Press Release2024-03-07T19:52:37+07:00

News – 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 next three years, to catalyze another S$300 million through its private sector partners, in areas including Advanced Manufacturing, Pharmbio / Medtech, Agrifood Tech, Sustainability (such as Energy, Circular Economy, Urban Mobility, Water), Spacetech and Quantumtech.

5 February 2025|Categories: Press Release|

East Ventures, a pioneer in Southeast Asia’s venture capital scene, closes its inaugural GP-led secondary transaction with Coller Capital

East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, announced today that it has closed its inaugural GP-led secondary transaction. Led by a global secondary firm, Coller Capital, East Ventures offered limited partners in its East Ventures 5 L.P. (“EV5” or the “Fund”), liquidity, bringing the total distributions-to-paid in the capital (“DPI”) of the Fund to approximately 2.0x.

20 January 2025|Categories: Press Release|Tags: , , , , , |

East Ventures’ market outlook 2025: Thriving in the new transitions and realizing a “believable Southeast Asia”

As new leaders take the helm in major countries, the global economic and market outlook is clearer, and promising opportunities are on the horizon. Projections indicate that the global growth is set to stabilize at around 3.1% over the next five years, indicating a resilient recovery from the pandemic’s impact.

6 January 2025|Categories: Press Release|

Climate Impact Innovations Challenge awarded SunGreenH2, Hydrogen Refinery, and AC Biode a total of Rp10 billion in grant funding to pilot their solutions in Indonesia

East Ventures and Temasek Foundation are proud to conclude the Climate Impact Innovations Challenge (CIIC) 2024, Indonesia’s largest climate tech innovations competition. This program was a culmination of an inspiring journey that began on 4 March 2024 and was concluded with a Grand Finale on 6 September 2024 held as the thematic session of the prestigious Indonesia International Sustainability Forum (ISF) 2024 at Jakarta Convention Center.

Mangkunegaran Digital Day 2024 leads the city of Solo to become sustainable digital hub through the integration of technology and culture

Mangkunegaran, in collaboration with Katadata Indonesia and East Ventures, a leading venture capital firm in Southeast Asia, hosted the “Mangkunegaran Digital Day 2024”, to facilitate in-depth discussions on strategies and concrete steps that can be implemented to accelerate digital transformation in Solo.

Climate Impact Innovations Challenge 2024 announces the finalists with revolutionary solutions aimed at driving sustainability in Indonesia and beyond

East Ventures, a pioneering and leading sector-agnostic venture capital firm that has supported over 300 tech companies across Southeast Asia, and Temasek Foundation, a Singapore-based non-profit philanthropic organization that supports sustainable development initiatives, announced the finalists of the Climate Impact Innovations Challenge (CIIC) 2024, Indonesia’s largest climate innovation tech competition. This year, the challenge focuses on finding climate solutions to be implemented in Indonesia based on three tracks: Energy Transition, Sustainable Agriculture, and Circular Economy.

Har Har Chicken!, the takeaway kiosk specializing in har cheong gai-focused menu items, raised funding led by East Ventures

Har Har Chicken!, the takeaway kiosk specializing in har cheong gai-focused menu items, announced today that it has raised funding led by East Ventures, a pioneering and leading sector-agnostic venture capital firm focusing on Southeast Asia.

East Ventures has again mapped out Indonesia’s digital competitiveness through the East Ventures – Digital Competitiveness Index 2024

East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia and Southeast Asia, together with Katadata Insight Center, today launched the East Ventures – Digital Competitiveness Index (EV-DCI) 2024. This marks the fifth edition since it was first launched in 2020. The EV-DCI 2024 research report maps Indonesia's digital competitiveness with the theme "Realizing Indonesia's digital sovereignty".