Bababos, manufacturing raw material procurement Platform, has secured US$3 million in Seed funding round led by East Ventures

Manufacturing raw material procurement platform, Bababos, has secured US$3 million in seed funding. The round was led by East Ventures, with the participation from Patamar Capital and Accion Venture Lab. This new funding was completed six months after the pre-seed funding in March 2023.

Asia’s fastest-growing sneaker marketplace Novelship secures US$9.5 million in series B funding round led by East Ventures, following latest collaboration with Snoop Dogg

Singapore-based online streetwear marketplace, Novelship, has bagged US$9.5 million in its Series B funding round led by East Ventures, iGlobe Partners and GSR Ventures. The new funds will accelerate the company’s move to amplify its brand presence across Southeast Asia.

Hukumku, an Indonesia-based legal tech startup, raised funding led by East Ventures

Hukumku, an Indonesia-based legal tech startup focusing on legal consultation and services, announced the completion of funding led by East Ventures, the pioneering and leading sector-agnostic venture capital in Indonesia and Southeast Asia. The funding will be allocated to accelerate its product development and marketing efforts as the platform will be launched in November 2023.

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.

MAKA Motors, Indonesia-based electric vehicle (EV) startup, secures US$37.6 million seed round co-led by East Ventures

Indonesia-based electric vehicle (EV) startup MAKA Motors announced today the successful completion of its seed funding round, raising US$37.6 million. The funding round was co-led by East Ventures, AC Ventures, and South Korea’s SV Investment. This investment marks one of Southeast Asia's largest seed funding rounds to date for a hardware startup.

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.

East Ventures launches its annual Sustainability Report 2023

East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, today launched East Ventures Sustainability Report 2023. This report demonstrates East Ventures and its ecosystem’s continued commitment to integrating Environmental, Social, and Governance (ESG) frameworks and practices in creating sustainable value for society.