• Harlan + Holden

  Participated · Equity · Jun 2026

  Founded in 2015 in Manila, Harlan + Holden began as a clothing brand and later expanded into the specialty coffee sector. The company operates physical retail stores across Indonesia and the Philippines and maintains an e-commerce platform. Its product mix spans lifestyle apparel and specialty coffee offerings. Management is pursuing regional expansion and plans to use proceeds from the reported $12 million fundraise to grow its store network and strengthen its presence in key Southeast Asian markets. Public reporting does not disclose revenue, user metrics, or prior funding rounds. The company is attracting interest from prominent angel investors and venture capital firms as it scales.

• Fresh Factory

  Participated · Series A · Apr 2023

  Fresh Factory is a cold chain enabler and fulfillment startup in Indonesia providing decentralized cold chain storage facilities, pick-and-pack services, and last-mile deliveries. Its network spans 22 Indonesian cities and more than 40 fulfillment centers. The company serves online and brick-and-mortar retailers, including Sirclo and Danone, and emerging customers such as Eden Farm and Kin Dairy Fresh Milk. In the previous 12 months its annual gross merchandise value increased by 10 times and its clientele doubled. By the end of the year Fresh Factory plans to expand to over 100 fulfillment centers across 50 Indonesian cities. The move targets Indonesia's underdeveloped cold chain logistics market, which faces higher setup and operating costs than customary logistics operations. Fresh Factory operates a network of hyperlocal cold storage smart warehouses and a fulfillment management system that stores, picks, packs, and delivers perishable goods for businesses. Its platform integrates GeoTagging and GeoLocation for storage, AI to forecast and manage stock, and IoT to monitor freezer and chiller temperatures. The company targets gaps in Indonesia's cold chain by placing mid- and last-mile infrastructure closer to customers across Java, Sumatra, Sulawesi, and Bali. Fresh Factory currently operates more than 20 warehouses and serves frozen-to-chilled storage needs for merchants, including SMEs and e-commerce grocers. It plans to expand warehouses to all secondary cities in Java and main cities in Sumatra and Sulawesi while investing in talent and technology to boost adoption and operational excellence. As of April 2022 the company reported roughly $10 million of annualized GMV, annualized fulfillment for more than 1 million orders, and 30% month-over-month revenue growth over the prior three months.

• Eratani

  Participated · Seed · Dec 2022

  Eratani is an Indonesia-based agritech startup. The company has raised an additional $2 million in seed funding, bringing its total seed to $5.8 million. The raise was disclosed in a company statement on Monday. The article does not name any participating investors or provide details on the use of proceeds. No product specifics, operating metrics, or future plans were described in the coverage. Additional financing instruments, prior rounds, and founding-year details were not mentioned in the article. Eratani is an end-to-end farm management platform divided into Agri Financing, Agri Inputs and Agri Output to support farmers through the entire production cycle. It provides working capital, supplies with agronomist-backed usage recommendations, and a market price system for crop distribution. The platform also collects field data and connects farmers with agronomists to help increase yields. Founded in 2021, Eratani is used by more than 10,000 farmers across Java managing roughly 8,000 hectares and producing about 52,000 tons of rice; it aims to work with over 50,000 farmers by the end of 2024. The startup has collaborations with Indonesia’s Agricultural Ministry, the State Logistics Agency and the Ministry of Communications and Informatics’ Startup Studio Indonesia. Eratani announced an oversubscribed $3.8 million seed round led by Singaporean VC TNB Aura with participation from AgFunder, Trihill Capital and B.I.G. Ventures.

• Wagely

  Participated · Series A · Mar 2022

  wagely provides a financial wellness platform that lets workers access their pay after each workday, track salary, and use financial literacy resources. The service is offered free to employers, who provide it as an optional benefit to employees. The company operates in Indonesia and Bangladesh and reports strong usage metrics: in 2023 wagely disbursed over US$25M in salaries, processed close to one million transactions, and was accessible by 500,000 workers. The firm raised US$23M in funding to support its growth. Management says the funds will be used to expand operations and development efforts. No other financial details or past rounds are provided in the article. Wagely provides earned wage access (EWA) to workers and partners with employers to offer on-demand access to earned pay. The company has expanded beyond Indonesia into Bangladesh and serves corporate clients including British American Tobacco, Ranch Market, Adaro Energy and Medco Energi. Wagely says its user base grew 10x year‑over‑year in 2021. It plans to broaden its product set into a holistic financial wellness platform with savings, insurance, long‑term installment loans and financial education. The startup has signed ready‑made garment manufacturers in Bangladesh such as SQ Group, Classic Composite and Vision Garments. Financially, Wagely recently raised $8.3M in a pre‑Series A and has raised $14M in total since launching in 2020. Wagely is an Indonesian earned wage access and financial services platform that lets workers track daily earnings and withdraw earned wages on demand. The company was founded in 2020 by alumni of major Southeast Asian tech firms; CEO Tobias Fischer previously worked at Grab Financial Services Asia and CTO Sasanadi Rukua was a VP of engineering at Tokopedia. Wagely expects to reach more than 250,000 users this year and says it is the market leader in Indonesia with over 50 large enterprise clients. On average, more than 50% of employees at wagely’s enterprise clients use the service multiple times per month. The startup aims to build a holistic financial wellness platform that will include savings, insurance and smart spending products. Wagely recently raised strategic funding to expand its sales team and accelerate enterprise deal activity.

• Brick

  Participated · Seed · Feb 2022

  Brick offers a suite of APIs — Brick Data, Brick Verification and Brick Payments — that let fintechs verify identity, underwrite credit and disburse funds by connecting to local data sources. The company has built more than 25 discrete data connections in Indonesia, supporting over 13 million API calls and nearly one million consumers per month for more than 50 paying clients. Its customers span online lenders, personal financial management apps, bookkeeping and accounting tools, investment firms, banks and large conglomerates like Sinarmas Group and Astra Financial. Founded in 2020 by CEO Gavin Tan and CTO Deepak Malhotra, the team draws on founders' neobank experience (Aspire and Slice). Brick has broadened beyond banking to cover mobile wallets, e-commerce, telcos and government social security data to address Indonesia's large unbanked/underbanked population. The company plans to double down in Indonesia and expand regionally into Singapore and the Philippines.

No current team members are available.