Mesh Bio, a health deep tech startup, secured investment from East Ventures
Mesh Bio, a Singapore-based health deep tech startup in transforming chronic disease management through predictive analytics, announced that it had raised an undisclosed amount of funding from East Ventures, a pioneering and leading sector-agnostic venture capital firm focusing on Southeast Asia. The funding will be allocated to further develop the digital twin technologies in chronic disease management and to expand its services across Southeast Asia, mainly Indonesia, Malaysia, and the Philippines.
Jack’s financial solutions to empower Indonesia’s SMEs
Indonesia is witnessing a significant rise in its new middle class, primarily driven by digital technology. Small and Medium-sized Enterprises (SMEs) are at the heart of this transformation, set to become a key driver of Indonesia's development.
Navigating the fintech landscape: Indonesia’s journey and potential
In the past few years, funding to the fintech sector has increased significantly. Between 2021 and 2022 it has increased by 83%, showing investors’ optimism about the opportunities in the sector. Indonesia's fintech sector has undergone dynamic evolution, beginning with innovations in online payments and diversifying into different vertical industries, reaching the untapped markets in tier 2 and tier 3 cities, and addressing the unique financial needs of other startups in the ecosystem. This evolution highlights the adaptability and diverse innovations within Indonesia's fintech landscape.
East Ventures and SV Investment announced the US$100 million dedicated fund for Southeast Asia – South Korea investment corridor
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, and SV Investment, a venture capital & private equity firm headquartered in Seoul, Korea, on 5 October 2023, announced the “East Ventures South Korea fund in partnership with SV Investment” with a target of US$100 million.
The woven beauty of the new East Ventures’ Batik, where heritage meets innovation
In the vibrant tapestry of Indonesia's cultural heritage, few art forms capture the essence of the nation quite like Batik. Batik has long been a source of pride and inspiration for Indonesians, and East Ventures is proud to have it deeply rooted in our day-to-day philosophy.
Bababos, manufacturing raw material procurement Platform, has secured US$3 million in Seed funding round led by East Ventures
Manufacturing raw material procurement platform, Bababos, has secured US$3 million in seed funding. The round was led by East Ventures, with the participation from Patamar Capital and Accion Venture Lab. This new funding was completed six months after the pre-seed funding in March 2023.
The future of fintech in Indonesia: Empowering financial inclusion and literacy
Financial technology (fintech) has experienced a notable surge in the new normal due to the COVID-19 pandemic. The potential of higher user penetration and a significant rise in digital transactions in the future has set the pace for the advancement of fintech.
Asia’s fastest-growing sneaker marketplace Novelship secures US$9.5 million in series B funding round led by East Ventures, following latest collaboration with Snoop Dogg
Singapore-based online streetwear marketplace, Novelship, has bagged US$9.5 million in its Series B funding round led by East Ventures, iGlobe Partners and GSR Ventures. The new funds will accelerate the company’s move to amplify its brand presence across Southeast Asia.