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.
East Ventures announced the 30 team champions from the Coaching and Hackathon Program of Indonesia PASTI BISA Maju Terus Pantang Mundur
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 tech companies across Southeast Asia, has announced the 30 selected team champions from the coaching and hackathon program of Indonesia PASTI BISA, Maju Terus Pantang Mundur (Keep Moving Forward, Never Give Up) or IDPB MTPM. The champion teams receive a total funding of IDR 7.5 billion (around US$ 500,000) in the form of uncapped convertible notes, including the benefits and perks from the program’s prominent partners.
Ignite the burned out: Applying a healthy approach to burnout in the workplace
Everyone has responsibilities and expectations to fulfill, whether as business owners, startup founders, workers, parents, students, or many other roles. There must be times when we experience a state of exhaustion, both physical and emotional, that also involves a sense of reduced accomplishment. Based on the latest Deloitte report, named “Women @ Work 2022: A Global Outlook”, the report reveals that 53% of women say their stress levels are higher than they were a year ago, and almost half feel burned out.
TipTip announces over US$ 13 million series A funding round led by East Ventures
TipTip, a monetization platform for content creators in Southeast Asia, secured its US$ 13 million Series A funding round, following the startup’s US$ 10 million seed round funding earlier this year. The Series A funding was led by East Ventures with continued participation from Vertex, SMDV, B.I.G. Ventures and prominent angels.
East Ventures launched the fourth initiative of Indonesia PASTI BISA, Maju Terus Pantang Mundur, to revive and support the digital ecosystem in Indonesia
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 tech companies across Southeast Asia, today launched the fourth initiative of Indonesia PASTI BISA, namely Maju Terus Pantang Mundur (Keep Moving Forward, Never Give Up) or IDPB MTPM. It is a collaborative project led by East Ventures in response to the current rampant employee layoffs, especially in the tech ecosystem.
East Ventures signed the Memorandum of Understanding with KADIN Net Zero Hub and WRI Indonesia in advancing commitment towards net-zero targets
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 250 tech companies across Southeast Asia, signed a Memorandum of Understanding with the Indonesia Chamber of Commerce and Industry (KADIN) Net Zero Hub and World Resources Institute (WRI) Indonesia for the strategic partnership and collaboration in advancing commitment towards net zero targets.
AWST launches with US$ 1.7 million funding led by East Ventures & notable partnerships secured
Singapore-based Web3 company AWST officially launches on 25 October. Leading to its launch, AWST has raised up to US$ 1.7 million in funding led by East Ventures, with participation from 500 Global and Antler. AWST is also the first Web3 company in Asia to work closely with Stripe to facilitate mainstream NFT transactions.
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.