East Ventures races in a perfect storm: 2022 recap & 2023 outlook
2022 has been a challenging year for the tech industry, exacerbated by global issues and geopolitical conflicts. Despite these obstacles, we have managed to navigate through the crises and close the year on a positive note with a lot of significant and impactful endeavors.
FitHappy, a digital health and wellness startup, secured pre-seed funding from East Ventures
FitHappy, an Indonesian-based healthtech startup, announced that it has secured an undisclosed amount of pre-seed funding from East Ventures, with participation from other investors.
Investment keeps pace, East Ventures looks deeper into startup fundamentals
The global supply chain crisis from the Russo-Ukrainian war and the tightening policies by the Chinese government have resulted in many central banks worldwide raising their benchmark interest rates, and the capital market is more gloomy than it was in the middle of last year.
Insider tips for startups on how to approach venture capital
This past year, the Indonesian digital economy has consistently seen exponential growth especially in terms of new consumers. According to the Google, Bain and Temasek’s eConomy 2020 report, 1 in 3 digital service users were newcomers. To seize this opportunity, aspiring startup founders need to move fast to validate their ideas for innovation before entering the market and securing funding. While startups often turn to venture capital for funding, their business model is not always compatible with the venture capital-style of funding.
The Art of Investing in SEA’s Fastest-Growing Internet Economy
"There is a lot of gut feeling, but at the same time, you can sense it. Investing is indeed an art, it’s not really a science," Willson said.