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News and updates
Insights
The silver lining in the proptech sector
East Ventures’ thesis on Proptech startups We recently announced two new portfolio investments in property technology (Proptech) startups: AMODA – a prefabricated construction company; and Tanaku – a rent-to-own property tech company. Both startups are operating and localizing their solutions to serve Indonesia-specific markets. Their…
Press Release
Pintarnya closes Seed fundraise at US$ 14.3 million; East Ventures and Vertex Ventures SEA & India join the round
Pintarnya, one-stop digital platform for blue-collar workers to find employment opportunities in Indonesia, announced it has raised US$ 8 million from East Ventures and Vertex Ventures SEA & India (VVSEAI), bringing the total seed funding to US$ 14.3 million, one of the largest seed funding…
Press Release
East Ventures appoints Avina Sugiarto as Partner
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 200 companies in Southeast Asia, announced the appointment of Avina Sugiarto as a Partner at the firm. Willson Cuaca, Co-Founder and Managing Partner of East Ventures, said ”It is our honor to promote…
Press Release
Chickin, an Indonesia-based poultry startup, raised seed funding led by East Ventures
Chickin, an Indonesia-based poultry startup, raised an undisclosed amount of seed funding led by East Ventures with the participation of other investors. The investment will accelerate Chickin’s mission in enhancing Indonesia’s food security, where Chickin will allocate the fund to focus on improving their growth,…
Press Release
Proptech platform, Tanaku raises US$ 5.5m pre-seed funding led by East Ventures to radically transform home ownership in Indonesia
Tanaku, an Indonesia-based proptech startup, raised US$ 5.5m of pre-seed funding led by East Ventures. The round included equity and debt capital from an International Bank. The fresh capital will accelerate Tanaku’s mission to make homeownership accessible and radically transform the home buying experience, with…
Insights
Earned Wage Access as the financial solution for employees and companies
Earned Wage Access as the financial solution for employees and companies East Ventures’ Thesis on Earned Wage Access (EWA) platform July 12, 2022 The fintech sector has grown exponentially in Indonesia as it could fill the financial gap for millions of people. However, other issues…
Insights
Recession run: East Ventures’ bets during a downturn
The funding winter is here. News of layoffs and troubles in startups have been cropping up. In this Q&A series, we talk to Southeast Asia’s investors to suss out what opportunities they see, their thinking, and areas of investment they are looking at in the…
Press Release
AMODA, a property and construction startup, raised pre-seed funding led by East Ventures
AMODA, a property and construction startup in Indonesia, has secured an undisclosed amount of pre-seed funding from East Ventures, the leading sector-agnostic venture capital firm in Indonesia and Southeast Asia. AMODA was founded by Robin Yovianto, Co-Founder & Chief Executive Officer of AMODA and Agusti…
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