News – 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.
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 efforts as the platform will be launched in November 2023.
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 Temasek Foundation are honored to host the CIIC 2023 Grand Finale as the sideline event of the ASEAN Business and Investment Summit 2023 on 2 September 2023 at The Ritz-Carlton Pacific Place, Jakarta.
GENEXYZ, a meta-human creator company, has raised seed stage funding of US$1 million led by East Ventures
GENEXYZ, a pioneering company in Indonesia that brings virtual influencer and human IPs in Indonesia, today announces the close of its seed funding of US$1 million, led by East Ventures. This round of funding is also participated by other investors such as Emtek, MDI, Trinity Optima, and Massive Music.
East Ventures fosters forest conservation and nature tourism in Komodo National Park
East Ventures, a leading and pioneering sector-agnostic venture capital firm in Indonesia, supported the management of conservation and nature tourism in Labuan Bajo, especially in the Komodo National Park. In collaboration with the Komodo National Park, the local government, and communities, this support consists of three main activities, including the planting of 5,000 mangrove seedlings, revitalizing tourist facilities, and cleaning up trash in the Komodo National Park area.
Aevice Health secures investment from East Ventures to bring next-generation remote respiratory platform to Southeast Asia
Aevice Health, a leading provider of remote respiratory monitoring solutions for the healthcare continuum based in Singapore, today announced that it has raised undisclosed funding from East Ventures, a pioneering and leading sector-agnostic venture capital firm focusing on Southeast Asia.
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 rounds to date for a hardware startup.
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, today 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 Q4 of 2023.