Join Indonesia’s largest climate tech pitching competition: The Climate Impact Innovations Challenge 2024
One Saturday in October 2023, thick smog blanketed the runways of Soekarno-Hatta International Airport, Jakarta, Indonesia, forcing several inbound flights to be diverted to other airports. The heavy smog was from a massive landfill fire that started the day before and would take days to extinguish after burning through almost the entire landfill. Just weeks earlier, firefighters battled a persistent wildfire that ravaged savanna fields and forests in Mount Bromo for over a week.
Qapita’s revenue jumps to US$8.9m in FYE March 2023
Qapita, a Singapore-based equity management platform, has experienced significant revenue growth but also larger losses in its most recent financial year. The East Ventures-backed company’s revenue reached US$8.9 million in the 15-month period between January 2022 and March 2023 (FYE 2023).
East Ventures and Temasek Foundation unveil three new tracks for second edition of Indonesia’s largest climate tech innovations competition – Climate Impact Innovations Challenge 2024
East Ventures, a pioneering and leading sector-agnostic venture capital firm that has supported over 300 tech companies across Southeast Asia, and Temasek Foundation, a Singapore-based non-profit philanthropic organization that supports sustainable development initiatives, are pleased to announce the second edition of the Climate Impact Innovations Challenge (CIIC) 2024, Indonesia's largest climate tech innovations competition.
The rise of EV two-wheelers in Southeast Asia
While electric vehicles (EVs) are poised to transform mobility across the world, a lesser-known revolution is underway in Southeast Asia (SEA) – the rise of electric two-wheelers. In a region full of motorcycles and scooters, these silent, emission-free alternatives offer the most immediate promise to SEA countries in combating climate change and leapfrogging into a sustainable future.
East Ventures welcomes Sang Han as its new Partner for East Ventures South Korea fund
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia and Southeast Asia, announced Sang Han as a Partner for East Ventures South Korea fund. Sang will leverage his extensive experience to manage the fund operation of East Ventures in South Korea. This appointment follows the recent announcement of “East Ventures South Korea fund in partnership with SV Investment” of US$100 million in October 2023.
How to measure your company’s GHG emissions with ECOVISEA
While renewable energy continues to gain traction, fossil fuels remain the primary energy source for many businesses and industries. These ‘polluter’ industries, like manufacturing and transportation, are contributing to tons of greenhouse gas (GHG) emissions, harming the planet and its climate yearly.
East Ventures and Kadin Indonesia launched ECOVISEA, a free web-based greenhouse gasses calculator
East Ventures and The Indonesian Chamber of Commerce and Industry (Kadin Indonesia), today launched ECOVISEA, which stands for Emission Calculator & Visualization Southeast Asia. Collaborating with WRI Indonesia as a knowledge partner, ECOVISEA acts as a free web-based global greenhouse gas (GHG) calculator that helps companies calculate and measure their environmental impact.
15 key facts about East Ventures
Since its establishment in 2009, East Ventures has become the leading sector-agnostic venture capital firm in Southeast Asia. We are a holistic platform that provides multi-stage investment, from Seed to Growth stage, for over 300 tech startups and companies in Southeast Asia. Our investment comes from diverse sectors, ranging from commerce, Software as a Service (SaaS), fintech, to healthcare and climate tech.