# Intudo Ventures: portfolio, investments and team > Intudo Ventures is a vc firm based in Indonesia. 5 investments on record, latest Apr 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/intudo-ventures (Millionrounds; every figure on the page links to its filing or article) Indonesia · [Investor](https://millionrounds.com/investors) # Intudo Ventures Filed with the SEC to raise a fund in Feb 2025, closing $8M. Last cheque observed Apr 2025. Email VC firm Quiet Last fund $7.5M, Feb 2025 Pre-seed Seed Series A Tech Follow Intudo Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fintudo-ventures) Cheques on record **0%** of best year **0** **cheques in 12 months**, 5 on record Since the last cheque **585** days **00** hrs **00** min **00** sec Median round **$4.3M** Cheque size, as they say **$1.0M – $20M** Rounds led **2 of 5** Sole investor **2 rounds** Pitch Intudo Ventures ## Intudo Ventures highlights - 01 5 rounds on record - 02 Mostly Seed and Series A: 80% of its rounds - 03 Sole investor in 2 rounds, median $1.7M ## What they do > Intudo is an independent investment firm bridging Indonesia and Silicon Valley, backing early-stage tech and giving global investors curated access. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $1.0M – $20M as they say - **Stages:** Pre-seed Seed Series A Series B Growth - **Sectors:** Tech - **Based in:** Jakarta, Indonesia - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **5 appearances** - **2025** 2 rounds - **Apr** **[Populix](https://millionrounds.com/company/populix)** Series B · Intudo Ventures **$4.3M** With 5 others - **Jan** **[Banyu](https://millionrounds.com/company/banyu)** Seed · ID · Intudo Ventures **$1.3M** *Led* - **2024** 1 round - **Sept** **[CarbonEthics](https://millionrounds.com/company/carbonethics)** Seed · ID · Intudo Ventures **$2.1M** *Led* - **2019** 1 round - **Mar** **[Kargo Technologies](https://millionrounds.com/company/kargo-technologies)** Seed · ID · DealStreetAsia **$7.6M** With 7 others - **2018** 1 round - **Jun** **[EV Hive](https://millionrounds.com/company/ev-hive)** Series A · ID · TechCrunch **$20M** With 11 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **2 named** EY **Eddy Yisyin Chan** MANAGING MEMBER OF IVM GROUP, LLC i Filing they signed PY **Patrick Yip** Managing Member of IVM Group, LLC i Filing they signed We also hold **12** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$217M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** IVM Group, LLC - **SEC number:** CRD 300762 Who backs their funds ## 2 LPs on record in Intudo Ventures's funds - **Funds:** 2 The institutions that put money into its funds, which the firm then invests in companies. Source: fund news. - [**Black Kite Capital** 2 funds](https://millionrounds.com/fund/black-kite-capital) Fund Vintage Committed Intudo Intudo Ventures IV - - Intudo Ventures Fund III - - - [**Orient Growth Ventures** 1 fund](https://millionrounds.com/fund/orient-growth-ventures) Fund Vintage Committed Intudo Intudo Ventures IV - - Latest fund on file **$7.5M** raised in Feb 2025 From its SEC filing. Nothing newer is on file yet. ## The cheque Pre-seed Seed Series A Median round joined **$4.3M** the round, not its cheque Alone, median **$1.7M** Led 2 of 5 rounds **40%** - **Said size:** $1.0M – $20M - **Sole investor:** 2 rounds - **Last cheque:** Apr 2025 Rounds by stage said on their site - Seed said *3* - Series A said *1* - Series B said *1* - Pre-seed said *-* - Growth said *-* Cheques by month Led Joined Dec 2023 Nov 2026 **Pitching Intudo Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Intudo Ventures put money into. [**Populix** $4.3M · Apr 2025](https://millionrounds.com/company/populix)[**Banyu** $1.3M · Jan 2025](https://millionrounds.com/company/banyu)[**CarbonEthics** $2.1M · Sept 2024](https://millionrounds.com/company/carbonethics)[**Kargo Technologies** $7.6M · Mar 2019](https://millionrounds.com/company/kargo-technologies) ## On podcasts 1 episode naming Intudo Ventures in the title, and 1 more that mention it. - [Venture Unlocked](https://millionrounds.com/podcasts/venture-unlocked) 2 Feb 2023 · 47 min Eddy Chan of Intudo Ventures on building a hyper-local venture strategy for Indonesia With [Eddy Chan](https://millionrounds.com/person/eddy-chan) Mentions [Intudo Ventures](https://millionrounds.com/fund/intudo-ventures) Apple PodcastsShow page ### Mentioned in - [BRAVE Southeast Asia Tech](https://millionrounds.com/podcasts/brave-southeast-asia) 4 Mar 2021 · 59 min Eddy Chan on Indonesia-Only VC, SEA Turtles & Doing Less Better - E44 Apple PodcastsShow page ## Quick answers about Intudo Ventures ### What does Intudo Ventures invest in? Intudo Ventures invests most often at Seed and Series A (80% of the rounds on record), in sectors such as Tech. ### How active is Intudo Ventures? 5 investments on record, 0 of them in the last 12 months, and it led 2. The most recent was in Apr 2025. ### What has Intudo Ventures invested in recently? Its most recent investments on record: Populix (Series B, Apr 2025), Banyu (Seed, Jan 2025) and CarbonEthics (Seed, Sept 2024). ### How big are Intudo Ventures's cheques? The median round it joins is $4.3M. It says it writes cheques of $1.0M to $20M. ### Does Intudo Ventures lead rounds? Yes: it led 2 of its 5 investments on record (40%). ### Is Intudo Ventures investing now? No investments in the last 12 months; the latest was in Apr 2025. ### What kind of investor is Intudo Ventures? Intudo Ventures is a VC firm based in Jakarta, Indonesia. ### How much does Intudo Ventures manage? About $217M, as gross assets of its private funds (Oct 2026). ## Raising now? 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