ACTIVITY REPORT' on YAMAP Web service (http://yamap.co.jp) where you can view your route, outdoor data, and a comprehensive workout history. In addition, YAMAP gives you the ability to easily share your outdoor data with friends and family.
  • BEJEWEL — A new tool that blends your everyday work apps into one. It's the all-in-one workspace for you and your team
  • SmartRetail — Smart vending machines
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Number Capital
VC Fund · 1 investments in Indonesia Web3 startups

Number Capital is an investment firm.

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Investment focus

  • Industry: FinTech, Financial Services, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Indonesia, India

Investor stats

  • Total investments: 8
  • Round size: Seed $752k–$7.7M; Pre-Seed $500k–$5.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Proglix — Proglix is ​​a goods procurement platform for raw materials and finished industrial goods.
  • Fieldproxy — Fieldproxy is the best field service management software to automate your field teams. Click here to get a free trial
  • Fresh Factory — Fresh Factory runs a web of hyperlocal cold-chain fulfilment centers in Indonesia.
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Peak XV Partners
VC Fund · Bengaluru, Karnataka, India · 1 investments in Indonesia Web3 startups

We help the daring build legendary companies.

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Investment focus

  • Industry: Software, Artificial Intelligence, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 886
  • Round size: Seed $1.5M–$11M; Series A $5.5M–$26M; Series B $10M–$63M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely actively investing — fresh fund, raised $1.3B in 2026

Portfolio highlights

  • Catalyst — Catalyst develops a platform that converts plain-English trading ideas into automated workflows that track real-time market data and execute financial trades within user-defined parameters.
  • Neo Asset Management — India's Premier New Age Asset Management and Financial Advisory Firm #neogroup #DoGood
  • Checkbox — Checkbox is an award-winning no code platform which allows users to build their own business apps for process automation.
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Return On Knowledge Capital
VC Fund · 1 investments in Indonesia Web3 startups

Return On Knowledge Capital is an investment firm.

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Investment focus

  • Industry: Gaming, Blockchain, Casual Games
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Eizper Chain — Eizper Chain is a blockchain action online multiplayer role-playing game that celebrates adventure and arena battle.
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Sumitomo Mitsui Trust Bank
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Indonesia Web3 startups, 21 in the past 12 months

Sumitomo Mitsui Trust Bank is an asset management firm and bank in Japan.

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Investment focus

  • Industry: Energy, Financial Services, Finance
  • Stage:Debt Financing, Post-IPO Debt, Series B
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 98
  • Round size: Series B $12M–$48M; Post-IPO Debt $106M–$5.6B; Debt Financing $7M–$1.1B
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Terra Charge — Terra Charge offers EV charging infrastructure business, EV charger installation proposals, installation work, operation, and maintenance.
  • Knowledge Work — Knowledge Work specializes in the development and sales of software for companies.
  • Kyoto Fusioneering — Kyoto Fusioneering is a research & development, design, and manufacture of parts related to fusion reactors.
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MV Global
VC Fund · Central, Hong Kong Island, Hong Kong · 1 investments in Indonesia Web3 startups

Master Ventures is a blockchain focused venture studio. We combine visionary ideas, exceptional talent, and investment capital to invest and build the next generation of revolutionary blockchain businesses and products.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, United Kingdom, Hong Kong

Investor stats

  • Total investments: 90
  • Round size: Seed $1.1M–$8.6M; Initial Coin Offering $100k–$60M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — raised $30M in 2021

Portfolio highlights

  • 0G — The First Decentralized AI Operating System
  • Yellow — Trades clear off-chain through state channels. Only the net result settles on-chain, across the chains participants already use.
  • Mind Network — The 1st Fully Homomorphic Encryption (FHE) Restaking Layer for AI and POS Networks. Mind Network is backed by Binance Labs, Hashkey, Big Brain, Chainlink, etc.
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PT Buckingham Holdings
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Web3 startups

PT Buckingham Holdings is an investment firm.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Non-Fungible Token (NFT)
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • SnowSeed — Connecting real assets with NFT utility
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AU21 Capital
VC Fund · San Francisco, California, United States · 1 investments in Indonesia Web3 startups

A fund dedicated to backing the most brilliant minds in the blockchain space

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 175
  • Round size: Seed $1.1M–$5.8M; Initial Coin Offering $1.2M–$14M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • PERL.eco — The Planetary Ecosystem Registration Ledger will be a dedicated blockchain for real-world ecological assets through tokenizing carbon credits and biodiversity, NFTs and decentralised (DeFi) rewards.
  • Meter.io — Meter.io is a base layer hybrid consensus protocol built to address the volatility, scaling and interoperability problems in the existing cryptocurrencies.
  • Injective — Explore Injective: the high-performance blockchain powering decentralized finance, governance, and next-gen Web3 apps with unmatched speed and scale.
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NGC Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Web3 startups

NGC Ventures has been investing in blockchain since 2017, with an investment thesis driven by infrastructure. We are an early-stage VC fund, among others, we invested early into Ziliqa, Solana, Avalanche, Filecoin. We have a global team of crypto natives that offers support and insights into token design, go-to-market and more.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Hong Kong

Investor stats

  • Total investments: 46
  • Lead/follow: no public data

Portfolio highlights

  • EthSign — EthSign is an e-signing platform that utilizes blockchain technology to offer a decentralized, customizable and transparent version of traditional signature service. EthSign aims to tackle data security issues caused by an over-reliance on centralized providers and build back trust in electronic signature services. With its Web3 technology(decentralized Identity, smart contract platforms and decentralized storage networks), the platform enables users to comment on, edit and access each version of an electronic agreement seamlessly and securely.
  • Shield — Shield is a holistic user security engine for web3 platforms and communities. Our system secures 250,000+ crypto users via discord bot and API integration.
  • Xverse — Xverse is the most advanced and user-friendly Bitcoin wallet. Earn BTC, trade Ordinals, and connect to Web3 apps powered by Stacks. Download for iOS, Android and Chrome.
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Enjinstarter
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Web3 startups

Web 3.0 Entertainment, Sports, Fashion, Metaverse, Social, Gamefi & Gamified Utility

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Investment focus

  • Industry: Blockchain, Gaming, Software
  • Stage:Seed, Initial Coin Offering
  • Geography: Canada, Turkey, Indonesia

Investor stats

  • Total investments: 12
  • Round size: Seed $1.2M–$11M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Edu3Labs — Edu3Labs combines education and blockchain technology to create a platform where content creators, learners, and NFE token holders can all benefit. Edu3Labs is a new and innovative way to make learning more engaging and rewarding for everyone.Also, Edu3Labs is a brand-new blockchain ecosystem aimed at the education sector, with the mission ofboth giving ownership and rewarding all parties in the ecosystem. The Edu3Labs ecosystem, which currently has an education and publishing-focused NFT marketplace and metaverse platform, is also planning to provide blockchain solutions to educational institutions.A short description of Edu3Labs; A new learning experience created by the integration of the online education sector and the blockchain technology.
  • BornTodie — Born To Die Game (BTDG) is a high-quality 3D shooter set in the metaverse. It centers on NFT-based heroes that drive the gameplay. Developed for two years, it's now set for launch. Players can choose free-to-play or play-to-earn modes; the latter lets them earn DIE tokens for minting in-game NFTs. An AI engine adjusts difficulty based on gamelevel, player skill, and weapons. A marketplace allows trading of NFTs, including hero derivatives.
  • AlterVerse — Discover AlterVerse, an immersive free-to-play game coming to the Epic Store. Explore endless possibilities in our boundless sandbox environment where survival skills are key. Join the adventure today!
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Raditya Pramana
Angel · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Web3 startups

Prior to Venturra, he was an Associate at IMJ Investment Partners and responsible of the fund's early stage VC investments in Indonesia. Chosen as one of the Young Leaders for Indonesia by McKinsey & Company, and finished as a top 10 Graduate. Holds his B.A. from Binus International University. Enjoys backpacking and photography.

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Investment focus

  • Industry: Audio, EdTech, Gaming
  • Stage:Seed, Pre-Seed
  • Geography: Indonesia, Vietnam, Philippines

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $110k–$1.5M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Geekzwolf — Blockchain-powered gaming hub platform that attract the real gamers in a way that gamers enjoy the most: Tournaments, quest hunting, and community
  • Marathon Education — Education, K-12, Tutoring, Edtech, Streaming, and Testprep
  • Podcast Network Asia — OUR PODCASTS CHART TOPPERS SPOTIFY EXCLUSIVES NEW SHOWS TO LOOK OUT FOR INDONESIAN PODCASTS SEE ALL SHOWS FEATURED ON Corporate Social Responsibility Podcasting for Brands
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822 industries, 177 countries. Updated daily. Emails and phones included.

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MUFG Bank
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Indonesia Web3 startups

MUFG Bank is Japan's largest bank. ; MUFG

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Investment focus

  • Industry: Energy, Renewable Energy, Financial Services
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 245
  • Round size: Post-IPO Debt $63M–$1.3B; Debt Financing $6.6M–$1.5B
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $300M in 2022

Portfolio highlights

  • Trifa — Trifa is a telecommunications service provider that provides eSIM internet access when traveling internationally.
  • Axiom Space — Creating a thriving home in space that benefits every human, everywhere.
  • Recurrent Energy — As a leading provider of distributed solar power, Recurrent Energy is overcoming the barriers to widespread solar adoption, making renewable energy a practical choice for today's large scale energy users. They are a developer and owner of locally-sited solar power systems, selling clean electricity to their customers worldwide at competitiverates via a Power Purchase Agreement (PPA) or Feed-in Tariffs (FiT). In return, their utility, commercial, and government customers achieve energy independence, predictable pricing, and enhanced sustainability.
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Init 6
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Web3 startups

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

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Investment focus

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

Investor stats

  • Total investments: 33
  • Round size: Seed $1M–$18M; Pre-Seed $1.1M–$2.3M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • imajin — Imajin adalah pasar online manufaktur di Indonesia yang menyediakan layanan dalam proyek 3D, mold, die, product, part serta penyewaan mesin CNC.
  • dibimbing.id — Dibimbing is a learning platform that provides skills for job preparation and career upgrades.
  • Bioma — Media Desa Terkini
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Xiaomi
VC Fund · Beijing, Beijing, China · 1 investments in Indonesia Web3 startups

Play to win vouchers and get up to 50% discounts!

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Investment focus

  • Industry: Manufacturing, Software, Information Technology
  • Stage:Series A, Series B, Series C
  • Geography: China, India, Indonesia

Investor stats

  • Total investments: 204
  • Round size: Series A $1.4M–$71M; Series B $2.8M–$60M; Series C $14M–$400M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Z.ai — Z.ai develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, and AutoGLM,a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Z.ai supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.
  • AIpark — AIpark is provides a smart parking management solution. AIPark upgrades traditional parking spaces into “smarter ones” for local governments or businesses by leveraging on its in-house visual recognition technologies.
  • SUNMEI Group — Shangmei Life Group was founded in Qingdao in 2010. It is a comprehensive group integrating hotel, hotel fast installation, home retail, catering, culture and entertainment. At present, the group has more than 5,000 hotels, 200 Boladi KTV, 30 home retail, 300 catering stores, and the total number of stores has exceeded 5,500. The number of membersexceeds 120 million.
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Chromia
VC Fund · Norrmalm, Stockholms Lan, Sweden · 1 investments in Indonesia Web3 startups

Chromia is a relational blockchain platform, making it easy for people to build decentralized apps in the real world, for a better world.

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Investment focus

  • Industry: Gaming, Blockchain, Web3
  • Stage:Seed, Pre-Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 4
  • Round size: Seed $1.6M–$4M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Ancient8 — Ancient8 is building an ETH gaming Layer 2 with OP Stack. Ancient8 offers a suite of Web3 gaming infrastructure tools that serve as the distribution and marketing channel for games globally.
  • XOOB Games — XOOB Games is the expediter in the field of web3 games.
  • Udon Finance — Revolutionizing decentralized lending on Chromia
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Tokoin
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Web3 startups

Tokoin offers a blockchain-related ecosystem of products and services that help to address issues in all aspects of the institution's business, including technology, funding, and business development. They provide a financial transaction freedom platform called T-Fi Tokoin De-Fi and a digital wallet called My-T Wallet.

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Investment focus

  • Industry: Blockchain, Information Technology
  • Stage:Pre-Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Gaspack — Gaspack is the go-to app for bridging brands, creators & artists and their super fans on web3.
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Blockchain.com Ventures
VC Fund · Palo Alto, California, United States · 1 investments in Indonesia Web3 startups

Blockchain.com is the most popular place to securely buy, store, and trade Bitcoin, Ethereum, and other top cryptocurrencies.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Series A, Seed, Venture - Series Unknown
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 49
  • Round size: Seed $1.7M–$4.5M; Series A $5.5M–$35M; Venture - Series Unknown $2.4M–$25M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Galxe — Galxe is an industry-leading web3 growth platform powered by analytics, automation, and engagement solutions.
  • PolySign — PolySign develops state-of-the-art, secure, scalable infrastructure for financial institutions to fully leverage their digital assets. The company also develops a secure and scalable infrastructure for financial institutions to fully leverage their digital assets. They aim to integrate with existing financial organizations and global markets, andrigorously embrace the highest standards for regulation.
  • NEAR — NEAR is the open infrastructure powering the agent economy. NEAR unifies liquidity across 35+ chains, keeps execution and inference confidential, and scales to over 1 million TPS.
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Kyros Ventures
VC Fund · 1 investments in Indonesia Web3 startups

We are the gateway of accessibility to Vietnam, the fastest-growing crypto market in the world.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: United States, Singapore, Vietnam

Investor stats

  • Total investments: 119
  • Round size: Seed $1.1M–$6M; Series A $1.5M–$50M; Venture - Series Unknown $50k–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Portal to Bitcoin — The only custody-less interoperability protocol for Bitcoin. Swap native BTC, Ordinals, Runes with L2s and L1s
  • Euler — Euler is modular lending infrastructure for using, launching and integrating lending markets. Lend, borrow or launch your own market.
  • WorkQuest — About WorkQuest WorkQuest is a decentralized employment and workforce automation protocol enabling employers and workers to collaborate through smart contracts, stablecoin payments, AI matching engines, and on-chain reputation scoring. The platform transforms global employment into a transparent, verifiable, and borderless digital labor economy.
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Jack Teoh
Angel · 1 investments in Indonesia Web3 startups

Jack Teoh

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Investment focus

  • Industry: Gaming, Blockchain, Casual Games
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • Eizper Chain — Eizper Chain is a blockchain action online multiplayer role-playing game that celebrates adventure and arena battle.
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Medi Crypto International
VC Fund · Dki Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Web3 startups

Medi Crypto International is an crypto currency exchanger in Indonesia. Our cutting-edge technology and innovative approach to digital currencies is changing the game for investors everywhere. With a diverse range of products and services, from our secure digital wallet to our user-friendly trading platform, we make it easy for you to take controlof your financial future.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Non-Fungible Token (NFT)
  • Stage:Seed
  • Geography: Indonesia

Investor stats

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

Portfolio highlights

  • SnowSeed — Connecting real assets with NFT utility
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Mapleblock Capital
VC Fund · Delhi, Delhi, India · 1 investments in Indonesia Web3 startups

Mapleblock Capital is an investment firm that exclusively consults and invests in crypto-assets and blockchain companies. It was founded in 2017 and is headquartered in Delhi, India.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: United States, Singapore, Switzerland

Investor stats

  • Total investments: 73
  • Round size: Seed $1.8M–$15M; Series A $3.2M–$20M; Venture - Series Unknown $5M–$62M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Vangrid — Vangrid operates as a decentralized physical infrastructure network.
  • ORO — ORO is an AI-powered DeFi companion that lets users manage, trade, stake, lend, and research crypto assets through natural-language conversations, ORO aims to simplify onchain finance by bringing portfolio management and DeFi actions into one conversational interface.
  • Fortune Protocol — Fortune Protocol brings the age- old tradition of fortune cookies to the modern prediction market.
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Web3 Investor funding in Indonesia at a glance

Stats across 52 deals from 161 investors.

161
investors
in Indonesia Web3 startups
52
deals
in Indonesia Web3 startups
$1.8M
median round
in Indonesia Web3 startups
20%
lead investors
lead at least one round
29%
Seed
most common funding stage
89/11
VC / Angel
share of investor count

Access all 161 investors in Indonesia Web3 startups.

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