Top 35 Web3 VC Funds & Investors in Indonesia (October 2023)

Portfolio highlights

• FirstMate — FirstMate is a software company that designs and develops software tools for NFT creators.
• Rocket Pool — Your friendly decentralised Ethereum staking protocol
• Mountain Protocol — At Mountain Protocol, we believe that everyone deserves access to the "risk-free rate" through a secure, regulated, and enterprise-grade product that elevates the world finance industry. Our yield-bearing stablecoin, USDM, provides permissionless composability, regulatory compliance, and an enterprise-grade setup with a seamless userexperience. Backed by US Treasuries and custodied by Fidelity in a bankruptcy-remote setup.

Portfolio highlights

• Kollider — Kollider build tools and services to make financial markets available to everyone, across borders, instantly and simply using Bitcoin’s Lightning Network.
• LiveArtX — LiveArtX is a premium NFT platform that connects the art world with web3. Built by art industry leaders, LiveArtX brings creators, collaborators, and collectors into the metaverse.
• Coinshift — Coinshift is a crypto treasury management platform that helps businesses and decentralized autonomous organizations (DAO's) manage their crypto easily and empowers users to collaborate and approve transactions, execute mass pay-outs, etc.

Portfolio highlights

• GoodGudi — GoodGudi is a Lifestyle retail shopping destination. Our Stores sell Travel Accessories, Fashion Accessories, Home Improvement products, Toys and Cosmetics
• Vantient — Bring your people together with engaging experiences, and collect zero-party data consentingly. Build trusted data relationships with your community.
• Simplus — Simplus offers customers more fashionable and cost-effective small home appliances.

Portfolio highlights

• PYOR — PYOR has extensive expertise building in crypto and has played major roles in the creation of several large Indian unicorns, as well as extensive experience in global blue chip organisations.
• Andrena — Andrena is a developer of an internet distribution platform designed to offer high-speed internet at reduced costs.The company works directly with internet providers who provide internet for universities, hospitals, financial services and other users with heavy data needs and leverage their existing fiber networks to deploy a series of antennas toblanket a geography with internet access, allowing customers and businesses to tap into a faster network wirelessly.
• CAT Labs — CATLABS.IO - Building Digital Asset Recovery and Cybersecurity Tools to Enable Public and Private Sector Customers to Fight Crypto-Enabled Crime

Portfolio highlights

• Komunal — Komunal is a financial technology-based company that provides Peer-to-Peer Lending services in Indonesia which helps create relationships between potential SME and funders to support economic growth in Indonesia.
• Rekosistem — Rekosistem is a climate-tech startup that provides waste management and recycling services to optimise the waste value chain.
• Maka Motors — MAKA is dedicated to building the best electric motorcycles for Indonesian riders.

Portfolio highlights

• iSeller — iSeller is an information technology company located in Jakarta.
• 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
• Slice Group — Slice is a creator management solution that helps agencies and brands manage creator relationships. Our integrated CRM platform simplifies reporting, payments, and relationships for sponsored brand content.In turn, creators will generate more income and be able to transition to full-time content creators and entrepreneurs using future Slice toolsand integrations.

Portfolio highlights

• Itheum — As we enter the web3 and metaverse era; Itheum unlocks data silos and generates new value for your data.
• MeMusic — MeMusic is a blockchain NFT music service platform that uses blockchain technology to provide users with a music ecosystem experience.
• The Unfettered — The Unfettered is a blockchain PC game.

Portfolio highlights

• Gaspack — Gaspack is the go-to app for bridging brands, creators & artists and their super fans on web3.

Portfolio highlights

• Shardeum — Shardeum is an EVM-based, linearly scalable smart contract platform that maintains low gas fees while providing true decentralization and solid security
• Neptune Mutual — Need Crypto Insurance? You don't need to submit loss proof to receive payouts. No need to wait after creating a claim. Get a free price quote now.
• Ready — Compete in mobile games to WIN cash!

Portfolio highlights

• FitFlo — FitFlo brings to life the connected gym experience for Operators, Trainers and Members.
• Mole — Mole is a digital business card and mobile website software. Connect with your clients, promote your business online and much more. Comes with free customised NFC business card.
• Optacloud — Fostering a global AI powered ecosystem to achieve 100% cloud efficacy-> effortlessly, economically and eco-consciously. Dev tools stack for automating the entire development lifecycle of cloud apps across- Build, Deploy & Optimize.

Portfolio highlights

• Invenergy — Invenergy is a leading independent, global developer and operator of clean energy solutions.
• AdaniConneX — AdaniConneX is the largest Hyperscale Data Center provider. Avail the maximum uptime, highest energy efficiency, full scalability and security to your business and customers.
• Varo Energy — VARO Energy is an integrated oil refiner and supplier serving North West Europe, safely and efficiently. Varo Energy is investing in this market by building a network of refineries, storage tanks and distribution channels to secure the reliable supply of oil products for heating, transportation, construction and the petrochemical industry in NorthWest Europe.

Portfolio highlights

• MyAnimeList — Welcome to MyAnimeList, the world's most active online anime and manga community and database. Join the online community, create your anime and manga list, read reviews, explore the forums, follow news, and so much more!
• SPORTS BULL — SPORTS BULL is an Internet sports media management company.
• Animoca Brands KK — Animoca Brands KK supports the global strategy of Web3.0 for Japanese intellectual property and content (IP) holders such as major publishers, brands, education, sports organizations, athletes, artists, and game companies. rice field. Animoca Brands KK builds and provides a platform that utilizes blockchain technology and provides a mechanism forIP / IP holders to have their own ecosystem in Web3.0 and issue NFTs and tokens within it.

Portfolio highlights

• KlayCity — KlayCity is a P2E virtual world where district NFT owners can govern, explore and earn while enjoying the gaming experience.
• LiveArtX — LiveArtX is a premium NFT platform that connects the art world with web3. Built by art industry leaders, LiveArtX brings creators, collaborators, and collectors into the metaverse.
• Ajuna Network — Ajuna Network is a decentralized ecosystem for gamers and creators.

Portfolio highlights

• Animoca Brands KK — Animoca Brands KK supports the global strategy of Web3.0 for Japanese intellectual property and content (IP) holders such as major publishers, brands, education, sports organizations, athletes, artists, and game companies. rice field. Animoca Brands KK builds and provides a platform that utilizes blockchain technology and provides a mechanism forIP / IP holders to have their own ecosystem in Web3.0 and issue NFTs and tokens within it.

Portfolio highlights

• Funds — Funds is an online marketplace for lending funds.
• Reliance Industries — Reliance Industries is engaged in the exploration, development, and production of crude oil and natural gas in India and internationally. Reliance Industries is the second-largest publicly traded company in India by market capitalization and is the second-largest company in India by revenue after the state-run Indian Oil Corporation.
• ArcelorMittal Nippon Steel India — AM/NS India is the leading integrated flat carbon steel producer in India

Portfolio highlights

• Brine.fi — The best onchain spot trading crypto exchange
• Florida Street — PIXEL GG INC.
• Maverick Protocol — Trade. Earn. Any Asset. Stop paying for price discovery. Enjoy higher capital efficiency.

Portfolio highlights

• Kaso — Elkaso is the leading Order and Procurement Management Tool for Restaurants and Suppliers in the Middle East.
• Momento — Momento is an insurtech company with the objective of revolutionizing the insurance industry in Latin America, starting with car insurance. We want to make insurance easy and accessible for the underserved population in LATAM.
• Equilibrium Energy — Equilibrium Energy operates at the intersection of grid variability, market volatility, economic optimization, commercial structuring, trading, and risk management, across the end-to-end power value chain. Their ambition is to become a next-generation clean power company that reshapes the energy industry. They address inquiries through onlineapplications.

Portfolio highlights

• Vodra — Vodra is a donation platform supported by an ERC-20 token built on the Ethereum blockchain. The donation platform facilitates and increases creator compensation across all online content platforms. Vodra offers 0 fees, voting/crowdfunding utility, and the ability for users to schedule monthly donations/pledges to their favorite contentcreators.
• Polygen — Polygen provides a breath of fresh air in the world of blockchain launchpads. Current solutions all foster innovation on a specific blockchain, but they also look and operate the same. Fueling innovation in this industry requires the removal of all intermediaries and gatekeepers. Additionally, there is a need for more transparency, automatedprocesses, and post-launch support.
• Good Games Guild — Good Games Guild is a gaming hub for play-to-earn games based on NFTs and collectible tokens.

Portfolio highlights

• Arcade2earn — Arcade2earn is the GameFi platform that gives its community the opportunity to earn access to the ecosystem.
• HitBox Games — HitBox Games was founded by industry veterans to provide dev teams around the world with a transparent and ethical publishing option.
• Aether Games — Aether Games are the creative talent behind both of the widely expected NFT-based game titles: Gates of Ethernity and Cards of Ethernity. In addition, the studio's creative efforts are up to be represented by the CGI mini-series "Aether" and many more.

Portfolio highlights

• MetaBeat — The MetaBeat platform is an incentivization community platform powered by fan activities rewarded by a set criteria, the FANomance Index. Creators/artists and fans grow as partners through engagements and rewards on the MetaBeat platform.
• Metabase — Play Blockchain Games and Use Axie Infinity Guild Tools
• Mecha Morphing — Mecha Morphing is a browser-based, decentralized, play-to-earn ARPG game. They offer PVE, PVP loot mode, PVP arena, and bounties. They also provide weapons, mecha armour pieces, land, and characters.

Portfolio highlights

• GAM3S.GG — Your home of web3 gaming offering game discovery, reviews, guides, news & quests for a full experience.
• Ola — Ola is a ZKVM-based, High-performance, Privacy-focused layer2 platform.
• Earn Network — Onboarding millions to make billions in DeFi economy

Portfolio highlights

• Web3Go — Web3Go is a blockchain startup that provides data tools powered by artificial intelligence.
• MetaZone — MetaZone's mission is to harness and expand the application layer of the metaverse to onboard a billion citizens. MetaZone is the first content distribution platform designed to facilitate the open digital economy. At its core, creators submit Metaverse Enabled Tokenized Applications (METAs) to the marketplace, allowing anyone to own,experience, and deploy them to any virtual world. Anyone connected to the platform can host high-quality functional 3D content on digital lands with the click of a few buttons.
• Utopia Labs — Trusted by leading DAOs to streamline operations, manage payroll, and consolidate financial reporting.

Portfolio highlights

• Soulbound — Saga is a decentralized gaming community that aims to improve and grow the metaverse by creating a chain-agnostic market infrastructure.
• Amulet Protocol — Simple, Reliable Cover For Everyone in Web3
• Xverse — Xverse is the most advanced and user-friendly Bitcoin wallet. Earn BTC, trade Ordinals, and connect to Web3 apps powered by Stacks. Download for iOS, Android and Chrome.

Portfolio highlights

• Nillion — The Secure Processing Layer of Web3
• The Unfettered — The Unfettered is a blockchain PC game.
• Cryption Network — Cryption Network is crypto company. Its can swap, farm, Invest and predict with cryption's unique and user-friendly DeFi 2.0 products. Bringing mass adoption to DeFi. PolyDEX is cryption's flagship product, which is completely gasless, instant, cross-chain AMM DEX with yield farming.

Portfolio highlights

• AlterVerse — Discover AlterVerse, an immersive free-to-play game coming to the Epic Store. Explore endless possibilities in our boundless sandbox environment where survival skills are key. Join the adventure today!
• Championfy — Championfy's mission is to empower and unleash everyone's inner champion through Esports and ignite the region with hope, inspiration, respect, strengths, and friendship.
• Smobler Studios — Smobler Studios is a multimedia design agency headquartered in Singapore with offices in Canada, USA and Bhutan. We specialize in creative ideation, design thinking, storyboarding, 3D, graphic & technical design, animation, video production and metaverse development.

Portfolio highlights

• UCOLLEX — An innovative platform that sells unique and limited edition NFT for toy and pop culture collectibles. To members of our community, we provide the ultimate immersive experience with artist interviews, digital collectibles, NFT's, Limits Art Battles, and innovative VR experiences.
• Animoca Brands KK — Animoca Brands KK supports the global strategy of Web3.0 for Japanese intellectual property and content (IP) holders such as major publishers, brands, education, sports organizations, athletes, artists, and game companies. rice field. Animoca Brands KK builds and provides a platform that utilizes blockchain technology and provides a mechanism forIP / IP holders to have their own ecosystem in Web3.0 and issue NFTs and tokens within it.

Portfolio highlights

• Ancient8 — Ancient8 Chain is a gaming-focused community-driven Ethereum layer 2 built to onboard the next 100M Web3 citizens.
• Good Games Guild — Good Games Guild is a gaming hub for play-to-earn games based on NFTs and collectible tokens.

Portfolio highlights

• ZKX — ZKX is a permissionless protocol for derivatives built on StarkNet.
• Ethena — Ethena provides derivative infrastructure in order to transform Ethereum into the first crypto-native yield bearing stablecoin.
• Fanzee Labs — We develop fan engagement platforms that help sports and entertainment organisations meaningfully connect with their fans through immersive gamifcation experiences

Portfolio highlights

• Brine.fi — The best onchain spot trading crypto exchange
• Gleen AI — Delight your customers. Get Gleen, the world's most accurate & capable generative AI-based chatbot. Trustworthy answers. Automatic actions. Unify knowledge.
• Catalyst — Contributing to Catalyst, the permissionless liquidity layer for modular chains.

Portfolio highlights

• Storelink — Storelink is an open market optimization platform that analyzes and processes accurate online sales data.
• Maka Motors — MAKA is dedicated to building the best electric motorcycles for Indonesian riders.
• Epic Corporation — The Epic One platform services will be improved, and Epic Corporation will broaden its business sectors. First, the global bidding system in four significant Asian nations will be improved overall, coupled with an update to the AI function that determines the anticipated contract price, in order to maximize the transaction completion rate for thesale of luxury assets. Additionally, there is a plan to considerably broaden its brands and product categories, which currently include luxury watches, luggage, hypercars, and artwork.

Portfolio highlights

• GOX — Gox is the video platform and community for gamers.
• Gaspack — Gaspack is the go-to app for bridging brands, creators & artists and their super fans on web3.

Portfolio highlights

• NOBI — Nobi provides a cryptocurrency investment platform designed with multiple product offerings for users worldwide. Its mission is to make it easy for people to own crypto and earn yields. The company was founded in 2017 and is headquartered in Jakarta Barat, Indonesia.

Portfolio highlights

• Yaysay — Yaysay is a first-of-its-kind shopping software that mixes AI-powered customization with gamification to enhance the off-price shopping experience.
• Plan A — Automate your company's ESG and carbon footprint reporting and reduce your emissions. Create decarbonisation plans plans based on data and science.
• Farther Finance — Everything we do is to help you grow and protect your wealth. We strive to expand your choices and remove obstacles to building the life you want to live.

Portfolio highlights

• Elumia — Legend of Elumia is a massive Multiplayer Online Role-Playing Game.The game feature a social hub, arena and dungeon runs. Feature rich with world owned assets.
• KlayCity — KlayCity is a P2E virtual world where district NFT owners can govern, explore and earn while enjoying the gaming experience.
• Dank Bank — Dank Bank is a NFT trading platform for memes and viral videos.

Portfolio highlights

• Proglix — Proglix is ​​a goods procurement platform for raw materials and finished industrial goods.
• Fieldproxy — Fieldproxy is the best field service management software to automate your field teams. Click here to get a free trial
• Fresh Factory — Fresh Factory runs a web of hyperlocal cold-chain fulfilment centers in Indonesia.