# Top 50 Hardware Startup Investors in Indonesia in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Insignia Ventures Partners | 4 | Indonesia, Singapore, Vietnam | Seed, Series A, Series B | Financial Services, FinTech, Information Technology |
| East Ventures | 4 | Japan, Indonesia, Singapore | Seed, Series A | Software, Information Technology, E-Commerce |
| SMDV | 3 | Indonesia, Thailand, Singapore | Series A, Seed, Series B | E-Commerce, Information Technology, Financial Services |
| Triputra Group | 3 | Indonesia | Seed, Series A, Pre-Seed | Supply Chain Management, Logistics, Information Technology |
| Vertex Ventures Southeast Asia & India | 3 | India, Singapore, Indonesia | Series A, Series B, Seed | E-Commerce, FinTech, SaaS |
| Mirova | 2 | France, United States, Kenya | Series A, Private Equity | Energy, Renewable Energy, Agriculture |
| Pramodh Rai | 2 | Indonesia | Seed, Convertible Note | Rental, Internet, Software |
| Budi Handoko | 2 | Indonesia | Seed, Pre-Seed | Financial Services, FinTech, Software |
| Central Capital Ventura | 2 | Indonesia, Singapore, Australia | Series A, Seed, Series B | Financial Services, FinTech, Software |
| Vertex Ventures | 2 | United States, China, Israel | Series A, Series B, Series C | Software, Information Technology, E-Commerce |
| BEENEXT | 2 | India, Japan, Indonesia | Seed, Series A, Series B | Software, E-Commerce, FinTech |
| LINE Ventures | 2 | Japan, Indonesia, Thailand | Series A, Series B | Software, E-Commerce, FinTech |
| Pavilion Capital | 2 | United States, Japan, Indonesia | Series B, Series A, Series C | Biotechnology, Health Care, Information Technology |
| Prasetia Dwidharma | 2 | Indonesia, Singapore, United States | Seed, Series A, Pre-Seed | Software, Information Technology, E-Commerce |
| Jefriyanto Guang | 2 | Indonesia | Seed | Software, Developer APIs, Computer Vision |
| Init 6 | 2 | Indonesia | Seed, Pre-Seed | Information Technology, E-Learning, SaaS |
| Ricky Winata | 2 | Indonesia | Seed | Software, Developer APIs, Computer Vision |
| Future Creative Network | 2 | Indonesia | Seed | Virtual Reality |
| Rohit Mulani | 2 | Indonesia, Philippines | Seed | Financial Services, FinTech, Payments |
| Chinmay Chauhan | 2 | India, Indonesia, Singapore | Seed, Pre-Seed | Financial Services, Sales, Banking |
| Infia Media Pratama | 1 | Indonesia | Seed | Virtual Reality |
| BADideas.fund | 1 | Latvia, Estonia, Ukraine | Seed, Pre-Seed | SaaS, FinTech, Software |
| Henry Hendrawan | 1 | Indonesia | Seed | B2C, EdTech, Retail |
| Bamboo Sea Ventures | 1 | Singapore, Indonesia, United States | Seed, Pre-Seed, Corporate Round | Big Data, Internet, Software |
| Michael van Swaaij | 1 | United States, Russian Federation, Israel | Seed, Angel, Series A | SaaS, Travel, Software |
| Tiger Global Management | 1 | United States, India, China | Series B, Series A, Series C | Software, FinTech, Financial Services |
| Jerry Yang | 1 | United States, China, Canada | Series A, Seed, Series B | Software, Artificial Intelligence, Information Technology |
| DS/X Ventures | 1 | Indonesia, Singapore | Pre-Seed | Information Technology, B2B, Internet |
| MassiveMusic | 1 | Indonesia | Seed | Virtual Reality |
| Antler | 1 | Singapore, United Kingdom, Australia | Pre-Seed, Seed, Series A | Software, Information Technology, FinTech |
| BANSEA | 1 | Singapore, Indonesia, Togo | Seed | B2B, Artificial Intelligence, Information Technology |
| Vulpes Investment Management Pte Ltd | 1 | Vietnam, Singapore, United Kingdom | Seed, Series A, Convertible Note | Health Care, Internet, Biotechnology |
| Benz Budiman | 1 | Indonesia | Seed | Virtual Reality |
| Investible | 1 | Australia, United States, Singapore | Seed, Series A, Pre-Seed | Software, E-Commerce, Information Technology |
| Amand Ventures | 1 | Indonesia | Seed, Series A | Financial Services, Retail, FinTech |
| EV Growth | 1 | Indonesia, Singapore, Thailand | Series B, Series C, Series A | FinTech, Financial Services, Internet |
| Hendra Kwik | 1 | Indonesia, Singapore, India | Pre-Seed, Seed, Series B | Financial Services, FinTech, Software |
| Brightness Capital | 1 | Indonesia | Seed | B2B, Big Data, Logistics |
| MDI Ventures | 1 | Indonesia, Singapore, United States | Series B, Seed, Series A | Software, E-Commerce, FinTech |
| PT Ekonomi Baru Investasi Teknologi | 1 | Indonesia | Seed | Virtual Reality |
| 500 Southeast Asia | 1 | Singapore, Hong Kong, Malaysia | Seed, Series D, Series A | Artificial Intelligence, E-Commerce, Automotive |
| Investa Syailendra Nuswatara | 1 | Indonesia | Seed | Virtual Reality, Augmented Reality |
| Fintech Nation | 1 | Indonesia | Seed | FinTech, Embedded Systems, Information Technology |
| Yumi Tsuda | 1 | Indonesia | Seed | Automotive, E-Commerce, 3D Printing |
| Hidenori Izaki | 1 | Indonesia | Pre-Seed | Coffee, Computer, Food and Beverage |
| Trinity Optima Production | 1 | Indonesia | Seed | Virtual Reality |
| Astor Investment Management | 1 | India, Indonesia | Seed | B2B, SaaS, Big Data |
| Khoo Investment | 1 | Indonesia | Seed | B2B, Big Data, Logistics |
| Conservation International Ventures | 1 | United States, Indonesia, United Kingdom | Seed, Pre-Seed | Aquaculture, Internet of Things, AgTech |
| Tigalapan Investama Group | 1 | Indonesia | Seed | Virtual Reality, Augmented Reality |

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