LIVE
///LATE STAGE • Sociolla • US$ 250M • Commerce///POLICY • Gold Export Duties: Progressive Reference-Price Ladder Kicks In///SERIES A • Hangry • US$ 10.5M • F&B///POLICY • Coal Export Tax 2026: Indonesia Signals a New Resource-Rent Phase///SERIES B • Honest • Undisclosed • Fintech///POLICY • Export FX Repatriation: Proceeds Routed Through State Banks From 2026///SEED • Arummi Foods • US$ 2M • F&B///POLICY • OJK POJK 4/2025: Financial Aggregators Move Into a Licensing Regime///PRE-SEED • IDRX • US$ 300k • Web3///POLICY • Finfluencer Rules: OJK Tightens Conduct Around Securities Marketing///SERIES C • Yup • US$ 32M • Fintech///POLICY • Dormant Accounts: New Standardization Changes Bank Data and Ops///LATE STAGE • Sociolla • US$ 250M • Commerce///POLICY • Gold Export Duties: Progressive Reference-Price Ladder Kicks In///SERIES A • Hangry • US$ 10.5M • F&B///POLICY • Coal Export Tax 2026: Indonesia Signals a New Resource-Rent Phase///SERIES B • Honest • Undisclosed • Fintech///POLICY • Export FX Repatriation: Proceeds Routed Through State Banks From 2026///SEED • Arummi Foods • US$ 2M • F&B///POLICY • OJK POJK 4/2025: Financial Aggregators Move Into a Licensing Regime///PRE-SEED • IDRX • US$ 300k • Web3///POLICY • Finfluencer Rules: OJK Tightens Conduct Around Securities Marketing///SERIES C • Yup • US$ 32M • Fintech///POLICY • Dormant Accounts: New Standardization Changes Bank Data and Ops
Return to DirectoryBEENEXT
Submit Correction
BEENEXTVC
Singapore| Est. 2015
VC
Founder-focused fund founded by Teruhide Sato (BEENOS founder, early Tokopedia/Midtrans investor). 261 portfolio companies, 11 unicorns, 26 Indonesia investments. Strong India (119) and Indonesia (26) focus.
StageSeed
Ticket$2.89M avg (Seed), $6.37M avg (Series A)
StatusActive
Investment Thesis
BEENEXT is a venture capital firm founded by Teruhide Sato after leaving BEENOS (which he co-founded 1999, IPO 2004). Philosophy: "partnership of founders, by founders, for founders". Sato was board member of Tokopedia and Midtrans (now GoTo). 30-person team including 12 partners. 9 funds total including Bee Accelerate Fund 2.
Operating Model
- 01Founder-to-founder partnership
- 02Global community (India, SEA, Japan, US)
- 03Operational mentorship from serial entrepreneurs
- 04Y Combinator network
Key People
- TTeruhide Sato (ex-BEENOS CEO)
Notable Investments
Verified Deal Flow (2019-2025)
| Startup | Date | Stage | Amount | Sector |
|---|---|---|---|---|
| Arummi Foods | Sep 2025 | Seed | US$ 2M | F&B |
| Jago Coffee | Apr 2024 | Series A | US$ 6M | Commerce |
| Bythen | Apr 2024 | Seed | US$ 3M | SaaS / AI |
| Semaai | Jan 2024 | Pre-Series A | US$ 4.7M | Agritech |
| MAKA Motors | Jul 2023 | Seed | US$ 37.6M | EV / Auto |
| Semaai | Feb 2023 | Bridge | US$ 2.9M | Agritech |
| ESB | Aug 2022 | Series B | US$ 29M | SaaS |
| Semaai | Jan 2022 | Pre-seed | US$ 1.25M | Agritech |
| Dropezy | Sep 2021 | Seed | US$ 2.5M | Commerce |
| Ternak Uang | Jun 2021 | Seed | US$ 2M | Fintech |
| Andalin | Mar 2021 | Series A | Undisclosed | Logistics |
| Zenius | Feb 2020 | Series A | US$ 20M | Edtech |
Data Integrity Check
We maintain this database with quarterly audits. If you spot incorrect information regarding this fund, please submit a correction to keep the map accurate.