AWST launches with US$ 1.7 million funding led by East Ventures & notable partnerships secured
Singapore-based Web3 company AWST officially launches on 25 October. Leading to its launch, AWST has raised up to US$ 1.7 million in funding led by East Ventures, with participation from 500 Global and Antler. AWST is also the first Web3 company in Asia to work closely with Stripe to facilitate mainstream NFT transactions.
FitHappy, a digital health and wellness startup, secured pre-seed funding from East Ventures
FitHappy, an Indonesian-based healthtech startup, announced that it has secured an undisclosed amount of pre-seed funding from East Ventures, with participation from other investors.
Investment keeps pace, East Ventures looks deeper into startup fundamentals
The global supply chain crisis from the Russo-Ukrainian war and the tightening policies by the Chinese government have resulted in many central banks worldwide raising their benchmark interest rates, and the capital market is more gloomy than it was in the middle of last year.
Runchise raised seed funding led by East Ventures
Runchise, a restaurant management startup and culinary franchise in Indonesia, has officially launched its online application to increase operational efficiency and profit for restaurant or franchise owners, especially in the culinary field. At the same time, Runchise announced the completion of seed funding led by East Ventures.
How Desty elevates MSMEs to thrive in Indonesia’s growing commerce ecosystem
Mulyono Xu, a local Acehnese man, had spent most of his life in China since he started studying in China almost 20 years ago. His seasoned experience in e-commerce solutions in one of China’s giant tech marketplaces, Alibaba Group, gave him a ‘time-travel advantage’, a fresh perspective on what Indonesians need as the country’s digital ecosystem matures and the solution for it.
Pocket, a family financial management platform startup, raised pre-seed funding led by East Ventures
Pocket, an Indonesia-based fintech startup providing a holistic financial health platform for families, announced the completion of an undisclosed amount of pre-seed funding led by East Ventures. Pocket will allocate the fresh funds mainly for product penetration in increasing adoption and users. Pocket will also invest in developing its product and offering to complete the platform ecosystem.
East Ventures was listed in the Top Global & Asian investors in Q3 2022
East Ventures has been listed as the top ten of top global investors by the global market intelligence platform CB Insights. East Ventures is the only Southeast Asian venture capital firm focusing on the Indonesian market among other US-based and China-based VCs.
Willson Cuaca, a venture capital pioneer, makes FORTUNE Indonesia’s Businessperson of The Year 2022 list
Willson Cuaca, Co-founder & Managing Partner at East Ventures (EV), is one of the key figures behind capital injections into hundreds of start-ups in Indonesia. However, the story of how he raised investor funds and channeled them to startup founders—who, even then, only had an idea and didn't have a team yet—is a gamble. Yet, he never knew whether to win or lose.