Indonesia

Indonesian farming startup Beleaf raises $2M seed funding led by Alpha JWC Ventures

Indonesian smart farming startup Beleaf announced Monday its recently closed Seed funding of $2 million led by Alpha JWC Ventures, with participation from BRI Ventures’ Sembrani Nusantara, MDI-Finch Capital’s Arise, and several prominent angel investors.

Indonesian financial management platform Pocket raises pre-seed funding led by East Ventures

Pocket, an Indonesia-based fintech startup providing a holistic financial health platform for families, announced Monday the completion of an undisclosed amount of pre-seed funding led by East Ventures.

Indonesia’s Ayoconnect raises $13M Series B+ led by SIG Venture Capital

Ayoconnect, an Indonesia-based open finance platform, has closed $13 million for its Series B+ financing round led by SIG Venture Capital with participation from CE Innovation Capital.

Indonesia’s Waste4Change grabs $5M Series A co-led by AC Ventures

Indonesia-based waste management platform Waste4Change announced Friday that it has secured a $5 million series A funding round, co-led by AC Ventures and PT Barito Mitra Investama.

Indonesia’s ALAMI closes pre-series B round led by East Ventures

ALAMI Group, an Indonesia-based Shariah-compliant small and medium-sized enterprise (SME) lending platform, announced Monday that it has successfully closed pre-series B round led by East Ventures (Growth fund) alongside returning investors namely AC Ventures, Quona Capital and FEBE Ventures.

AC Ventures partners BCG to promote Indonesia’s tech sector ESG standards

Indonesia-focused, early-stage venture capital firm AC Ventures (ACV) announced Wednesday that it has published Indonesia’s impact report to date on the local digital economy. In the report titled “Scaling Impact With Technology,” ACV analyzed its own operations, as well as those of its portfolio companies, to offer a numerical baseline for environmental,…

Indonesia’s Bioma raises pre-seed funding co-led by East Ventures and Init-6

Bioma, an Indonesia-based product-as-a-service startup that enables consumers to rent various types of physical assets, announced Tuesday the completion of an undisclosed amount of pre-seed funding round co-led by East Ventures and Init-6.

Indonesia’s Cosmart raises $5M Seed funding from Lightspeed, East Ventures, and Vertex Ventures Southeast Asia & India

Cosmart, an Indonesian membership-driven ecommerce platform for essential goods, announced Monday that it raised $5 million in an oversubscribed seed funding from Lightspeed, East Ventures, and Vertex Ventures Southeast Asia & India.

Indonesia’s Traveloka gets $300M investment from BlackRock, Allianz, Orion Capital Asia and others

Indonesia Investment Authority (INA), BlackRock, Allianz Global Investors, Orion Capital Asia, and other leading global financial institutions have signed an agreement to provide a financing facility of $300 million to Traveloka, an Indonesia-based travel and lifestyle platform.

Indonesia’s SerMorpheus raises $2.5M Seed fund led by Intudo Ventures

SerMorpheus, an Indonesia-based web3 brand-retailer enabler, announced Thursday the completion of a $2.5 million seed round of financing led by Intudo Ventures. The round also saw participation from 500 Global, Febe Ventures, AlphaLab Capital, BRI Ventures, and Caballeros Capital.