Aruna records 86x growth during pandemic
Aruna records 86x growth during pandemic, raised fresh funds from existing investors 12 August 2020 JAKARTA, 12 August 2020 — Aruna, a technology company in the marine and fisheries sector, closed a fresh round of funding from existing investors as the company records 86x growth amidst the pandemic. The US$5.5 million funding from East Ventures, AC Ventures, and SMDV will aid Aruna to scale its fisherman community ecosystem by expanding to more coastal areas. Therefore, the company can educate more fishermen to increase their productivity, product quality, and standardization. In addition, the capital raised will [...]
East Ventures Galang Seed Fund Baru
East Ventures Menghimpun Seed Fund Baru, Optimistis atas Perkembangan Ekonomi Digital Indonesia Pasca-Pandemi 26 Juni 2020 JAKARTA, 25 Juni 2020 — East Ventures, perusahaan investasi tahap awal yang paling aktif di Asia Tenggara, hari ini mengumumkan penutupan pertama dari penggalangan dana untuk seed fund baru. Perusahaan menargetkan untuk menghimpun US$88 juta ke dalam dana kelolaan ke-8 tersebut. Fokus fund terbaru itu adalah memberikan dukungan pendanaan kepada perusahaan yang muncul atau berkembang pasca-lockdown. Pandemi Covid-19 telah memukul kinerja bisnis dan perekonomian global serta mengubah kebiasaan manusia di seluruh dunia. Kondisi ini memaksa para entrepreneur untuk memikirkan [...]
East Ventures 8th fund
East Ventures Raises 8th Seed Fund for Tech Startups in Aftermath of Pandemic 26 June 2020 JAKARTA - Southeast Asia’s most active early-stage tech investment firm East Ventures announced that it has reached the first close on a new venture fund for innovative startups in the region. The investment vehicle is East Ventures’ 8th fund to date, and the firm aims to raise no more than US$88 million from limited partners. The new seed fund is designed for digital companies emerging in the post-lockdown aftermath of the Covid-19 pandemic. As the world has slowed down in [...]
Indonesia PASTI BISA Donasi 100.020 Test Kit
Indonesia PASTI BISA Donasi 100.020 Test Kit RT-PCR ke Penjuru Indonesia 18 Juni 2020 JAKARTA — Gerakan Indonesia PASTI BISA telah selesai memproduksi dan mendistribusikan lebih dari 100.020 test kit RT-PCR ke 19 provinsi di Tanah Air. Pengembangan dan produksi test kit Real Time Polymerase Chain Reaction (RT-PCR) buatan Indonesia adalah salah satu proyek dari Task Force Riset dan Inovasi Teknologi untuk Penanganan COVID-19 (TFRIC19) bentukan Badan Pengkajian dan Penerapan Teknologi (BPPT). Indonesia PASTI BISA, gerakan gotong royong yang digagas oleh East Ventures, menggalang dana senilai Rp10 miliar untuk menyediakan bahan baku produksi dan ongkos [...]
Indonesia PASTI BISA Donates RT-PCR Test Kits
Indonesia PASTI BISA Donates 100,200 RT-PCR Test Kits to Labs Across Indonesia 18 June 2020 JAKARTA — Indonesia PASTI BISA has produced and distributed 100,020 RT-PCR test kits to 19 provinces in Indonesia. The development and production of Real Time Polymerase Chain Reaction (RT-PCR) test kits made in Indonesia is one project of the Technology Research and Innovation Task Force for COVID-19 (TFRIC19) formed by the Indonesia Assessment and Application of Technology Agency (BPPT). Indonesia PASTI BISA, a collaborative movement started by East Ventures, raised funds worth IDR 10 billion to provide raw materials for [...]
Indonesia PASTI BISA disbursed IDR 5 billion
Indonesia PASTI BISA disbursed IDR 5 billion to procure raw materials for the production of 50.000 COVID-19 qPCR test kit 7 April 2020 JAKARTA, April 7, 2020 — Indonesia PASTI BISA, a collaborative movement initiated by East Ventures to support effort in fight against COVID-19, disbursed IDR 5 billion to purchase raw materials for the production of 50,000 COVID-19 qPCR test kits Indonesia PASTI BISA is raising fund with a target of Rp 10 billion to support TFRIC19, task force formed by the Agency for Assessment and Application of Technology (BPPT) to fight against COVID-19. [...]
Nusantics completed a COVID-19 qPCR test kit design prototype
Nusantics completed a COVID-19 qPCR test kit design prototype 4 April 2020 JAKARTA, 4 April 2020 – Nusantics has finished a design prototype of qPCR diagnostic that can specifically detect SARS-CoV-2 virus. The design process and laboratory testing of the test kit, named NUSANTARA TFRIC-19, was completed on Friday (3/4). Nusantics develop the test kit as a member of COVID-19 Research and Technology Innovation Task Force (TFRIC19) that formed by Indonesia Technology Assessment and Application Agency (BPPT). CTO of Nusantics Revata Utama explained that Nusantics designed the NUSANTARA TFRIC-19 using genomic data from the SARS-CoV-2 Asia [...]
East Ventures supporting development of COVID-19 test kits
East Ventures initiates Indonesia Pasti Bisa, supporting development and production of 100,000 COVID-19 test kits 27th March 2020 JAKARTA, 27th March 2020 — Since the finding of the first two cases of COVID-19 in early March, the spread of the SARS-CoV-2 virus keeps growing in Indonesia. Today, almost 900 cases of infection announced. One of the biggest obstacles met by Indonesia to contain the spread of the COVID-19 is test kits availability. Limited numbers of test kits available in the nation making it difficult for Indonesia to aggressively trace the spread of the virus, a [...]