Press Release

29 March 2022

Press Release

TipTip, a one-stop platform for content creators, raised US$ 10 million in seed funding led by East Ventures

TipTip, a one-stop platform for content creators across Southeast Asia, announced that it has secured US$ 10 million in the seed funding round, marking one of the biggest seed rounds ever. This funding was led by East Ventures, with the participation from Vertex, EMTEK, SMDV,…

16 March 2022

Press Release

wagely nets additional US$ 8.3 million in oversubscribed pre-series A funding

wagely, Asia’s fastest-growing financial wellness platform has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries on demand in Indonesia and Bangladesh. The funding comes in just seven months after securing its…

15 March 2022

Press Release

East Ventures becomes Indonesia’s first venture capital firm to sign UN Principles for Responsible Investment

East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, has officially become a UN Principles for Responsible Investment (UN PRI) signatory as part of its commitment to creating responsible and sustainable investment and ownership decisions. East Ventures becomes Indonesia’s first venture capital…

8 March 2022

Press Release

Mighty Jaxx raises US$ 20 million in series A+ funding led by East Ventures

Mighty Jaxx, an award-winning future culture company that designs and produces ‘phygital’ collectibles, announced the first close of US$ 20 million in their oversubscribed Series A+ funding round, pushing the company’s valuation to over US$ 200 million. The funding round, fueled by burgeoning interest in…

Bali’s Radiya Rondi enjoying a perfect tube ride in Grajagan

4 March 2022

Press Release

East Ventures sponsors two major Indonesia surfing tournaments

East Ventures is beyond happy to announce its support of not one but two surfing tournaments in Bali, the Vans Bali Pro presented by East Ventures from 8-9 March and the Liga Surfing Indonesia 2021 Grand Final from 11-13 March, which take place at Bali’s…

7 February 2022

Press Release

Bananas, Indonesia-based quick commerce startup, raises US$ 1.5 million seed funding led by East Ventures

Bananas, a quick commerce startup based in Indonesia, announced that it has secured US$ 1 million in seed funding. This funding was led by East Ventures, with the participation from SMDV, ARISE, MDI Ventures and a few angel investors. Bananas has also been accepted into…

28 January 2022

From Portfolios

Fuse insurtech achieved 2021 target by closing more than US$ 105 million in terms of GWP

Insurtech company Fuse announced an impressive 2021 performance with Gross Written Premium (GWP) of policies utilizing the Fuse platform exceeding US$ 105 million (IDR 1,5 trillion). This represents more than 2% of the market share in terms of the general insurance market. Despite the challenging…

28 January 2022

Press Release

Aruna raises US$ 30 million in follow-on series A funding, bringing total capital raised to US$ 65 million

Aruna, Indonesia’s leading fishery and marine platform, has announced a US$30 million Series A follow-on funding led by Vertex Ventures Southeast Asia & India. The round also saw participation from existing investors Prosus Ventures, AC Ventures, East Ventures (Growth Fund), Indogen Capital, SMDV and SIG…

Inteluck Founder and CEO Kevin ZhangInteluck Founder and CEO Kevin Zhang

26 January 2022

Press Release

Inteluck, technology-driven logistics platform in Southeast Asia, announced US$ 15 million series B funding

Inteluck, a Southeast Asian technology-driven logistics platform, said today that it has raised US$15 million in a Series B fundraising round. Creo Capital, a Hong Kong-based investment firm under New World Group, spearheaded the investment. East Ventures and Headline Asia are among the investors in…

20 January 2022

Press Release

Receiving investment led by East Ventures, mental health startup Riliv maximizes services to help face the pandemic and new normal

Mental health service startup Riliv announced that it has received seed round funding led by East Ventures. Other investors, such as Benson Capital, Sankalpa Ventures, Teja Ventures, Telkom Indonesia through Indigo Acceleration program, and Angel Investor Shweta Shrivastava also participated in this funding round to…

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Press Release

TipTip, a one-stop platform for content creators, raised US$ 10 million in seed funding led by East Ventures

wagely nets additional US$ 8.3 million in oversubscribed pre-series A funding

East Ventures becomes Indonesia’s first venture capital firm to sign UN Principles for Responsible Investment

Mighty Jaxx raises US$ 20 million in series A+ funding led by East Ventures

East Ventures sponsors two major Indonesia surfing tournaments

Bananas, Indonesia-based quick commerce startup, raises US$ 1.5 million seed funding led by East Ventures

Fuse insurtech achieved 2021 target by closing more than US$ 105 million in terms of GWP

Aruna raises US$ 30 million in follow-on series A funding, bringing total capital raised to US$ 65 million

Inteluck, technology-driven logistics platform in Southeast Asia, announced US$ 15 million series B funding

Receiving investment led by East Ventures, mental health startup Riliv maximizes services to help face the pandemic and new normal

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