Aevice Health secures investment from East Ventures to bring next-generation remote respiratory platform to Southeast Asia
Aevice Health, a leading provider of remote respiratory monitoring solutions for the healthcare continuum based in Singapore, today announced that it has raised undisclosed funding from East Ventures, a pioneering and leading sector-agnostic venture capital firm focusing on Southeast Asia.
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.
AMILI, a precision gut microbiome firm, raises new funding led by East Ventures
AMILI, Southeast Asia’s first and only precision gut microbiome company, today announced that it has secured new funding from East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 300 tech companies across Southeast Asia. This fund strengthens AMILI’s balance sheet, following the company’s series A funding in June 2022.
DTC bespoke jeweler, MADLY raises new funding from East Ventures
MADLY, Singapore’s foremost bespoke jewelry design house, today announced an investment received from East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 300 tech companies across Southeast Asia. This funding serves as a vote of confidence from East Ventures to MADLY.
Indonesia-based Praktis raises US$20 million of series A funding led by East Ventures
Praktis, an end-to-end supply chain enabler has raised US$20 million of series A round led by East Ventures (Growth fund) with participation from Triputra Group and SMDV. The investment will be allocated to accelerate technology enhancements for the brands sides, at the same time to help the suppliers to have an easier business process, better team building, and enhancement of the end-to-end supply chain ecosystem.
Digital competitiveness now more equitably spread across Indonesia
FOR all the talk of a global digital winter, Indonesia’s digital economy – on track to be worth an estimated US$360 billion by 2030 – continues to power ahead.
East Ventures launched the East Ventures – Digital Competitiveness Index 2023
East Ventures, a pioneering sector-agnostic venture capital firm that has supported over 300 tech companies across Southeast Asia, together with Katadata Insight Center and PwC Indonesia launched the East Ventures – Digital Competitiveness Index (EV-DCI) 2023, which is the 4th edition since it was first launched in 2020. The EV-DCI 2023 report presents the measurement of Indonesia’s digital competitiveness with the theme “Equitable digital nation”.
Equitable digital nation: Willson Cuaca, Co-Founder & Managing Partner at East Ventures
As an early believer in the capabilities of Indonesia's digital ecosystem since 2009, East Ventures has witnessed the evolution of digital growth in Indonesia. At that time, the internet penetration was only 30 million people. As of January 2023, internet penetration has reached 212.9 million, or 77 percent of Indonesia's total population. It is an astonishing number for the growth of Indonesia's digital economy.