# Top 50 Health Care Startup Investors in Indonesia in May 2026 ## East Ventures - Type: VC Fund - Location: Tokyo, Tokyo, Japan - Relevant deals: 11 - Stages: Seed, Series A - Focus: Software, Information Technology, E-Commerce East Ventures is an early stage venture capital (VC) focused on Southeast Asia, Indonesia & Japan. Success cases include Tokopedia, Traveloka, and Mercari. ## Golden Gate Ventures - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 6 - Stages: Seed, Series A, Series B - Focus: FinTech, E-Commerce, Financial Services Golden Gate Ventures is a venture capital firm investing across Southeast Asia. Since 2011, the firm has launched four funds, managed US$250M AUM, and invested in 60+ companies in over 7 countries in Asia. The firm focuses on investing in technology companies driven by the rising consumer class in Southeast Asia. ## 1982 Ventures - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 6 - Stages: Seed, Pre-Seed, Series A - Focus: Financial Services, FinTech, Payments Early stage venture capital investor focused on fintech in Southeast Asia ## Goodwater Capital - Type: VC Fund - Location: Burlingame, California, United States - Relevant deals: 5 - Stages: Seed, Series A, Series B - Focus: FinTech, Financial Services, E-Commerce Goodwater empowers exceptional entrepreneurs everywhere to change the world for the better. They believe consumer technology is a force on earth, shaping culture and transforming the global economy at unprecedented speed and scale. They invest in promising entrepreneurs to solve pressing problems. As a combined force, Goodwater companies are aglobal force for change, poised to measurably improve billions of lives. ## Antler - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 5 - Stages: Pre-Seed, Seed, Series A - Focus: Software, Information Technology, SaaS Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now! ## Trihill Capital - Type: VC Fund - Relevant deals: 4 - Stages: Seed, Pre-Seed, Series A - Focus: Agriculture, AgTech, Information Technology Trihill Capital is an investment firm. ## Prasetia Dwidharma - Type: VC Fund - Location: Jakarta Pusat, Jakarta Raya, Indonesia - Relevant deals: 4 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, E-Commerce PT Prasetia Dwidharma was founded in 2008 as a telecommunication infrastructure contractor. The company has started to invest in technology startups since 2013. ## Alto Partners Multi-Family Office - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 4 - Stages: Series A, Seed, Series B - Focus: FinTech, Financial Services, Software Alto Partners is the first Multi-Family Office founded by and for Asia’s entrepreneurs.​​ Since our establishment in 2013, we have invested in dozens of Southeast Asia's leading founders. ​Many entrepreneurs we backed with our financial and strategic capital have become Asia's most celebrated success stories.​​As we achieve exitsalongside founders, we become the family office of choice for new entrepreneurial wealth, which is often re-invested into next generation start-ups. ​This entrepreneur-focused cycle of venture funding, exits and re-investment underpins the growth of our family office, which today includes the founders of Gojek, Bank Jago, Kopi Kenangan, ​Jobstreet, Northstar and others from Asia's venture ecosystem. ​​ ## Next Billion Ventures - Type: VC Fund - Location: Washington, District of Columbia, United States - Relevant deals: 3 - Stages: Seed, Series A, Pre-Seed - Focus: Financial Services, FinTech, E-Commerce A venture capital partnership for emerging markets. ## Global Founders Capital - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 3 - Stages: Seed, Series A, Pre-Seed - Focus: Financial Services, Software, FinTech Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel. ## January Capital - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 3 - Stages: Seed, Series A, Series B - Focus: E-Commerce, FinTech, Information Technology January Capital believes that rapid digitalization will continue to occur across all industries over the next decade. This fundamental shift will enable one-of-a-kind possibilities for category-defining enterprises to emerge. They prioritise collaborating with founders who are developing technologies that allow such transformation. They invest fromthe beginning of a company's life cycle, but they may also provide ongoing assistance. They are looking for firms that were developed in or for the Asia-Pacific area. Analysts anticipate that certain themes will drive economic growth in this region over the next several decades. ## Aqua Spark - Type: VC Fund - Location: Utrecht, Utrecht, The Netherlands - Relevant deals: 3 - Stages: Series A, Series B - Focus: Biotechnology, Aquaculture, Seafood Aqua-Spark is an investment fund with a focus on sustainable aquaculture businesses around the world. The small-to-medium enterprises (SMEs) they invest in are working toward the production of safe, accessible aquatic life, such as fish, shellfish and plants, in ways that do not harm their oceans. Their investors value the fact that each investmentaims to create triple impact—specifically, each investment is chosen for its potential to generate significant financial returns while also activating positive environmental and social outcomes.Aqua-Spark believes that committing to a long-term vision is the way to realize effective and lasting impact results. When it comes to investments, they do not seek quick exits; instead, they look for entrepreneurs who strive to build and scale toward the future, who see their business as major economic opportunities that can also help solve looming environmental and food security challenges over the long-term. As an essential of each investee, Aqua-Spark seeks sustainability. ## Wavemaker Partners - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, E-Commerce, Information Technology Wavemaker Group is a cross-border venture capital firm founded in 2003 and one of the most active early-stage investors across multiple funds. ## Trans-Pacific Technology Fund (TPTF) - Type: VC Fund - Location: Taipei, T'ai-pei, Taiwan - Relevant deals: 3 - Stages: Series C, Seed, Pre-Seed - Focus: Machine Learning, Health Care, Artificial Intelligence Our Mission:The Trans-Pacific Technology Fund (TPTF) is a technology-driven venture capital fund, investing in innovative companies shaping the future of global business. We work actively with the leadership of our portfolio companies from different regions of the world, supporting their growth.Our Approach:At TPTF, we believe the cornerstoneof every great company is great people. Before a fascinating innovation can become a game-changing company on a global scale, we believe there needs to be daring entrepreneurs to convert the concept into reality.In addition to providing capital, we consider ourselves a committed partner, supporting our entrepreneurs via our extensive international resources, deep domain expertise and, most importantly, our passion to work together to build great companies.Our Focus Area:We invest in disruptive, platform technologies focusing on the sectors where we have leading domain expertise, including but not limited to: advanced materials, health/life sciences, ICT, IOT and robotics/automation. We have a multi-stage investment strategy to work with companies ranging from early to expansion/late stage. Through our extensive network of collaborative partners around the world, we have a global investment scope, seeking to invest in companies across Asia, North America and Europe. ## AC Ventures - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 3 - Stages: Seed, Series A, Series B - Focus: Financial Services, E-Commerce, FinTech AC Ventures is an early-stage technology venture fund that focuses on investing in Indonesia’s digital disruptors. Their mission is to partner and support their entrepreneurs with more than capital, combining their operating experience, industry knowledge, and deep local network to bring value. The company was founded in 2020 and is based inJakarta, Indonesia. ## Skystar Capital - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 3 - Stages: Seed, Series A, Series B - Focus: E-Commerce, Financial Services, FinTech We are Skystar Capital, an early-stage VC firm committed to supporting tech entrepreneurs to create a lasting and profound positive difference in Southeast Asia and Indonesia. ## Pegasus Tech Ventures - Type: VC Fund - Location: San Jose, California, United States - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Artificial Intelligence, E-Commerce Pegasus Tech Ventures is a global venture capital firm based in Silicon Valley, offering intellectual and financial capital to exceptional emerging technology companies around the world. ## Asian Development Bank - Type: VC Fund - Location: Mandaluyong, Cavite, Philippines - Relevant deals: 2 - Stages: Debt Financing, Private Equity - Focus: Financial Services, Finance, Banking Asian Development Bank (ADB) is an international development finance institution that provides developing nations with loans, advice, policy dialogue, technical assistance, and equity investments, and grants for a broad range of development activities. It partners with member governments, independent specialists, and other financial institutions todeliver projects that create economic and development impact. In addition, its triple-A credit rating helps clients mobilize funds for development. It raises funds through bond issues on the world’s capital markets.The institution is focused on making improvements on areas such as agriculture and food security; education; energy; environment, climate change, and disaster risk management; finance sector development; gender and development; governance and public management; health; information and communications technology; regional cooperation and integration; social development and poverty; transport; urban development; and water.ADB is also a knowledge institution that spreads information through regional fora; a growing online presence; social media channels; and the publication of specialized papers, periodicals, and books.Asian Development Bank is headquartered in Manila, Philippines with 29 resident missions across the Asia and Pacific region, and 3 representative offices in Washington, Frankfurt, and Tokyo. ## Ideosource VC - Type: VC Fund - Location: Jakarta Pusat, Jakarta Raya, Indonesia - Relevant deals: 2 Ideosource is a venture capital firm dedicated on making investment in early-stage to later-stage. From the infancy of Indonesia’s internet economy in 2011, Ideosource has ignited the local Internet ecosystem. Our approach combines a bottom-up investment selection process with a top-down view of the economy.Our team finds 3 key Investment Themesthat will drive Ideosource investment strategies.For early stage companies, we are looking an innovative, unique and new solutions to local problems and has potential for application in other regions with strong and insightful founders. We are also looking companies that disrupt the offline market to become online. For a late stage investment, we are looking to the Number 1 in category, unbeatable traction and ability to attract follow on investments. With the Ideosource current’s portfolio and networks, Ideosource has proven to be valuable for the entrepreneurs when it comes to business development, marketing and brand building, access to talents, fundraising network and financial/accounting support.Our passion is working alongside entrepreneurs to give birth to new technologies and insights to become industry-leading companies. We invest in companies across Asia-Pacific especially Indonesia. Our startup founders are idealistic yet grounded, visionary yet execution oriented, charted into new technology yet insightful to the customers and consumers they served. ## Intudo Ventures - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: FinTech, Financial Services, Marketplace Intudo Ventures is an "Indonesia-only" venture capital firm with a concentrated portfolio approach capitalizing on the rapid growth of private consumption and the rising middle class in Indonesia. ## Integra Partners - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Financial Services, FinTech, Apps ntegra Partners is a Durable Medical Equipment, Prosthetics, and Orthotics Supplies (DMEPOS) benefit management company that connects providers, health plans and patients seeking efficient, high-quality care. We are neither an insurance company nor a provider; we’re a benefit manager, and we’re focused on connecting the best providers to healthplans and their members. ## Triputra Group - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Supply Chain Management, Logistics, Information Technology 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. ## Tim Lee - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Wellness, Mobile Timothy Lee, Former Sequoia Partner. ## Asiantrust Capital Partners - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 2 - Stages: Seed - Focus: Apps, Finance, Fitness Asiantrust is venture capital Indonesia focuses on financing, investment and start up funding, and also as financial management with experience in various industries for decades. ## Defy.vc - Type: VC Fund - Location: San Mateo, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, E-Commerce, Artificial Intelligence Defy is an early-stage venture fund focused on emerging high-potential opportunities. It is driven by a passion for working closely with entrepreneurs, especially through the transformative time after seed funding. The firm invests in people and in their conviction and talent for creating real change.Defy.vc was founded in 2016 by Neil Sequeiraand Trae Vassallo and is based in San Mateo, California, United States. ## Collaborative Fund - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 2 - Stages: Seed, Series A - Focus: Food and Beverage, Health Care, Software Collab Fund is a leading source of capital for entrepreneurs pushing the world forward. ## Venturra Discovery - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Financial Services, Health Care, FinTech Empowering outstanding entrepreneurs across Southeast Asia in creating the next defining technology companies. ## Lim Der Shing - Type: Angel - Location: Singapore, Central Region, Singapore - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Internet, Wellness, Health Care Der Shing is founder and CEO of the JobsCentral Group. His work scope includes strategic planning and responsibility for the group's P&L. His achievements include creating career media platforms that reach 10 million people in South East Asia. In 2011, he negotiated the acquisition of the group by CareerBuilder. Der Shing has a Bachelor ofEngineering (Summa cum laude) from the University of Michigan, Ann Arbor. He is a father of 3 and is an avid share investor and traveller. He is also involved in community work as a Council Member of the South West CDC and is a member of the Entrepreneurs Organisation in Singapore. ## Antonio Mazza - Type: Angel - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 2 - Stages: Pre-Seed - Focus: SaaS, Fitness, Internet Antonio Mazza is the Co-Founder of WeNetwork. ## iSeed - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Apps, Internet iSeed is India's first micro-fund backed by top global founders and investors. ## Robin Tan - Type: Angel - Relevant deals: 2 - Stages: Seed - Focus: Health Care, Wellness, Information Services Robin Tan is the Founding Member - Tech & Marketing Founding. Attended Nanyang Technological University Singapore. ## GK-Plug and Play Indonesia - Type: VC Fund - Location: Setiabudi, Jakarta Raya, Indonesia - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: FinTech, Software, Financial Services We partnered with local government, multinational and regional corporations to run industry-specific accelerator programs as well as other innovation initiatives. ## Quest Ventures - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: E-Commerce, Software, Marketplace Quest Ventures is a top venture capital firm in Asia. For entrepreneurs: venture capital. For enterprises: applied innovation. For ecosystems: accelerate. ## Strong Ventures - Type: VC Fund - Location: Los Angeles, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: E-Commerce, Health Care, Apps Strong Ventures is a seed fund, based in California, that finances, supports, and mentors Korean/Asian/Global entrepreneurs, empowering them to build strong ventures and to break successfully into the global market.With proven experience as operators, executives, and entrepreneurs, they provide hands-on assistance and guidance. On topof their financial investment, they aim to provide tangible value to their entrepreneurs, through network reach, strategic thinking, and execution collaboration. And, as they engage together in their venture endeavors, they hope to make the entrepreneurial ecosystem, where they build companies and labor in, a better, stronger, and more fun place for all. ## Init 6 - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Information Technology, E-Learning, SaaS 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. ## Blauwpark Partners - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Financial Services, FinTech, Banking Blauwpark Partners is a single-family office for multiple families', with a focus on private equity, impact investment. ## Blibli - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 1 - Stages: Series A, Series D, Series E - Focus: Mobile Apps, Apps, Consumer Applications Blibli offers a variety of products via its e-commerce platform. Blibli provides a variety of needs and selected products original, fast and free shipping, provides 24-hour customer service for consumers, shopping transactions, and secure payments. ## Indico - Type: VC Fund - Location: Yogyakarta, Yogyakarta, Indonesia - Relevant deals: 1 - Stages: Seed - Focus: Health Care INDICO is here to accelerate digital innovations to unlock all of the possibilities in order to improve our life quality. ## Gentree Fund - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Series A - Focus: Retail, Food and Beverage, E-Commerce Gentree Fund is a VC Fund for Philippine startups that invests in early and growth stage, providing startup funding and key connections of Sy family principals. ## Greysia Polii - Type: Angel - Relevant deals: 1 - Stages: Seed - Focus: Health Care, Information Services, Information Technology Greysia Polii is an individual investor. ## PT Madina Mentari Utama - Type: VC Fund - Location: Yogyakarta, Yogyakarta, Indonesia - Relevant deals: 1 - Stages: Series A - Focus: Medical, Health Care PT Madina Mentari Utama operates in the Information Technology sector, especially Financial Technology ## Telkomsel Mitra Inovasi - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: E-Commerce, SaaS, Information Technology Telkomsel Mitra Inovasi ## Randy Aries Saputra - Type: Angel - Location: Makassar, Sulawesi Selatan, Indonesia - Relevant deals: 1 - Stages: Pre-Seed - Focus: Software, Education, E-Commerce For the last 13 years has been active in the education business. Provide learning services for thousands of students in Indonesia, accompanying and supporting them to achieve their target. ## Living Lab Ventures - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series B - Focus: Software, Apps, Mobile Apps Living Lab Ventures is an investment firm. ## Genesia Ventures - Type: VC Fund - Location: Tokyo, Tokyo, Japan - Relevant deals: 1 - Stages: Seed, Series A - Focus: Information Technology, Software, Content Genesia Ventures is a venture capital firm focused on seed/early-stage startups in Japan and Southeast Asia. ## Steven Wongsoredjo - Type: Angel - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 1 - Stages: Seed - Focus: Wellness, Health Care Steven Wongsoredjo is CEO and Co-Founder at Aplikasi Super. He attended Columbia University in the City of New York. ## Gojek - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 1 - Stages: Series A, Series B - Focus: Apps, E-Commerce, Transportation Gojek is an app that providing a variety of services from payments, food delivery, transportation, and logistics.The app is used for food ordering, commuting, digital payments, shopping, hyper-local delivery, getting a massage, and other services. It aims to create a positive socio-economic impact on customers, driver-partners, business, andMSMEs. Gojek is backed by investors including Google, Facebook, PayPal, Sequoia Capital, and Tencent Holdings.The company was founded in 2009 in Jakarta, Jakarta Raya, Indonesia by Kevin Aluwi, Nadiem Makarim, and Michaelangelo Moran. ## BAce Capital - Type: VC Fund - Location: China, Kagoshima, Japan - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: E-Learning, Software, Restaurants BAce Capital is an investment firm for mobile penetration rates, online time spent, and online transactions. The firm also helps technology companies to grow through their knowledge and resources across China, India, and SEA. They believe mobile internet will transform people’s lives and community and support young dreams, and pursue dreamstogether.BAce Capital was founded in 2018. ## Clermont Group - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Series A, Series B, Private Equity - Focus: Banking, Finance, Financial Services The Clermont Group is a private investment group based in Singapore. Since 1986, they have invested globally in public and private equity across a range of industries, including energy, financial services, consumer, and healthcare. ## Rakuten Ventures - Type: VC Fund - Location: Setagaya, Tokyo, Japan - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Consumer Goods, E-Commerce, B2B Rakuten Ventures seeks to invest in IT startups that can lead the competitive digital age from early to growth stages. It also provides access to the global network unique to Rakuten, and supports the investee companies to evolve and grow ahead of the times. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co