Arkblu Capital
CITI HUB – Harton Tower, Level 3 Jl. Boulevard Artha Gading Kav.D No.3, Jakarta, Jakarta Raya, 14240, Indonesia
Overview
Arkblu Capital is a private investment group. We deploy patient capital to invest and manage a global business and investment portfolio. We invest both directly and in long-term partnerships with trusted, high quality fund managers across asset classes. We strongly believe that patient and permanent capital has the power to create a legacy not only for us as a group, but for the businesses, projects and assets in which we invest. With respect to the venture capital asset class, since our inception we have partnered with the most ambitious and sharpest tech founders and venture capital fund managers across Southeast Asia and beyond. Our venture capital portfolio includes our identifying, investing in and supporting the most ambitious and talented founders building the best early-stage tech companies serving the rapidly growing middle class of Indonesia. We back founders who are using tech to build legendary companies in Indonesia.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Investment portfolio
- Jago Coffee
Participated · Series A · Oct 2022
Jakarta-based Jago Coffee runs a network of fully electric carts serving freshly prepared coffee and other beverages across residential areas, commercial precincts, and transit hubs in Indonesia. Customers can either walk up to the roaming carts or order through the company’s mobile app, which locates and dispatches the nearest barista to their location. By bypassing traditional brick-and-mortar cafés, Jago keeps overhead low and offers café-quality drinks at prices aimed at the mass market. The company emphasizes convenience, accessibility, and cost efficiency while seeking to scale its tech-enabled operations. With fresh capital, Jago plans to widen its cart footprint nationwide and further develop its in-house technology platform to support growth. The model positions the startup to capture Indonesia’s growing demand for affordable, high-quality coffee without the constraints of fixed retail space.
- Wahyoo
Participated · Series A · Aug 2020
Wahyoo, founded in 2017 by Peter Shearer and based in Indonesia, provides digitization services to micro, small and medium enterprises in the food and beverage industry. Its offerings include access to networks for sales and fulfillment, and it built the Bikin Tajir Group, a cloud-kitchen project that supports MSMEs and offers franchise rights for culinary brands. More than 27,000 companies use Wahyoo's services. The company completed a $6.5M Series B that raised its post-money valuation to $38.9M, with its share price nearly tripling compared to the prior year. Wahyoo previously raised $5M in an August 2020 Series A led by Intudo Ventures. The business continues to expand its platform and franchise initiatives to support F&B MSMEs. Wahyoo provides a platform and complementary services to digitize warung makan operations, including next-day grocery delivery from its own warehouses, integration with Go Food, and an education program called Wahyoo Academy. The app, launched about a year ago, has onboarded roughly 13,800 warung makan and the company employs about 170 people, including field teams that meet owners in person. Wahyoo is free for restaurant owners and monetizes through brand commission percentages, in-store advertising, and a fried chicken franchise that places stalls in front of partner stores (about 350 stalls today, with a goal of 1,000 by year-end). The startup also runs brand partnerships and offers owners ways to earn via ad banners and brochures in-store. During the COVID-19 pandemic eateries on the platform briefly saw a drop in business in April and May but began recovering in June and July, aided in part by the Go Food integration. Wahyoo plans to continue hiring, develop its tech platform further, expand beyond Greater Jakarta, and explore fintech and catering opportunities as part of its ecosystem strategy.