Indonesia

Singapore’s Antler partners Khazanah to launch and invest in Malaysia

Singapore-based venture capital firm Antler is extending its international footprint into Malaysia through a partnership with the sovereign wealth fund of Malaysia Khazanah. Khazanah said in a statement on Thursday that Antler is aiming to invest in over 30 startups across Malaysia over the next three years.

Malaysia’s Teleport unveils first A321 freighter

Teleport, the logistics venture seeded by Malaysia-listed firm Capital A Berhad, has officially inducted its first Airbus A321 Freighter (A321F) aircraft into its air logistics fleet, which is set to strengthen its position as the market leader in terms of most air cargo volume by tonnage across Southeast Asia, as certified by the World ACD.

Indonesia’s Orderfaz completes pre-seed funding led by 1982 Ventures

Orderfaz, an Indonesian fintech startup for social commerce sellers, has on Thursday announced the completion of a pre-seed round of financing led by 1982 Ventures. With this round of financing, the firm plans to bring on new hires across all functions to drive platform development and market expansion.

Former Allianz Indonesia CEO joins PasarPolis as President

Indonesia-based insurtech startup PasarPolis has appointed industry veteran Peter Van Zyl as its President. Former Director and Chief Executive Officer of Allianz Indonesia, Van Zyl will bring his deep expertise and leadership to bear on the firm's ongoing mission to democratize insurance.

Indonesia’s SoLeLands raises funding led by East Ventures

SoLeLands, an Indonesia-based immersive game-based learning platform to support kids’ self-discovery, has on Wednesday announced that the company had raised funding led by East Ventures, with the participation of SMDV.

AC Ventures’ ESG Head recruited by ASEAN Business Advisory Council for Carbon Center of Excellence

The ASEAN Business Advisory Council (ASEAN-BAC) Green & Sustainable Working Group has confirmed that it has inducted AC Ventures’ Principal and Head of ESG Lauren Blasco into its Carbon Center of Excellence (CCoE).

Indonesia’s KarirLab secures pre-seed round led by Alpha JWC Ventures, M Venture Partners

KarirLab, an Indonesia-based online platform connecting students and campuses with hiring employers, has announced its pre-seed funding from Alpha JWC and M Venture Partners, with participation from angel investors.

ATM Capital’s Tony Qu: How to capture Southeast Asia’s next super unicorn in this golden age of entrepreneurship?

ATM Capital Founder Tony Qu discussed the various changes currently happening in the Southeast Asian technology investment sector. Based on his experiences in the venture capital industry and the years he spent in the Southeast Asian region, Tony Qu also shared his insights on investing in the region, his experience investing in unicorn J&T Express and how…

Indonesia’s Eratani raises further $2M seed funding, bringing total seed funding to $5.8M

Eratani, an Indonesia-based agritech firm, has on Monday announced a further $2 million seed extension funding round, bringing the total seed funding to $5.8 million. The round sees participation by SBI Ven Capital through its joint fund with Kyobo Securities and NTUitive, Genting Ventures, Orvel Ventures & Ascend Angels.

Indonesia’s GoWork sees business grow by more than 2 times from pre-pandemic levels

Indonesia’s coworking space operator GoWork has reported that its business has grown by more than 2 times from pre pandemic levels. GoWork said in a statement on Monday that the uptick in business is a direct result of its ability to persevere through Covid-19 and its decision to expand its services.