Indonesia's seed money is back to basics. Funds write smaller, slower cheques than in 2021. Here are 14 seed investors backing Jakarta startups in 2026.
Indonesia still leads Southeast Asia on deal count, and most of those rounds now sit at the early stage. The money has shifted toward pre-seed and seed, even as the headline dollars move elsewhere.
The big cheques go to later rounds, so seed funding stays lean and disciplined. Founders feel that gap when they raise, since each cheque has to stretch further than it once did.
Many of the top seed funds are based in Singapore, yet they still back Jakarta startups hard. To win them quickly you need clean files, and Ellty puts all of your data behind one shareable link.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| East Ventures | Seed VC | ~US$100K-$1M+ | Sector-agnostic, fintech, AI | east.vc |
| AC Ventures | Seed to Series A VC | ~US$1M-$5M+ | Consumer, SaaS, climate, fintech | acv.vc |
| Alpha JWC Ventures | Early-stage VC | From ~US$100K | Consumer, enterprise, fintech | alphajwc.com |
| Insignia Ventures Partners | Pan-SEA seed to Series A | ~US$1M-$5M | Consumer, fintech, F&B, mobility | insignia.vc |
| Openspace Ventures | Pan-SEA early-stage VC | Up to ~US$2M at seed | Consumer, enterprise, climate | openspace.vc |
| Skystar Capital | Seed to Series A VC | ~US$200K-$5M | Consumer, edtech, SaaS, fintech | skystar.vc |
| Genesia Ventures | Pan-Asia seed fund | ~US$200K-$500K | Sector-agnostic digital | genesiaventures.com |
| Kopital Ventures | Pre-seed micro-VC | ~US$100K-$500K | Consumer, agri, healthcare | kopitalventures.com |
| BRI Ventures | Early-stage CVC | Low single-digit US$M | Fintech, agritech, consumer | bri-ventures.com |
| Trihill Capital | Seed to early VC | ~US$1M-$4M | Consumer, agritech, tech | trihillcapital.com |
| Kejora Capital | Seed to growth VC | ~US$1M-$4M | Tech, fintech, consumer | kejorahq.com |
| Living Lab Ventures | Early-stage CVC | CVC, varies | Proptech, biotech, broad tech | livinglab.ventures |
| Wavemaker Impact | Climate venture builder | Few hundred K to ~US$1M | Climate, agri, energy, mobility | wavemakerimpact.com |
| Init 6 | Founder-funded micro-VC | Seed-scale | Enterprise SaaS, fintech, consumer | init-6.fund |
Run your seed raise from one data room
Seed funds read fast and pass faster. Ellty shows who opened your deck so you chase the keen ones first.
Start free 14-day trialWhat a seed investor backs
Seed investors back a team and early signs of pull, treating revenue as a bonus rather than a requirement. They are buying conviction in the people and the problem long before the numbers are proven.
They lead or join small rounds, and they want to own a real stake for the risk they take. That ownership is what makes an early bet worth their time.
A clear plan speeds their yes, and a tidy fundraising file removes the friction that slows a decision. Ellty gives each fund one tracked link, so you can see who reads your deck first and where their attention lands.
Early-stage deals made up about two-thirds of Indonesia's startup rounds in 2025.
14 Jakarta seed investors
1. East Ventures
East Ventures pioneered Indonesian seed investing.
Recent Activity: Led Sxored's 2025 seed round
LinkedIn: East Ventures LinkedIn
Sector Focus: Sector-agnostic, fintech, AI
Stage Focus: Pre-seed, seed
Check Size: ~US$100K-$1M+
Location: Jakarta (and Singapore)
Website: east.vc
2. AC Ventures
AC Ventures backs early consumer and tech.
Recent Activity: Backed MAKA Motors and Koltiva
Sector Focus: Consumer, SaaS, climate, fintech
Stage Focus: Seed to Series A, drifting later
Check Size: ~US$1M-$5M+
Location: Jakarta
Website: acv.vc
3. Alpha JWC Ventures
Alpha JWC is Indonesia's largest early fund.
Recent Activity: Active early-stage backer through 2025
Sector Focus: Consumer, enterprise, fintech
Stage Focus: Pre-seed to Series B
Check Size: From ~US$100K
Location: Jakarta (and Singapore)
Website: alphajwc.com
4. Insignia Ventures Partners
Insignia backs early-stage founders across SEA.
Recent Activity: Led Se'Indonesia's 2025 round
Sector Focus: Consumer, fintech, F&B, mobility
Stage Focus: Seed to Series A
Check Size: ~US$1M-$5M
Location: Singapore, Indonesia-active
Website: insignia.vc
5. Openspace Ventures
Openspace runs a Jakarta office for SEA deals.
Recent Activity: Co-led Sirsak's 2025 seed round
Sector Focus: Consumer, enterprise, climate
Stage Focus: Pre-seed to Series B
Check Size: Up to ~US$2M at seed
Location: Singapore, with a Jakarta office
Website: openspace.vc
6. Skystar Capital
Skystar leads seed rounds from Jakarta.
Recent Activity: Co-led Bythen's US$5M seed in 2025
Sector Focus: Consumer, edtech, SaaS, fintech
Stage Focus: Seed to Series A
Check Size: ~US$200K-$5M
Location: Jakarta
Website: skystar.vc
Send each fund one trackable link
Ellty logs when a seed fund opens your numbers. Follow up at the right moment, not a week too late.
Start free 14-day trial7. Genesia Ventures
Genesia backs pre-seed founders across Asia.
Recent Activity: Led SPUN's US$1.8M seed in Jan 2026
LinkedIn: Genesia Ventures LinkedIn
Sector Focus: Sector-agnostic digital
Stage Focus: Pre-seed, seed
Check Size: ~US$200K-$500K
Location: Tokyo HQ, with a Jakarta office
Website: genesiaventures.com
8. Kopital Ventures
Kopital is a Jakarta pre-seed micro-fund.
Recent Activity: Backed SPUN's US$1.8M seed in Jan 2026
Sector Focus: Consumer, agri, healthcare
Stage Focus: Pre-seed, seed
Check Size: ~US$100K-$500K
Location: Jakarta
Website: kopitalventures.com
9. BRI Ventures
BRI Ventures is Bank BRI's venture arm.
Recent Activity: Backed insurtech Bang Jamin in 2025
LinkedIn: BRI Ventures LinkedIn
Sector Focus: Fintech, agritech, consumer
Stage Focus: Seed
Check Size: Low single-digit US$M
Location: Jakarta
Website: bri-ventures.com
10. Trihill Capital
Trihill backs early Indonesian founders.
Recent Activity: Followed on in agritech Eratani
Sector Focus: Consumer, agritech, tech
Stage Focus: Seed, early
Check Size: ~US$1M-$4M
Location: Singapore, Indonesia-focused
Website: trihillcapital.com
11. Kejora Capital
Kejora invests from seed to growth.
Recent Activity: Active early-stage backer through 2025
Sector Focus: Tech, fintech, consumer
Stage Focus: Seed to growth
Check Size: ~US$1M-$4M
Location: Jakarta (and Singapore)
Website: kejorahq.com
12. Living Lab Ventures
Living Lab is Sinar Mas Land's venture arm.
Recent Activity: Backed biotech Increase Lab in 2025
Sector Focus: Proptech, biotech, broad tech
Stage Focus: Seed, early
Check Size: CVC, varies
Location: Greater Jakarta (Sinar Mas Land)
Website: livinglab.ventures
13. Wavemaker Impact
Wavemaker Impact builds climate startups.
Recent Activity: Led climate startup HiFeed's pre-seed
Sector Focus: Climate, agri, energy, mobility
Stage Focus: Pre-seed, venture builder
Check Size: Few hundred K to ~US$1M
Location: Singapore, Indonesia-active
Website: wavemakerimpact.com
14. Init 6
Init 6 is run by Bukalapak's founders.
Recent Activity: Backed Monit's US$2.5M round in 2025
LinkedIn: Init 6 LinkedIn
Sector Focus: Enterprise SaaS, fintech, consumer
Stage Focus: Seed
Check Size: Seed-scale
Location: Jakarta (Bukalapak founders)
Website: init-6.fund
Why so many funds are foreign
Many seed funds that back Jakarta are based abroad, and Singapore is the main hub for that capital. The legal and tax setup there draws funds even when their attention is firmly on Indonesia.
They still fund Jakarta startups hard, and several keep local offices to stay close to founders. That presence on the ground matters more than the registered address.
Pitch them exactly like any local fund, because the bar and the process are much the same. For an adjacent sector, read our agtech investors guide, and use Ellty to share across borders while you track every open in one place.
Where seed money is going
Fintech and AI still lead the deal flow, while climate and agritech keep gaining ground. The mix reflects both global appetite and problems that are specific to Indonesia.
Consumer and SaaS stay active too, and investors increasingly chase clear paths to revenue. The era of growth at any cost has given way to a focus on real unit economics.
Match your pitch to each fund's thesis, and keep your investor relations tight as the conversation moves along. Ellty shows who digs into your data, and our healthtech investors guide covers another fast-moving corner of the market.
Raising a seed round in Jakarta
Run a tight process with a clear deadline, and line up funds in parallel so momentum builds. A crowded calendar gives you leverage and keeps any single fund from stalling the round.
Protect your numbers as you share them, and use secure file sharing instead of loose email attachments. Sensitive metrics should never sit in an inbox you cannot control.
Send clean updates between calls, and try investor update software to keep them consistent. Ellty locks files with password protection and shows every read live, so you always know where each fund stands.
How to pitch a seed investor
Show a sharp team and early pull.
- 1.Show a sharp team and early pull.Lead with the people and the problem you are solving. Make the vision land in the first few minutes so the rest of the pitch has room to breathe.
- 2.Prove a little real traction.Bring concrete numbers that show early demand, even if they are small. Hard evidence beats promises and gives a seed fund something to underwrite.
- 3.Name your round size and plan.State exactly how much you are raising and what each milestone will buy. Keep the ask tight so investors can picture the next eighteen months clearly.
- 4.Send one Ellty link to your data.Share a single trackable link to your deck, metrics, and model. Watch who digs in so you know which funds to follow up with first.
How Ellty helps you land a seed investor in Jakarta
You have your Jakarta seed list ready. Set up a data room before the first call.
- 1.Upload your deck, metrics, and model.Set access per fund.
- 2.Share one trackable link per fund.Each fund gets a unique link.
- 3.Watch opens and reply on time.Use analytics to time each nudge.
Jakarta seed investor questions
- Local funds and pan-SEA VCs. Many sit in Singapore.
- Often US$1M to US$5M. Some are smaller.
- Deal count is high, dollars lean. Late rounds take most cash.
- Fintech, AI, climate, consumer. SaaS stays active too.
- Yes, many fund it from abroad. Some keep local offices.
- Before your first seed call. Track who opens your numbers.
