Startups That Raised Funding in Jakarta

Danantara

Location: Indonesia

Funding: raises $1.5 billion

Date: 14 days ago

Danantara is an Indonesian infrastructure investment platform that raises capital through debt financing, issuing bonds to support large-scale energy and transportation projects across the country.

Danantara Investment Management

Location: Jakarta, Indonesia

Funding: raises $1.5

Date: 14 days ago

Danantara Investment Management is the asset manager for Indonesia’s sovereign wealth fund, specializing in capital raising and investment portfolio management, as evidenced by its $1.5 billion debut dollar bond issuance.

Jago Coffee

Location: Jakarta, Indonesia

Funding: lands $12.5m

Date: 126 days ago

Jago Coffee operates a network of fully electric mobile coffee carts, powered by an in-house technology platform, to deliver freshly made coffee across Jakarta and expand nationwide.

Eco Buildings Indonesia

Location: Indonesia

Funding: secures $5m

Date: 135 days ago

Eco Buildings Indonesia provides solar power, LED lighting, and energy efficiency solutions to commercial and government clients, enabling sustainable energy upgrades financed through local debt facilities.

PT Sarana Multi Infrastruktur (PT SMI)

Location: Jakarta, Indonesia

Funding: secures $9.3m

Date: 136 days ago

PT Sarana Multi Infrastruktur (PT SMI) is an Indonesian state-owned development finance institution specializing in financing and advisory services for infrastructure and sustainable energy projects. It partners with multilateral lenders and bilateral agencies to secure grants and funding aimed at deepening Indonesia’s sustainable finance market and accelerating its energy transition.

J&T Global Express

Location: Indonesia

Funding: raise HK$4.7 billion

Date: 154 days ago

J&T Global Express is an Indonesian express courier and logistics firm providing technology-driven domestic and international delivery solutions, with a focus on efficient last-mile delivery and rapid cross-border expansion.

PT Garuda Indonesia

Location: Jakarta, Indonesia

Website: garuda-indonesia.com

Funding: raise $1.4

Date: 228 days ago

PT Garuda Indonesia is the national flag carrier airline of Indonesia, offering passenger and cargo air transportation services on domestic and international routes with a focus on safety and reliability.

Hangry

Location: Jakarta, Indonesia

Website: hangry.id

Funding: raises $10.5m

Date: 246 days ago

Hangry is an Indonesian food technology startup operating a network of cloud kitchens that enable restaurants to expand their delivery reach and optimize operations through shared kitchen infrastructure.

Hangry

Location: Indonesia

Funding: raises $10.5m

Date: 247 days ago

Hangry is an Indonesian food and beverage startup operating kitchen facilities to produce and distribute ready-to-eat meals, leveraging its Series A5 funding to expand its operational footprint and scale production capacity.

Pintarnya

Location: Indonesia

Website: pintarnya.com

Funding: raises $16.7M

Date: 306 days ago

Pintarnya is an Indonesian employment platform that not only matches job seekers with full-time and side-gig opportunities but also provides integrated financial services to support and empower its users.

Flash Coffee

Location: Jakarta, Indonesia

Website: flash-coffee.com

Funding: secures $3m

Date: 422 days ago

Flash Coffee is an Indonesia-based coffee chain focused on rapid national expansion, providing convenient and high-quality coffee experiences aimed at urban consumers.