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News and updates
Press Release
Nexmedis, an AI-powered health information system provider, secures funding co-led by East Ventures and Forge Ventures
Nexmedis, an Indonesia-based AI-powered Health Information System (HIS) provider, has secured an undisclosed amount of funding co-led by East Ventures and Forge Ventures. This funding will propel Nexmedis’ mission to revolutionize healthcare operations, enhance clinical services, and improve patient outcomes across Indonesia. Inefficiencies in healthcare,…
From Portfolios
Fore Coffee: Reshaping Indonesia’s new coffee culture
The food and beverage (F&B) coffee industry in Indonesia has experienced significant growth in the last decade. This is apparent as more coffee shops and brands are emerging amidst intense competition, supported by the skyrocketing coffee consumption by Indonesians of various ages—which is projected to…
From Portfolios
Putting on a virtual face for the internet
The world of virtual influencers enables users to produce creative content and live streams without having to show their real faces. They do this by creating virtual avatars, namely 2D or 3D characters that are designed to look like anime characters or other creative personas.…
Press Release
East Ventures and SV Investment announced the first close of its Southeast Asia – South Korea investment corridor fund
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, and SV Investment, a publicly listed venture capital & private equity firm headquartered in Seoul, South Korea, today announced the first close of its joint fund, branded as “East Ventures South…
Insights
The impact of DeepSeek on Indonesia’s generative AI landscape
The development of (Artificial Intelligence) technology in Indonesia has been growing rapidly in recent times. How can it not? AI has proven to be a prominent helper in solving human problems and supporting the growth of many businesses. This is especially relevant with the emergence…
From Portfolios
Making a comeback: Nusantics’ CEO on a playbook for resilience and agility
When Nusantics launched its first PCR test kits for COVID-19 in 2020, it seemed destined to be a biotech success story. However, behind the scenes, the company was waging a battle against forces threatening its very existence. Revata Utama, the firm’s CEO and co-founder, recently…
Press Release
East Ventures is appointed as a new partner of SEEDS Capital to catalyze S$300 million of investments into Singapore-based deep tech startups
SEEDS Capital (SEEDS), the investment arm of Enterprise Singapore (EnterpriseSG), has appointed East Ventures as one of 20 new local and global partners to co-invest in innovative Singapore-based deep tech startups. Under the Startup SG Equity scheme, SEEDS will set aside S$150 million over the…
Insights
Investing in health tech to tackle Indonesia’s greatest challenges
The COVID-19 pandemic has exposed critical gaps in Indonesia’s healthcare infrastructure, revealing structural and systemic shortcomings requiring scalable solutions. Change doesn’t happen overnight, particularly for the healthcare sector, which consists of multiple intertwined industries with strict regulatory oversight. But because the industry is highly regulated,…
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