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News and updates
Press Release
MAKA Motors, Indonesia-based electric vehicle (EV) startup, secures US$37.6 million seed round co-led by East Ventures
Indonesia-based electric vehicle (EV) startup MAKA Motors announced today the successful completion of its seed funding round, raising US$37.6 million. The funding round was co-led by East Ventures, AC Ventures, and South Korea’s SV Investment. This investment marks one of Southeast Asia’s largest seed funding…
Press Release
SoLeLands, an immersive game-based learning platform, raised funding led by East Ventures
SoLeLands, an immersive game-based learning platform to support kids’ self-discovery, announced that the company had raised funding led by East Ventures, with the participation of SMDV. The funding will be allocated for capacity building and product development in preparation for the soft launching in the…
Insights
Closing the digital divide: Four strategies to tackle digital access inequality
Indonesia’s digital development, marked by Information and Communication Technology (ICT) adoption, has been going rapidly, driven by the COVID-19 pandemic in the past few years. However, despite this accelerated progress, the distribution of technology adoption remains unequal, presenting various challenges for specific regions within the…
Press Release
The inaugural Climate Impact Innovations Challenge 2023 presents 12 finalists with game-changing solutions to drive sustainability in Indonesia and beyond
East Ventures and Temasek Foundation announced the 12 finalists of the Climate Impact Innovations Challenge (CIIC), the largest climate tech innovations platform of the year in Indonesia. The 12 finalists of the challenge consist of teams from each track of CIIC, including Renewable Energy, Food…
From Portfolios
Investing in people, the secret in building a media company that lasts forever
Establishing a company that prioritizes investing in people has become a crucial decision in addressing challenges in the modern era. Amidst technological advancements and intense business competition, a company that fosters strong relationships with its human resources and nurtures their potential possesses a significant competitive advantage. Human…
Insights
Why scaling up tech innovations will save the planet
Technology is crucial in our battle against climate change and the consequent depletion of resources, pollution, and ecological degradation. It has become increasingly clear that we must use technology sustainably and deploy it more effectively. The East Ventures Sustainability Report 2023 observes that the effects…
Press Release
East Ventures launches its annual Sustainability Report 2023
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, today launched East Ventures Sustainability Report 2023. This report demonstrates East Ventures and its ecosystem’s continued commitment to integrating Environmental, Social, and Governance (ESG) frameworks and practices in creating sustainable value for society. …
From Portfolios
Driving equitable digital access through ESG implementation in companies
Environmental, Social, and Governance (ESG) is no longer just a “good-to-have” framework. It is now a necessary strategy for businesses today, especially in the fast-paced digital landscape in which more companies emphasize sustainability practices. It was coined in 2005 by the International Finance Corporation (IFC)…
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