AfterOil, Qarbotech, BANIQL, and Waste4Change won a total of IDR 10 billion in grant funding from East Ventures and Temasek Foundation
After months of comprehensive selection journey, East Ventures and Temasek Foundation are proud to conclude the Climate Impact Innovations Challenge (CIIC) 2023, the largest climate tech innovations platform of the year in Indonesia. With Indonesia assigned to lead the ASEAN Chairmanship 2023, East Ventures and Temasek Foundation are honored to host the CIIC 2023 Grand Finale as the sideline event of the ASEAN Business and Investment Summit 2023 on 2 September 2023 at The Ritz-Carlton Pacific Place, Jakarta.
RI’s ASEAN chairmanship offers opportunity to increase investment in Southeast Asia
Indonesia’s 2023 ASEAN chairmanship, taking place a year after it hosted the Group of 20 Summit, has showcased the archipelago’s eagerness to play an even larger role in Southeast Asia as well as the global economy.
Deep dive into LPs’ views on venture capital in Southeast Asia
For over a decade, East Ventures has been one of the leading sector-agnostic venture capital (VC) firms in Southeast Asia. Its strategic investments in the region have been vital to its tech evolution. From e-commerce to healthtech and beyond, East Ventures has nurtured innovations and entrepreneurship and shaped the region’s brightest minds into excellent founders.
Lessons in entrepreneurship and adaptability: RPG Commerce’s Melvin Chee on building a successful consumer product business
At the onset of his career, Melvin Chee knew he did not want a typical 9-5 job. At 18, he did his first internship with a startup founded by his cousin, Fong Wai Hong, in Melbourne. He went on to also intern for Groupon Malaysia and the online learning platform Udemy in the US. In San Francisco, he got a taste of the startup life in Silicon Valley. He became captivated by the innovative culture and dreamed of bringing that experience back to Malaysia.
Beyond Southeast Asia: Exploring global opportunity
Over the past decade, Southeast Asia's tech landscape has undergone a significant transformation. From budding startups to global expansion, the region is entering its golden era, backed by solid management, operations, and infrastructure.
Counting the economic consequences of a warming world
Climate change rapidly alters our world’s economic and social fabric, and Southeast Asia, particularly Indonesia, is no exception. Our region faces multifaceted challenges at all levels of society, impacting various sectors, including food security, tourism, and even healthcare.
East Ventures’ net-zero vision: Planting mangroves and embracing climate tech
In a significant stride towards combating climate change, East Ventures, as part of the Indonesian Chamber of Commerce and Industry (KADIN) Net Zero Hub, has pledged to become a net-zero company by 2060 at the latest. This commitment aligns East Ventures with the global efforts to reduce greenhouse gas (GHG) emissions and foster sustainable practices within our own firm and in broader ecosystem activities. The following are the various initiatives that East Ventures has undertaken in pursuit of this goal:
GENEXYZ, a meta-human creator company, has raised seed stage funding of US$1 million led by East Ventures
GENEXYZ, a pioneering company in Indonesia that brings virtual influencer and human IPs in Indonesia, today announces the close of its seed funding of US$1 million, led by East Ventures. This round of funding is also participated by other investors such as Emtek, MDI, Trinity Optima, and Massive Music.