Inside Xurya’s journey to powering the future with solar panels
In the heart of Indonesia’s archipelago, where sunlight shines on emerald forests, a quiet crisis continues to unfold—the country still struggles with limited access to clean, sustainable energy. Despite its natural riches, the nation remains tethered to the limited energy resources, with the majority of its power drawn from fossil fuels like coal and oil—remnants of a past that no longer serve the promise of a greener future.
Why scaling up tech innovations will save the planet
It has become increasingly clear that we must use technology sustainably and deploy it more effectively. According to the East Ventures Sustainability Report 2023, to meet the investment needs of green solutions in Southeast Asia, which amount to around US$3 trillion by 2030, there is a need for tech innovations as catalysts.
Technology helps workforce improve skills: Eka Himawan, Managing Director of Xurya Daya Indonesia
Startups are synonymous with innovation. I think this spirit of innovation can create a solution that adds value to the economy as a whole. During the COVID-19 pandemic, there were a lot of startups or normal businesses that experienced a decline. But we should thank technology for helping startups become part of the trend.
Xurya receives US$ 21.5 million series A funding from investors led by East Ventures and Saratoga
Xurya, a renewable energy startup with a focus on Rooftop Solar Power Plant rental in Indonesia, announced series A funding of US$21.5 million or equivalent to Rp 308 billion. This series A funding round was led by a venture capital firm, East Ventures (Growth fund), and PT Saratoga Investama Sedaya Tbk. (Saratoga) with the returning participation of existing investors Schneider Electric and New Energy Nexus Indonesia.