Investor Lists

VC firms based in Indonesia

Updated 7 November 2026

VC firms headquartered in Indonesia.

See all 115 →The top 25
115investors on the listNo change this week
15cheques in 12 months-21% against the market
$8.1Mmedian round they joined+1% against the market median
3%wrote a cheque in 12 months
7%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (3)

  1. 1Makers FundDeploying nowVC firm · Indonesia101$10Mmedian roundNov 2026last seen
  2. 2Alpha JWC VenturesquietVC firm · Indonesia14$12Mmedian roundFeb 2025last seen
  3. 3Convergence VenturesquietVC firm · Indonesia12$1.5Mmedian roundDec 2015last seen
  4. 4VenturraquietVC firm · Indonesia11$8.7Mmedian roundSept 2019last seen
  5. 5Ideosource Venture CapitalquietVC firm · Indonesia10$3Mmedian roundNov 2015last seen
  6. 6SMDVquietVC firm · Indonesia10$15Mmedian roundOct 2019last seen
  7. 7GarenaquietVC firm · Indonesia5$23Mmedian roundDec 2015last seen
  8. 8Init 6quietVC firm · Indonesia5$2.3Mmedian roundMay 2025last seen
  9. 9Intudo VenturesquietVC firm · Indonesia5$4.3Mmedian roundApr 2025last seen
  10. 10Agaeti Venture CapitalquietVC firm · Indonesia4$8.1Mmedian roundOct 2019last seen
  11. 11LaunchpadquietVC firm · Indonesia4$2.9Mmedian roundNov 2018last seen
  12. 12Skystar CapitalquietVC firm · Indonesia3$850Kmedian roundMar 2015last seen
  13. 13Maloekoe VenturesquietVC firm · Indonesia2$5.2Mmedian roundNov 2018last seen
  14. 14PT Principal Asset ManagementquietVC firm · Indonesia2$66Mmedian roundOct 2025last seen
  15. 15Sinar Mas LandquietVC firm · Indonesia2$13Mmedian roundMar 2019last seen
  16. 16AC VenturesDeploying nowVC firm · Indonesia1$12Mmedian roundOct 2026last seen
  17. 17Arkana VenturesquietVC firm · Indonesia1$2.6Mmedian roundJul 2022last seen
  18. 18Dian Swastatika SentosaquietVC firm · Indonesia1$3.5Mmedian roundMay 2014last seen
  19. 19Global Intermedia LtdquietVC firm · Indonesia1$1.5Mmedian roundJan 2008last seen
  20. 20Kejora CapitalquietVC firm · Indonesia1$30Mmedian roundOct 2019last seen
  21. 21Kreatif Media KaryaquietVC firm · Indonesia1-median roundApr 2015last seen
  22. 22Quantum VenturesDeploying nowVC firm · Indonesia1$620Mmedian roundOct 2026last seen
  23. 23Stellar KapitalquietVC firm · Indonesia1$3Mmedian roundJul 2019last seen
  24. 24Sandeep NailwalquietVC firm · Indonesia1$8.5Mmedian roundOct 2024last seen
  25. 2520/WOLunknownVC firm · Indonesianone observed-median round-last seen
90 more on this list

All 115 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

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Quick answers about VC firms based in Indonesia

Who are the most active VC firms based in Indonesia?

By cheques observed, the most active are Makers Fund, Alpha JWC Ventures, Convergence Ventures, Venturra and Ideosource Venture Capital.

How many VC firms based in Indonesia are there?

115 are on record. 3% made an investment in the last 12 months and 7% have led a round.

Which stages do VC firms based in Indonesia back?

Of the rounds with a named stage in the last 12 months, mostly Seed (42%) and Series A (17%).

How big are the rounds VC firms based in Indonesia join?

The typical (median) round among the leading investors here is $8.1M.

Which sectors do VC firms based in Indonesia back most?

In the last 12 months, mostly Gaming, AI and Web3 & Crypto.

Which VC firms based in Indonesia lead the most rounds?

Makers Fund (4 led), Init 6 (4 led) and Venturra (2 led).

What have VC firms based in Indonesia invested in recently?

Recent rounds include Phaze Inc. (Seed, Nov 2026, with Makers Fund), FuriosaAI (Series D+, Oct 2026, with Quantum Ventures) and Stryv (Series B, Oct 2026, with AC Ventures).

How is this list of VC firms based in Indonesia ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. How we count · Report a correction