TechCrunch

JANUARY 10, 2022

Indonesia-based eFishery announced today that it has raised what it claims is the largest round of funding by an aquaculture tech startup in the world. The funds will be used to scale up eFishery’s platform and expand into the top 10 countries for aquaculture, including China and India. Series B round.

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TechCrunch

MAY 8, 2022

Atma , an Indonesian startup that wants to make job hunting less painful, announced today it has raised $5 million in pre-seed funding led by AC Ventures, with participation from Global Founders Capital. Atma says up to over 100 million people in Indonesia fit into this category.

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TechCrunch

FEBRUARY 2, 2021

BukuWarung , an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc The amount was undisclosed, but sources say it brings BukuWarung’s total funding so far to $20 million. and an Indonesian retail conglomerate. Rocketship.vc

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Digital Fund Indonesia Raise 89

TechCrunch

AUGUST 9, 2021

Just two months after its last funding announcement , Indonesian crypto assets platform Pintu has closed a $35 million Series A+. Pintu’s previous funding, a $6 million Series A led by Pantera, Intudo and Coinbase Ventures, was announced in late May. million crypto investors in Indonesia, or about triple the 2.2

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TechCrunch

DECEMBER 13, 2021

Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. The startup has closed three funding rounds of Series B within the past six months, bringing the company’s total raised to over $70 million.

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TechCrunch

SEPTEMBER 14, 2021

Jakarta-based Xendit , best known for its digital payment infrastructure but also focused on other financial products, announced today it has raised $150 million in Series C funding, bumping its valuation to $1 billion. This new round brings its total funding so far to $238 million. Accel led Xendit’s $64.6 One big segment are SMEs.

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TechCrunch

MARCH 21, 2021

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. “Previously, these assets classes were only available to the wealthy in Indonesia,” said Pluang founder Claudia Kolonas in a statement.

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Indonesia Fund Classes India 91

TechCrunch

APRIL 5, 2021

million in Series C funding led by Japanese human resources management firm PERSOL Holdings. The new capital will be used on Glints’ expansion in Singapore, Indonesia, Vietnam and Taiwan and hiring for its product and engineering teams. Glints , the Singapore-based career platform, announced today it has raised $22.5

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TechCrunch

NOVEMBER 2, 2020

Logisly , a Jakarta-based startup that describes itself as a “B2B tech-enabled logistics platform,” announced today it has raised $6 million in Series A funding to help streamline logistics in Indonesia. ” Shipper, a platform for e-commerce logistics in Indonesia, raises $5 million. .”

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Indonesia Platform Raise Digital 109

TechCrunch

DECEMBER 28, 2021

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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Indonesia Asia Singapore Aggregator 122

Fast Company Tech

MARCH 17, 2025

Were working in places like Indonesia now, and Taiwan, where we have projects that get such consistent rainfall that were seeing our rainwater systems being utilized 80% of the year, Wright says. In some cases, schools now get most of their water from rain. We don’t even need to have storage.”

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TechCrunch

DECEMBER 1, 2020

.” Co-founder and chief executive officer Theodoric Chew launched Intellect earlier this year because while there is a growing pool of mental wellness apps in the United States and Europe that have attracted more funding during the COVID-19 pandemic , the space is still very young in Asia.

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TechCrunch

SEPTEMBER 14, 2022

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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TechCrunch

JULY 21, 2021

The funding was led by Asia Partners and Falcon Edge, with participation from Sequoia Capital India, Alpha JWC and Wavemaker Partners. Its last funding was a $25.4 Its last funding was a $25.4 Founded in January 2019, GudangAda is now used by half a million SMEs and covers 500 cities in Indonesia.

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TechCrunch

FEBRUARY 15, 2022

Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. TechCrunch first covered Funding Societies when it raised its Series A in 2016. million loan transactions.

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TechCrunch

NOVEMBER 12, 2020

Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. and expand its product in APAC, including the Philippines, Indonesia, Malaysia, Australia and Japan. Leading the round is MiddleGame Ventures and Ventura Capital, which are both existing investors in Railsbank.

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Sri Lanka Service Fund Raise 115

TechCrunch

MAY 15, 2023

million in pre-Series B funding, led by Headline Asia. The new funding will be used to grow its customer base in Singapore, Vietnam and Indonesia, and expand into new markets in Southeast Asia, like Malaysia, the Philippines and Thailand. The Singapore-based startup announced today it has raised $6.6

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TechCrunch

MARCH 2, 2022

The round was led by Go-Ventures, with participation from MDI Arise, MDI Centauri, Mercy Corps Social Venture Fund and angel investors. The funding will be used on hiring and increasing AgriAku’s market penetration. AgriAku is the latest among several agritech startups in Indonesia that have recently announced funding rounds.

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TechCrunch

JUNE 14, 2021

Carro , one of the largest automotive marketplaces in Southeast Asia, announced it has hit unicorn valuation after raising a $360 million Series C led by SoftBank Vision Fund 2. Other participants include insurance giant MSIG and Indonesian-based funds like EV Growth, Provident Growth and Indies Capital.

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TechCrunch

AUGUST 11, 2021

AppWorks , the Taipei-based venture capital firm focused on Taiwan and Southeast Asia, announced today it has closed its oversubscribed third fund, raising $150 million. Many of these LPs also participated in AppWorks’ $50 million second fund in 2014. Fund II also achieved internal rate of return (IRR) of 34.7%, compared to 26.1%

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Tech Soup

MAY 31, 2013

We proudly welcome NGO partners Vietnet-ICT and the Lin Centre in Vietnam, as well as ASEAN Foundation , Kopernik Marketplace , and YCAB Foundation in Indonesia to the TechSoup Global family. They are all part of TechSoup Asia , which serves charities in the Philippines, Malaysia, Singapore, Thailand — and now Vietnam and Indonesia.

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TechCrunch

JANUARY 6, 2021

Bibit , a robo-advisor app that wants to make investing more accessible in Indonesia, has raised $30 million from Sequoia Capital India. This funding is a growth round and comes after Bibit’s May 2019 Series A. Returning investors East Ventures, EV Growth, AC Ventures and 500 Startups also participated.

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India Indonesia Raise Fund 101

TechCrunch

AUGUST 3, 2021

InstaCarro , a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23 million in a Series B round of funding. Chehaoduo in India and Carro in Indonesia. . Indonesia and Mexico,” Nordin said. Notably, U.S.-based based firms co-led the investment, including J Ventures, FJ Labs and Rise Capital.

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TechCrunch

JANUARY 11, 2021

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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TechCrunch

MARCH 4, 2021

SiCepat , an end-to-end logistics startup in Indonesia, announced today it has raised a $170 million Series B funding round. The company’s last funding announcement was a $50 million Series A in April 2019. The logistics industry in Indonesia is highly fragmented , which means higher costs for businesses.

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Indonesia Raise Asia Fund 102

TechCrunch

MAY 19, 2022

Xendit , a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. The company’s new valuation wasn’t disclosed, but it hit unicorn status in its last round of funding in September 2021. Part of the funding will be used to expand into new markets, like Thailand, Malaysia and Vietnam.

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TechCrunch

SEPTEMBER 2, 2021

The new funding will be used to expand in Indonesia and develop new distribution channels, including insurance agents and SMEs. Insurance penetration is still relatively low in many Southeast Asian markets , including Indonesia, but the industry is gaining traction thanks to increasing consumer awareness.

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TechCrunch

NOVEMBER 29, 2021

Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 These include Pintu , Syfe and Ajaib , all based in Indonesia; and Singapore-based Stashaway. million US) to its war chest. The round was led by Prosus Ventures, the venture firm majority-owned by Naspers, and EDBI.

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TechCrunch

MARCH 28, 2021

billion funding last month. The startup, which claims to run the fourth largest stock brokerage in Indonesia based on number of trades, announced the $25 million first closing of its Series A in January. In Indonesia, less than 1% of the population own stocks , but that number is increasing, especially among millennials.

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Indonesia Raise Asia India 99

TechCrunch

JUNE 9, 2021

BukuWarung , a fintech focused on Indonesia’s micro, small and medium enterprises (MSMEs), announced today it has raised a $60 million Series A. The oversubscribed round was led by Valar Ventures, marking the firm’s first investment in Indonesia, and Goodwater Capital. BukuWarung’s new round brings its total funding to $80 million.

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TechCrunch

MARCH 15, 2022

million in pre-Series A funding, just seven months after announcing its seed round. The new funds will be used to fuel wagely’s expansion in Bangladesh, where it recently launched, and build other features to become a “holistic financial wellness platform,” including savings, insurance, long-term installment loans and financial education.

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TechCrunch

JULY 25, 2022

Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. One difference between SIV II and the first fund is that it can writer bigger checks. We align ourselves with a lot of the ESGs.”.

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TechCrunch

SEPTEMBER 21, 2021

The company, which focuses on halal products and other items for Muslim customers, announced today it has raised a $30 million Series B, led by UOB Venture Management’s Asia Impact Investment Fund II. Its goal is to reach more than one million resellers throughout Indonesia over the next five years.

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TechCrunch

DECEMBER 7, 2021

Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. The funding brings Flip’s total capital raised to $65million. . Flip is Insight Partners’ first investment in Indonesia. . This new funding is a testament to our team’s commitment and persistence.

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TechCrunch

MARCH 2, 2021

The rapid growth of e-commerce in Indonesia, especially during the pandemic, is placing increasing demands on its supply chain infrastructure. million funding round led by East Ventures. million funding round led by East Ventures. Indonesia’s Kargo comes out of stealth with $7.6M

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Indonesia Raise Offline Statistics 87

TechCrunch

MAY 2, 2021

This brings Bibit’s total funding to $110 million, including a Series A announced in May 2019. Bibit runs robo-advisor services for mutual funds, investing users’ money based on their risk profiles, and claims that 90% of its users are millennials and first-time investors.

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India Indonesia Raise Time 103

TechCrunch

MAY 20, 2021

The company is headquartered in Japan, with operations in Malaysia, and plans to expand into Singapore, Thailand and Indonesia. million USD) in pre-Series A funding from Rakuten Ventures and Beyond Next Ventures to build a B2B logistics platform for farmers that sell to restaurants, hotels and other F&B (food and beverage) businesses.

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