Funding Rounds January 2021
From Indonesia and Southeast Asia
Indonesia
SAMPINGAN
Online platform for on-demand independent workers in Indonesia
Round Size: $5m Series A
Lead Investor(s): Altara Ventures
AJAIB
Investment platform
Round Size: $25m Series A
Lead Investor(s): Horizons Ventures and Alpha JWC Ventures
ALAMI
Sharia fintech platform
Round Size: Undisclosed Series A and $20m debt funding
Lead Investor(s): AC Ventures and Golden Gate Ventures
BUKUKAS
Digital ledger app for MSMEs
Round Size: $10m Series A
Lead Investor(s): Sequoia Capital India
TITIK PINTAR
Edtech startup providing tailored learning for elementary school children through games and micro-lessons prepared by teachers and aligned with government curriculum
Round Size: Undisclosed
Lead Investor(s): Indonesia Women Empowerment Fund
PINTEK
Fintech startup that provides loans for educational purposes
Round Size: $21m debt funding
Lead Investor(s): Accial Capital
CAKAP
Online language learning platform
Round Size: $3m Series A+
Lead Investor(s): Heritas Capital
BIBIT
A robo-advisor app that aims to make investing more accessible in Indonesia
Round size: $30m Series A
Lead investor(s): Sequoia Capital India
SICEPAT
A customized shipping services provider
Round size: $100m Series B
Lead investor(s): Praus Company, an affiliate of Falcon House Partners
NUSANTICS
A genomics tech firm that develops Covid-19 test kits
Round size: Undisclosed Series A
Lead investor(s): East Ventures
ZENIUS
Online learning platform for K-12 students
Round size: Undisclosed pre-Series B
Lead investor(s): Alpha JWC, Openspace Ventures
BUKALAPAK
eCommerce shopping portal
Round size: Undisclosed
Lead investor(s): Standard Chartered
SELECT SEA TRANSACTIONS
GRAB FINANCIAL GROUP
Financial services arm of ride-hailing giant Grab
Round size: $300m Series A
Lead investor(s): Hanwha Asset Management
MOMO
E-wallet and payments app
Round size: $100m Series D
Lead investor(s): Warburg Pincus, Goodwater Capital
KYT
Online academy for extracurriculars education
Round size: $5m Series A
Lead investor(s): Alpha Wave Incubation