AMODA, an Indonesia-based property and construction technology startup, raised Seed funding co-led by East Ventures and Living Lab Ventures
AMODA, a property and construction technology startup in Indonesia, has secured seed funding co-led by East Ventures and Living Lab Ventures. This round of investment strengthens AMODA’s balance sheet, following the pre-seed funding in 2022. This funding will be mainly allocated to expanding its product, technology, and operation capabilities.
Ringkas, digital mortgage platform, raises US$3.5 million in Seed round to roll out its platform across Indonesia
Ringkas, a digital mortgage platform with the vision to democratize home ownership, announced it has secured a US$3.5 million in Seed Round co-led by East Ventures and Crestone Venture Capital. Other investors that participated include 500 Global, Teja Ventures, Orvel Ventures, Hustle Fund, and others. With the capital from this round, the company will focus on advancing and scaling its platform across multiple cities in Indonesia and the secondary market.
The silver lining in the proptech sector
We recently announced two new portfolio investments in property technology (Proptech) startups: AMODA – a prefabricated construction company; and Tanaku – a rent-to-own property tech company. Both startups are operating and localizing their solutions to serve Indonesia-specific markets. Their recent funding rounds are seed and pre-seed, both led by East Ventures.
Proptech platform, Tanaku raises US$ 5.5m pre-seed funding led by East Ventures to radically transform home ownership in Indonesia
Tanaku, an Indonesia based proptech startup, raised US$ 5.5m of pre-seed funding led by East Ventures. The round included equity and debt capital from an International Bank. The fresh capital will accelerate Tanaku’s mission to make home ownership accessible and radically transform the home buying experience, with the current focus on building the product, expanding the team, acquiring homes, and executing the go-to -market strategy.
AMODA, a property and construction startup, raised pre-seed funding led by East Ventures
AMODA, a property and construction startup in Indonesia, has secured an undisclosed amount of pre-seed funding from East Ventures, the leading sector-agnostic venture capital firm in Indonesia and Southeast Asia.