1. Startups

Looking for Early Stage Funding? This is the list of the most active VCs throughout 2023

East Ventures is the most active early stage investor investing in Indonesia

Equity funding for Indonesian startups is starting to show signs of recovery compared to the previous year (although not completely). According to reports Indonesia's Startup Handbook which was collected DSInnovate, in Q3 2023, published startup funding reached 38 transactions worth $501,6 million. The value of this investment better than two quarters previously, namely $376,7 million in Q1 and $330,2 million in Q2. This increase provides a positive indicator, especially considering the sharp decline that occurred in the first half of this year.

Early stage investment still dominates overall Indonesian startup funding. This indicates investors maintain significant confidence in the prospects of the new generation of founders, even in the face of current challenges.

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