UENA, a hyperlocal online F&B startup, raised Seed funding led by East Ventures
UENA, a hyperlocal online F&B startup based in Indonesia, has raised an undisclosed seed funding round led by East Ventures, with a strong participation from IDN Media and several angel investors. UENA was founded by Alvin Arief (Co-Founder and Chief Executive Officer) and Roy Yohanes (Co-Founder and Chief Operating Officer), who are seasoned F&B entrepreneurs with more than 10 years of experience.
Gokomodo, Indonesian agribusiness supply chain solution, announces US$ 26 million series A funding led by East Ventures
Gokomodo, an Indonesian agriculture supply chain platform, announced a US$ 26 million series A funding round led by East Ventures. Other investors participating in the oversubscribed round are SMDV, Eight Capital, K3 Ventures, Triputra, Waresix, Indogen Capital, Sahabat Group, and Sampoerna Financial. This funding amount marked as one of the largest series A ticket sizes in Indonesia ever.
East Ventures-backed startups, Xurya, Nusantics, and Komunal, were crowned as Top Startup in the G20 Digital Innovation Network 2022
East Ventures-backed portfolio companies: Xurya, Nusantics, and Komunal, have been crowned as the Top Startup in the G20 Digital Innovation Network 2022, held in Bali, Indonesia, from 2 - 4 September 2022. They represented Indonesia on this global stage as part of the G20 Presidency of Indonesia with a theme of "Recover Stronger, Recover Together".
From news platform to a complete media ecosystem, IDN Media’s dream of democratizing information
When Winston Utomo started his writing on a site called IDN Times, the article gained much attention from social media just a day after it was published. He realized that there was a fundamental shift in the young generation, which made him began his journey in building a media company. Together with his brother, William Utomo, the Surabaya-born brothers started the journey of IDN Media on 8th June 2014.
Disrupting Indonesia’s oral wellness space, KLAR Smile bags US$ 4.5 million pre-series A funding
Klar Smile, an oral wellness startup in Indonesia, announced that it raised a US$4.5 million pre-series A funding round co-led by East Ventures and AC Ventures. Other participating investors included Venturra Discovery, and several angel investors.
East Ventures’ 9 startups listed in Forbes Asia 100 to Watch List
Forbes Asia 100 to Watch List spotlights 100 small companies and startups across Asia-Pacific that are addressing real-world challenges with fresh thinking and innovative products and services. In 2022, East Ventures is in the top 3 investors across APAC, with 9 portfolio companies listed in Forbes Asia 100 To Watch. They are ALAMI, Desty, Homage, Intellect, Intelluck, Luup, Novelship, Qapita, and The Parentic.
Leveling the playing field and democratizing the web through Web 3.0 investment
Web 3.0 has emerged as the idea of a new kind of internet service built using decentralized blockchains — the shared ledger systems used by cryptocurrencies and NFTs. Proponents believe that Web 3.0 will create new economies, products, and services that will return democracy to the web instead of the current monopolies over who controls information and makes money.
ARIA, a one-stop solution for Indonesia’s agriculture service, secured US$ 5 million of seed funding led by East Ventures
ARIA, a one-stop solution for Indonesia’s agriculture service, has secured US$ 5 million of seed funding led by East Ventures, who joined the pre-seed round in March 2022. This round of funding was also joined by Triputra Group, Michael Sampoerna, Arkana Ventures, GK-Plug & Play, and other strategic investors.