Forge Ventures

Forge Ventures is an institutional seed venture capital firm headquartered in Singapore that partners with ambitious founders to build companies across Southeast Asia. Founded in 2021, the firm focuses on seed and early-stage investments in consumer products, business products and services, and operates in Singapore, Indonesia and the broader Southeast Asia region to support startups as they develop and scale.

Tiang Lim Foo

Partner and Co-Founder

Kaspar Hidayat

Co-Founder and Partner

Past deals in Indonesia

Baskit

Seed Round in 2023
Baskit facilitates supply chains by offering commercial support and tools tailored for offline distribution businesses in Indonesia. Its platform addresses major challenges faced by millions of SMEs in the distribution chain, enhancing visibility, efficiency, and access to financing.

Baskit

Pre Seed Round in 2022
Baskit facilitates supply chains by offering commercial support and tools tailored for offline distribution businesses in Indonesia. Its platform addresses major challenges faced by millions of SMEs in the distribution chain, enhancing visibility, efficiency, and access to financing.

Dropezy

Seed Round in 2021
Indonesia-based Dropezy is the pioneer of quick commerce, offering rapid delivery of groceries and household essentials within 15 minutes, 24/7. Customers can choose from over 2000 products via its platform, making shopping convenient and efficient.
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