Nexmedis, an AI-powered health information system provider, secures funding co-led by East Ventures and Forge Ventures
Nexmedis, an Indonesia-based AI-powered Health Information System (HIS) provider, has secured an undisclosed amount of funding co-led by East Ventures and Forge Ventures. This funding will propel Nexmedis’ mission to revolutionize healthcare operations, enhance clinical services, and improve patient outcomes across Indonesia.
Fore Coffee: Reshaping Indonesia’s new coffee culture
The food and beverage (F&B) coffee industry in Indonesia has experienced significant growth in the last decade. This is apparent as more coffee shops and brands are emerging amidst intense competition, supported by the skyrocketing coffee consumption by Indonesians of various ages—which is projected to increase this year, reaching nearly five million bags from 3.5 million in 2018.
Putting on a virtual face for the internet
The world of virtual influencers enables users to produce creative content and live streams without having to show their real faces. They do this by creating virtual avatars, namely 2D or 3D characters that are designed to look like anime characters or other creative personas.
East Ventures and SV Investment announced the first close of its Southeast Asia – South Korea investment corridor fund
East Ventures, a pioneering and leading venture capital firm in Indonesia and Southeast Asia, and SV Investment, a publicly listed venture capital & private equity firm headquartered in Seoul, South Korea, today announced the first close of its joint fund, branded as “East Ventures South Korea fund in partnership with SV Investment”.
Making a comeback: Nusantics’ CEO on a playbook for resilience and agility
When Nusantics launched its first PCR test kits for COVID-19 in 2020, it seemed destined to be a biotech success story. However, behind the scenes, the company was waging a battle against forces threatening its very existence.
The journey of Edho Zell in building Social Bread
Creativity has become an extraordinary business core in this digital era. Edho Zell is a good example of a young entrepreneur who has harnessed this power through his startup, Social Bread, which is now thriving.
Consumption tech offers hope amid challenges in startup funding
In the challenging landscape of startup funding, characterized by economic uncertainties and fluctuating investment climates, consumption tech offers a beacon of potential recovery, said panelists at DealStreetAsia’s Indonesia PE-VC Summit 2025 last week.
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.