Directory of VCs, CVCs, and PE firms deploying capital in Indonesia.
Private family office managing personal wealth and direct tech investments.
Formed from 2023 merger of ARISE and Centauri Fund. MDI Ventures partnership with Central Capital Ventura as ecosystem partner. $200M fund.
CVC subsidiary of Astra International (PT Astra Mitra Ventura) since 1991. Focus on SME/IKM (small-medium industries) within Astra supply chain. Provides productive financing, working capital, invoice financing. President: Jefri Sirait. Priorities: manufacturing and infrastructure technology. Part of Astra Financial.
State-owned venture capital company (BUMN subsidiary) providing equity and financing to MSMEs and startups.
Strategic investment arm of the Bakrie conglomerate investing in TMT and infrastructure.
Ecosystem of creative agencies investing in new media and advertising ventures.
Venture builder (not traditional VC) of Djarum Group. Founded 2010 by CEO Martin Hartono (son of Robert Budi Hartono, Indonesia's richest person). Portfolio: Blibli (IPO 2022), Kaskus, Kumparan, Tiket.com.
Gaming Hub and DAO investing in play-to-earn and metaverse assets.
Indonesia-only independent VC. Closed $125M (Nov 2024) across Fund IV ($75M) + Natural Resources Fund ($50M). Backed by 30+ conglomerates including 15 Forbes billionaires.
Early-stage VC backed by Northstar Group (Patrick Walujo advisor). $15M Fund I closed Feb 2021. 13-17 portfolio companies. Mission: "Advance Human Intelligence". Fund II planned with larger tickets (seed to Series B) and SEA expansion.
Sector-agnostic seed-stage VC founded by Kopi Kenangan co-founder. Evolved from Kopital Network angel group. Targets 30-40 companies over 3 years. LPs: Saison Capital, Trihill Capital, Impack Ventures, Alto Partners MFO. Tagline: "Born in the region. Built for the world."
Multi-stage CVC of Telkom Indonesia ($830M+ AUM). 80+ companies in 12 countries. Largest tech investor in Indonesia. Parent of Ascent Venture Group.
Government-backed CVC consortium ($300M) comprising MDI Ventures, TMI, Mandiri Capital, BRI Ventures, and BNI Ventures. Targets startups valued $200M+.
Regional VC based in Surabaya investing in early-stage tech in tier 2/3 cities.
Institutional family office. 100-138 portfolio companies in SEA (Indonesia focus) and US (Y Combinator). Originally telecom infrastructure contractor. Peak activity 2019. Latest investment Jun 2025 (Comika). Regular Y Combinator invitations.
Indonesia's premier active investment company (IDX: SRTG). NAV grew 10.5% to IDR 53.9T in 2024. IDR 3.8T dividend income 2024. Key portfolio: Adaro (AADI IPO Dec 2024), TBIG (42K tenants), Merdeka (MBMA EV battery). LP/backer of Skystar Capital. 2025 focus: healthcare, digital infra, consumer, renewables.
Impactful early to growth-stage investor. 26 portfolio companies. $20M Fund II target (2021). $150M Fund III target (Oct 2022) with "venture equity" positioning. Partners with family offices. Latest investment Jul 2024 (Mira Singapore).
Telkomsel's corporate investment arm and crucial Merah Putih Fund participant.
Multi-asset investment firm focused on early to growth-stage ventures in SEA (especially Indonesia, Singapore, Vietnam) and global public equities. 26-32 portfolio companies, 1 IPO. Team of 7 including partner Anthony Tjajadi. Active - latest Sept 2025.
The database is updated quarterly. If you manage a Fund, CVC, or Family Office and aren't listed, transmit your data.