Led · Convertible Note · Jun 2026

Founded in 2021 by Irvan Kolonas and Danny Handoko, AgriAku began as a B2B marketplace linking farmers, small and medium agri-retailers, and suppliers to farming products such as seeds, fertilisers, and pesticides. In recent months the company has narrowed its strategy away from the broader marketplace model toward concentrating on distribution and sale of agricultural inputs, particularly fertiliser products, to capture more predictable economics and demand visibility. AgriAku has undertaken organisational restructuring to support this shift, including reducing headcount by about 20–30% and changes impacting the sales team. Financially, the company has previously raised $35 million in a 2022 Series A and a $5 million extension that year, with total equity fundraising of $46 million reported. The latest convertible note financing of roughly $4–6 million is intended to extend runway as the company executes the business realignment. The company’s shareholder base includes Argor, Unruly Rebels, Alpha JWC Ventures, Irga Spring Corporation, Altrui Investment Management, and MDI Ventures’ funds, among others.

Participated · Series B · Dec 2022

Paper.id provides a SaaS platform for invoicing, accounting and inventory management that enables entrepreneurs to create and send invoices, manage order-to-pay processes, and generate reports with digital payments integrations. The product also includes supply-chain analysis driven by graph node analysis and machine learning to streamline workflows. It targets Indonesian small and midsize enterprises that remain heavily dependent on manual methods. Founded in 2016 and based in Jakarta, Paper.id aims to digitize millions of Indonesian SMEs. In December 2022 the company raised $12 million in a Series B to grow its product and expand reach. Investors in the round included Go-Ventures, Skystar Capital, Living Lab Ventures (Sinar Mas Land), BM Capital, and Redbadge Pacific.

Participated · Series A · Aug 2022

Propseller offers an end-to-end real estate transaction platform that tracks leads and reports the expected conversion likelihood at each step, provides dashboards for sellers, and supports video and VR viewings. The company calls its licensed agents "consultants" and automates processes so consultants can focus on client relationships, enabling them to close about 55 transactions per year on average. By using technology to improve efficiency, Propseller charges a 1% commission rate versus the typical 2% charged by traditional agencies. Founded in 2018 and headquartered in Singapore, the startup currently has about 50 employees, including 20 salaried consultants. Propseller plans to use its recent Series A to scale its business model, expand its offerings and enter overseas markets, and intends to hire roughly 200 more staff across marketing, operations, product, engineering, sales and real estate teams. The platform emphasizes data capture across the entire sales process to identify optimizations and reduce the hassle of buying and selling property. Propseller pairs a proprietary technology platform with in-house agents to accelerate property transactions and handle tasks like valuations, virtual viewings and online dashboards. Its model reduces standard commission fees to 1% from 2% by increasing transaction velocity. The company says it handles about SGD 75 million in properties annually. During the pandemic Propseller’s revenue dropped roughly 80% quarter‑over‑quarter in Q2 but has been rebounding. Propseller positions itself to disrupt traditional agents rather than classifieds sites, differentiating from listing platforms like PropertyGuru and 99.co and from FSBO-focused competitors like Ohmyhome. The platform’s existing digital tools allowed agents to continue working through Singapore’s circuit breakers without needing accelerated digital adoption. Propseller is a Singaporean platform that helps prospective property sellers and landlords find and compare the best property agents by surfacing independent reviews and agents' track records. The service presents a list of the top 3–10 estate agents within one minute based on user criteria and agent performance. On the agent side, 500 handpicked agents from agencies such as PropNex, ERA and Sotheby’s have joined and allow clients to rate their services. In its first 12 months the startup put up for sale and rent a combined property value of S$500 million. The company closed a S$1 million seed round to accelerate growth and further develop its technology focused on transparency. Propseller positions itself as complementary to property-listing portals by helping owners find the agents who will market their listings.

Participated · Seed · Apr 2022

BintanGo offers tools and services for digital content creators, including productivity and monetization features and financial assistance to creators. The company says it has onboarded more than 75,000 creators since launching in September 2021. Over the past 12 months those creators received more than US $2.3 million in platform payments. With its latest funding, BintanGo intends to expand its services to live commerce platforms such as TikTok, Instagram, Shopee, and YouTube. The company highlights a local live-commerce ecosystem, noting Central Jakarta hosts 15 live commerce studios. Its product roadmap centers on enabling creators and studios to conduct live commerce and capture monetization opportunities on major social and e-commerce platforms. BintanGO offers creators a suite of monetization tools including CreatorSpace for managing brand collaborations, a marketplace for verified creators, and a video shout-out app similar to Cameo. The platform also provides invoicing, business-management tools and invoice-financing/early-payment solutions to address long payment cycles. CEO Jason Lee co-founded the company with Oktorika Mandasari and says BintanGO aims to help creators consolidate income streams and access financing normally unavailable to informal workers. The company monetizes via platform fees ranging from 1% to 5% depending on the service. BintanGO reported onboarding about 10,000 creators in the past month, with creators earning almost $150,000 over the previous three months. Its stated goal is to solve invoicing, payment timing and financing challenges for Indonesian creators.

Participated · Series B · Sep 2020

Waresix is an Indonesian logistics startup. The company has raised an additional $1.9 million as part of its Series B. That amount brings the total raised in its latest round to nearly $74 million, according to Venture Cap Insights. The article characterizes the financing as part of Waresix's Series B round. No investor names, operating metrics, product details, past rounds, or founding year are provided in the article. Waresix is a tech-enabled logistics platform focused on trucking and warehousing that provides managed services beyond passive load matching. Trucking comprises the majority of its business, concentrating on first-mile and mid-mile intercity shipments, and the company offers consolidation, back-haul optimization and hub-and-spoke distribution to increase efficiency. Its ecosystem spans over 40,000 trucks and 375 warehouses across more than 100 cities, and it serves more than 250 corporate clients including Unilever, Indofood, Siam Cement Group, Wings and JD.ID. Waresix has been profitable on a net income basis since June 2019 and has continued to scale during the COVID-19 pandemic. The company is developing a unified operating-system-like platform to give partners a single view of consignments and improve daily operations across transport channels and transit warehouses. It plans to invest new capital to develop logistics technology infrastructure and further build out its team to capture opportunities in Indonesia’s large logistics market. Waresix is an Indonesian logistics startup. The article reports the company secured $11 million in a Series A extension. The extension was provided by EV Growth and Jungle Ventures. The report does not describe the company's specific products, services, or customer base. The article also does not disclose additional financial metrics, prior rounds, or future plans. Waresix operates a digital logistics platform that connects shippers with haulage companies and warehouse partners, aiming to remove middlemen and increase transparency and efficiency. The company offers a one-stop solution for land and sea transportation, cold storage and general cargo handling. Waresix claims a fleet of more than 20,000 trucks and over 200 warehouse partners across Indonesia. It targets a large domestic logistics market the company values at about $240 billion and addresses geographic challenges across the archipelago. The startup plans to use new capital to expand land-transport options and add warehouse capacity in tier-two cities and more remote areas. Founders Andree Susanto (CEO) and Edwin Wibowo (CFO) say the expansion aligns with Indonesia's national infrastructure and transport commitments. Waresix is an Indonesia-based on-demand (SaaS) warehouse service provider. The company offers on-demand warehouse services through a software-as-a-service model. The article reports Waresix closed a $1.6 million pre-Series A round. That round was led by East Ventures and Monk's Hill Ventures. The article does not disclose operating metrics, revenue, user numbers, or use of proceeds. No future plans or strategic details were provided in the article.