AMODA, an Indonesia-based property and construction technology startup, raised Seed funding co-led by East Ventures and Living Lab Ventures

AMODA, a property and construction technology startup in Indonesia, has secured seed funding co-led by East Ventures and Living Lab Ventures. This round of investment strengthens AMODA’s balance sheet, following the pre-seed funding in 2022. This funding will be mainly allocated to expanding its product, technology, and operation capabilities.

The silver lining in the proptech sector

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 recent funding rounds are seed and pre-seed, both led by East Ventures.