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Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund

TechCrunch

Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. Aruna announced today it has raised $35 million in Series A funding led by Prosus Ventures and East Ventures Growth Fund, with participation from SIG and returning investors including AC Ventures, MDI and Vertex Ventures.

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Waste4Change is building a circular economy in Indonesia

TechCrunch

Even the largest landfills in Indonesia are at (or nearing) capacity , and the government has set an ambitious target of 30% waste reduction by 2025. Other participants in the round include Basra Corporation, Paloma Capital, PT Delapan Satu Investa, Living Lab Ventures, SMDV and Urban Gateway Fund.

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Indonesian savings and investment app Pluang gets $20M in pre-Series B funding

TechCrunch

Indonesia-based fintech Pluang announced today it has raised $20 million in a pre-Series B round led by Openspace Ventures, with participation from Go Ventures and other returning investors. Pluang’s latest round will be used to develop proprietary financial products to cover more asset classes, including government bonds.

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Southeast Asian startups to watch in 2022

TechCrunch

As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!” Backed by international LPs, Southeast Asia-focused venture firms like Alpha JWC , AC Ventures and Jungle Ventures raised their largest funds yet. Indonesian venture capital firm Alpha JWC closes $433M third fund.

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AC Ventures reaches first close of a $250M fund for Southeast Asian startups

TechCrunch

AC Ventures (ACV) , a venture firm focused on early-stage startups in Indonesia and the rest of Southeast Asia, has reached the first close of its fifth investment fund (Fund V). The fund is targeting $250 million and has raised 65% of that capital so far, mostly from limited partners who invested in ACV’s previous funds.

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Indonesian investment platform Ajaib gets $25 million Series A led by Horizons Venture and Alpha JWC

TechCrunch

Ajaib Group , an online investment platform that says it now runs the fifth-largest stock brokerage in Indonesia by number of trades, announced it has raised a $25 million Series A led by Horizons Ventures, the venture capital firm founded by Li Ka-Shing, and Alpha JWC.

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Krafton backs Indian influencer marketing platform One Impression in $10M funding

TechCrunch

One Impression, an Indian influencer marketing platform that does business in markets including Indonesia, Dubai, Europe and the U.S., has raised $10 million in a funding round led by the South Korean gaming company Krafton. The Krafton-led, all-equity Series A funding round also saw participation from Peer Capital.