East Ventures’ net-zero vision: Planting mangroves and embracing climate tech
In a significant stride towards combating climate change, East Ventures, as part of the Indonesian Chamber of Commerce and Industry (KADIN) Net Zero Hub, has pledged to become a net-zero company by 2060 at the latest. This commitment aligns East Ventures with the global efforts to reduce greenhouse gas (GHG) emissions and foster sustainable practices within our own firm and in broader ecosystem activities. The following are the various initiatives that East Ventures has undertaken in pursuit of this goal:
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.
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.
EDB appoints East Ventures and other six fund management companies as Global Investor Programme
The Economic Development Board (EDB) of Singapore has appointed seven fund management companies as Global Investor Programme (GIP)-select funds. The seven fund managers offering GIP-select funds were appointed following a Call for Proposal (CFP) exercise conducted from 2-31 March this year.
Ringkas, digital mortgage platform, raises US$3.5 million in Seed round to roll out its platform across Indonesia
Ringkas, a digital mortgage platform with the vision to democratize home ownership, announced it has secured a US$3.5 million in Seed Round co-led by East Ventures and Crestone Venture Capital. Other investors that participated include 500 Global, Teja Ventures, Orvel Ventures, Hustle Fund, and others. With the capital from this round, the company will focus on advancing and scaling its platform across multiple cities in Indonesia and the secondary market.
DTC bespoke jeweler, MADLY raises new funding from East Ventures
MADLY, Singapore’s foremost bespoke jewelry design house, today announced an investment received from East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 300 tech companies across Southeast Asia. This funding serves as a vote of confidence from East Ventures to MADLY.