• SPUN

  Participated · Seed · Jan 2026

  Founded in 2024 by former LINE Indonesia colleagues Christa Sabathaly and Dilla Anindita, SPUN is building an AI-enabled platform that standardises and automates visa workflows for both individual consumers and B2B partners. The company already supports more than 300 visa types covering over 90 destination countries and has processed thousands of paid inbound and outbound visa applications with a 99 % approval rate in its first year. Its services are embedded in major regional travel platforms such as Klook, Traveloka, Tiket, and Nusatrip, and its B2B network exceeds 200 travel agents and resellers. By treating visas as a critical but underdeveloped layer of travel infrastructure, SPUN aims to become the regional system of record for cross-border mobility. The startup plans to use new capital to expand into additional Southeast Asian markets, deepen product automation, and tighten integrations with travel partners. All applications processed to date have been fully paid at market rates, underscoring early revenue traction alongside rapid user adoption.

• Truely Travel eSIM

  Participated · Seed · Oct 2024

  Truely is a Singapore-based travel tech company that provides Switchless™ eSIM connectivity with unlimited global data, zero roaming fees, and no SIM swaps. Led by Co‑Founder & CEO Simon Landsheer, the product targets frequent travelers and business users. The company intends to use the new funds to add new features and scale its network. Upcoming developments include network scaling for lower latency, localized pricing and payments, and new team and business travel tools to serve both individuals and enterprises. Truely raised an incremental US$2m in June 2025 following a US$3.5m round in October 2024. The new capital brings total funding to US$5.5m and was backed by DG Daiwa Ventures, Goodwater Capital, Disrupt.com and existing investor Beenext. Truely is a travel eSIM provider that enables global mobile connectivity without physical SIM cards. Launched in July 2023, the company targets travelers seeking seamless data connectivity as eSIM adoption grows. Its core product is an eSIM platform designed to remove physical-SIM clutter by offering affordable data plans and support for mid-tier smartphone eSIMs. Truely plans to use the seed capital to extend its reach and focus on B2B2C offerings for travel operators and airlines as the travel industry rebounds post-pandemic. The company is positioning itself to capture demand driven by forecasted eSIM adoption and shifting consumer preferences. The article reports Truely recently closed a USD 3.5 million seed round; no revenue or user metrics were disclosed.

• BroilerX

  Participated · Series A · Jan 2024

  BroilerX is a poultry tech startup based in Yogyakarta, Indonesia, that provides technology solutions for poultry farmers. The company completed a pre-Series A funding round that raised IDR 23 billion (USD 1.47 million). The new capital will be used to expand BroilerX’s business to serve poultry farmers in other provinces; the company did not specify which provinces. Regulatory data and reporting indicate participation from Saison Capital, Insignia Ventures Partners, Kopital Ventures, and Orvel Ventures, and one investor confirmed the update to DailySocial. The round brings BroilerX’s total funding to IDR 54.4 billion (USD 3.47 million). No operating metrics such as revenue or user counts were disclosed in the article.

No current team members are available.