Top 13 Venture Capital Firms in Indonesia in 2024

Finding the right VC firm or investor isn’t easy. Some will provide mentorship and operational expertise. Others will only provide you with the capital.

Here’s a list of the top venture capital firms in Indonesia so that you can find an investor that fits you and your startup.

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13 Venture Capital Firms in Indonesia

1) Global Founders Capital

Global Founders Capital is an international early-stage investor backing founders from day 0 to IPO.

Details of the VC firm:

• Country: USA, Canada, United Kingdom, Germany, France, Sweden, Italy, Turkey, Israel, United Arab Emirates, Singapore, Indonesia, China, Brazil, Mexico
• City: San Francisco, New York, Los Angeles, Toronto, London, Berlin, Munich, Paris, Stockholm, Milan, Istanbul, Tel Aviv-Yafo, Singapore, Dubai, Jakarta, Beijing, Mexico City, São Paulo
• Started in: 2013
• Founders: Oliver Samwer
• Industries: Consumer, SaaS, Enterprise, Internet & Mobile, IoT, E-Commerce, Productivity, Supply Chain & Logistics, InsurTech
• Stages: Seed, Early Stage, Pre-Seed
• Minimum check size: $1,000,000
• Number of investments: 868
• Number of exits: 59
• Funds raised: $1,600,000,000
• 3 remarkable investments: Meta, Rocket Internet, LinkedIn

You can find their website here.

You can send them an email at contact@globalfounderscapital.com.

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2) Artesian

Artesian is an international investment firm providing early to growth stage capital to technology companies.

Details of the VC firm:

• Country: Singapore, Australia, China, Indonesia, United Kingdom, USA
• City: Sydney, Adelaide, London, New York, Jakarta, Melbourne, Shanghai, Singapore
• Started in: 2004
• Founders: Jeremy Colless, Matthew Clunies-Ross, John Mccartney
• Industries: Agriculture, AI & ML, Climate & Sustainability, IoT, Robotics, E-Commerce, Healthcare, Crypto & Blockchain, Hardware, Supply Chain & Logistics, Education, Fintech, Food & Beverage, Gaming, Entertainment, Human Resources, Marketing, Advertising, Social
• Stages: Seed, Series A, Pre-Seed
• Minimum check size: $750,000
• Maximum check size: $1,500,000
• Number of investments: 688
• Number of exits: 140
• Funds raised: $65,500,000
• 3 remarkable investments: Hillridge Technology, Swoop Aero, 5B

You can find their website here.

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3) East Ventures

East Ventures is an Indonesian venture capital providing seed and growth stage funds to SouthEast Asian companies.

Details of the VC firm:

• Country: Singapore, Indonesia, Japan
• City: Singapore, Jakarta, Tokyo
• Started in: 2009
• Founders: Batara Eto, Taiga Matsuyama, Willson Cuaca
• Industries: AI & ML, Cybersecurity, E-Commerce, Fintech, Health & Wellness, Supply Chain & Logistics, DTC, Education, Agriculture
• Stages: Seed, Growth
• Number of investments: 514
• Number of exits: 49
• Funds raised: $1,100,000,000
• 3 remarkable investments: Mercari, Redmart, Base

You can find their website here.

You can send them an email at info@east.vc.

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4) Antler

Antler is a venture capital firm providing early-stage investments and global residency programs to support founders worldwide.

Details of the VC firm:

• Country: Singapore, Germany, Netherlands, Denmark, Portugal, United Kingdom, Spain, Norway, France, Sweden, Australia, India, Vietnam, Indonesia, South Korea, Japan, USA, Canada, Kenya
• City: Berlin, Amsterdam, Copenhagen, Lisbon, London, Madrid, Oslo, Stockholm, Paris, Bangalore, Ho Chi Minh City, Jakarta, Seoul, Tokyo, Austin, Boulder, New York, São Paulo, Toronto, Nairobi, Sydney
• Started in: 2017
• Founders: Magnus Grimeland,Fridtjof Berge, Dilan Mizrakli Landgraff, Vegard Medbo, Jussi Salovaara
• Industries: AI & ML, Consumer, Crypto & Blockchain, Cybersecurity, E-Commerce, Fintech, SaaS, Gaming, Proptech & Real Estate, Internet & Mobile, Food & Beverage, Supply Chain & Logistics, Healthcare, Media
• Stages: Pre-Seed, Seed, Early Stage
• Number of investments: 365
• Number of exits: 3
• Funds raised: $82,200,000
• 3 remarkable investments: ChatFood, Baselime, Genuine Taste

You can find their website here.

You can send them an email at hello@antler.co.

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5) Cyber Agent Capital

CyberAgent Capital is a Japanese fund primarily investing in Asian startups in the early stages.

Details of the VC firm:

• Country: China, South Korea, Thailand, Japan, USA, Taiwan, Vietnam, Indonesia
• City: Beijing, Jakarta, Shanghai, Shenzhen, San Francisco, Seoul, Tokyo, Bangkok, Taipei, Ho Chi Minh City
• Started in: 2006
• Founders: Hirofumi Kondo
• Industries: Fintech, Entertainment, SaaS, AI & ML, Education, AR & VR, Consumer, Proptech & Real Estate, DTC, IoT, Healthcare, Marketplace
• Stages: Seed, Early Stage
• Number of investments: 249
• Number of exits: 40
• Funds raised: $185,800,000
• 3 remarkable investments: Selly, Recruitery, Dagangan

You can find their website here.

You can send them an email at cac_public@ext.cyberagent.co.jp.

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6) SV Investment

SV Investment is a global investment fund investing in the fields of IT, biotechnology and consumer goods.

Details of the VC firm:

• Country: USA, South Korea, China, Indonesia
• City: Boston, Seoul, Shanghai, Shenzhen, Jakarta
• Started in: 2006
• Founders: Hong Won-Ho
• Industries: Internet & Mobile, Consumer, Media, Healthcare, AI & ML, Enterprise, Life Sciences, Manufacturing
• Stages: Early Stage, Late Stage, Seed
• Number of investments: 220
• Number of exits: 48
• 3 remarkable investments: Big Hit Entertainment, Kakao, Tellion

You can find their website here.

You can send them an email at master@svinvest.com.

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7) Gobi Partners

Gobi Partners is an Asian venture capital firm backing entrepreneurs from early to growth stages since 2002.

Details of the VC firm:

• Country: Malaysia, Hong Kong, Thailand, China, Indonesia, Pakistan, Philippines, Singapore
• City: Kuala Lumpur, Hong Kong, Bangkok, Beijing, Ho Chi Minh City, Jakarta, Lahore, Manila, Shanghai, Singapore
• Started in: 2002
• Founders: Thomas Tsao
• Industries: AI & ML, Biotech, Crypto & Blockchain, E-Commerce, Education, Food & Beverage, Hardware, Healthcare, Supply Chain & Logistics, Marketplace, Media, SaaS, Transportation, AR & VR, Agriculture, Automative, Sports, Fintech
• Stages: Seed, Early Stage, Series A
• Minimum check size: $1,600,000
• Number of investments: 183
• Number of exits: 12
• Funds raised: $430,500,000
• 3 remarkable investments: Animoca Brands, Liveme, Tuniu

You can find their website here.

You can send them an email at mail@gobi.vc.

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8) Quest Ventures

Quest Ventures is an Asian venture capital firm since 2011.

Details of the VC firm:

• Country: China, Malaysia, Indonesia, Vietnam, Kazakhstan, Singapore, Philippines, USA, South Korea, Thailand
• City: Jakarta, Singapore, Ho Chi Minh City, Kuala Lumpur, Manila, San Francisco, Nur-Sultan, Seoul, Bangkok, Almaty, Beijing, Shanghai
• Started in: 2011
• Founders: James Tan
• Industries: AI & ML, E-Commerce, Marketplace, Entertainment, Fintech, Food & Beverage, InsurTech, Supply Chain & Logistics, Media, Proptech & Real Estate, Sports
• Stages: Early Stage
• Number of investments: 152
• Number of exits: 30
• Funds raised: $120,000,000
• 3 remarkable investments: 99.co, Carousell, Carro

You can find their website here.

You can send them an email at info@questventures.com.

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9) Golden Gate Ventures

Founded in 2011, Golden Gate is a Southeast Asian venture fund investing in consumer internet sectors.

Details of the VC firm:

• Country: Singapore, Indonesia, Vietnam
• City: Jakarta, Singapore, Ho Chi Minh City, Hanoi
• Started in: 2011
• Founders: Jeffrey Paine, Paul Bragiel, Vinnie Lauria
• Industries: Fintech, Supply Chain & Logistics, E-Commerce, Entertainment, Marketplace, SaaS, Healthcare, Deep Tech & Hard Science, Enterprise, Education
• Stages: Seed, Series A
• Minimum check size: $125,000
• Maximum check size: $750,000
• Number of investments: 107
• Number of exits: 9
• Funds raised: $280,000,000
• 3 remarkable investments: Redmart, Moneysmart, Chilibeli

You can find their website here.

You can send them an email at hello@goldengate.vc.

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10) Openspace Ventures

Openspace is a multistage, sector-agnostic VC firm with an emphasis on consumer, healthcare, finance, enterprise, Web3 and frontier technologies sectors.

Details of the VC firm:

• Country: Singapore, Indonesia, Vietnam, Thailand, Philippines
• City: Singapore, Jakarta, Ho Chi Minh City, Bangkok, Manila
• Started in: 2014
• Founders: Hian Goh, Shane Chesson
• Industries: Consumer, Health & Wellness, SaaS, Media, Education, Agriculture, Fintech
• Stages: Early Stage, Series A, Series B
• Minimum check size: $15,000,000
• Maximum check size: $20,000,000
• Number of investments: 79
• Number of exits: 5
• Funds raised: $425,000,000
• 3 remarkable investments: Redmart, Whispir, Sorabel

You can find their website here.

You can send them an email at ideas@openspace.vc.

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11) Vertex Ventures

Vertex Ventures is a Singaporean venture capital investing in companies in Southeast Asia and India from seed to series B stages.

Details of the VC firm:

• Country: Singapore, India, Indonesia, Thailand
• City: Singapore, Bangalore, Jakarta, Bangkok
• Started in: 1988
• Founders: Jonathan Heiliger, Yoram Oron
• Industries: Fintech, Internet & Mobile, Crypto & Blockchain, Consumer, Food & Beverage, Enterprise, Marketplace, Agriculture
• Stages: Seed, Series A, Series B
• Minimum check size: $1,000,000
• Maximum check size: $10,000,000
• Number of investments: 65
• Number of exits: 7
• Funds raised: $1,900,000,000
• 3 remarkable investments: ChattyBao, Binance, Aruna

You can find their website here.

You can send them an email at hello@vertexventures.com.

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12) Alpha JWC Ventures

Alpha JWC Ventures is an Indonesian venture capital providing early-to-growth capital to startups across Southeast Asia.

Details of the VC firm:

• Country: Indonesia, Singapore
• City: Jakarta, Singapore
• Started in: 2016
• Founders: Chandra Tjan
• Industries: Consumer, Enterprise, Social, Fintech, Marketplace, AI & ML, SaaS, E-Commerce, DTC
• Stages: Early Stage, Seed, Series A, Pre-Seed
• Minimum check size: $100,000
• Maximum check size: $50,000,000
• Number of investments: 57
• Number of exits: 5
• Funds raised: $650,000,000
• 3 remarkable investments: Agriaku, Pitik, Mangkokku

You can find their website here.

You can send them an email at info@alphajwc.com.

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13) Patamar Capital

Patamer is a Southeast Asian venture capital fund investing in early-stage tech companies across finance, education, health, supply chain and agriculture domains.

Details of the VC firm:

• Country: Indonesia, India, Vietnam, Singapore, USA, Sri Lanka
• City: Colombo, Ho Chi Minh City, San Francisco, Bangalore, Jakarta, Singapore
• Started in: 2011
• Founders: Geoff “Chester” Woolley
• Industries: Fintech, Internet & Mobile, Agriculture, Healthcare, Education
• Stages: Early Stage
• Number of investments: 40
• Number of exits: 8
• Funds raised: $150,000,000
• 3 remarkable investments: PortX, Kinara Capital, MyShubhLife

You can find their website here.

You can send them an email at info@patamar.com.

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