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News and updates
Press Release
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. This includes enhancing its logistics…
Press Release
Hukumku, an Indonesia-based legal tech startup, raised funding led by East Ventures
Hukumku, an Indonesia-based legal tech startup focusing on legal consultation and services, announced the completion of funding led by East Ventures, the pioneering and leading sector-agnostic venture capital in Indonesia and Southeast Asia. The funding will be allocated to accelerate its product development and marketing…
From Portfolios
East Ventures’ four founders listed in The Prestige 40 Under 40 List for 2023
Prestige Indonesia’s 40 Under 40 lineups have consistently showcased exceptional talent, ingenuity, and determination, and this year founders from East Ventures have made the list. From tech entrepreneurs to environmental advocates and burgeoning fashionistas, these individuals encapsulate the drive and diversity that are shifting paradigms…
Insights
Building a legacy: East Ventures’ vision and commitment to ASEAN’s flourishing future
Amidst global economic challenges, the ASEAN region stands out as a symbol of strength and adaptability. Holding the title of the world’s fifth-largest economy, ASEAN boasts impressive numbers: a combined GDP of US$4 trillion, a population of 650 million, over 70 million small and medium-sized…
Insights
East Ventures remains bullish with the vision of integrated Southeast Asia amidst the global geopolitical and uncertain market
The global economy remains uncertain due to high inflation globally and geopolitical conditions. This has created challenges for economies in Southeast Asia, particularly for digital startups. Inflation is still high, even though it is starting to ease. Interest rates are at a 15-year high and…
Insights
Roderick Purwana: Boosting ASEAN’s resilience, empowering collaborative investments through the ASEAN Business Entity Initiative
The Association of Southeast Asian Nations (ASEAN) has come a long way since its inception, striving to foster economic and cultural cooperation among its diverse member countries. As we continue on this journey, opportunities remain to enhance intra-ASEAN investments further and collaboration between ASEAN countries.…
Press Release
AfterOil, Qarbotech, BANIQL, and Waste4Change won a total of IDR 10 billion in grant funding from East Ventures and Temasek Foundation
After months of comprehensive selection journey, East Ventures and Temasek Foundation are proud to conclude the Climate Impact Innovations Challenge (CIIC) 2023, the largest climate tech innovations platform of the year in Indonesia. With Indonesia assigned to lead the ASEAN Chairmanship 2023, East Ventures and…
Insights
RI’s ASEAN chairmanship offers opportunity to increase investment in Southeast Asia
Indonesia’s 2023 ASEAN chairmanship, taking place a year after it hosted the Group of 20 Summit, has showcased the archipelago’s eagerness to play an even larger role in Southeast Asia as well as the global economy. Alongside showcasing Indonesia’s capabilities and leadership skills, the ASEAN…
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