What institutions should I look for in order to find an investment in Indonesia? What areas do they care about?
Editor’s note: This article is from WeChat public account “墨腾创投” (ID: MomentumWorks)< /a>, author Jessica.
After active VCs in Singapore, check out the active VCs in Indonesia.
According to Alpha JWC’s 2018 data, Indonesia’s total risk transaction reached $5 billion, a 40% increase from August’s $3 billion. The following is a list of active VC companies in Indonesia:
Alpha JWC Ventures (Indonesia)
Introduction: Alpha JWC Ventures was founded in 2015 and is headquartered in South Jakarta, Indonesia, with business coverage mainly in Asia Pacific and Southeast Asia
Main areas of concern: Technology companies in early Indonesia to growth stage
Latest Deal (2019): Invested in 41 startups, Goola (traditional Indonesian beverage), Bobobox Indonesia (capsule hotel), Ajaib (online investment platform), Target Media Nusantara (China Digital Media Network), Nusantara Technology (focus on providing digital services to small and medium-sized companies)
Agaeti Ventures (Indonesia)
Introduction: Agaeti Ventures was founded in 2018 and its business covers Asia Pacific and Southeast Asia
Main areas of concern: Technology start-ups before and during round A rounds, with operations in Indonesia and Southeast Asia
Latest Offers (2019): Invested in six startups, Ride Jakarta (indoor fitness studio), Bobobox Indonesia (capsule hotel), Kargo Technologies (freight logistics market), Fore Coffee (online coffee shop), Warung Pintar (micro retail technology company), Wahyoo (digitalization of local small stalls in Indonesia)
ATM Capital (China)
Introduction: ATM Capital was established in 2017 and its business coverage covers Asia Pacific.District and Southeast Asia
Main areas of concern: Southeast Asian start-ups from early to growing stages
Latest Deal (2019): Invested in 6 startups, Andalin (Digital Cross-border Transportation), Kargo Technologies (Cargo Logistics Market), theAsianparent (Online Magazine), Tickled Media (Asian Women Online Media), LifePal (online Health & Life Insurance)
Central Capital Ventura (Indonesia)
Introduction: Central Capital Ventura was founded in 2017 and is headquartered in Jakarta. Geographic coverage in Asia Pacific and Southeast Asia
Main areas of focus: Early financial technology start-ups, mainly in Indonesia
Latest Deal (2019): Invested in 7 startups, Pomona (a pan-channel that tracks sales conversions), 6Estates (AI data insights for business problems)
Convergence (Indonesia)
Introduction: Convergence was founded in 2013 and its business covers Asia Pacific and Southeast Asia
Main areas of concern: Start-ups in early Indonesia
Latest Deal (2019): Invested in 30 start-ups, Logisly (online forwarding truck), Stockbit (stock investor’s social networking platform), Dekoruma.com (end-to-end family and lifestyle platform), Moka (medium and small) Enterprise Mobile Sales), KoinWorks (P2P Loan), Sorabel (female fashion e-commerce platform), Gowork (shared workspace provider)
Discovery Nusantara Capital (Indonesia)
Introduction: Discovery Nusantara Capital is headquartered in Indonesia. Business coverage in Southeast Asia
Main Areas of Focus: Early Indonesian Internet Startups
Latest Deal (2018): Invested in 7 startups, Naobun Project (Intellectual Property Management Agency), Ranida Games (Indie Game Developer), SemiSoft (game developer), Tamatem Inc (played in the Arab market) Developer), Omni VR (virtual reality based game developer)
East Ventures (Singapore)
Introduction: East Ventures was founded in 2010 and covers Southeast Asia
Main areas of focus: Startups in Southeast Asia and Japan
Latest Deal (2019): 203 startups, Kedai Sayur (Technically Supported Vegetable Merchant), Ride Jakarta (Indoor Fitness Studio), 99.co (Online Property List), Mekari (SME Support) ), AllSome (e-commerce execution and logistics solutions), Feedloop (digital brand agency), Advotics (offline analysis platform), 7.5 Degree (Chinese economic media), Wahyoo (digitization of Indonesian local booths)
Emtek Group (Indonesia)
Introduction: Emtek Group was founded in 1983 with business coverage in Southeast Asia and Asia Pacific
Main areas of focus: Start-ups in the early stages of growth, mainly in Indonesian technology companies
Latest deals (2018 – 2019): Invested in 12 startups, Bukalapak (e-commerce), Qareer Group Asia (employment market platform)
Everhaus (Indonesia)
Introduction: Everhaus was founded in 2017 and covers Asia Pacific and Southeast Asia
Main areas of concern: Early-stage startup technology companies, mainly in the Indonesian market
Latest Deal (2019): Invested in 15 start-ups, Trukita (freight and truck-based forward market), Outpost (shared workspace provider), Doogether (online sports event booking platform), Bobobox Indonesia ( Capsule Hotel), Tado (Interactive Content Platform), Pixibo (Personalized Fashion Platform), Pomona (Tracking the Whole Channel of Sales Conversion), EdenFarm (B2B E-Commerce Platform for Agricultural Products)
Finch Capital (Netherlands)
Introduction: Finch Capital was founded in 2013 and its business coverage covers Europe and Southeast Asia
Main areas of concern: Early start-ups in the financial technology industry
Latest Deal (2019): Invested in 31 startups, Fixico (end-to-end car repair platform), Symmertical.ai (Financial Service Code Architecture), Twisto (daily payments and instant financing), TaxScouts (online tax preparation) ), JojonomIc (personal financial assistance)
Genesia Ventures (Japan)
Introduction: Genesia Ventures was established in 2016 and its business coverage covers Asia Pacific and Southeast Asia
Main areas of focus: seed and early stage technology start-ups
Latest Deal (2019): Invested in 22 start-ups, Logisly (online forwarding truck), Mobil Kamu (end-to-end solution for car buyers), Bobobox Indonesia (capsule hotel), KAMEREO (purchase and purchase The platform is HORECA business), Qoala (insurance technology)
Global Digital Prima (Indonesia)
Introduction: Global Digital Prima was founded in 2010 and its business covers Asia Pacific and Southeast Asia
Main areas of concern: Start-ups in the early stages of the consumer Internet industry
Latest Deal (2019): Invested in 16 startups, SweetEscape (Photo Service), Prosa.Ai (AI Indonesian Processing), Datasaur (AI Data Labeling Platform), 6Estates (AI Data Insight Service), Qlue ( Smart City App), Dekoruma.com (end-to-end home and lifestyle platform), Tinkerlust (fashion women e-commerce platform)
Golden Gate Ventures (Singapore)
Introduction: Golden Gate Ventures was established in 2011 and covers Asia Pacific and Southeast Asia
Main areas of concern: Early start-ups in the consumer Internet industry
Latest Deal (2019): Invested in 76 start-ups, Ritase (SaaS & Trucking Services), TaniHub (B2B Farm Market), Qoala (Insurance Technology), Jojonomic (Personal Finance Assistant), Sampingan (freelancer) Services), SpeQtral (quantum-based communication and network security systems), Carro (automotive market), ZUZU Hospitality Solutions (hotel software service solutions), Shohoz (online travel and ride sharing services)
Gobi Partners (China)
Introduction: Gobi Partners was founded in 2002 and its business covers Asia Pacific and Southeast Asia./p>
Main areas of focus: early to late technology start-ups, mainly focusing on China
Latest Deal (2019): 126 start-ups, Airlift Technologies (Bus Booking App), Easy Parcel (Online Parcel Delivery), Zhiketong Technology (Marketing for Hospitality and Entertainment Services), Megarobo ( AI & IOT Solutions), Chuangkit (Online Graphic Design Tools), Maria Health (Health Care), DOOgether (Online Sports Event Booking Platform), Zmjiudian (Online Hotel Recommendations and Reservations), Airwallex (Cross-Border Business Transactions), Aisi International (Digital Commercial Advertising)
Indogen Capital (Indonesia)
Introduction: Indogen Capital was established in 2016 and its business coverage covers Asia Pacific and Southeast Asia
Main areas of focus: Start-ups from the post-seed stage to the stage A
Latest Deal (2018): Invested in 12 startups, Sonicboom (underline voice data sharing), Gowork (shared office space provider), Travelio (family rental market), Kofera (digital advertising company focused on machine learning) ), Venteny Inc (Human Resources & Financial Technology Solutions), Fastwork (Freelance Platform), Carsome (Used Car Market), FundPark (P2P Loan)
Insignia Ventures (Singapore)
Introduction: Insignia Ventures was founded in 2017 and is headquartered in Singapore. Business coverage in Asia Pacific and Southeast Asia
Main areas of concern: Early technology start-ups, mainly in Southeast Asia
Latest Deal (2019): Invested in 30 startups, Ritase (SaaS & Trucking), Fore Coffee (online coffee shop), Tado (interactive content platform), Ajaib (online investment platform), AwanTunai (P2P loan) ), Edmicro (Education Technology), Igloohome (Digital Security Lock), YouTrip (Multi-currency Mobile Wallet), YukStay (Property Technology), Carro (Automotive Market), Finhay (Online Wealth Management Platform), Propzy (end toReal estate platform)
Intudo Ventures (Indonesia)
Introduction: Intudo Ventures was founded in 2017 and is headquartered in Jakarta. Business coverage in Asia Pacific and Southeast Asia
Main areas of concern: Seeds to early stage startups, mainly in Indonesia
Latest Deal (2019): Invested in 9 start-up companies, Ride Jakarta (indoor fitness studio), TaniHub (B2B agricultural market), Kargo Technologies (cargo logistics market)
Jungle Ventures (Singapore)
Introduction: Jungle Ventures was founded in 2012 and its business covers Asia Pacific and Southeast Asia
Main areas of focus: early stage technology start-ups
Latest Deal (2019): Invested 67 start-ups, KiotViet (sales software), Redoorz (accommodation platform), Moglix (e-commerce for industrial tools and equipment), Waresix (end-to-end online logistics platform), SweetEscape (Photography Service Platform), Tokititaki (Compliance Solution), FinAccel (Online Financial Services)
Kejora Ventures (Indonesia)
Introduction: Kejora Ventures was founded in 2013 and its business covers Southeast Asia and Asia Pacific
Main Areas of Focus: Vertical Startups in Early Technology and High Growth Markets
Latest Deal (2019): Invested 19 start-up companies, Sorabel (female fashion e-commerce platform), Sicepat Express (e-commerce delivery service), Etobee (logistics service)
Lima Ventura (Indonesia)
Introduction: Lima Ventura was founded in 2012 and is headquartered in Jakarta
Main Areas of Focus: Early Entrepreneurship
Latest deals: invest in 3 start-ups, Voyej (leather goods), Velospace (interior design services), Gorry (healthy food service)
Mandiri Capital Indonesia(Indonesia)
Introduction: Mandiri Capital Indonesia was established in 2016 and its business covers Southeast Asia and Asia Pacific
Main areas of concern:Early entrepreneurship
Latest Deal (2019): Invested in 10 start-ups, Mekari (Technical and Technical Assistance for SMEs); KoinWorks (P2P Loan)
MDI Ventures (Indonesia)
Introduction: MDI Ventures was established in 2015 and its business covers Southeast Asia and Asia Pacific
Main Areas of Focus: Early Startups
Latest Deal (2019): Invested 36 start-ups, QFPay (mobile payment system), FinAccel (online financial services), CXA Group (AI Health Ecosystem), Qlue (social media application smart city implementation), Kata.ai (chat robot service), Qoala (insurance technology)
Monk’s Hill Ventures (Singapore)
Introduction: Monk’s Hill Ventures was established in 2014 and covers Southeast Asia and Asia Pacific
Main areas of concern: Southeast Asia startup technology companies in the post-seed stage
Latest Deal (2019): Invested in 26 startups, Glints (Online Talent Recruitment and Career Platform), Saleswhale (AI Sales Assistance Platform), Jio Health (Health Care), iVideoSmart (Online Video Platform), Elsa ( Online English Voice Assistant)
Patamar Capital (Singapore)
Introduction: Patamar Capital was established in 2011 and its business coverage covers Southeast Asia and Asia Pacific
Main areas of concern: Early start-ups serving the “mass market” in South Asia and Southeast Asia
Latest Trading (2019): Invested in 26 startups, Supahands (machine learning and artificial intelligence training), Kinara Capital (SME loans), Big Tree Farms (agricultural supply chain management), Kalibrr (recruitment platform)< /p>
Prasetia Dwidharma (Indonesia)
Introduction: Prasetia Dwidharma was founded in 2008 with geographic coverage covering Asia Pacific and Southeast Asia
Main areas of concern: Early technology start-ups, mainly in Southeast Asia
Latest Deal (2019): Invested 21 start-ups, Mtarget (Marketing Automation Software), Red Kendi (B2B)Catering service provider), Ampotech (data collection and analysis power usage), Doogether (online sports event booking platform), Ekrut (algorithm-based headhunting, Tado (interactive content platform), Dropee (B2B e-commerce solution), Pixibo ( Fashion personalized platform)
SeedPlus (Singapore)
Introduction: SeedPlus was established in 2016 and its business coverage covers Southeast Asia and Asia Pacific
Main Areas of Focus: Early Startups
Latest Deal (2019): Invested in 21 startups, Logisly (online trucking), HOMISmarthome (Smart Home Service), Traveltop (online travel), Lapasar.com (online supply chain solution), Qoala (insurance) Technology), BlockPunk (blockchain & entertainment), Porter (end-to-end logistics solution)
Sequoia Capital (United States)
Introduction: Sequoia Capital was founded in 1972 and is headquartered in California. Business covers the United States, Israel, China, India and Southeast Asia
Main areas of focus: start-ups in the energy, finance, corporate, healthcare, internet and mobile industries from early to late stages
Latest Deal (2019): Invested in 1,254 startups, Trusting Social, Kopi Kenangan, Kargo Technologies, Online Pajak, Online Tax Services, Alto Solutions (investment platform), Ethos Life (insurance technology, mainly based on life insurance), Attentive (e-commerce mobile messaging platform), SignalWire (cloud-based communication platform), Truework (human resources software)
SMDV (Indonesia)
Introduction: SMDV was founded in 2014 and is headquartered in Jakarta. Business coverage in Southeast Asia and Asia Pacific
Main areas of concern: early technology start-ups
Latest Deal (2019): Invested in 21 startups, Kedai Sayur (vegetables technical support), Waresix (end-to-end online logistics platform), HappyFresh (online grocery platform), ForeCoffee (online coffee shop), Warung Pintar (miniRetail technology company), Wahyoo (digitalization of local small stalls in Indonesia)
Skystar Capital (Indonesia)
Introduction: Skystar Capital was founded in 2014 and is headquartered in Jakarta. Business coverage in Southeast Asia and Asia Pacific
Main areas of concern: Early technology start-ups, mainly in Indonesia
Latest deals (2019): Invested in 19 startups, SweetEscape (Photo Service Platform), Ritase (SaaS & Trucking), Ekrut (Algorithm-based headhunting platform), Dekoruma.com (end-to-end family and life) Platform), PHI integration (data technology solution)
Triputra Group (Indonesia)
Introduction: Triputra Group is headquartered in Jakarta
Main areas of concern: early technology start-ups
Latest Deal (2019): Invested 6 start-up companies, Kedai Sayur (vegetables technical support); Warung Pintar (micro retail technology company)
Venturra Capital (Indonesia)
Introduction: Venturra Capital was founded in 2015 and is headquartered in Jakarta. Business coverage in Southeast Asia and Asia Pacific
Main Areas of Interest: Early Internet Startups
Latest Deal (2018): Invested in 26 start-ups, Medigo Indonesia (Online Healthcare System), First Circle (SME Loan Service), Fave (Digital Business Platform), Iprice Group (B2C E-Commerce), Carro (Automotive market), Zilingo (Fashion & Beauty E-Commerce)
Vertex Ventures (United States)
Introduction: Vertex Ventures was founded in 1998 and covers the US, Israel, China and Southeast Asia
Main areas of focus: technology start-ups from early to growth
Latest Trading (2019): Invested in 357 startups, SOCASH (Digital Cash Flow Platform), Ace Turtle (Network Business Platform), Fyde (Digital Security Platform), Valtix (Cloud Network Security Platform), Active.ai (Banking Session Platform), Cylus (Railway Network Security), GlowRoad (Reseller Platform), OwnBackup (Cloud to Cloud Backup Service), Semidrive (Smart Chip Development), Class100.com (Online Teacher and Classroom Education Service)
Vynn Capital (Malaysia)
Introduction: Vynn Capital was founded in 2018 and its business coverage covers Asia Pacific and Southeast Asia
Main Areas of Focus: Early Startups
Latest Deal (2019): Invested in 4 startups, Pomona (tracking sales omnichannel) and Dropee (B2B e-commerce)
As more and more companies participate in venture capital, the VC industry continues to expand in Indonesia. As of October 2018, there were 65 registered VCs in Indonesia. However, not all companies are always active, and some are actually investing in different types of assets.
In Indonesia, in addition to Indonesian VC companies that are rooted in the land, foreign VCs often visit and invest in Indonesia. Some of these companies have begun to set up offices in Jakarta. We believe that more and more people will follow this trend.
Edit: Yunhao@出海
