Manufacturing startup Imajin received Seed funding led by East Ventures
Imajin, a manufacturing startup based in Tangerang, Indonesia, announced that it has secured seed funding led by East Ventures, along with the participation of 500 SEA, Init 6, as well as other investors and angel investors. Imajin will allocate this funding to develop its products and services, improve the recruitment, and expand its domestic and international market coverage.
East Ventures’ way of investing
Over the past decade, we have seen the immense development of the digital ecosystem and tech startups in Indonesia. Often this accelerated growth can not be separated from the support of venture capitalists.
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.
Willson Cuaca’s coconut framework wants startups to focus on core strengths
More often than not, relying on a single specialized tool will be better suited for a particular job when compared to using a lot of gadgets and trying to force things to work.
How founders should navigate winter situation in sunny Indonesia
The technology sector faces global economic challenges due to the geopolitical situation and fears of an impending recession in the United States (US). This period and the media boom have pulled some digital startups down on corporate valuation and business operations and have implications for layoffs and fundraising struggles.
Recession run: East Ventures’ bets during a downturn
The funding winter is here. News of layoffs and troubles in startups have been cropping up. In this Q&A series, we talk to Southeast Asia’s investors to suss out what opportunities they see, their thinking, and areas of investment they are looking at in the next few months.
East Ventures remains bullish on Indonesia & Southeast Asia despite headwinds
The year 2022 may look rosy at first glance with high hopes of a post-pandemic recovery as most countries are re-opening their borders after disruptions from the COVID-19 pandemic.