East Ventures launched the fourth initiative of Indonesia PASTI BISA, Maju Terus Pantang Mundur, to revive and support the digital ecosystem in Indonesia

East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 tech companies across Southeast Asia, today launched the fourth initiative of Indonesia PASTI BISA, namely Maju Terus Pantang Mundur (Keep Moving Forward, Never Give Up) or IDPB MTPM. It is a collaborative project led by East Ventures in response to the current rampant employee layoffs, especially in the tech ecosystem.

24 November, 2022|Press Release|

East Ventures signed the Memorandum of Understanding with KADIN Net Zero Hub and WRI Indonesia in advancing commitment towards net-zero targets

East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 tech companies across Southeast Asia, signed a Memorandum of Understanding with the Indonesia Chamber of Commerce and Industry (KADIN) Net Zero Hub and World Resources Institute (WRI) Indonesia for the strategic partnership and collaboration in advancing commitment towards net zero targets.

15 November, 2022|Press Release|

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.

21 October, 2022|Press Release|

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. 

18 October, 2022|Press Release|

New investment fuels up ALAMI Group in pre-series B round led by East Ventures (Growth fund)

ALAMI Group, a leading Indonesian Shariah-compliant SME lending platform announced that it has successfully closed pre-series B round led by East Ventures (Growth fund) alongside returning investors namely AC Ventures, Quona Capital and FEBE Ventures. US-based venture capital firm Capria Ventures also joined the round, marking its first direct investment in Asia Pacific. The amount of the funding was not disclosed.

11 October, 2022|Press Release|

Bioma, a Product-as-a-Service startup, raised pre-seed funding co-led by East Ventures and Init-6

Bioma, a Product-as-a-Service startup that enables consumers to rent various types of physical assets, announced the completion of an undisclosed amount of pre-seed funding round co-led by East Ventures and Init-6. Bioma will allocate the fund to further expand its services, especially in catering to different use cases of the customers. Bioma will also utilize the fund to invest in more resources, mainly to add operations, products, and tech talents, ensuring a seamless user experience.

5 October, 2022|Press Release|