How B2B investor Wavemaker Partners views Indonesia’s B2C scene
Almost all of Indonesia’s unicorns and decacorns are B2C companies, except perhaps two. But that’s not surprising at all. Indonesia is a goldmine of a consumer market—it boasts a staggering population of 270 million people, making it the largest in Southeast Asia and the fourth-largest in the entire world. The country is also becoming more […]
Gapai Secures $1 Million in Seed Funding to Empower Indonesian Migrant Workers
JAKARTA, 8 MAY 2024 – Gapai, a startup empowering Indonesian workers to pursue global careers, has secured US$1 million (IDR 16 billion) in seed funding to expand its international job placement services. Wavemaker Partners led the funding round with participation from returning investor Antler, both global VCs specialising in investing in early-stage startups in Southeast […]
Climate tech startup WasteX gears up for accelerated growth in Southeast Asia with P4G funding
SINGAPORE, 3 APRIL 2024 – WasteX, a climate tech company operating in Indonesia and the Philippines, reached another milestone by securing US$450,000 in funds from P4G Partnerships, an initiative that helps businesses working on climate mitigation and adaptation solutions in food, water, and energy. This financing is pivotal in advancing WasteX’s mission: to help farmers […]
Tech in Asia: EFishery could be Indonesia’s next unicorn
Indonesia-based eFishery’s revenue has grown by over US$100 million in 2021, Paul Santos, managing partner at Wavemaker Partners told Tech in Asia. The early-stage VC firm is one of the larger investors in the aquatech startup. Temasek, SoftBank, and Sequoia Capital India also back the Indonesian firm.
