News – Press Release
New investment fuels up ALAMI Group in pre-series B round led by East Ventures (Growth fund)
ALAMI Group, a leading Indonesian Shariah-compliant SME lending platform announced that it has successfully closed pre-series B round led by East Ventures (Growth fund) alongside returning investors namely AC Ventures, Quona Capital and FEBE Ventures. US-based venture capital firm Capria Ventures also joined the round, marking its first direct investment in Asia Pacific. The amount of the funding was not disclosed.
Bioma, a Product-as-a-Service startup, raised pre-seed funding co-led by East Ventures and Init-6
Bioma, a Product-as-a-Service startup that enables consumers to rent various types of physical assets, announced the completion of an undisclosed amount of pre-seed funding round co-led by East Ventures and Init-6. Bioma will allocate the fund to further expand its services, especially in catering to different use cases of the customers. Bioma will also utilize the fund to invest in more resources, mainly to add operations, products, and tech talents, ensuring a seamless user experience.
East Ventures donated 53 oxygen concentrators to BUMN Foundation for Indonesia
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 companies in Southeast Asia, continues its support to overcome the COVID-19 pandemic in Indonesia by donating 53 units of oxygen concentrator (OC) to the BUMN Foundation for Indonesia (BUMN Foundation).
Web3 discovery platform Playground closes pre-seed round co-led by East Ventures and Mirana
Playground, a new platform dedicated to Web3 Gaming and NFT discovery, announced the completion of its oversubscribed pre-seed funding round co-led by East Ventures and Mirana Ventures.
UENA, a hyperlocal online F&B startup, raised Seed funding led by East Ventures
UENA, a hyperlocal online F&B startup based in Indonesia, has raised an undisclosed seed funding round led by East Ventures, with a strong participation from IDN Media and several angel investors. UENA was founded by Alvin Arief (Co-Founder and Chief Executive Officer) and Roy Yohanes (Co-Founder and Chief Operating Officer), who are seasoned F&B entrepreneurs with more than 10 years of experience.
Gokomodo, Indonesian agribusiness supply chain solution, announces US$ 26 million series A funding led by East Ventures
Gokomodo, an Indonesian agriculture supply chain platform, announced a US$ 26 million series A funding round led by East Ventures. Other investors participating in the oversubscribed round are SMDV, Eight Capital, K3 Ventures, Triputra, Waresix, Indogen Capital, Sahabat Group, and Sampoerna Financial. This funding amount marked as one of the largest series A ticket sizes in Indonesia ever.
East Ventures-backed startups, Xurya, Nusantics, and Komunal, were crowned as Top Startup in the G20 Digital Innovation Network 2022
East Ventures-backed portfolio companies: Xurya, Nusantics, and Komunal, have been crowned as the Top Startup in the G20 Digital Innovation Network 2022, held in Bali, Indonesia, from 2 - 4 September 2022. They represented Indonesia on this global stage as part of the G20 Presidency of Indonesia with a theme of "Recover Stronger, Recover Together".
Disrupting Indonesia’s oral wellness space, KLAR Smile bags US$ 4.5 million pre-series A funding
Klar Smile, an oral wellness startup in Indonesia, announced that it raised a US$4.5 million pre-series A funding round co-led by East Ventures and AC Ventures. Other participating investors included Venturra Discovery, and several angel investors.