Artificial Intelligence in Indonesia: The current state and its opportunities
Most of the breakthroughs in artificial intelligence (AI) development are already happening in many countries, and in Indonesia, these innovations are also on the rise. With a young, tech-savvy population and favorable macroeconomic trends, Indonesian companies are starting to adopt and advance on AI's vast opportunities. Local and international investors are also eyeing AI's potential for Southeast Asia's largest economy.
East Ventures unveils IndoBuild AI, a platform for AI innovators to learn, collaborate, and solve real-world challenges in Indonesia
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, today announced the launch of IndoBuild AI, a dynamic platform for AI (artificial intelligence) innovators to learn, build, and showcase their AI-driven solutions to real-world challenges in Indonesia. This initiative brings together AI talents and tech ecosystem players to explore new untapped opportunities and accelerate AI adoption in Indonesia.
Nexmedis, an AI-powered health information system provider, secures funding co-led by East Ventures and Forge Ventures
Nexmedis, an Indonesia-based AI-powered Health Information System (HIS) provider, has secured an undisclosed amount of funding co-led by East Ventures and Forge Ventures. This funding will propel Nexmedis’ mission to revolutionize healthcare operations, enhance clinical services, and improve patient outcomes across Indonesia.
Fore Coffee: Reshaping Indonesia’s new coffee culture
The food and beverage (F&B) coffee industry in Indonesia has experienced significant growth in the last decade. This is apparent as more coffee shops and brands are emerging amidst intense competition, supported by the skyrocketing coffee consumption by Indonesians of various ages—which is projected to increase this year, reaching nearly five million bags from 3.5 million in 2018.
Putting on a virtual face for the internet
The world of virtual influencers enables users to produce creative content and live streams without having to show their real faces. They do this by creating virtual avatars, namely 2D or 3D characters that are designed to look like anime characters or other creative personas.
East Ventures and SV Investment announced the first close of its Southeast Asia – South Korea investment corridor fund
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, and SV Investment, a publicly listed venture capital & private equity firm headquartered in Seoul, South Korea, today announced the first close of its joint fund, branded as “East Ventures South Korea fund in partnership with SV Investment”.
The impact of DeepSeek on Indonesia’s generative AI landscape
The development of (Artificial Intelligence) technology in Indonesia has been growing rapidly in recent times. How can it not? AI has proven to be a prominent helper in solving human problems and supporting the growth of many businesses. This is especially relevant with the emergence of DeepSeek, a Chinese AI software company that offers an open-source large language model (LLM). Its debut sparked discussions worldwide, including in Indonesia.
Making a comeback: Nusantics’ CEO on a playbook for resilience and agility
When Nusantics launched its first PCR test kits for COVID-19 in 2020, it seemed destined to be a biotech success story. However, behind the scenes, the company was waging a battle against forces threatening its very existence.