$11M sweet spot round size
Most of their 23 investments are in rounds between $2M and $18M
2016
iSeller raised $12M on January 26, 2023
Investors: Openspace Ventures, Intudo Ventures and PT. Mandiri Capital Indonesia (MCI)
Sinbad raised undisclosed on August 21, 2022
Investors: Central Capital Ventura and PT. Mandiri Capital Indonesia (MCI)
Mekari raised $50M on May 13, 2022
Investors: BEENEXT PTE. LTD, 株式会社マネーフォワード, East Ventures, Alto Partners Pte Ltd, PT Prasetia Dwidharma and PT. Mandiri Capital Indonesia (MCI)
Qoala raised $65M on May 12, 2022
Investors: KB Investment, SALT Ventures Indonesia, SeedPlus, MDI Ventures, Indogen Capital, Flourish Ventures, Eurazeo and PT. Mandiri Capital Indonesia (MCI)
PrivyID raised $18M on October 26, 2021
Investors: MDI Ventures, PT.Farpoint Prima, Endeavor Catalyst, PT. Buana Sejahtera Multidana, Telkomsel Mitra Inovasi (TMI), Bossa Nova Investimentos, GGV Capital and PT. Mandiri Capital Indonesia (MCI)
CROWDE raised $9M on October 21, 2021
Investors: monk's hill ventures, Monk’s Hill Ventures and PT. Mandiri Capital Indonesia (MCI)
Ayoconnect raised $5M on September 1, 2021
Investors: Patamar Capital and PT. Mandiri Capital Indonesia (MCI)
LinkAja raised $100M on November 10, 2020
Investors: BRI Ventures and PT. Mandiri Capital Indonesia (MCI)
iSeller raised undisclosed on November 9, 2020
Investors: Openspace Ventures and PT. Mandiri Capital Indonesia (MCI)
Ayoconnect raised $5M on August 5, 2020
Investors: Amand Ventures, Finch Capital, Brama One Ventures, Patamar Capital, AC Ventures, BRI Ventures and PT. Mandiri Capital Indonesia (MCI)