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Top 50 Hardware Startup Investors in Indonesia (May 2026)

The most active venture capital funds and angel investors investing in Indonesia Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Indonesia Hardware startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Insignia Ventures Partners
VC Fund
4 Indonesia, Singapore, Vietnam Seed, Series A, Series B Financial Services, FinTech, Information Technology $50k–$131M
East Ventures
VC Fund
4 Japan, Indonesia, Singapore Seed, Series A Software, Information Technology, E-Commerce $640k–$42M
SMDV
VC Fund
3 Indonesia, Thailand, Singapore Series A, Seed, Series B E-Commerce, Information Technology, Financial Services $800k–$45M
Triputra Group
VC Fund
3 Indonesia Seed, Series A, Pre-Seed Supply Chain Management, Logistics, Information Technology $1.6M–$28M
Vertex Ventures Southeast Asia & India
VC Fund
3 India, Singapore, Indonesia Series A, Series B, Seed E-Commerce, FinTech, SaaS $1.5M–$45M
Mirova
VC Fund
2 France, United States, Kenya Series A, Private Equity Energy, Renewable Energy, Agriculture $5M–$250M
Pramodh Rai
Angel
2 Indonesia Seed, Convertible Note Rental, Internet, Software
Budi Handoko
Angel
2 Indonesia Seed, Pre-Seed Financial Services, FinTech, Software
Central Capital Ventura
VC Fund
2 Indonesia, Singapore, Australia Series A, Seed, Series B Financial Services, FinTech, Software $3M–$12M
Vertex Ventures
VC Fund
2 United States, China, Israel Series A, Series B, Series C Software, Information Technology, E-Commerce $2M–$100M
BEENEXT
VC Fund
2 India, Japan, Indonesia Seed, Series A, Series B Software, E-Commerce, FinTech $500k–$51M
LINE Ventures
VC Fund
2 Japan, Indonesia, Thailand Series A, Series B Software, E-Commerce, FinTech $2.4M–$549M
Pavilion Capital
VC Fund
2 United States, Japan, Indonesia Series B, Series A, Series C Biotechnology, Health Care, Information Technology $2M–$1.1B
Prasetia Dwidharma
VC Fund
2 Indonesia, Singapore, United States Seed, Series A, Pre-Seed Software, Information Technology, E-Commerce $100k–$7.8M
Jefriyanto Guang
Angel
2 Indonesia Seed Software, Developer APIs, Computer Vision
Init 6
VC Fund
2 Indonesia Seed, Pre-Seed Information Technology, E-Learning, SaaS
Ricky Winata
Angel
2 Indonesia Seed Software, Developer APIs, Computer Vision
Future Creative Network
VC Fund
2 Indonesia Seed Virtual Reality
Rohit Mulani
Angel
2 Indonesia, Philippines Seed Financial Services, FinTech, Payments
Chinmay Chauhan
Angel
2 India, Indonesia, Singapore Seed, Pre-Seed Financial Services, Sales, Banking $2.8M–$3M
Infia Media Pratama
VC Fund
1 Indonesia Seed Virtual Reality
BADideas.fund
VC Fund
1 Latvia, Estonia, Ukraine Seed, Pre-Seed SaaS, FinTech, Software $107k–$589k
Henry Hendrawan
Angel
1 Indonesia Seed B2C, EdTech, Retail
Bamboo Sea Ventures
VC Fund
1 Singapore, Indonesia, United States Seed, Pre-Seed, Corporate Round Big Data, Internet, Software
Michael van Swaaij
Angel
1 United States, Russian Federation, Israel Seed, Angel, Series A SaaS, Travel, Software $154k–$6M
Tiger Global Management
VC Fund
1 United States, India, China Series B, Series A, Series C Software, FinTech, Financial Services $5M–$298M
Jerry Yang
Angel
1 United States, China, Canada Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $1.1M–$33M
DS/X Ventures
VC Fund
1 Indonesia, Singapore Pre-Seed Information Technology, B2B, Internet
MassiveMusic
VC Fund
1 Indonesia Seed Virtual Reality
Antler
VC Fund
1 Singapore, United Kingdom, Australia Pre-Seed, Seed, Series A Software, Information Technology, FinTech $100k–$29M
BANSEA
VC Fund
1 Singapore, Indonesia, Togo Seed B2B, Artificial Intelligence, Information Technology $359k–$2.6M
Vulpes Investment Management Pte Ltd
VC Fund
1 Vietnam, Singapore, United Kingdom Seed, Series A, Convertible Note Health Care, Internet, Biotechnology $1M–$7M
Benz Budiman
Angel
1 Indonesia Seed Virtual Reality
Investible
VC Fund
1 Australia, United States, Singapore Seed, Series A, Pre-Seed Software, E-Commerce, Information Technology $125k–$6.1M
Amand Ventures
VC Fund
1 Indonesia Seed, Series A Financial Services, Retail, FinTech
EV Growth
VC Fund
1 Indonesia, Singapore, Thailand Series B, Series C, Series A FinTech, Financial Services, Internet
Hendra Kwik
Angel
1 Indonesia, Singapore, India Pre-Seed, Seed, Series B Financial Services, FinTech, Software $800k–$1.1M
Brightness Capital
VC Fund
1 Indonesia Seed B2B, Big Data, Logistics
MDI Ventures
VC Fund
1 Indonesia, Singapore, United States Series B, Seed, Series A Software, E-Commerce, FinTech $150k–$170M
PT Ekonomi Baru Investasi Teknologi
VC Fund
1 Indonesia Seed Virtual Reality
500 Southeast Asia
VC Fund
1 Singapore, Hong Kong, Malaysia Seed, Series D, Series A Artificial Intelligence, E-Commerce, Automotive $500k–$4M
Investa Syailendra Nuswatara
VC Fund
1 Indonesia Seed Virtual Reality, Augmented Reality
Fintech Nation
VC Fund
1 Indonesia Seed FinTech, Embedded Systems, Information Technology
Yumi Tsuda
Angel
1 Indonesia Seed Automotive, E-Commerce, 3D Printing
Hidenori Izaki
Angel
1 Indonesia Pre-Seed Coffee, Computer, Food and Beverage
Trinity Optima Production
VC Fund
1 Indonesia Seed Virtual Reality
Astor Investment Management
VC Fund
1 India, Indonesia Seed B2B, SaaS, Big Data
Khoo Investment
VC Fund
1 Indonesia Seed B2B, Big Data, Logistics
Conservation International Ventures
VC Fund
1 United States, Indonesia, United Kingdom Seed, Pre-Seed Aquaculture, Internet of Things, AgTech $1.4M–$2.5M
Tigalapan Investama Group
VC Fund
1 Indonesia Seed Virtual Reality, Augmented Reality
Access all 8 investors in Indonesia Hardware startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Insignia Ventures Partners
VC Fund · Singapore, Central Region, Singapore · 4 investments in Indonesia Hardware startups, 11 in the past 12 months

Insignia Ventures Partners is a venture capital firm that specializes in startup investment. Insignia Ventures Partners is an investment firm managed by a former Sequoia Asia partner, Yinglan Tan.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 122
  • Round size: Seed $50k–$6.5M; Series A $4M–$20M; Series B $12M–$131M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Bloomo Investment — Bloomo Investment is a software company that specializes in the development of smart and fun investment apps.
  • BroilerX — BroilerX is a poultry tech startup offering precision, sustainable, and scalable poultry technology and business to smallholder poultry farmers. By having an extensive poultry farming experience and reliable smart poultry technology, we aim to enhance poultry output and work with the poultry farmers and farming practitioners to understand thechallenges they face then tap into smart technology for solutions. We have been working with poultry farmers on a contractual basis since 2020. We provide smart tech services and technical expertise, as well as live birds and feed supplies, while the poultry farmers provide the labor, housing, and utilities to support the birds. This benefits the farmers because it protects the poultry farmer from the risk of changing market prices for poultry and feed ingredients such as corn and soybean meal, which represents most of the cost of raising poultry and helps keeping the price of nutritious poultry affordable for millions of families and the foodservice industry in Indonesia.We proudly work with thousands of independent poultry farmers every day, bringing quality protein from family farms to family tables.
  • Story Protocol — Story Protocol is building open IP infrastructure to grow the creativity of the internet era.
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East Ventures
VC Fund · Tokyo, Tokyo, Japan · 4 investments in Indonesia Hardware startups, 53 in the past 12 months

East Ventures is an early stage venture capital (VC) focused on Southeast Asia, Indonesia & Japan. Success cases include Tokopedia, Traveloka, and Mercari.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Seed, Series A
  • Geography: Japan, Indonesia, Singapore

Investor stats

  • Total investments: 334
  • Round size: Seed $640k–$16M; Series A $2.1M–$42M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • SoLeLands — SoLeLands provides children with future-ready skills, virtues, and applied competences and inspires children to love learning.
  • Maka Motors — MAKA is dedicated to building the best electric motorcycles for Indonesian riders.
  • Zenith Learning Group — Zenith Learning Group's mission is to deliver a holistic, world-class education to learners across South East Asia through technology.
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SMDV
VC Fund · Jakarta, Jakarta Raya, Indonesia · 3 investments in Indonesia Hardware startups, 6 in the past 12 months

SMDV sinar mas digital ventures

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Investment focus

  • Industry: E-Commerce, Information Technology, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Thailand, Singapore

Investor stats

  • Total investments: 47
  • Round size: Seed $800k–$5.3M; Series A $2.6M–$28M; Series B $18M–$45M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Praktis — PTS Supply Chain is lending brand owners a helping hand in managing day-to-day operational activity.
  • SIRCLO — SIRCLO is an e-commerce enabler in Indonesia that helps businesses sell online. SIRCLO offers solutions that are divided into 2 main categories; the entrepreneur (SIRCLO Store, IbuSibuk) and enterprise solutions (SIRCLO Commerce, ICUBE by SIRCLO, Sooplai, and Orami).Today SIRCLO has served more than 100.000 brands to grow their business online,with a team of 1.000 employees and representatives based in Bandung, Yogyakarta and Surabaya.
  • SoLeLands — SoLeLands provides children with future-ready skills, virtues, and applied competences and inspires children to love learning.
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Triputra Group
VC Fund · Jakarta, Jakarta Raya, Indonesia · 3 investments in Indonesia Hardware startups

Founded by T.P. Rachmat in 1998, Triputra Group consists of an investment company with actively managed interests in operating companies. The Group has since expanded its expertise to a wide variety of commodities and participated in various diversified businesses, such as agribusiness, manufacturing, mining, and trading & services. To date, itcomprises of 14 subsidiary holding companies and a total of 60,000 employees - making it one of Indonesia's largest Group of companies.

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Investment focus

  • Industry: Supply Chain Management, Logistics, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 14
  • Round size: Seed $1.6M–$5M; Series A $4M–$28M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • FishLog — FishLog is fisheries supply chains ecosystem. Our vision is to transform fragmented fisheries supply chains into an integrated and efficient ecosystem with reliable solutions that create value along fisheries network. Our mission is to be the largest fisheries network in Indonesia. Offer complete fisheries post-harvest management services. Creatinga transparant, fair-trade and sustainable transaction along fisheries ecosystem with all stakeholders in our network.
  • Gokomodo — Gokomodo is a supply Chain Platform and Services for Agribusiness and Commodities.
  • Coldspace — Comprehensive end-to-end integrated cold chain solution for your business needs. Our services include on-demand cold storage, reefer trucks, fulfillment services, and contract logistics/managed cold chain services. Ensure your products' freshness and integrity throughout the supply chain with our reliable and efficient solutions
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Vertex Ventures Southeast Asia & India
VC Fund · Singapore, Central Region, Singapore · 3 investments in Indonesia Hardware startups

Vertex Ventures Southeast Asia and India invests in high-growth start-ups seeking their first round of institutional venture capital funding in Southeast Asia and India, with a primary focus on Singapore, India, Indonesia, Thailand and other emerging hubs of innovation across the region. It has a long and strong track record of investing in early-stage startups and building champions like Grab, Patsnap, 17Live, Nium, FirstCry, Licious, AsianParent, Validus, Warung Pintar, and others.

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Investment focus

  • Industry: E-Commerce, FinTech, SaaS
  • Stage:Series A, Series B, Seed
  • Geography: India, Singapore, Indonesia

Investor stats

  • Total investments: 94
  • Round size: Seed $1.5M–$5.5M; Series A $3.3M–$14M; Series B $6.4M–$45M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Speedoc — Speedoc is an industry leader in the digital health space with a mission to provide accessible and affordable healthcare to patients. As a virtual clinic and hospital care provider combining physical-digital services to challenge the traditional centralized, facility-based model, Speedoc believes that this will be the solution to the agingpopulation faced by many countries in the region as the demand for medical care increases. Their services include house call doctors, nurses, medications delivery; and is complemented by telemedicine, remote diagnostics and health monitoring. With Speedoc, home medical services need not be limited to only certain groups of patients, but to everyday people who may require GP or A&E visits for themselves or their loved ones.
  • Fairatmos — Create your Green House Gasses sequestration project proposal, verify for credits, support projects and buy credits all in one platform.
  • Validus — Validus offers fast SME working capital loan in one day, free SME business account for growing businesses and startups, and instant corporate debit cards.
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Mirova
VC Fund · Paris, Ile-de-France, France · 2 investments in Indonesia Hardware startups, 7 in the past 12 months

Mirova is an asset managerment company offering investment solutions that combine financial performance with environmental and social impact.

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Investment focus

  • Industry: Energy, Renewable Energy, Agriculture
  • Stage:Series A, Private Equity
  • Geography: France, United States, Kenya

Investor stats

  • Total investments: 21
  • Round size: Series A $5M–$11M; Private Equity $103M–$250M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $1.7B in 2022

Portfolio highlights

  • DRIVECO — DRIVECO provides charging stations for electric vehicles, production of green energy, storage, energy, management, infrastructure operation, financial aid subsidies, third-party investment offers, and financing solutions.
  • Carbonwave — Seaweed provides a sustainable and regenerative platform to address CO2 sequestration, pollution and volatility from our climate emergency. Our systems-level approach means that every part of our operation - from collection to distribution - is geared at restoring vital ecosystems and supporting resilient circular economies.
  • Label Emmaüs — Label Emmaüs is an online marketplace for solidarity.
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Pramodh Rai
Angel · 2 investments in Indonesia Hardware startups

Pramodh Rai is the Co-Founder at Cyber Sierra. He attended Nanyang Technological University Singapore.

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Investment focus

  • Industry: Rental, Internet, Software
  • Stage:Seed, Convertible Note
  • Geography: Indonesia

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Flokq — Get Room for Rent in Jakarta from Flokq. Looking to Share apartment or monthly rental Coliving Space in Jakarta? Connect with us today!
  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
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Budi Handoko
Angel · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Hardware startups

Budi Handoko - Co-Founder & COO @ Shipper

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • UpBanx — Upbanx helps to manage money, get financing, grow commercial partnerships, launch digital assets and raise investments.
  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
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Central Capital Ventura
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Hardware startups

Central Capital Ventura (CCV) is the venture and innovation arm of Indonesia's largest private bank, Bank Central Asia

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Series A, Seed, Series B
  • Geography: Indonesia, Singapore, Australia

Investor stats

  • Total investments: 18
  • Round size: Series A $3M–$12M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • JULO — JULO provides affordable unsecured personal loan (KTA) exclusively to smartphone users.They strive to provide low cost loan product to the masses while ensuring that it's economically viable to their lender partners. This is achieved by exercising prudent underwriting assessments to ensure that approved applicants are both able and willing topay back.They also reward positive behavior by giving cashback bonus and allowing good customers to borrow a higher amount at lower interest rate at loan maturity.
  • Paxel.co — Kirim Sameday Delivery antarkota dengan ongkir FLAT s/d 5 kg hingga kirim paket berat s/d 20kg pakai PaxelBig. Ada Jaminan Makanan Aman bahkan untuk Frozen Food
  • MiyaHealth — MiyaHealth develops technologies to improve the healthcare experience for patients.
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Vertex Ventures
VC Fund · Palo Alto, California, United States · 2 investments in Indonesia Hardware startups, 7 in the past 12 months

Vertex US is an early stage VC that backs fearless founders building a smarter digital economy through B2B software.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Series A, Series B, Series C
  • Geography: United States, China, Israel

Investor stats

  • Total investments: 352
  • Round size: Series A $2M–$28M; Series B $4.7M–$41M; Series C $8.9M–$100M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • CloseFactor — CloseFactor uses machine learning to reimagine the business to business sales process, bringing the benefits of greater automation and precision targeting to sales teams.
  • ElevateBio — We provide the tools, time, and environment to innovate and accelerate development of life-saving Cell and gene therapies.
  • Ledge — Automate your finance operations with Ledge and gain full payments visibility, automated reconciliation, and a single source of payments truth. Say goodbye to manual work and financial data chaos. Get started in minutes, integrate with your existing payments stack, and focus on strategic tasks with confidence.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
BEENEXT
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Hardware startups, 14 in the past 12 months

BEENEXT is a Venture Capital fund managed by serial entrepreneurs that focuses on assisting founders with its operational experience, network, trust, unique perspectives, and the capital. The team invests in early-stage tech start-ups that are focused on building the new digital platforms driven by the data network. BEENEXT aims to establish aplatform of founders, by the founders and for the founders across the globe, primarily in South East Asia, India and Japan. Since its establishment in 2015, the team has invested in over 180 companies globally.

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Investment focus

  • Industry: Software, E-Commerce, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: India, Japan, Indonesia

Investor stats

  • Total investments: 222
  • Round size: Seed $500k–$11M; Series A $3M–$28M; Series B $4.6M–$51M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • FoodMap — FoodMap is a startup with the goal of connecting customers with ethical farmers and food suppliers directly.
  • Gushwork — Gushwork provides a platform for small and medium businesses to get on-demand access to cross-border, AI-augmented remote workforce. They are enabling a one-click process for businesses to delegate or automate their day to day mission-critical business workflows.
  • StepChange — Discover StepChange, India's best platform for ESG management. Measure, analyse, report, and reduce emissions. Request a free demo to get started!
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LINE Ventures
VC Fund · Shinjuku, Yamanashi, Japan · 2 investments in Indonesia Hardware startups

LINE Ventures is a venture capital investment firm that invests in games, internet advertising, and flexible investment fields.

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Investment focus

  • Industry: Software, E-Commerce, FinTech
  • Stage:Series A, Series B
  • Geography: Japan, Indonesia, Thailand

Investor stats

  • Total investments: 39
  • Round size: Series A $2.4M–$549M; Series B $10M–$165M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $687M in 2015

Portfolio highlights

  • Mellia — Mellia is a beauty company that provides cosmetics, body care products, and supplements.
  • Stacked — Watch videos with your people on Stacked.
  • Sunday — Founded in Thailand in 2017, Sunday is the first full-stack InsurTech group adopting data models and technology to offer multiple insurance products and services across the entire customer journey. The company provides auto insurance, health insurance, and travel insurance.Sunday reinvents the entire insurance offering and experience to ensurethat customers' needs are met anytime, anywhere.
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Pavilion Capital
VC Fund · New York, New York, United States · 2 investments in Indonesia Hardware startups, 6 in the past 12 months

Provides growth equity to market leading companies in the United States and China

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Investment focus

  • Industry: Biotechnology, Health Care, Information Technology
  • Stage:Series B, Series A, Series C
  • Geography: United States, Japan, Indonesia

Investor stats

  • Total investments: 70
  • Round size: Series A $2M–$275M; Series B $18M–$412M; Series C $37M–$1.1B
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2018

Portfolio highlights

  • Travelio — Temukan akomodasi yang cocok untuk liburan bersama keluarga, sahabat maupun urusan bisnis di www.travelio.com. Lebih luas, lebih nyaman dan lebih seru. Cek www.travelio.com
  • EcoSpirits — The World's first low carbon, low waste spirits distribution technology. Join the revolution. End single use glass.
  • Fleet Space Technologies — Fleet is an agile, next generation connectivity company. Our mission is to Connect Everything using cutting-edge communications and space technologies to maximise the resource efficiency of human civilisation and enable the next industrial revolution with our free, ubiquitous connectivity platform.
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Prasetia Dwidharma
VC Fund · Jakarta Pusat, Jakarta Raya, Indonesia · 2 investments in Indonesia Hardware startups

PT Prasetia Dwidharma was founded in 2008 as a telecommunication infrastructure contractor. The company has started to invest in technology startups since 2013.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Indonesia, Singapore, United States

Investor stats

  • Total investments: 49
  • Round size: Seed $500k–$3.3M; Pre-Seed $100k–$1.5M; Series A $3M–$7.8M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
  • Runchise — Runchise is an integrated restaurant and franchise management system to increase operational efficiency and profit.
  • DOOgether — DOOgether is Indonesia’s number one leading healthy lifestyle application that gives easier access and solution to your healthy lifestyle, in booking workout classes (offline and virtual) and in purchasing healthy caterings.
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Jefriyanto Guang
Angel · 2 investments in Indonesia Hardware startups

Jefriyanto Guang - Co-Founder & Chief of Product @ PAYFAZZ

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Investment focus

  • Industry: Software, Developer APIs, Computer Vision
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
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Init 6
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Hardware startups, 6 in the past 12 months

Init 6 is an early-stage startup fund that looks for technical founders with a passion to solve big problems. They understand their challenges and they are not afraid of helping them. The firm was founded in 2020 by co-founders Achmad Zaky and Nugroho Herucahyono (Xinuc) after leaving the company Bukalapak.

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Investment focus

  • Industry: Information Technology, E-Learning, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 17
  • Lead/follow: 65% lead, 35% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Gently — Gently is a personal care brand that emphasizes efficacy and gentle formulas with natural ingredients and free from harmful chemicals.
  • Setoko — Setoko provides Online Ordering Platform for Local Businesses & Brands
  • Ledgerowl — Maximize efficiency in your bookkeeping operations with automation: eliminate manual data entry, automate reconciliation, and ensure accurate financial records
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Ricky Winata
Angel · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Hardware startups

Ricky Winata is the Co-Founder at PAYFAZZ.

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Investment focus

  • Industry: Software, Developer APIs, Computer Vision
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
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Future Creative Network
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Hardware startups

Empowering local creative founders to shape the creative economy and serve the next billion customers.

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Investment focus

  • Industry: Virtual Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Genexyz — GenexyzA is a Creator of metahumans and aggregator of virtual influencer IPs, disrupting the advertising + web3 ecosystem through new age IP influencers, virtual humans.
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Rohit Mulani
Angel · 2 investments in Indonesia Hardware startups

I'm passionate about solving problems and driving impact at scale. Rohit Mulani is the Founder & CEO at Gotrade.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Seed
  • Geography: Indonesia, Philippines

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
  • NextPay — Receive, manage, and spend your company's finances on a single platform. Save time and costs with a digital financial suite built to empower growing businesses.
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Chinmay Chauhan
Angel · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Hardware startups

Chinmay Chauhan is a Co-Founder of BukuWarung. He was the Director of Product at Carousell, an Investor at hoolah, and the Product Lead at Grab.

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Investment focus

  • Industry: Financial Services, Sales, Banking
  • Stage:Seed, Pre-Seed
  • Geography: India, Indonesia, Singapore

Investor stats

  • Total investments: 5
  • Round size: Seed $2.8M–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Upmesh — Automate your live selling and increase your FB and IG live sales. Capture comments as carts with the Upmesh live selling system.
  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
  • Hyperface — Hyperface is a banking-as-a-service startup that helps companies create and launch their own credit cards.
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Infia Media Pratama
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Hardware startups

Infia Media Pratama is an advertising and marketing company located in Jakarta.

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Investment focus

  • Industry: Virtual Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Genexyz — GenexyzA is a Creator of metahumans and aggregator of virtual influencer IPs, disrupting the advertising + web3 ecosystem through new age IP influencers, virtual humans.
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BADideas.fund
VC Fund · 1 investments in Indonesia Hardware startups

We are comfortable being the first money in the round. Here is how we help founders, what we look for when investing and how to apply:

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Investment focus

  • Industry: SaaS, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Latvia, Estonia, Ukraine

Investor stats

  • Total investments: 7
  • Round size: Pre-Seed $107k–$589k
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Finfra — From application to decisioning to operations - FINFRA provides the necessary infrastructure and services for technology companies to embed financial services to their environment through a seamless integration.
  • Fuelfinance — We do your spreadsheets, graphs, and automations. You get P&L, CF, Financial Projections , Plan/Fact , Unit Economics, and finally, peace of mind. All in familiar to you Google Spreadsheets. Forget about months of integrations and insane setup costs. Starting from $999/month.
  • Value.Space — Space based risk assessments & monitoring
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Henry Hendrawan
Angel · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Hardware startups

Henry Hendrawan,Executive Board Member - Traveloka.

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Investment focus

  • Industry: B2C, EdTech, Retail
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cosmart — Beli Kebutuhan Rumah Tangga Online makin mudah & aman dengan Cosmart. Belanja jadi lebih hemat dengan gratis ongkir setiap hari.
  • Mindtera — Platform edukasi untuk belajar kecerdasan emosional, sosial, fisik dan pengembangan diri secara online
  • Diri Care — Penyedia solusi keluhan kecantikan, skincare, rambut rontok & personal care. Konsultasikan masalahmu secara online & mulai perawatanmu sekarang! | Diri Care
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Bamboo Sea Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

Bamboo Sea Ventures is the venture arm of a Singapore-headquartered consulting and corporate services firm with a mission to support tech startups in South East Asia.

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Investment focus

  • Industry: Big Data, Internet, Software
  • Stage:Seed, Pre-Seed, Corporate Round
  • Geography: Singapore, Indonesia, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Doyobi — Free 6-Week Cohorts. Live Sessions In The Metaverse For Kids 8-12. Where Kids Learn Critical Thinking Through Constant Decision-Making
  • MyRobin.id — MyRobin menjembatani Anda dengan tenaga kerja fleksibel, berpengalaman dan terpercaya. Manajemen tenaga kerja dalam 1 genggaman, mudah & aman!
  • Origin Protocol — Origin Protocol is bringing NFTs and DeFi to the masses
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Michael van Swaaij
Angel · 1 investments in Indonesia Hardware startups

Michael van Swaaij is an Advisor, and ex-Chairman Skype and attributed with the launch of eBay & AOL in Europe

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Investment focus

  • Industry: SaaS, Travel, Software
  • Stage:Seed, Angel, Series A
  • Geography: United States, Russian Federation, Israel

Investor stats

  • Total investments: 11
  • Round size: Seed $1M–$3.5M; Angel $1M–$2.8M; Series A $154k–$6M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • HipClub — Our first project was conceived HipWay.ru in April 2009, when we, its creators, not for the first time confronted with the problem of organizing your own holiday, we decided to create a project that will be useful for those looking for a fun and unconventional holiday. And thus, in contrast to the large number of already existing at the time oftravel social networks, forums and so on, we will set a goal that will be exactly hipway.ru shop travel, with the possibility of booking and payment online. A year later, in April 2010, appeared hipway.ru - the first project that brings together all the most interesting and unusual travel in one convenient directory, with the possibility of booking and payment online.Immediately after starting hipway.ru ranked sites day rambler.ru, it is absolutely without our knowledge - the unprecedented influx of visitors we have learned from that page hipway.ru opened a few seconds and broke off from the phone calls. Project immediately had to switch to a new server and organizers inspire and start looking for investors. Up to this point the project was funded entirely by private funds.In parallel with the search for an investor we planned to start a second project - hipclub - private club offers a great vacation c exclusive discounts. We gave the project to the development of our IT-team and continued to search for funding.In mid-2010 we were lucky - we got a great project investors - Javier Pérez-Tenessa, founder of eDreams, Michael van Swaaij, former CEO Skype and eBay top manager and several other equally wonderful "business angels". These people are now helping us not only financially, but also valuable advice.In October 2010, we launched hipclub, who became the first Internet cafe, specializing in tourism and leisure. In a short time hipclub not only got wide coverage on the Internet , but also got great reviews from its customers that we are particularly pleased, as it was initially the main task of both projects is to create a travel company with the best customer service.
  • MerchantAtlas — Domain for Sale. MerchantAtlas.com. Request Price. What Are the Advantages of a Super Premium .Com Domain? Increased Traffic. Search Engine Ranking. Brand Recognition. Immediate Presence. Higher Profits. Great Investment. #1 in Premium Domains. 300,000 of the World's Best .Com Domains.
  • Ovo Automotive — OVO Automotive is providing Cloud based App Delivery Platform for Connected Cars, driving open innovation for in-vehicle interactions, experiences and services.Auto makers, Google and Apple are locked in a battle to control the last unconquered screen - the in-vehicle dashboard - for direct interaction with captive audience and monetizing newconnected vehicle services. OVO Automotive provides a novel platform for delivery of apps to the in-vehicle screen, which enables customer interaction independent of automakers, Apple and Google. Our platform enables fleet owners, car dealers, smart mobility service players and connected car service providers to interact with their customers directly on the go, thus improving customer experience and creating new revenue streams. Our automotive grade cloud platform enables the delivery of any connected car app directly to any in-vehicle interactive touchscreen dashboard in a secure and transparent way, providing drivers and passengers a rich connected vehicle experience.
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Tiger Global Management
VC Fund · New York, New York, United States · 1 investments in Indonesia Hardware startups, 45 in the past 12 months

Tiger Global Management is an investment firm that deploys capital globally.Tiger Global seeks to earn superior risk-adjusted returns for its investors over the long term. The firm’s fundamentally oriented investments focus primarily on the global Internet, technology, telecom, media consumer, and industrial sectors. The private equity strategyhas a ten-year investment horizon and targets growth-oriented private companies. The public equity efforts emphasize deep due diligence on individual companies and long-term secular themes.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Series B, Series A, Series C
  • Geography: United States, India, China

Investor stats

  • Total investments: 767
  • Round size: Series A $5M–$35M; Series B $15M–$100M; Series C $20M–$298M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — raised $13B in 2022

Portfolio highlights

  • JOKR — Grocery shopping is easier now with JOKR, your instant delivery app. Order your groceries and favorite products in our online supermarket and get them instantly at your door. Download the app now and make your first grocery order on us. Available in IOs and Android. Access www.jokr.com for more info
  • Databricks — Databricks combines data warehouses & data lakes into a lakehouse architecture. Collaborate on all of your data, analytics & AI workloads using one platform.
  • Harbinger — Founded by veterans of Canoo and Faraday Future, Harbinger is an automotive company that develops EV platforms optimized for medium-duty trucks and delivery vans.
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Jerry Yang
Angel · Tokyo, Tokyo, Japan · 1 investments in Indonesia Hardware startups, 9 in the past 12 months

Jerry Yang, a Taiwanese native raised in San Jose, Calif., co-created the Yahoo Internet navigational guide in April 1994 with David Filo and co-founded Yahoo Inc. in April 1995. He was appointed chief executive officer of the company in November 2008. Yang, a leading force in the Internet media industry, has been instrumental in building Yahoointo the world's most highly trafficked Web site and one of the world's most recognized brands. Since the company's founding, Jerry Yang has been a key member of the executive management team. His focus at Yahoo over the years has included corporate strategy, Yahoo's technology vision, strategic business partnerships and international joint ventures, and recruiting key talent.In addition to serving on the Yahoo Board of Directors, Jerry Yang currently serves on the board of directors of Cisco Systems, Yahoo Japan, and Alibaba, and is also on the Stanford University Board of Trustees.Yang holds B.S. and M.S. degrees in electrical engineering from Stanford University and is currently on a leave of absence from Stanford's electrical engineering Ph.D. program.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 120
  • Round size: Seed $1.1M–$5M; Series A $4.8M–$30M; Series B $1.8M–$33M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • QDC.ai — QDC combines state-of-the-art Theoretical Computer Science and Quantum-Inspired Algorithms, leveraging the latest research from computational physics and quantum computing. Our product VeloXQ is a cloud-based Middleware designed to solve today’s hardest combinatorial optimization problems. Customers plug us into their data pipeline, and we providethem with real time analytics, simulations and actionable data.
  • Fairmatic — Powered by data and AI, focused on rewarding fleet safety with savings. Finally, a smarter insurance option designed to put fleets in control.
  • Somewear Labs — Somewear is a satellite communications solution designed for the increasingly digital world. Somewear is building a satellite-powered platform to keep people safe. Somewear gives any remote operative a reliable line to safety and keeps organizations compliant at a fraction of the traditional cost with a combination of compact satellite hotspots andsoftware designed for low-bandwidth applications.It was founded in 2017 and is based in San Francisco, California.
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DS/X Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

DS/X Ventures is an investment firm that uses data, expertise, and a huge array to find and aid startups who want to go global. Founded in 2022 and is based in Singapore.

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Investment focus

  • Industry: Information Technology, B2B, Internet
  • Stage:Pre-Seed
  • Geography: Indonesia, Singapore

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Baskit — baskit | Empowering wholesalers and distributors with the world's first cloud-native all-in-one app
  • D3 Labs — D3 Labs is to simplify and empower finance through seamless blockchain adoption, delivering confidence and benefits to individuals and organizations alike.
  • Finfra — From application to decisioning to operations - FINFRA provides the necessary infrastructure and services for technology companies to embed financial services to their environment through a seamless integration.
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MassiveMusic
VC Fund · New York, New York, United States · 1 investments in Indonesia Hardware startups

MassiveMusic is an international creative music agency offering sonic branding, music composition and music production for advertising, with offices in Amsterdam, London, Berlin, Warsaw, New York, Los Angeles, Tokyo, Singapore and Sydney.

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Investment focus

  • Industry: Virtual Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Genexyz — GenexyzA is a Creator of metahumans and aggregator of virtual influencer IPs, disrupting the advertising + web3 ecosystem through new age IP influencers, virtual humans.
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Antler
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups, 112 in the past 12 months

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, United Kingdom, Australia

Investor stats

  • Total investments: 333
  • Round size: Seed $510k–$7.5M; Pre-Seed $100k–$1M; Series A $600k–$29M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Quinky — With Quinky intimacy has never been this deep, safe, and fun! It's your playful assistant for exploring intimacy.
  • Loewi — Loewi allows you to sell your two-wheeled companion.
  • Klearly — Klearly simplifies payment acceptance for small and medium-sized businesses by transforming smartphones and tablets into secure payment processing devices, allowing businesses to easily take payments. Businesses can focus on what they do best with our all-in-one digital payment solution, while Klearly handles the rest.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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BANSEA
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

BANSEA was establised in 2001 by a group of Singapore-based angel investors. BANSEA has network connections to angel groups in China, India, Malaysia and Thailand, as well as close links to groups in Europe and the US. Our members have investment experience spanning multiple sectors and a track record in building successful companies.BANSEAorganises 10 to 12 events in a year for our members to meet and listen to short pitches by start-ups shortlisted by our Screening Committe. Members may or may not invest as a group. While there could be collaboration on due dilligence, members exercise autonomy in making investment decsions. Start-ups that have successfully raised seed capital through our members also benefit from their value-added mentoring. Members benefit from an informed and collaborative approach to angel investing.

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Investment focus

  • Industry: B2B, Artificial Intelligence, Information Technology
  • Stage:Seed
  • Geography: Singapore, Indonesia, Togo

Investor stats

  • Total investments: 8
  • Round size: Seed $359k–$2.6M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Gozem — Gozem is a transport technology platform for Francophone West and Central Africa.
  • MyRobin.id — MyRobin menjembatani Anda dengan tenaga kerja fleksibel, berpengalaman dan terpercaya. Manajemen tenaga kerja dalam 1 genggaman, mudah & aman!
  • PriyoShop — Online shopping in Bangladesh for men, women & kids. Buy dress, gift item, beauty products, unique items, jewelry, watch, electronics at PriyoShop.com
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Vulpes Investment Management Pte Ltd
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

At Vulpes, we think differently. We create long-term sustainable capital appreciation by welcoming co-investment and aligning incentives. We choose to be patient and invest in ways that are profitable, yet with benefits that are not solely financial.

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Investment focus

  • Industry: Health Care, Internet, Biotechnology
  • Stage:Seed, Series A, Convertible Note
  • Geography: Vietnam, Singapore, United Kingdom

Investor stats

  • Total investments: 22
  • Round size: Seed $1M–$3M; Series A $5M–$7M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • FoodMap — FoodMap is a startup with the goal of connecting customers with ethical farmers and food suppliers directly.
  • Peddlr — Effortlessly track and manage your business sales, expenses, and inventory with our leading POS mobile app. Use it anywhere, anytime, and even offline!
  • MyRobin.id — MyRobin menjembatani Anda dengan tenaga kerja fleksibel, berpengalaman dan terpercaya. Manajemen tenaga kerja dalam 1 genggaman, mudah & aman!
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Benz Budiman
Angel · 1 investments in Indonesia Hardware startups

Benz Budiman

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Investment focus

  • Industry: Virtual Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Genexyz — GenexyzA is a Creator of metahumans and aggregator of virtual influencer IPs, disrupting the advertising + web3 ecosystem through new age IP influencers, virtual humans.
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Investible
VC Fund · Sydney, New South Wales, Australia · 1 investments in Indonesia Hardware startups, 20 in the past 12 months

Investible is an early-stage venture capital firm backing the visionaries advancing humanity through technology in Australia, New Zealand, Southeast Asia and globally.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Australia, United States, Singapore

Investor stats

  • Total investments: 110
  • Round size: Seed $125k–$2.1M; Pre-Seed $642k–$1M; Series A $1M–$6.1M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Sherlok — Automated client retention for mortgage brokers, helping them grow their loan book by proactively keeping their existing clients happy and with them forever.
  • BintanGO — Creator Marketing Platform terbaik di Indonesia, lebih dari 40.000 Kreator dan 100 Brand sudah bergabung. Buat campaignmu jadi fleksibel, terlacak dan terukur.
  • Inspace XR — Inspire and engage prospective tenants, buyers, and your team with interactive virtual replicas of your assets, with 360 virtual tours, analytics & more.
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Amand Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

Amand Ventures is an investment holding company focusing on early stage startup investments.

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Investment focus

  • Industry: Financial Services, Retail, FinTech
  • Stage:Seed, Series A
  • Geography: Indonesia

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Pi-xcels — Eco-friendly NFC digital receipts solution for actionable shopper data and enhanced customer journeys. No App, Just Tap. With one-tap convenience, Pi-xcels unlocks omni-channel marketing opportunities and boosts performance for retailers with our customer intelligence platform.
  • Verihubs — Kembangkan infrastruktur digital perusahaan dengan sistem keamanan yang otomatis dan terintegrasi di Verihubs untuk kelancaran bisnis Anda.
  • Pintek — Pintek is a financial technology company aiming to democratise access to education in Indonesia through affordable and flexible credit.
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EV Growth
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

EV Growth is a growth fund that specializes in providing growth capital to startups and businesses. EV Growth is a joint venture between East Ventures, SMDV, and YJ Capital that is focused on providing growth capital to startups in Indonesia and the rest of Southeast Asia with an agnostic industry focus. EV Growth has one of the largest networks ofcompanies and partners in the region and has invested in more than 16 portfolio companies since its first close in April 2018.EV Growth aims to bridge the gap in VC growth funding with the ultimate goal of creating a well-diversified portfolio of Southeast Asia early growth tech stage leaders. Leveraging Sinar Mas' deep business knowledge and combined with East Ventures' reputation as one of the leading VCs with the largest seed and Series A portfolios in the region as well as YJ Capital's long experience in the Internet industry, EV Growth has unrivaled access and insight into upcoming trends and opportunities in the industry

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Investment focus

  • Industry: FinTech, Financial Services, Internet
  • Stage:Series B, Series C, Series A
  • Geography: Indonesia, Singapore, Thailand

Investor stats

  • Total investments: 34
  • Lead/follow: no public data

Portfolio highlights

  • Mekari — Transformasi bisnis Anda dengan software terintegrasi Mekari. Efisienkan proses bisnis & tingkatkan produktivitas karyawan Anda sekarang!
  • Xendit — Xendit is the best and most secure online payment gateway in the SEA, helping your business accept and send local & international payments.
  • Fuse — Fuse is an insurance application that will allow you to do all insurance activities. One mobile application and a variety of interesting features, such as registering as a partner, comparing policies, and selecting the best policy to protect the future. Smart insurance innovation that is paperless.
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Hendra Kwik
Angel · Bandung, Jawa Barat, Indonesia · 1 investments in Indonesia Hardware startups

Hendra Kwik is the Co-Founder of PAYFAZZ.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Pre-Seed, Seed, Series B
  • Geography: Indonesia, Singapore, India

Investor stats

  • Total investments: 7
  • Round size: Pre-Seed $800k–$1.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • UpBanx — Upbanx helps to manage money, get financing, grow commercial partnerships, launch digital assets and raise investments.
  • Rocket Academy — Selective and comprehensive online software engineering bootcamp in Singapore, Hong Kong and Australia.
  • DELOS — Leading the Indonesia Blue Revolution. We are at the forefront of aquaculture shrimp farming & sustainable lobster fishing industry.
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Brightness Capital
VC Fund · 1 investments in Indonesia Hardware startups

Brightness Capital is an investment firm.

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Investment focus

  • Industry: B2B, Big Data, Logistics
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • MyRobin.id — MyRobin menjembatani Anda dengan tenaga kerja fleksibel, berpengalaman dan terpercaya. Manajemen tenaga kerja dalam 1 genggaman, mudah & aman!
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MDI Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Hardware startups

MDI is a corporate venture capital initiative by Telkom Indonesia and is set as an independent entity with its own funding processes. MDI uniquely combines a VC model with service in providing companies with access to operational help after making a financial investment.MDI works closely with global accelerators and venture firms to bringproprietary technology from other mature markets into various businesses of Telkom Indonesia.

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Investment focus

  • Industry: Software, E-Commerce, FinTech
  • Stage:Series B, Seed, Series A
  • Geography: Indonesia, Singapore, United States

Investor stats

  • Total investments: 90
  • Round size: Seed $150k–$6M; Series A $3M–$35M; Series B $3M–$170M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • AgriAku — AgriAku is a technology-based local agribusiness company that enables traders & farm shop owners to get saprotan(agriculture production facilities) at affordable prices through it's apps - Agroaku Mitra app, and Agroaku Hub app. AgriAku offers full-stack agriculture services for small and medium-sized businesses and farmers. AgriAku offerscomplete agricultural equipment such as seeds, fertilizers, agrochemicals to agro equipment.
  • Genexyz — GenexyzA is a Creator of metahumans and aggregator of virtual influencer IPs, disrupting the advertising + web3 ecosystem through new age IP influencers, virtual humans.
  • Legit Group — Legit Group is a multi-brand cloud kitchen conceptor and operator. By better understanding customer perception and implementation of technology, we aim to maximise utilisation of kitchen resources, control food costs through better predictive modelling of customer demands in order to boost food deliveries more scientifically.
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PT Ekonomi Baru Investasi Teknologi
VC Fund · 1 investments in Indonesia Hardware startups

PT Ekonomi Baru Investasi Teknologi is operates under the bola united.

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Investment focus

  • Industry: Virtual Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Genexyz — GenexyzA is a Creator of metahumans and aggregator of virtual influencer IPs, disrupting the advertising + web3 ecosystem through new age IP influencers, virtual humans.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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500 Southeast Asia
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Hardware startups

Started in 2010 with its flagship early-stage startup accelerator, 500 Global is the most active global venture capital firm known for its various funds and founder programs across the globe. The firm has grown to a family of over 23 funds and has invested in over 2400 companies internationally.

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Investment focus

  • Industry: Artificial Intelligence, E-Commerce, Automotive
  • Stage:Seed, Series D, Series A
  • Geography: Singapore, Hong Kong, Malaysia

Investor stats

  • Total investments: 21
  • Round size: Seed $500k–$4M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • imajin — Digital Manufacturing Ecosystem for Indonesia. Focus on B2B Manufacturing, partner of Ministry of Industry Indonesia as Manufacturing hub. Help to connect, Supplies raw material until project financing.
  • Appboxo — Appboxo enables apps to be launched inside of other apps to create beautiful and lightning fast mobile experiences.
  • eFishery — eFishery startup Aqua-Tech pertama di Asia, membangun ekosistem Akuakultur berkelanjutan dengan teknologi yang membantu budidaya ikan/udang.
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Investa Syailendra Nuswatara
VC Fund · 1 investments in Indonesia Hardware startups

Investa Syailendra Nuswatara is an investment firm.

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Investment focus

  • Industry: Virtual Reality, Augmented Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Shinta VR — SHINTA VR | The World Class Metaverse & Virtual Reality Company
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Fintech Nation
VC Fund · 1 investments in Indonesia Hardware startups

The fintech journey of Singapore has been a story of relentless pursuit of excellence to build a global financial service hub with limited means and lots of aspirations. The slogan “Dream big. Start small. Move fast” brought together regulators, startups, investors, corporates and everyone else to achieve a common goal.In 2020, the fintechcommunity in Singapore came together to create a not for profit grassroots movement called, Fintech Nation , to bring the journey of Singapore to the world and enable the ecosystem to build for the future.

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Investment focus

  • Industry: FinTech, Embedded Systems, Information Technology
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CHOYS — CHOYS is a holistic wellness subscription platform for organizations and employees that strives to offer every employee with access to benefits and impact that are tailored to their individual requirements, with the goal of making work more humanized and meaningful. CHOYS is headquartered in Singapore, Central Region and was founded in 2022.
  • Finfra — From application to decisioning to operations - FINFRA provides the necessary infrastructure and services for technology companies to embed financial services to their environment through a seamless integration.
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Yumi Tsuda
Angel · 1 investments in Indonesia Hardware startups

Yumi Tsuda

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Investment focus

  • Industry: Automotive, E-Commerce, 3D Printing
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • imajin — Digital Manufacturing Ecosystem for Indonesia. Focus on B2B Manufacturing, partner of Ministry of Industry Indonesia as Manufacturing hub. Help to connect, Supplies raw material until project financing.
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Hidenori Izaki
Angel · 1 investments in Indonesia Hardware startups

Hidenori Izaki is a coffee entrepreneur.

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Investment focus

  • Industry: Coffee, Computer, Food and Beverage
  • Stage:Pre-Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Jago Coffee — Jago Coffee serves freshly brewed coffee beverages wherever you are through a fleet of fully electric mobile cafes.
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Trinity Optima Production
VC Fund · Melawai, Jakarta Raya, Indonesia · 1 investments in Indonesia Hardware startups

Trinity Optima Production is a record label and artist management company.

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Investment focus

  • Industry: Virtual Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Genexyz — GenexyzA is a Creator of metahumans and aggregator of virtual influencer IPs, disrupting the advertising + web3 ecosystem through new age IP influencers, virtual humans.
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Astor Investment Management
VC Fund · Chicago, Illinois, United States · 1 investments in Indonesia Hardware startups

Learn about the Astor philosophy and why we've built it on the belief on diligent analysis that can provide value for financial market allocations.

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Investment focus

  • Industry: B2B, SaaS, Big Data
  • Stage:Seed
  • Geography: India, Indonesia

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • MyRobin.id — MyRobin menjembatani Anda dengan tenaga kerja fleksibel, berpengalaman dan terpercaya. Manajemen tenaga kerja dalam 1 genggaman, mudah & aman!
  • Supplynote — End-to-end supply chain management tool to track inventory, orders, payments and suppliers online
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Khoo Investment
VC Fund · 1 investments in Indonesia Hardware startups

Khoo Investment is an investment firm.

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Investment focus

  • Industry: B2B, Big Data, Logistics
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • MyRobin.id — MyRobin menjembatani Anda dengan tenaga kerja fleksibel, berpengalaman dan terpercaya. Manajemen tenaga kerja dalam 1 genggaman, mudah & aman!
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Conservation International Ventures
VC Fund · Arlington, Virginia, United States · 1 investments in Indonesia Hardware startups

CI Ventures is an investment fund that provides loans to small- and medium-sized enterprises that operate in the forests, oceans and grasslands where Conservation International works.

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Investment focus

  • Industry: Aquaculture, Internet of Things, AgTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, Indonesia, United Kingdom

Investor stats

  • Total investments: 6
  • Round size: Seed $1.4M–$2.5M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Sway — Sway offers regenerative design solutions for plastic pollution using seaweed to create compostable replacements for single-use plastics. The company was co-founded by Julia Marsh, Matt Mayes, and Leland Maschmeyer and is headquartered in San Francisco, California, United States.
  • AGRI3 Fund — AGRI3 Fund is offering credit enhancement instruments and technical assistance to support the transition to more sustainable agricultural value chains and to prevent deforestation. AGRI3 Fund provides guarantees to commercial banks and other financial organizations, as well as subordinated loans to customers.
  • Blue Ocean Gear — Blue Ocean Gear designs and builds GPS tracking buoys capable of surviving the brutal operational demands of the modern fixed gear fisher. Our patented SmartBuoy product suite allows fishers, aquaculture farmers and ocean scientists to track and monitor data from their gear anytime and anywhere, enhancing operational efficiency and profitability byreducing fuel costs and lost gear while gaining previously unavailable insights into the local ocean conditions. Our 'IoT for the oceans' also directly address the environmental impacts of lost gear and entanglements.
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Tigalapan Investama Group
VC Fund · 1 investments in Indonesia Hardware startups

Tigalapan Investama is a strategic holding company with a good reputation and is at the forefront of managing, running, and leading companies under Tigalapan Investama Group. Tigalapan Investama Group aims to meet the opportunities and needs for financial service solutions, investment, company acquisitions, drinking water supply system (SPAM)investment, infrastructure, manufacturing, building, and hotel management activities, as well as comprehensive and quality construction services.

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Investment focus

  • Industry: Virtual Reality, Augmented Reality
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Shinta VR — SHINTA VR | The World Class Metaverse & Virtual Reality Company
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Hardware Investor funding in Indonesia at a glance

Stats across 6 deals from 8 investors.

8
investors
in Indonesia Hardware startups
6
deals
in Indonesia Hardware startups
$6M
median round
in Indonesia Hardware startups
50%
lead investors
lead at least one round
33%
Series A
most common funding stage
100/0
VC / Angel
share of investor count

Access all 8 investors in Indonesia Hardware startups.

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