East Ventures donated 53 oxygen concentrators to BUMN Foundation for Indonesia

East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 companies in Southeast Asia, continues its support to overcome the COVID-19 pandemic in Indonesia by donating 53 units of oxygen concentrator (OC) to the BUMN Foundation for Indonesia (BUMN Foundation).

Digitalization is a new engine to boost the economy in Bali

Famously named the "Island of Paradise," Bali has relied on tourism to back its economy for decades. The travel and tourism sector has become the source of most Balinese people's livelihood. Therefore, the pandemic has brought extreme struggles for the province with a 4.3 million total population that relied heavily on the tourism economy.

Reimagining Indonesia’s agriculture by strengthening the supply chain

Indonesia is known as one the world’s major agricultural nations and some of the world’s largest producers and exporters of crops such as rubber, copra, palm kernels, palm oil, coffee, cocoa, and spices. However, Indonesia’s agriculture technology and productivity falls behind neighboring countries, something we believe that we can improve the industry by improving the supply chain.

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.

13 September 2022|Tags: , , , , , , , |

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.